Assistant Vice President, Credit Ratings, CMBS

Morningstar; Toronto; On-site; CAD 125,000 - 150,000; Full time

Job summary

An established industry player is seeking a detail-oriented analyst to lead the rating of US CMBS transactions. This role requires a strong analytical mindset and exceptional proficiency in Excel, along with excellent interpersonal and presentation skills. The successful candidate will engage in complex analyses, conduct site inspections, and present findings to the credit committee. This position offers a dynamic work environment where your expertise will contribute to critical financial assessments and reports. If you thrive in fast-paced settings and have a passion for commercial real estate finance, this opportunity is perfect for you.

Qualifications

• 7-10 years of experience in commercial real estate finance.
• Degree in finance, real estate, or related area is required.

Responsibilities

• Lead analyst for rating US CMBS transactions and compliance.
• Conduct market research and financial analysis for reports.

Skills

Analytical Skills

Interpersonal Skills

Presentation Skills

Business Writing

Excel Proficiency

Intellectual Curiosity

Education

Degree in Finance

Degree in Real Estate

Advanced Degree or CFA

Job description

About the Role

The individual must be able to work in a fast-paced environment, be analytical and highly attentive to detail. The candidate will be highly poised and possess excellent interpersonal and presentation skills. In addition, candidates must possess a high degree of proficiency in Excel as well as the intellectual curiosity to develop new applications and to perform complex analyses. Well-developed business writing skills are also required.

This position is based in Chicago or Toronto.

Responsibilities

• Act as the lead analyst and manage the process of rating US CMBS transactions while maintaining compliance with DBRS Policies and Procedures.
• Obtain a solid understanding of DBRS quantitative models to assess credit worthiness of multi-borrower transactions as well as single-borrower transactions.
• Determine DBRS stabilized net cash flows for all property types, a variety of loan sizes ($2 million to >$1 billion) and unique loan structures including holdbacks and future funding components based on property performance and market dynamics.
• Conduct site inspections of all major commercial real estate property types throughout the US.
• Compose and review detailed committee memos as well as published Presale and rating reports containing the culmination of research and DBRS analysis and opinions.
• Present loan level analysis and quantitative results and provide recommendations to the credit committee.
• Conduct market research and financial analysis to develop reports for DBRS published research, investor meetings and conferences.
• Respond to client and colleague inquiries regarding methodologies, transaction analysis and research.

Qualifications

• The successful candidate will have at least 7 to 10 years of experience in a commercial real estate finance related field.
• The analyst should hold a degree in finance, real estate or a related area.
• Advanced degree or CFA is a plus.