RMBS Credit Ratings AVP - Lead Analysis (NY)

Morningstar; New York (NY); Hybrid; USD 98,000 - 138,000; Full time

Benefits offered by this job

401k match

Company-paid life insurance

Health benefits

Job summary

Morningstar DBRS in New York is seeking an Assistant Vice President to support RMBS credit ratings for U.S. residential mortgage‑backed securities. You will analyze transactions, review bank cash‑flow models, and interact with external market participants to deepen structured finance expertise.

The role offers collaboration with senior analysts, exposure to rating committees, and opportunities to contribute to model enhancements and market updates in a hybrid work environment.

Qualifications

• Bachelor’s degree in finance, economics, math, engineering, computer science, or a related field.
• 5–7 years of experience in structured finance, securitization, banking, mortgage finance, or a relevant analytical role.
• Strong analytical and quantitative abilities with excellent attention to detail.
• Proficiency in Microsoft Excel and standard Office applications.
• Organized, deadline-driven with ability to manage multiple priorities.
• Strong communication and presentation skills to convey complex concepts clearly.

Responsibilities

• Conduct RMBS transaction analysis, including assessment of collateral characteristics, deal structures, credit enhancement levels, and legal frameworks.
• Identify and focus on key credit issues during the new‑issue rating process.
• Review and evaluate banker cash‑flow model outputs, providing feedback on structural assumptions.
• Present analytical findings to rating committees with clarity and confidence.
• Collaborate with senior analysts to ensure accurate and consistent application of criteria.
• Produce market updates, newsletters, or concise commentary with minimal supervision.
• Participate in meetings with bankers, issuers, investors, and other market participants to discuss transaction details and analytical considerations.

Skills

Analytical thinking

Quantitative skills

Attention to detail

Communication skills

Presentation skills

Education

Bachelor's degree in finance, economics, math, engineering, computer science, or a related field

Tools

Microsoft Excel

Office applications

Job description

Morningstar DBRS in New York is seeking an Assistant Vice President to support RMBS credit ratings for U.S. residential mortgage‑backed securities. You will analyze transactions, review bank cash‑flow models, and interact with external market participants to deepen structured finance expertise.

The role offers collaboration with senior analysts, exposure to rating committees, and opportunities to contribute to model enhancements and market updates in a hybrid work environment.