Assistant Vice President, Credit Ratings, US RMBS

The Morningstar DBRS U.S. RMBS team seeks an Assistant Vice President to support the analysis and assignment of credit ratings for U.S. residential mortgage‑backed securities (RMBS). This role offers the opportunity to deepen structured finance expertise, work closely with senior analysts, and interact with external market participants in a collaborative and analytical environment. The ideal candidate brings strong quantitative skills, excellent attention to detail, and experience working with structured finance or mortgage‑related products. This position is based in New York. Key Responsibilities Core Analytical Work Conduct RMBS transaction analysis, including assessment of collateral characteristics, deal structures, credit enhancement levels, and legal frameworks. Identify and focus on key credit issues during the new‑issue rating process. Review and evaluate banker cash‑flow model outputs, providing feedback on structural assumptions. Committee & Internal Collaboration Serve as a co‑lead or back‑up analyst on selected transactions. Present analytical findings to rating committees with clarity and confidence. Collaborate with senior analysts to ensure accurate and consistent application of criteria. Modeling & Methodology Contribute to the enhancement of structured finance criteria, models, and analytical tools. Perform sensitivities, transaction comparisons, and stress‑testing tasks under the guidance of senior team members. Research & Publications Produce and publish market updates, newsletters, or concise commentary with minimal supervision. External Engagement Participate in meetings with bankers, issuers, investors, and other market participants to discuss transaction details and analytical considerations. Represent the team professionally in all client‑facing interactions. Qualifications Bachelor’s degree in finance, economics, math, engineering, computer science, or a related field. 5‑7 years of experience in structured finance, securitization, banking, mortgage finance, or a relevant analytical role. Strong analytical and quantitative abilities, with excellent attention to detail. Proficiency in Microsoft Excel and standard Office applications. Organized, deadline‑driven, and comfortable managing multiple priorities. Strong communication and presentation skills, with the ability to convey complex concepts clearly. Compensation and Benefits Base Salary Compensation Range: $97,854.00-137,910.00 Incentive Target Percentage: 20% Benefits include the following: Financial Health: 100% 401k match up to 6% of salary; company‑provided life insurance (1x salary + commission); comprehensive medical/dental/vision benefits; optional HSA contributions up to $2,000 annually; wellness incentives up to $600 annually. Physical Health: comprehensive health benefits and potential premium discounts. Emotional Health: Trust‑Based Time Off, 6‑week paid sabbatical, 6‑week paid family caregiving leave, competitive 8‑24 week paid parental leave, adoption assistance. Leadership: coaching & formal mentorship opportunities. Annual Flex Stipend: $1,000 annually for personal education & well‑being expenses; tuition reimbursement. Social Health: charitable matching gifts program; paid volunteering days (15+). Employee Resource & Affinity Groups. 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. Equal Opportunity Employer Morningstar is strongly committed to creating and preserving equal opportunity for all employees and applicants. We make all employment decisions—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. #J-18808-Ljbffr