VP, Consumer ABS: Lead Credit Analysis & Structuring

Morningstar; New York (NY); On-site; USD 113,000 - 179,000; Full time

Benefits offered by this job

Hybrid work model

Wellness programs

Financial Health initiatives

Job summary

Morningstar DBRS in New York seeks a Vice President to lead consumer ABS analysis and contribute to independent credit opinions across securitization markets.

You will evaluate collateral, structures, and credit trends across auto loans, credit cards, student loans, and more, presenting findings to rating committees and engaging with issuers and investors. The role blends deep analysis with external collaboration.

Qualifications

• 7+ years of experience in structured finance, consumer ABS, securitization, credit investing, transaction structuring, ratings, surveillance, or consumer credit risk.
• Direct experience analyzing, structuring, investing in, monitoring, or rating consumer ABS transactions.
• Strong understanding of collateral performance, transaction structures, credit enhancement mechanisms, legal frameworks, and cash flow analysis.
• Ability to form and defend independent credit opinions supported by quantitative and qualitative analysis.

Responsibilities

• Lead the analysis and rating of new consumer ABS transactions, including collateral assessment, structural analysis, operational reviews, legal analysis, and cash flow evaluation.
• Serve as lead analyst on assigned transactions, presenting recommendations to rating committees and defending analytical conclusions.
• Assess collateral performance, underwriting practices, servicing capabilities, and macroeconomic trends to develop forward-looking credit views.
• Analyze transaction structures and credit enhancement mechanisms to evaluate performance under stress scenarios.
• Engage directly with issuers, bankers, investors, servicers, and legal counsel throughout the rating process.
• Partner with quantitative, legal, criteria, and surveillance teams to support high-quality rating decisions and published research.
• Author presale reports, rating reports, research publications, and market commentary covering developments across consumer ABS sectors.
• Represent Morningstar DBRS in issuer meetings, investor discussions, industry events, and other external forums.
• Contribute to methodology development, analytical tools, and sector research initiatives.
• Mentor junior analysts and support a culture of analytical rigor, collaboration, and continuous learning.

Skills

Structured finance

Consumer ABS

Credit analysis

Presentation to senior stakeholders

Multiple transaction management

Analytical communication

Education

Bachelor's degree in Finance, Economics, Mathematics, Statistics, Engineering, Computer Science, or related field

Tools

Intex

Job description

Morningstar DBRS in New York seeks a Vice President to lead consumer ABS analysis and contribute to independent credit opinions across securitization markets.

You will evaluate collateral, structures, and credit trends across auto loans, credit cards, student loans, and more, presenting findings to rating committees and engaging with issuers and investors. The role blends deep analysis with external collaboration.