at Morningstar, Investment Management, LLC in New York, New York, United States
Job Description
Summary
Morningstar DBRS is seeking an Assistant Vice President, Ratings Workflow within the Global Business Development team to be responsible for acting as the lead intermediary between the Business Development team and Analytical teams on ratings workflows. A key measure of success for this role will be the timeliness of getting key term sheet information on new transactions and engagements forwarded to the correct Analytical team. The ideal candidate will have a deep understanding of key industry terminology, methodology architectures, and key data requirements for the application of various structured finance and fundamental rating methodologies.Further, the successful candidate should be familiar with the analytical process and overall credit rating approval process and be capable of quickly developing a solid understanding of all Morningstar DBRS published methodologies and criteria. This position is based in our New York office and hybrid attendance is required.
Responsibilities:
The core responsibilities of the role are routing new transactions and engagements to analysts, monitoring the progress of analytical team assessments, and integrating data across multiple systems to drive reporting:
Routing new transactions and engagements to analysts
Able to offer timely initial assessments of new transactions, and reliably identify the appropriate analytical team that will undertake a first review of the new transaction
Where an analytical team has identified that a new or expanded methodology may be required to rate a new transaction, and thus expands an assessment to involve members of the New Assets team, able to effectively monitor the progress of the project as needed across multiple analytical teams delivering on deeper assessments
Monitoring the progress of analytical team assessments on new transactions
Adept at managing multiple projects simultaneously, keeping track of how a variety of ongoing assessments are progressing within various analytical teams,
Effective at communicating project updates to other Business Development team members responsible for managing expectations with prospective clients on the timing for when it will be determined if a potential rating on a new transaction can move forward
Integrating data across multiple systems to drive reporting
Capable of extracting reporting from both custom information technology systems and databases, as well as CRM software like Salesforce as needed to map the end-to-end workflows involved in the credit ratings process
Experienced in working with both IT and analytical teams when considering process workflow improvements, and implementing process changes
Qualifications:
Knowledge of the market dynamics within the fixed income markets globally, including rating agencies, credit research, and fixed income sales
Deep understanding of the end-to-end workflows applied in efforts to determine a credit rating, and the application of methodologies and criteria as published by rating agencies like Morningstar DBRS, Fitch, Moody's, and S&P
5+ years of experience in Structured Finance
Bachelors degree
Nice to have:
Desire to expand your capabilities and expertise across the structured finance assets classes of ABS, RMBS, CMBS, and Structured Credit, working with the analytical teams who specialize in these areas
Proven ability to build relationships across multiple teams and departments operating in various locations
Knack for mapping the processes and data flows that deliver insights to people, and proposing options for improving operations in ways that are capable of delivering higher quality results faster
Base Salary Compensation Range:
$77,000 - $131,000
Bonus Target:
25%
Compensation and Benefits
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. Here are some examples of the offerings we provide:
Financial Health
75% 401k match up to 7%
Stock Ownership Potential
Company provided life insurance - 1x salary + commission
Physical Health
Comprehensive health benefits (medical/dental/vision) including potential premium discounts and company-provided HSA contributions (up to $500-$2,000 annually) for specific plansand coverages
Additional medical Wellness Incentives - up to $300-$600 annual
Company-provided long- and short-term disabilityinsurance
Emotional... For full info follow application link.
Morningstar and its subsidiaries are an equal opportunity/affirmative action employer. All qualified applicants will receive consideration for employment without regard to race, color, ancestry, religion, sex, national origin, age, disability, protected veteran status, marital status, sexual orientation, genetic information, citizenship, gender identity, parental status, or other legally protected characteristics or conduct.
