Analyst/ Senior Analyst, Credit Ratings, ABS

Posted Yesterday
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New York, NY
Hybrid
73K-97K Annually
Entry level
Enterprise Web • Fintech • Financial Services
The Role
Analyze and assign ratings for U.S. asset-backed securities transactions, focusing on credit and legal aspects. Prepare rating committee packages, provide analytical feedback, and present findings to stakeholders. Develop structured finance expertise in a collaborative environment.
Summary Generated by Built In

The successful candidate will primarily conduct all the activities required to assign new ratings for U.S. asset-backed securities (ABS) transactions as well as other relevant rating actions. Candidate should be willing to work in an environment with a strong focus on teamwork and have strong work ethics, an analytical and quantitatively oriented mind-set, and attention to detail.
The successful candidate will possess the interpersonal, presentation, and communication skills necessary to work with all levels of professionals, executives, and external contacts. The role offers wide opportunities to develop structured finance experience in a client facing environment.
Job Responsibilities

  • Develop an understanding of credit & legal aspects of structured finance transactions across various asset backed asset classes.
  • Perform transaction analysis including analysis of collateral, deal structure, and legal issues.
  • Preparing the rating committee package and making regular presentations to rating committee voters, and will be responsible for drafting press releases for all ratings actions.
  • Focus on key credit issues during the new issue rating process.
  • Review results of banker cash flow models and provide feedback on structural aspects of transactions.


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
    • 75% 401k match up to 7%
    • 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 Leave & Paternity Leave
    • Adoption Assistance
    • Leadership Coaching & Formal Mentorship Opportunities
    • Annual Education Stipend
    • Tuition Reimbursement


  • Social Health
    • Charitable Matching Gifts program
    • Dollars for Doers volunteer program
    • Paid volunteering days
    • 15+ Employee Resource & Affinity Groups


Base Salary Compensation Range
$73,000.00 - $97,000.00
Bonus Target %
10.2
R06_DBRSInc DBRS, Inc. - US Legal Entity
Morningstar's hybrid work environment gives you the opportunity to work remotely and collaborate in-person each week. While some positions are available as fully remote, we've found that we're at our best when we're purposely together on a regular basis, typically three days 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.

What the Team is Saying

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The Company
HQ: Chicago, IL
12,700 Employees
Hybrid Workplace
Year Founded: 1984

What We Do

At Morningstar, we believe in building great products in-house in a highly collaborative, agile environment where we focus on technical excellence, the user experience, and continuous improvement. Our technologists represent a range of skills and experience levels, but they all view their work as a craft and push technology’s boundaries.

Why Work With Us

Imagining big things is in our blood -- it's transformed us from a company with just a few employees in 1984 to a leading independent investment research company with a worldwide presence today. As of April 2020, we acquired Sustainalytics to drive long-term meaningful outcomes for investors in the ESG space. Join us on this exciting journey!

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