About the Role
The analyst selected will become an expert in surveilling Single Family Rental and Reverse Mortgage securitizations. Upon performing a deep-dive, the analyst will formulate a memo summarizing the transaction and including cogent rationale for each proposed rating. The analyst will then present and defend the findings to the Rating Committee.
Additionally, the selected analyst will instruct other team members and will be responsible for record retention and post-committee processing.
Job Responsibilities
The selected analyst will report to the Head of US RMBS Surveillance and be part of the RMBS Surveillance group. Job Responsibilities include all manner of qualitative and quantitative techniques to get the rating right.
Qualifications
- Completion of a bachelor's degree in finance, math, engineering, or any other related field. 3+ years of experience in analysis of RMBS securitizations including quantitative experience with either Single Family Rentals or Reverse Mortgages.
- Thorough understanding of credit and legal aspects of structured finance in the residential mortgage product area.
- Strong quantitative and analytical skills, with a high attention to detail.
- Excellent written and verbal communication and interpersonal skills.
Nice to have
- Advanced degree
- Programming experience beyond classroom
- Ability to maintain focus for long periods of time
- Ability to appreciate the responsibility of accuracy
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
$95,000.00 - $154,000.00
Bonus Target %
19.7
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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.
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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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