Morningstar US | Vice President, Fund Finance Ratings – Surveillance

Job responsibilities

• Morningstar DBRS is seeking a Vice President to join the Fund Finance Ratings team, which is part of the U.S.
• This credit analyst will serve as a lead analyst supporting a growing portfolio of investment fund debt credit ratings.
• If any conflicts of interest are identified, then you will be required to liquidate those holdings immediately.
• 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.
• Prepare and present detailed analysis, recommendations and committee materials to credit rating committees.
• Conduct portfolio analysis using Morningstar DBRS-developed predictive models and credit rating methodologies.
• Draft credit rating letters, press releases and other relevant disclosures.
• Prepare for and lead management meetings and maintain issuer and client relationships.
• Participate in meetings and calls with market participants and issuers.
• Assess legal, regulatory, counterparty and other risks related to Fund Finance and U.S. Structured Credit ratings.
• Collaborate with other Morningstar DBRS credit teams to support credit rating surveillance, analysis, administration and research.
• Serve as lead analyst responsible for monitoring transaction performance and surveilling existing credit ratings, including but not limited to feeder fund debt, secured facilities, unsecured debt, subscription loan facilities and collateralized fund obligations.
• Train and mentor junior analysts.
• Adhere to compliance, regulatory and company policies and procedures.
• Rating more than 4,000 issuers and 60,000 securities, it is one of the top four credit rating agencies in the world.

Requirements

• Undergraduate degree in finance, accounting, business, economics or a related discipline required.
• Credit ratings experience covering funds, BDCs, CLOs or related asset classes.
• Fund finance, private credit, investment banking or legal experience focused on funds-related transactions.
• Credit risk management experience covering credit funds, private credit or related strategies; or.
• Other relevant experience as a market participant within fund finance, private credit or structured credit.
• Strong knowledge of and experience with credit funds, BDCs, CLOs, private credit and/or private equity.
• Demonstrated ability to independently analyze credit risk, exercise sound credit judgment and develop well-supported recommendations.
• Proficiency in Microsoft Office, including advanced Excel skills such as building complex formulas or models, pivot tables and charts.
• Strong research and analytical skills with excellent attention to detail.
• Strong written and verbal communication skills, including the ability to prepare and present clear, concise and well-supported committee materials, reports and credit recommendations.
• Ability and willingness to proactively learn and apply new analytical approaches and methodologies.
• Self-starter with the ability to prioritize competing demands, work independently and complete high-quality work with a sense of urgency.
• Ability to work effectively in a fast-paced environment and manage multiple priorities and deadlines.
• Strong interpersonal and collaboration skills, with the ability to work effectively across teams and mentor junior analysts.
• Rating agency experience, including familiarity with credit rating methodologies, committee processes and the broader ratings framework.
• Knowledge of analytical programming languages or tools, such as VBA or Python.

Morningstar US

Morningstar US is an employer hiring in India (sector: BFSI / Investments / Insurance).

Its finance, accounts, audit and tax openings in India are mostly in Chicago and New York.

• Industry: BFSI / Investments / Insurance