Senior Vice President, Credit Ratings - CMBS/Real Estate

Summary Morningstar DBRS is seeking an accomplished senior credit professional with deep commercial real estate and structured finance expertise to join its Commercial Mortgage-Backed Securities (CMBS) team as a Senior Vice President. This role is intended for individuals with significant, hands‑on credit experience gained at a rating agency, lending institution, or other credit‑focused platform, who are capable of exercising independent judgment on complex transactions. The Senior Vice President will serve as a senior transaction lead and people manager, with primary responsibility for the analytical rigor, credit quality, and execution of CMBS ratings. This position plays a critical role in upholding DBRS Morningstar’s analytical standards, mentoring junior professionals, and engaging with senior market participants. Key Responsibilities Provide senior leadership and oversight for the analysis and rating of CMBS transactions, including SASB, Conduit, CRE‑CLO, and Agency executions. Serve as the primary lead analyst and senior credit decision‑maker on complex and high‑profile transactions, exercising independent judgment consistent with DBRS Morningstar methodologies. Manage, mentor, and develop a team of analysts, establishing analytical standards and ensuring consistent application of rating criteria. Act as the primary client‑facing representative, engaging with issuers, lenders, investors, and intermediaries. Evaluate credit risk through detailed property‑level, loan‑level, and structural analysis, including cash flow modeling and downside stress testing. Determine stabilized and transitional net cash flows across all major commercial property types and loan sizes, from small‑balance to large institutional exposures. Assess transitional business plans, sponsor quality, capital structures, reserve mechanisms, and execution risks. Prepare and present comprehensive credit recommendations to senior credit committees. Oversee the drafting and quality control of presale reports, final rating reports, and analytical publications. Ensure adherence to internal policies, regulatory requirements, and publishing standards. Qualifications & Experience Minimum of 15 years of progressive commercial real‑estate credit experience, with substantial exposure at a rating agency, lending institution, private credit platform, or comparable credit‑focused organization. Demonstrated depth of experience in CMBS, structured credit, or securitized real‑estate products. Strong understanding of commercial real‑estate valuation, cash flow analysis, and credit risk drivers across market cycles. Proven ability to exercise independent credit judgment and defend recommendations before senior committees. Established experience managing and mentoring analytical teams in a performance‑driven environment. Exceptional written and verbal communication skills with the ability to synthesize complex analyses for senior audiences. Advanced proficiency in Excel and financial modeling; comfort working with large datasets. Bachelor’s degree in finance, real‑estate, accounting, or a related discipline required; advanced degrees preferred. Additional Requirements Ability to travel domestically within North America approximately 10–20% of the time. Valid driver’s license and passport; ability to complete international travel as required. Compensation and Benefits Financial Health – 100% 401k match up to 6% of salary; 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. 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 – $1,000 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+). Total cash compensation range $187,450.00–293,883.33 inclusive of annual base salary and target incentive. 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. #J-18808-Ljbffr