Morningstar US | North American CMBS Credit Ratings, Assistant Vice President – Chicago

Job responsibilities

• Morningstar DBRS is seeking a highly motivated individual, with an interest in real estate finance and credit analysis, to join its Commercial Mortgage-Backed Securities (CMBS) team as an Assistant Vice President in Chicago.
• The successful candidate will mainly serve as a support/ lead analyst for Morningstar DBRS rated transactions or entities.
• The successful candidate will be expected to gradually develop a solid understanding of the US and Canadian real estate sectors and to acquire a broad understanding of the appropriate Morningstar DBRS rating methodologies and criteria.
• 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.
• Act as the lead analyst and manage the process of evaluating credit risk, while adhering to the relevant rating methodology.
• Prepare/update spreadsheets on properties and companies including historical information and financial projections.
• Track key economic and industry indicators and various asset class metrics.
• Review third-party reports including appraisals, property condition reports, environmental reports, and other industry specific reports.
• Contribute text and analysis for rating reports, press release, commentaries, presentations and industry reports under supervision of lead analysts.
• Assist with the preparation of rating committee materials and participate in Rating Committee meetings with guidance from the lead analysts.
• Assist with the publishing workflow, including regulatory disclosures.
• Develop a solid understanding of real estate asset classes covered.
• Develop client-communication skills through interacting with issuers, investors, and intermediaries.
• Assist with training junior staff.
• 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.

Qualifications

• Undergraduate degree in accounting, business, finance or other relevant discipline is preferred.
• Strong analytical abilities and knowledge of financial statements.
• Solid research and analytical skills, with acute attention to detail.
• Strong communication skills, both oral and written.
• Self-starter and strong team player, with the ability to meet deadlines while producing high quality work.
• Ability to travel 10-20% domestically/ North America.

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