Morningstar DBRS is seeking a Vice President for our ABS – Surveillance team in the New York office. We are looking for problem solvers, analytical thinkers, and solution initiators to focus on extant asset‑backed securities (ABS) transactions. This role will provide unique opportunities to learn and be exposed to more than 40 segments of the ABS market as well as gaining expertise in computational and automation‑based processes.
Responsibilities
- Analyze the credit risk in ABS by performing tasks that include collateral/loss analysis, modeling transactions and reviewing associated legal documentation.
- Manage the assigned portfolio of credits to surveil.
- Prepare materials to be reviewed at the rating committee.
- Present analytical conclusions and recommendation to rating committee members.
- Work with the cash flow modeling team (when applicable) to run appropriate stress scenarios for rating analysis.
- Assist in mentoring and training junior analysts.
- Assist in the development and publication of topical research.
- Coordinate with other teams to support credit rating analysis, research and administration.
- Interact with other team members to learn departmental techniques and automation.
- Utilize original thinking to extend in‑place automation.
- Assist the team in building various databases and analytical tools.
Qualifications
- Completed a bachelor’s degree in a subject such as finance, mathematics, accounting, economics or a similar quantitative discipline.
- 7+ years of experience in Structured Finance (preferably ABS background).
- Excellent quantitative and writing skills.
- Strong communication skills.
- Curiosity and the capability to turn intuition into usable tools to advance departmental efficiency.
- Knowledge of a programming language other than VBA.
- Ability to balance multiple tasks and projects simultaneously.
- uty to analyze large data sets and deliver largely error‑free conclusions.
Compensation and Benefits
Base Salary Compensation Range: $113,308.00 – $178,794.66
Incentive Target Percentage: 30% Annual
- Financial Health: 100% 401(k) match up to 6% of salary; stock ownership potential; company–provided life insurance – 1× 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 leave; adoption assistance.
- Leadership coaching & formal mentorship opportunities.
- Annual flex stipend – $1,000 annually to cover personal education & well‑being expenses; tuition reimbursement; social health charitable matching gifts program – dollars for doers volunteer program; paid volunteering days 15+; employee resource & affinity groups.
Compliance Note
Upon receiving an offer, individuals must disclose personal and related investments to the Compliance team. These will be reviewed for Code of Ethics compliance and any conflicts must be remedied immediately. Depending on department and location, employees may be required to hold accounts with an approved broker.
Equal Employment Opportunity Statement
We make all employment decisions—including recruitment, hiring, compensation, training, promotion, transfer, discipline, termination, and other personnel matters—without regard to race, color, ancestry, religion, sex, national origin, age, disability, protected veteran status, marital status, sexual orientation, genetic information, citizenship, gender identity and expression, parental status, or other legally protected characteristics or conduct.
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This position is listed as full time and onsite.