Senior Structured Finance Cash Flow Analyst (AVP/VP)

Morningstar, Inc.; New York (NY); Hybrid; USD 97,000 - 145,000; Full time

Benefits offered by this job

401k match

Stock ownership potential

Company-provided life insurance

Comprehensive health benefits

6-week Sabbatical Program

Paid parental leave

Tuition/Well-being stipend

Volunteer days

Job summary

Morningstar DBRS in New York seeks a highly motivated structured finance professional to join the Global Structured Finance Cash Flow Analytics team at AVP/VP level. The role focuses on developing, running and analyzing cash flow models for new-issue, amendment and surveillance transactions across ABS, RMBS, CMBS, and Structured Credit.

You will interpret transaction documentation, evaluate structural features and communicate analytical findings to senior stakeholders, while mentoring junior

Qualifications

• Bachelor's degree in Finance, Engineering, Mathematics or a related quantitative discipline.
• 4–10 years of structured finance, hands-on cash flow modeling experience.
• Experience with ABS, RMBS, CMBS or Structured Credit.
• Proficiency with Intex Dealmaker and Calc or other cash flow modeling tools.
• Strong quantitative and analytical capabilities with attention to detail.

Responsibilities

• Develop, maintain and run cash flow models for new-issue, amendment and surveillance transactions.
• Independently model complex and bespoke securitization structures.
• Review transaction legal documents and translate waterfall mechanics into models.
• Perform cash flow tie-outs and reconcile outputs with methodologies.
• Collaborate with Ratings Analysts to evaluate cash flow results and risks.
• Present findings to senior teams and rating committees.
• Utilize AI-assisted validation tools to support model accuracy and efficiency.
• Provide guidance and informal training to junior analysts.
• Collaborate across global teams to support transaction execution.

Skills

Structured finance modeling

Intex Dealmaker

Waterfall mechanics

Python

Excel

Communication to stakeholders

Mentoring juniors

Education

Bachelor's degree in Finance, Engineering, Mathematics or related quantitative discipline

Tools

Intex Dealmaker

Calc

Python

Job description

Morningstar DBRS in New York seeks a highly motivated structured finance professional to join the Global Structured Finance Cash Flow Analytics team at AVP/VP level. The role focuses on developing, running and analyzing cash flow models for new-issue, amendment and surveillance transactions across ABS, RMBS, CMBS, and Structured Credit.

You will interpret transaction documentation, evaluate structural features and communicate analytical findings to senior stakeholders, while mentoring junior