Vice President - European Structured Finance, Consumer & Corporate Securiti at Morningstar

London, England, United Kingdom -

Full Time

Start Date

Immediate

Expiry Date

13 Feb, 26

Salary

0.0

Posted On

15 Nov, 25

Experience

10 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Credit Rating, Structured Finance, Analytical Skills, Cash Flow Modelling, Communication Skills, Team Management, Attention to Detail, Quantitative Skills, ABS Transactions, Legal Documentation, Microsoft Excel, Microsoft Office, Programming Languages, Problem Solving, Client Facing, Training and Mentoring

Industry

Financial Services

Description

Morningstar DBRS is seeking a highly motivated individual to join its European Consumer & Corporate Securitisation team at the level of Vice President (VP) as a lead analyst for Morningstar DBRS rated transactions and conduct all the activities required to assign and/or maintain credit ratings of ABS and/or Structured Credit transactions in Europe and, to a lesser extent, in Asia Pacific (APAC). The successful candidate shall possess good interpersonal, presentation and communication skills necessary to work with all levels of colleagues and external contacts. The person will develop and/or deepen her/his understanding of the various ABS and/or SC sectors and be required to acquire an appropriate understanding of the relevant Morningstar DBRS credit rating criteria. As a VP, she/he will also assist the team leaders and/or the sector leaders to manage, coordinate and train other members. The selected candidate will work in an environment with a strong focus on teamwork and should have strong work ethics, an analytical and quantitatively oriented mind-set and attention to details. The position offers wide opportunities to develop European and APAC structured finance experience in a client facing environment. Morningstar DBRS is registered with the U.S. Securities and Exchange Commission as a nationally recognized statistical rating organization (NRSRO). Morningstar DBRS has earned a reputation for innovation and excellence in the structured finance market and aims to increase market transparency by providing the highest-quality ratings, securities research, monitoring services, operational risk assessments, data, and technology solutions. Key Responsibilities The successful candidate will join Morningstar DBRS’ European Structured Finance Ratings as a member of European Consumer & Corporate Securitisation (ECCS) team t. Her/his responsibilities will include: Act as the lead analyst, manage and/or coordinate and oversee other lead analysts conducting the process of evaluating credit risk and assigning credit ratings in the ABS and CLO sectors, while adhering to the relevant rating methodology. Act as lead and/or support other lead analysts in the process of surveillance of selected securitisation transactions. Review transaction amendments if required. Apply Morningstar DBRS’ credit rating methodologies and analytical tools. Analyse the cash flow structures of ABS transactions using Morningstar DBRS’ cash flow tools and Intex. Analyse performance trends of existing transactions for relevant research. Review and/or support or coordinate the review of transaction legal documentation, memoranda, transaction summaries or presentations in conjunction with Morningstar DBRS’ methodologies. Contribute the review, development and/or interpretation of Morningstar DBRS’ methodologies and criteria. Draft, contribute to, review and/or finalise analytical documentation for both internal and external use, such as discussion papers/memoranda, rating reports, press releases, research commentaries, presentations and industry reports under supervision of lead analysts. Participate in reviews of originators, servicers and/or other relevant parties with operational risk analysts. Assist with the publishing workflow, including regulatory disclosures. Appropriately delegate and/or oversee the completion of tasks. Coach, train and mentor junior staff. Adhere to compliance, regulatory and company policies and procedures. Role Requirements Minimum 7 years of direct credit rating experience in structured finance at an advisory firm, an arranger, an investor, an asset lender or a credit rating agency. Experience in ABS transactions and understanding of European consumer finance in automobile, consumer loan or credit card lending. Understanding of ABS legal documentation. Understand Morningstar DBRS’ credit rating methodologies and analytical tools. Excellent written and oral English. Proficiency in other European languages (French, Spanish or Italian) is an advantage. Proved analytical abilities with a high attention to details and work quality. Quantitative skills and experience in cash flow modelling and capacity to manage large data sets are preferred. Bachelor (or equivalent) degree in finance, financial engineering or other quantitative discipline. Proficiency in Microsoft Excel and Microsoft Office applications. Knowledge of programming languages (VBA, Python, etc.) is a plus. Permission to work in the UK. Occasional travel within Europe is required. Ability to manage multiple projects and work in a team and independently in a dynamic environment under tight deadlines. Ability to solve problems proactively and creatively. About Us Morningstar DBRS is a leading provider of independent rating services and opinions for corporate and sovereign entities, financial institutions, and project and structured finance instruments globally. Rating more than 4,000 issuers and 60,000 securities, it is one of the top four credit rating agencies in the world. Morningstar DBRS empowers investor success by bringing more transparency and a much-needed diversity of opinion in the credit rating industry. Our approach and size allow us to be nimble enough to respond to customers' needs in their local markets, but large enough to provide the necessary expertise and resources they require. Market innovators choose to work with us because of our agility, tech-forward approach, and exceptional customer service. Morningstar DBRS is the next generation of credit ratings. If you receive and accept an offer from us, we require that personal and any related investments be disclosed confidentiality to our Compliance team (days vary by region). These investments will be reviewed to ensure they meet Code of Ethics requirements. If any conflicts of interest are identified, then you will be required to liquidate those holdings immediately. In addition, dependent on your department and location of work certain employee accounts must be held with an approved broker (for example all, U.S. employee accounts). If this applies and your account(s) are not with an approved broker, you will be required to move your holdings to an approved broker. Morningstar's hybrid work environment gives you the opportunity to collaborate in-person each week as we've found that we're at our best when we're purposely together on a regular basis. In most of our locations, our hybrid work model is four days in-office each week. A range of other benefits are also available to enhance flexibility as needs change. No matter where you are, you'll have tools and resources to engage meaningfully with your global colleagues. R07_DBRSRtgsLtdUK DBRS Ratings Limited - UK Legal Entity How to Apply for a Job at Morningstar Step 1 When you find a position you're interested in, click the 'Apply' button. Please fill out this form completely, attaching your resume and cover letter in the approved format. Read the job requirements carefully and make sure to attach writing or design samples as required. Applicants must submit their resume and other information through our corporate website to be considered for a job at Morningstar. No phone calls, please. Step 2 You will receive an email notification to confirm that we've received your application. Step 3 If you are called in for an interview, a representative from Morningstar will contact you to set up a date, time, and location. Be prepared for a rigorous interview process. To make sure you're a good fit for Morningstar and we're a good fit for you, we'll schedule time for you to meet with multiple staff members at all levels of the company. Expect to return for multiple interviews as part of the process. A representative from Morningstar will contact you with the results of your interview—either with a job offer or to let you know our plans for the position. Applicants With Disabilities Who Need Accommodation Morningstar is committed to working with and providing reasonable accommodation to individuals with disabilities. If, because of a medical condition or disability, you need a reasonable accommodation for any part of the employment process, please call +1 312 384-3900 or email AskHR@morningstar.com and let us know the nature of your request and your contact information. Please note: We only accept calls from applicants who need accommodation related to a disability. Please, no calls with unrelated questions or requests. Please be sure to include the title and location of the open position you’re interested in when you leave a message. US Applicants: Morningstar is an E-Verify program participant. Learn more: This Organization Participates in E-Verify (English) This Organization Participates in E-Verify (Spanish) Right to Work (English) Right to Work (Spanish) EEO is the Law Pay Transparency Notice Morningstar is strongly committed to creating and preserving equal opportunity for all employees and applicants. We make all employment decisions—including recruitment, hiring, compensation, training, promotion, transfer, discipline, termination, and other personnel matters—without regard to race, color, ancestry, religion, sex, national origin, age, disability, protected veteran status, marital status, sexual orientation, genetic information, citizenship, gender identity and expression, parental status, or other legally protected characteristics or conduct.

Responsibilities

The successful candidate will act as the lead analyst, managing and overseeing the evaluation of credit risk and assigning credit ratings in the ABS and CLO sectors. They will also assist in the surveillance of securitisation transactions and contribute to the development of Morningstar DBRS' methodologies.