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Exciting opportunity to grow your expertise in Single Family Rental and Reverse Mortgage securitizations with Morningstar DBRS, one of the top four credit rating agencies globally
Overview
Salary £95000 - £154000
Location New York, United States of America - Hybrid
Expires Expires at anytime
Organisation summary
Morningstar DBRS is a renowned global provider of independent rating services and opinions, catering to corporate and sovereign entities, financial institutions, and project and structured finance instruments. Rating over 4,000 issuers and 60,000 securities makes us one of the top four credit rating agencies globally. We strive to promote investor success through transparent practices and diversity in credit rating industry.
Role Summary
- As an analyst, you'll specialize in surveillance of Single Family Rental and Reverse Mortgage securitizations.
- Prepare detailed memos summarizing the transactions and proposing ratings based on a thorough analysis.
- Presentation and defence of the findings to the Rating Committee.
- Manage record retention and post-committee processes.
- Lead instruction of fellow team members.
Role Requirements
- A bachelor’s degree in Finance, Math, Engineering, or a related field.
- 3+ years of experience in RMBS securitizations analysis.
- Quantitative experience with Single Family Rentals or Reverse Mortgages.
- Understanding of credit and legal aspects of structured finance in the residential mortgage product area.
- Strong quantitative, analytical, and detail-oriented skills.
- Excellent written, verbal communication, and interpersonal skills.
About the Role The analyst selected will become an expert in surveilling Single Family Rental and Reverse Mortgage securitizations. Upon performing a deep-dive, the analyst will formulate a memo summarizing the transaction and including cogent rationale for each proposed rating. The analyst will then present and defend the findings to the Rating Committee. Additionally, the selected analyst will instruct other team members and will be responsible for record retention and post-committee processing.
Job Responsibilities The selected analyst will report to the Head of US RMBS Surveillance and be part of the RMBS Surveillance group. Job Responsibilities include all manner of qualitative and quantitative techniques to get the rating right.
Qualifications Completion of a bachelor’s degree in finance, math, engineering, or any other related field. 3+ years of experience in analysis of RMBS securitizations including quantitative experience with either Single Family Rentals or Reverse Mortgages. Thorough understanding of credit and legal aspects of structured finance 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.
About Us 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.
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 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 6-week Paid Sabbatical Program 6-Week Paid Family Caregiving Leave Competitive 8-24 Week Paid Parental Bonding Leave Adoption Assistance Leadership Coaching & Formal Mentorship Opportunities Annual Education Stipend Tuition Reimbursement Social Health Charitable Matching Gifts program Dollars for Doers volunteer program Paid volunteering days 15+ Employee Resource & Affinity Groups
