Morningstar

Senior Vice President, CLO & Structured Credit Ratings

New York · Exec

Sponsorship not specified$300k-$600kDetected 14 days ago

AccountingExcelResearchLeadershipCommunicationMentoringMicrosoft Office

About the role

Prepare and present detailed discussion and committee memos for US SC credit rating committees.
Author pre-sale and new issue credit rating reports, among other relevant disclosures.
Assess legal, regulatory, counterparty and other risks related to US SC credit ratings.

Responsibilities

Prepare for and lead management meetings and maintain issuer/client relationships.
Lead external client calls to discuss methodologies and transaction proposals.
Conduct analysis on the fund manager's capabilities and track record, the fund investment portfolio, transaction capital structure, and legal documents.
Support the expansion of the US SC team by championing projects and initiatives.
Collaborate with other Morningstar DBRS credit teams to support credit rating surveillance, analysis, administration and research.
Lead analyst responsible for assigning new credit ratings to CLO and esoteric Structured Credit transactions.
Morningstar's hybrid work environment gives you the opportunity to collaborate in-person each week as we've found that we're at our best when we're purposely together on a regular basis.

Requirements

Undergraduate degree in finance, accounting, business, economics or related discipline is required.
7+ years' relevant experience, with experience in structuring or analyzing CLOs, rated warehouses and CLO-like financing facilities.
Proficiency in Microsoft Office suite, with advanced skills in Excel, such as building complex formulas or models, pivot tables and graphs.
Willingness and ability to learn new analytical approaches proactively.
Self-starter with ability to prioritize and complete critical work quickly, independently and with a sense of urgency.
Ability to work in a fast-paced environment, multi-tasking to meet multiple deadlines.
Must be a team player with strong interpersonal skills with the ability to motivate team members to produce timely and accurate work product.
If any conflicts of interest are identified, then you will be required to liquidate those holdings immediately.
In addition, dependent on your department and location of work certain employee accounts must be held with an approved broker (for example all, U.S. employee accounts).
If this applies and your account(s) are not with an approved broker, you will be required to move your holdings to an approved broker.
7+ years' relevant experience, with experience in structuring or analyzing CLOs, rated warehouses and CLO-like financing facilities. Other relevant experience could include: Funds, BDC or private credit ratings-related work, Investment banking or legal counsel focusing on funds-related work, Credit risk management function focusing on credit funds, or other relevant experience as a market participant
Strong interest in credit funds, BDCs, CLOs, private credit and/or private equity encouraged.
Solid research and analytical skills, with acute attention to detail.
Strong verbal and written communication skills to prepare clear and concise committee materials and reports in proper and professional etiquette.

Nice to have

Rating agency experience for a smoother transition into the nuances and rigors of the rating processes and understanding credit rating methodologies.
Morningstar is an equal opportunity employer.
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 globally.
Rating more than 4,000 issuers and 60,000 securities, it is one of the top four credit rating agencies in the world.
Morningstar DBRS empowers investor success by bringing more transparency and a much-needed diversity of opinion in the credit rating industry.
Market innovators choose to work with us because of our agility, tech-forward approach, and exceptional customer service.
Morningstar DBRS is the next generation of credit ratings.
Here are some examples of the offerings we provide:

Compensation

Compensation Range
$149,357.00-236,166.33 Incentive Target Percentage
100% 401k match up to 6% of salary
1x salary + commission

Benefits

Financial Health
Stock Ownership Potential
Company provided life insurance
Comprehensive health benefits (medical/dental/vision) including potential premium discounts and company-provided HSA contributions (up to $500-$2,000 annually) for specific plans and coverages
Additional medical Wellness Incentives - up to $300-$600 annual
Company-provided long- and short-term disability insurance
Emotional Health
Trust-Based Time Off

Company info

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 globally. Rating more than 4,000 issuers and 60,000 securities, it is one of the top four credit rating agencies in the world.
Morningstar DBRS empowers investor success by bringing more transparency and a much-needed diversity of opinion in the credit rating industry. Our approach and size allow us to be nimble enough to respond to customers' needs in their local markets, but large enough to provide the necessary expertise and resources they require. Market innovators choose to work with us because of our agility, tech-forward approach, and exceptional customer service.
Compensation and Benefits
Our approach and size allow us to be nimble enough to respond to customers' needs in their local markets, but large enough to provide the necessary expertise and resources they require.
At Morningstar we believe people are at their best when they are at their healthiest.
That's why we champion your wellness through a wide range of programs that support all stages of your personal and professional life.
100% 401k match up to 6% of salary

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