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The Role
The Role:
As the US Regional Compliance Officer (RCO) and Designated Compliance Officer (DCO) of Morningstar DBRS (MDBRS), you will play a pivotal role in establishing and maintaining a robust compliance program for MDBRS credit ratings. You will manage a team and work closely with MDBRS senior management and collaborate across departments to foster a culture of compliance, risk management, and ethical behavior.
Key Responsibilities:
US Compliance Oversight:
Team Leadership:
Regulatory Engagement:
Risk Assessment and Mitigation:
Global Controls:
Investigations and Reporting:
Audits and Examinations:
Ethical Culture Promotion:
Qualifications:
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:
Base Salary Compensation Range
$129,278.00 - 232,704.00 USD Annual
Bonus Target %
35% Annual
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.
R06_DBRSInc DBRS, Inc. - US Legal Entity
As the US Regional Compliance Officer (RCO) and Designated Compliance Officer (DCO) of Morningstar DBRS (MDBRS), you will play a pivotal role in establishing and maintaining a robust compliance program for MDBRS credit ratings. You will manage a team and work closely with MDBRS senior management and collaborate across departments to foster a culture of compliance, risk management, and ethical behavior.
Key Responsibilities:
US Compliance Oversight:
- Develop, implement, and maintain a comprehensive US MDBRS compliance program that encompasses credit ratings in all jurisdictions where the company operates.
- US RCO and DCO for DBRS Inc responsible for developing and managing the day-to-day operation of DBRS Inc Compliance Program.
Team Leadership:
- Lead and manage a team of compliance professionals, fostering a culture of compliance and ethical behavior.
- Provide guidance, coaching, and support to team members, enabling them to perform their duties effectively.
Regulatory Engagement:
- Serve as the primary point of contact for US regulatory authorities and manage relationships with US regulatory agencies.
- Stay informed about evolving regulatory requirements and ensure company policies and procedures align with these changes.
Risk Assessment and Mitigation:
- Conduct regular risk assessments to identify compliance risks specific to credit ratings and develop strategies to mitigate them.
- Implement controls and measures to manage compliance-related risks effectively.
Global Controls:
- Work closely with the GCCO of Global Controls to ensure the Controls team is appropriately supporting the development and update of compliance policies, conflicts procedures, management of efforts to prevent financial crime and fraud, and monitoring and testing programs in accordance with applicable laws and industry best practices.
Investigations and Reporting:
- Oversee and conduct internal investigations into compliance violations, if necessary, and recommend appropriate corrective actions.
Audits and Examinations:
- Coordinate and manage regulatory audits and examinations specific to credit ratings collaborating with regulatory bodies as needed.
Ethical Culture Promotion:
- Promote a strong ethical culture throughout the organization by setting a positive example and encouraging ethical behavior among employees.
Qualifications:
- Bachelor's degree in finance, law, business, or a related field; advanced degree and relevant certifications preferred.
- Extensive experience (+12 years) in compliance roles within the financial services industry, specifically related to credit ratings.
- Extensive experience interacting and engaging with the SEC.
- Strong knowledge of financial Industry in the US.
- Excellent leadership and management skills.
- Exceptional communication and interpersonal skills.
- Ability to collaborate effectively with cross-functional teams.
- Strong analytical and problem-solving abilities.
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 Caregiving Leave
- Competitive 8-24 Week Paid Parental Bonding 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
$129,278.00 - 232,704.00 USD Annual
Bonus Target %
35% Annual
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.
R06_DBRSInc DBRS, Inc. - US Legal Entity
What the Team is Saying
Anna
Team Lead of Software Engineering
Upasna
Software Engineer, Data Collections - AI R&D
Saurabh
Senior Software Engineer
Wendell
Head of Sales, Institutional Equity Research
Raaghavendar
Associate Software Engineer
Jeff
Head of Technology and Product
Brandon
Senior Video and Media Production Manager
Kunal Kapoor
CEO
Elizabeth Collins
Chief Strategy Officer
Marie Trzupek Lynch
Chief People Officer
Rod Diefendorf
President and Chief Operating Officer
Christine
Director of Personal Finance and Retirement Planning
Morningstar Compensation & Benefits Highlights
-
Leave & Time Off Breadth — A recurring paid sabbatical every four years and flexible time off in North America provide substantial time away from work. A global minimum of six weeks’ paid caregiving leave further extends coverage for personal and family needs.
-
Parental & Family Support — Paid parental leave sets a stated global minimum of 16 weeks for primary caregivers and up to eight weeks for secondary caregivers, with adoption assistance reimbursing eligible expenses. These policies are positioned as global standards that complement broader leave programs.
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Equity Value & Accessibility — Employees can convert a portion of bonuses or commissions into RSUs with an additional company match on the converted amount. Impact RSU awards in some cases add further upside tied to strong performance.
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The Company
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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Morningstar Offices
Hybrid Workspace
Employees engage in a combination of remote and on-site work.
Typical time on-site:
3 days a week
