Assistant Vice President, Credit Ratings, CMBS

Morningstar; Toronto; On-site; CAD 100,000 - 140,000; Full time

Job summary

A leading financial services firm is seeking an Assistant Vice President for Credit Ratings in Toronto. The role involves managing CMBS transactions, conducting detailed financial analyses, and presenting findings to the credit committee. Candidates should have extensive experience in commercial real estate finance and strong analytical skills, with a focus on teamwork and communication.

Benefits

Hybrid work environment

Flexible benefits

Qualifications

• 7 to 10 years of experience in commercial real estate finance.
• Degree in finance, real estate, or a related area required.
• Advanced degree or CFA is a plus.

Responsibilities

• Manage the process of rating US CMBS transactions.
• Conduct market research and financial analysis for reports.
• Present loan level analysis and quantitative results.

Skills

Analytical skills

Interpersonal skills

Presentation skills

Business writing skills

Proficiency in Excel

Education

Degree in finance, real estate or related area

Advanced degree or CFA

Job description

Assistant Vice President, Credit Ratings, CMBS page is loaded

Assistant Vice President, Credit Ratings, CMBS

Apply locations Toronto time type Full time posted on Posted 30+ Days Ago job requisition id REQ-049968

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 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

Morningstar’s hybrid work environment gives you the opportunity to work remotely and collaborate in-person each week. We’ve found that we’re at our best when we’re purposely together on a regular basis, at least three days each week. A range of other benefits are also available to enhance flexibility as needs change. No matter where you are, you’ll have tools and resources to engage meaningfully with your global colleagues.

Similar Jobs (3)

Assistant Vice President, Credit Ratings, Real Estate / CMBS

locations Toronto time type Full time posted on Posted 30+ Days Ago

Assistant Vice President, Credit Ratings, Energy & Natural Resources

locations Toronto time type Full time posted on Posted 30+ Days Ago

Assistant Vice President, Private Credit

locations Toronto time type Full time posted on Posted 30+ Days Ago

When you find a position you're interested in, click the 'Apply' button. Please fill out this form completely, attaching your resume and cover letter in the approved format. Read the job requirements carefully and make sure to attach writing or design samples as required. Applicants must submit their resume and other information through our corporate website to be considered for a job at Morningstar. No phone calls, please.

Step 2

You will receive an email notification to confirm that we've received your application.

Step 3

If you are called in for an interview, a representative from Morningstar will contact you to set up a date, time, and location. Be prepared for a rigorous interview process. To make sure you're a good fit for Morningstar and we're a good fit for you, we'll schedule time for you to meet with multiple staff members at all levels of the company. Expect to return for multiple interviews as part of the process. A representative from Morningstar will contact you with the results of your interview—either with a job offer or to let you know our plans for the position.

Applicants With Disabilities Who Need Accommodation

Morningstar is committed to working with and providing reasonable accommodation to individuals with disabilities. If, because of a medical condition or disability, you need a reasonable accommodation for any part of the employment process, please call [phone] or email [e-mail] and let us know the nature of your request and your contact information.

Please note:

• We only accept calls from applicants who need accommodation related to a disability. Please, no calls with unrelated questions or requests.
• Please be sure to include the title and location of the open position you’re interested in when you leave a message.

US Applicants: Morningstar is an E-Verify program participant.

Morningstar is strongly committed to creating and preserving equal opportunity for all employees and applicants. 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.