Assistant Vice President, Credit Ratings, US RMBS Surveillance

About the Role

The analyst selected will become an expert in surveilling Single Family Rental and Reverse Mortgage securitizations. Upon performing a deep-dive, the analyst will formulate a memo summarizing the transaction and including cogent rationale for each proposed rating. The analyst will then present and defend the findings to the Rating Committee.

Additionally, the selected analyst will instruct other team members and will be responsible for record retention and post-committee processing.

Job Responsibilities

The selected analyst will report to the Head of US RMBS Surveillance and be part of the RMBS Surveillance group. Job Responsibilities include all manner of qualitative and quantitative techniques to get the rating right.

Qualifications

• Completion of a bachelor's degree in finance, math, engineering, or any other related field. 3+ years of experience in analysis of RMBS securitizations including quantitative experience with either Single Family Rentals or Reverse Mortgages.
• Thorough understanding of credit and legal aspects of structured finance in the residential mortgage product area.
• Strong quantitative and analytical skills, with a high attention to detail.
• Excellent written and verbal communication and interpersonal skills.

Nice to have

• Advanced degree
• Programming experience beyond classroom
• Ability to maintain focus for long periods of time
• Ability to appreciate the responsibility of accuracy

Bonus Target %

Morningstar's hybrid work environment gives you the opportunity to work remotely and collaborate in-person each week. While some positions are available as fully remote, we've found that we're at our best when we're purposely together on a regular basis, typically three days 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.