Vice President, Credit Ratings - US RMBS

Vice President, Credit Ratings - US RMBS

Morningstar DBRS U.S. RMBS team is seeking a ratings analyst with strong quantitative and analytical skills at the Vice President level. The role is based in New York, New York and is part of the Global Structured Finance team.

Candidate will conduct the activities required to assign new ratings for U.S. RMBS transactions, including collateral assessment, cash flow analysis, third‑party due diligence and legal document reviews. The role requires strong teamwork, work ethics, attention to detail and an analytical mindset.

• Act as lead analyst on structured finance transactions and present analysis to the rating committee.
• Perform transaction analysis including collateral, deal structure and legal issues.
• Focus on key credit issues during the new issue rating process.
• Test cash flows to confirm accuracy and robustness of cash flow models and conduct scenario/sensitivity analysis.
• Conduct analysis to evaluate the credit profile of securities and review related legal documents.
• Participate in criteria development and enhancement of structured finance models.
• Produce and publish industry commentaries and newsletters.
• Build and maintain relationships with bankers, investors and originators.

• Completion of bachelor’s degree in finance, math, economics, computer science, engineering, or a related field.
• 5+ years of experience in structured finance.
• Proficiency in Microsoft Excel and Microsoft Office programs.
• Robust understanding of credit and legal aspects of structured finance transactions in the residential mortgage product area.
• Strong quantitative and analytical skills with a high attention to detail.
• Excellent written and verbal communication and interpersonal skills.
• Self‑starter and team player with demonstrated ability to work in a fast‑paced environment.
• Personable, eager to learn, organized, deadline‑driven, and systems oriented.
• Familiarity with structured products market and technical expertise in using fixed income analytical systems such as Intex (Dealmaker, Calc) and Bloomberg.

• Master’s degree in finance, math, economics, computer science or a related field.
• VBA, Python, or other basic programming skills.

Morningstar DBRS is a leading provider of independent rating services and opinions for corporate and sovereign entities, financial institutions and project and structured finance instruments worldwide. With more than 4,000 issuers and 60,000 securities rated, it is one of the top four credit rating agencies in the world.

Base Salary Compensation Range: $110,000 – $205,000 USD per year

Incentive Target: 30% of base salary annually

Benefits include comprehensive financial, physical, emotional and social health programs, including 401(k) match, health insurance, paid time off, tuition reimbursement and more.