Sign up to access all features of our service.
  • Job search
  • Favorites
  • Create a CV
    New
  • Salaries
  • Subscriptions

Assistant Vice President, Operational Risk Assessments - Commercial Mortgage Servicing Rankings

$105.05k - $149k

Morningstar DBRS

Assistant Vice President

Morningstar DBRS is looking for a full time Assistant Vice President to join the operational risk assessment team in our commercial real estate ratings and CMBS group.

Responsibilities:
  • Taking primary analytical responsibility for assigned client companies and managing their entire assessment and servicer ranking process.
  • Analyzing servicers' information/data submissions, scheduling and preparing for client meetings, and leading the ranking review meetings as well as handling any follow-up requests and communications.
  • Applying Morningstar DBRS' commercial mortgage servicer ranking methodology and criteria to prepare well-written, comprehensive assessment reports and present the ranking recommendations for committee approval.
  • Work with our editorial team to publish the ranking reports and lead-in press releases.
  • Maintain surveillance on assigned client companies and their rankings through interim data submissions, interactions with Morningstar DBRS' CMBS ratings group, ad hoc communications with the client companies, and other publicly available sources.
Requirements:
  • College or graduate-level degree
  • Five or more years experience in one or more of the following areas: mortgage loan servicing, mortgage loan special servicing, or asset administration/portfolio management
  • CMBS-related servicing or special servicing experience is a plus
  • Strong organizational, writing, and communication/interpersonal skills
  • Ability to lead meetings and interact professionally with senior-level personnel
  • Able to travel frequently; typically for two days at a time
  • Proficiency in Microsoft Office applications (Outlook, Excel, Word)

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.

Compensation and Benefits

At Morningstar we believe people are at their best when they are at their healthiest. That's why we champion your wellness through a wide range of programs that support all stages of your personal and professional life. Here are some examples of the offerings we provide:

  • Financial Health

    • 100% 401k match up to 6% of salary

    • Stock Ownership Potential

    • Company provided life insurance - 1x salary + commission

  • Physical Health

    • Comprehensive health benefits (medical/dental/vision) including potential premium discounts and company-provided HSA contributions (up to $500-$2,000 annually) for specific plans and coverages

    • Additional medical Wellness Incentives - up to $300-$600 annual

    • Company-provided long- and short-term disability insurance

  • Emotional Health

    • Trust-Based Time Off

    • 6-week Paid Sabbatical Program

    • 6-Week Paid Family Caregiving Leave

    • Competitive 8-24 Week Paid Parental Leave

    • Adoption Assistance

    • Leadership Coaching & Formal Mentorship Opportunities

    • Annual Flex Stipend - $1000 annually to cover personal education & well-being expenses

    • Tuition Reimbursement

  • Social Health

    • Charitable Matching Gifts program

    • Dollars for Doers volunteer program

    • Paid volunteering days

    • 15+ Employee Resource & Affinity Groups

Total Cash Compensation Range

$105,050.00-149,000.00

Inclusive of annual base salary and target incentive

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.

Vacancy posted 4 days ago
Similar jobs that could be interesting for youBased on the Assistant Vice President, Operational Risk Assessments - Commercial Mortgage Servicing Rankings in Chicago, IL vacancy
  • $100.37k - $123.98k

     ...Assistant Vice President, Portfolio Management - Sponsor...  ...-focused commercial banking. The...  ...investment merits and risks, industry/...  ...focus on the assessment of growth...  ...banking operations, including deposit...  ...products and services. ~ Entry...  ...as AmeriHome Mortgage, a Western Alliance... 
    Commercial
    Risk
    Mortgage

    Western Alliance Bank

    Chicago, IL
    5 days ago
  •  ...Senior Credit Risk Analyst - Business & Professional Services (Assistant Vice President) Working at Citi is far...  ...Overview Citi's Commercial Lending Management (...  ...and ownership, while operating within Citi's global...  ...analysis, cash‑flow assessment, industry analysis,... 
    Commercial
    Risk

    Citi

    Chicago, IL
    13 hours ago
  •  ...Insurance has an opening for an Assistant Vice President, Underwriting Operations, Workers' Compensation....  ...disciplines for Commercial Lines. This position manages...  ...development, business services, filings, processes and...  ...strategies from the individual risk to portfolio levels... 
    Commercial
    Risk
    Work experience placement
    Remote work
    Work from home
    Flexible hours

    Encova Insurance

    Chicago, IL
    2 days ago
  • $250k - $280k

     ...European financial services group with...  ...recruit a Vice President who will...  ...the highest-ranking position within...  ...for commercial activity throughout...  ...functioning operation, with a...  ...Relocation Assistance: Offered (within...  ...analysis and risk evaluation skills...  ...review and assess candidate... 
    Commercial
    Risk
    Fixed term contract
    Local area
    Overseas
    Relocation package

    Keller Executive Search

    Chicago, IL
    12 days ago
  • $140k - $184.57k

     ...Title: Vice President, Portfolio Management...  ...the credit risks are...  ...identified. You'll assist in attaining...  ...in order to assess their credit...  ...and servicing of loans within...  ...banking operations, including deposit...  .../or other commercial banking...  ...as AmeriHome Mortgage, a Western Alliance... 
    Commercial
    Risk
    Mortgage

    Western Alliance Bank

    Chicago, IL
    9 days ago
  • $182k - $235.85k

     ...Senior Vice President, Startup Banking...  ...As a Commercial Banker III...  ...responsible for assisting clients with...  ...products and services, as well as...  ...assessment and analysis...  ...condition and risk of financing...  ...general banking operations, including...  ...AmeriHome Mortgage, a Western... 
    Commercial
    Risk
    Mortgage

    Western Alliance Bank

    Chicago, IL
    11 days ago
  •  ...is seeking an Assistant Vice President, Environmental Planner...  ...impacts of commercial, industrial, utility...  ...site and impact assessment, restoration,...  ...term ecological risks by applying and...  ...environmental planning services including...  ...USA is the U.S. operating company of WSP,... 
    Commercial
    Risk
    Work at office
    Local area
    Immediate start
    Flexible hours

    WSP

    Chicago, IL
    4 days ago
  •  ...Vice President, High-Risk Can-I-Pay Team The Vice President (VP...  ...requires deep product and operational expertise, as well...  ...Technology teams to assess and resolve payment...  ...business banking, commercial banking, financial...  ...markets, securities services and payments. Corporations... 
    Commercial
    Risk

    Chase

    Chicago, IL
    1 day ago
  • $115k - $135k

     ...Director Department: Operational Risk Management Department...  ...Capital to identify, assess, mitigate, and report on the...  ...essential functions of the Assistant Vice President, Operational Risk Management...  ...experience in financial services risk management, third-party... 
    Risk
    Work at office
    Flexible hours

    Golub Capital

    Chicago, IL
    2 days ago
  •  ...Custody Operations Program Manager Help shape the future...  ..., Technology, Risk and Controls, Compliance...  ...questionnaires, and materiality assessments Track technology...  ...and Securities Services Provide executive‑ready...  ...Team J.P. Morgan's Commercial & Investment Bank is a... 
    Commercial
    Risk
    Work at office

    Chase

    Chicago, IL
    1 day ago
  •  ...transformational Vice President, Professional Services to serve as a...  ...expand Hootsuite's commercial footprint and...  ...automation, AI-assisted delivery,...  ...metrics-first operating culture: define...  ...eliminating early churn risk. Build...  ...screening and assessing applicants and... 
    Commercial
    Risk
    Work at office

    Hootsuite

    Chicago, IL
    4 days ago
  • $160k - $210k

     ...Transaction Advisory Services Houlihan Lokey, Inc...  ...serve. In 2025, LSEG ranked us the No. 1 global M...  ...in addition to assisting MD with strategic pitching...  ...projected financial and operating and commercial trends Quality of...  ...liabilities and risks which impact valuation... 
    Commercial
    Risk
    Work at office
    Worldwide

    Houlihan Lokey

    Chicago, IL
    1 day ago
  •  ...Control Manager – Vice President In Wholesale Lending Services Join our...  ...a proactive risk and control culture...  ...across Commercial & Investment Banking...  ...and enhance operational effectiveness....  ...risk assessments to identify and...  ...not provide any assistance or sign any documentation... 
    Commercial
    Risk
    Visa sponsorship
    Shift work

    Chase

    Chicago, IL
    3 days ago
  • $119.77k - $140.9k

     ...Corporate Audit Services (CAS) welcomes...  ..., and Operations audit team. This...  ...centralized support for commercial lending,...  ...and schedule, assess work performed...  ...Completing or assisting managers in planning...  ..., key risks and critical controls...  ...Products (Mortgage, HELOC, Auto... 
    Commercial
    Risk
    Mortgage
    Temporary work
    Work experience placement
    Work at office
    Local area
    3 days per week

    U.S. Bank

    Chicago, IL
    4 days ago
  • $88.8k - $165.6k

     ...America and the 4th largest commercial lender with aggressive...  ...an exceptional client service environment. Negotiates...  ...with the bank risk appetite and policies. Assesses client repayment capacity...  ...regulatory standards, and operational guidelines. Serves as... 
    Commercial
    Risk
    Contract work
    Part time
    Work experience placement
    Work at office
    Local area

    BMO Financial Group

    Chicago, IL
    2 days ago
  • $187.45k - $293.88k

     ...professional with deep commercial real estate...  ...Commercial Mortgage-Backed...  ...team as a Senior Vice President. This role is...  ...Evaluate credit risk through detailed...  ...exposures. Assess transitional...  ...independent rating services and opinions...  ...~ Adoption Assistance ~ Leadership... 
    Commercial
    Risk
    Mortgage
    Work at office
    Local area
    Immediate start
    Flexible hours

    Morningstar DBRS

    Chicago, IL
    3 days ago
  • $166k - $194k

     ...line of products and services designed to meet the unique...  ...Job Description Assistant Vice President, Inland Marine Claims,...  ...and drives operational excellence across the...  ...Marine policies (Builders Risk, Contractor's Equipment, Commercial Output, Difference in... 
    Commercial
    Risk
    For contractors
    Local area

    Argonaut Management Services, Inc

    Chicago, IL
    2 days ago
  • $110k - $190k

     ...is a global financial services firm that conducts its...  ...UHNW Lending products – Mortgage, Securities Based...  ...in private banking or commercial banking in lending origination...  ...expectations with risk requirements of firm...  ...communities in which we operate, bringing a variety of... 
    Commercial
    Risk
    Mortgage
    Temporary work
    Local area

    Morgan Stanley

    Chicago, IL
    3 days ago
  •  ...a leading manufacturer of commercial motors, industrial motors,...  ...Job Description The Vice President of Operations is a key member of Nidec's...  ...Management Monitor and assess operational performance using...  ...knowledge of EH&S regulations and risk management practices. ~... 
    Commercial
    Risk
    Worldwide
    Shift work

    NIdec Motor

    Chicago, IL
    6 hours ago
  • $10 per hour

     ...client experience and risk management while deepening...  ...suite of products and services; follow up with...  ...credit underwriting with commercial credit training. Uses...  ...banking, credit cards, mortgages, auto financing, investment...  ...solutions – all while ranking first in customer... 
    Commercial
    Risk
    Mortgage
    Work experience placement
    Work at office

    Chase

    Chicago, IL
    6 days ago
  • $193.5k - $406.5k

     ...VP, Customer Support Operations The Commercial Operations team is responsible for translating operational...  ...to the EVP, Global Customer Care & Servicing Operations and operates within a...  ...implement escalation frameworks to mitigate risk and performance gaps Standardize... 
    Commercial
    Risk
    Full time
    Work experience placement
    Work at office
    2 days per week

    TransUnion

    Chicago, IL
    2 days ago
  •  ...Group, specifically for the mortgage segment, you will be responsible for assisting Payments Sales Managers (...  ...with client service, compliance, operations, technology, risk, credit and legal in order...  ...small business banking, commercial banking, financial transaction... 
    Commercial
    Risk
    Mortgage

    Chase

    Chicago, IL
    1 day ago
  •  ...client onboarding and service? Join us to drive innovation...  ...set new standards for operational excellence and client...  ..., and communicate risks and issues to...  ...interaction flows for agent assist, case triage, classification...  ...business banking, commercial banking, financial transaction... 
    Commercial
    Risk

    Chase

    Chicago, IL
    2 days ago
  •  ...Manager Senior, Vice President for Profitability & Risk Join the...  ...and running core operations. As a Product...  ...responsibilities Assess customer needs...  ...financial services firm, helping...  ...credit cards, mortgages, auto financing...  ...– all while ranking first in customer... 
    Risk
    Mortgage

    Chase

    Chicago, IL
    13 hours ago
  •  ...focus on client experience and risk management. Job...  ...of core business products and services with understanding of general...  ...personal banking, credit cards, mortgages, auto financing, investment advice...  ...digital solutions – all while ranking first in customer... 
    Risk
    Mortgage
    Work experience placement

    Chase

    Chicago, IL
    4 days ago
  •  ...Credit Officer (Vice President) Bring your expertise...  .... As part of Risk Management and...  ...on residential mortgage originations, commercial/consumer finance...  ...other financial service industries. You...  ...financial analysis to assess the strength of...  ...) Review and assist in the... 
    Commercial
    Risk
    Mortgage
    Work at office

    Chase

    Chicago, IL
    4 days ago
  • $175.75k - $235k

     ...Client Onboarding and Service Are you ready to...  ...set new standards for operational excellence and client...  ...dependencies, and communicate risks and issues to...  ...interaction flows for agent assist, case triage,...  ...small business banking, commercial banking, financial transaction... 
    Commercial
    Risk

    JPMorgan Chase Bank, N.A.

    Chicago, IL
    1 day ago
  • $102k - $190k

     ...Wealth Sales & Service Specialist Provides...  ...and risk management. Provides...  ...independent analysis and assessment to resolve...  ...the execution of operational programs; assesses...  ...(primarily) and commercial credit and non-credit...  ...Enforcement for Mortgage Licensing Act (the... 
    Commercial
    Risk
    Mortgage
    Part time
    Work at office
    Shift work

    Bmo

    Chicago, IL
    5 days ago
  • $110k - $190k

     ...is a global financial services firm that conducts its...  ...UHNW Lending products Mortgage, Securities Based Lending...  ...in private banking or commercial banking in lending...  ...revenue expectations with risk requirements of firm...  ...in which we operate, bringing a variety of... 
    Commercial
    Risk
    Mortgage
    Temporary work
    Local area

    Morgan Stanley

    Chicago, IL
    3 days ago
  •  ...Assistant Vice President, Credit Officer Asset?Based Finance We...  ...one of the bank's key commercial and lending hubs. This...  ...managers, and risk stakeholders. The role...  ...renewals Assist in assessing transaction structures...  ...multinational financial services organization ~ Bachelor... 
    Commercial
    Risk

    Citi

    Chicago, IL
    7 days ago

Do you want to receive more vacancies?

Subscribe and receive similar vacancies to Assistant Vice President, Operational Risk Assessments - Commercial Mortgage Servicing Rankings. Be the first to apply!