Senior Structured Finance Cash Flow Analytics VP/AVP Hybrid

Morningstar Credit Ratings, LLC; Chicago (IL); On-site; USD 134,000 - 209,000; Full time

Job summary

Morningstar DBRS in Chicago/NY/Stamford seeks a VP/AVP for Structured Finance Cash Flow Analytics. You will own end-to-end cash flow modeling for securitizations, interpret complex deal documents, and ensure reconciliations to our methodology.

You will serve as a technical resource and mentor junior analysts, supporting US and European issuers as needed. The role requires deep modeling expertise, strong communication skills, and ability to present to senior staff and rating committees.

Qualifications

• Bachelor’s degree in Finance, Engineering, Mathematics, or related field.
• 4–10 years of Structured Finance cash flow modeling experience.
• Ability to model bespoke and complex transactions under tight deadlines.
• Strong quantitative and analytical abilities with high attention to detail.
• Excellent written/verbal communication and interpersonal skills.
• Mentor others and work well in a fast-paced environment.
• CFA (or progress toward it) is a plus.
• Intex (Dealmaker/Calc/Wrapper) and Python proficiency is a plus.
• Excel/VBA proficiency is a plus.

Responsibilities

• Develop, maintain, and run cash flow models in Intex Dealmaker, Python, and other platforms for new-issuance and amendments.
• Independently own complex structures and new asset classes where standard approaches fail.
• Interpret and analyze transaction documents focusing on waterfalls, excess spread, and loss mechanics.
• Reverse-engineer issuer assumptions to Morningstar DBRS methodology and reconcile cash flows.
• Perform AI-assisted validation comparing templates to CDI and results files.
• Present findings to senior staff and Ratings Analyst teams; attend rating committees.
• Provide review and training to junior analysts to raise consistency and throughput.

Skills

Quantitative analysis

Communication

Mentor teammates

Fast-paced work

Education

Bachelor’s degree in Finance/Engineering/Mathematics

Master’s degree in Finance/Engineering/Math

CFA progress (plus)

Tools

Intex Dealmaker

Python

Excel/VBA

Job description

Morningstar DBRS in Chicago/NY/Stamford seeks a VP/AVP for Structured Finance Cash Flow Analytics. You will own end-to-end cash flow modeling for securitizations, interpret complex deal documents, and ensure reconciliations to our methodology.

You will serve as a technical resource and mentor junior analysts, supporting US and European issuers as needed. The role requires deep modeling expertise, strong communication skills, and ability to present to senior staff and rating committees.