VP, Consumer ABS — Lead Structured Finance Analyst

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

Benefits offered by this job

401k match

Stock Ownership

Health benefits

HSA contributions

Sabbatical

Family leave

Parental leave

Tuition reimbursement

Volunteer days

Job summary

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

You will evaluate collateral performance, structures, legal frameworks, and macro trends while presenting recommendations to rating committees and coordinating with issuers, bankers, and legal counsel. This role blends deep transaction analysis with market insight.

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.
• Experience evaluating consumer credit trends, underwriting practices, servicing performance, and macroeconomic developments.
• Strong analytical, communication, and presentation skills, including experience presenting conclusions to senior stakeholders, investment committees, rating committees, or other decision-making forums.
• Proven ability to manage multiple transactions and priorities while maintaining high analytical standards and attention to detail.
• Bachelor's degree in Finance, Economics, Mathematics, Statistics, Engineering, Computer Science, or a related field.

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 a range of 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.

Skills

Analytical thinking

Communication

Presentation skills

Leadership

Education

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

Tools

Intex

Structured finance cash flow models

Job description

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

You will evaluate collateral performance, structures, legal frameworks, and macro trends while presenting recommendations to rating committees and coordinating with issuers, bankers, and legal counsel. This role blends deep transaction analysis with market insight.