The Team
: Morningstar DBRS' structured credit ratings and research subsidiary is a Nationally Recognized Statistical Ratings Organization (NRSRO) that has earned a reputation for innovation and excellence in the structured finance market. This group aims to increase market transparency and provides the highest quality ratings through securities research, monitoring services, data, and technology solutions.
The Role
: As a Commercial Mortgage Backed Securities (CMBS) Analyst, you will conduct thorough quantitative and qualitative analysis on the underlying loans and properties that collateralize Commercial Mortgage Backed Securities transactions. In addition, you will assist other analysts with setting up Net Cash flow models; underwriting loans; assist with special projects/initiatives, as needed.
Responsibilities
:
- Study the credit risk in Structured Finance securities by performing tasks that includes reviewing deal documents, investigating periodic data and setting up net cashflow templates.
- Collect,
organize and study data from internal and external sources for use in criteria development, ratings and research reports.
- Compile and prepare periodic portfolio reports for use by senior staff and identify material changes for research causes.
- Maintain regular and open communication with the operations team and technology team about assigned tasks, priorities and ensure applications under development meet the defined requirements and pass the user acceptance testing prior to its release.
- Take ownership of the tasks with focus on quality and accuracy of the deliverables
- Demonstrate solid learning curve and eagerness to move up the rating value chain
Requirements
- 1-3 years of experience in Structured Finance, experience at a rating agency is a plus.
- A bachelor’s degree required, Masters, CFA or FRM preferred.
- Expertise on Microsoft Excel, Visual Basic for Applications (VBA) and MSSQL.
- Excellent writing, communication and quantitative/analytical