North American CMBS Credit Ratings Assistant Vice President - Chicago

• Act as the lead analyst and manage the process of evaluating credit risk while adhering to the relevant rating methodology.
• Determine Morningstar DBRS stabilized cash flows of all major property types (office retail multifamily MHC hotel self-storage) and a variety of loan sizes ($1 million to > $100 million)
• Prepare/update spreadsheets on properties and companies including historical information and financial projections.
• Search and aggregate market data to be used in the credit analysis.
• 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.
• Assist with training junior staff.
• Develop client-communication skills through interacting with issuers investors and intermediaries.
• Adhere to compliance regulatory and company policies and procedures.

• Minimum of two years of experience in a commercial real estate related field.
• 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.
• Genuine interest in commercial real estate and structured finance.
• Ability to travel 10-20% domestically/ North America.
• Possess and maintain a valid driver's license and passport.

• Financial Health
  
  • 100% 401k match up to 6% of salary
  • 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-$2000 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 Leave
  • Adoption Assistance
  • Leadership Coaching & Formal Mentorship Opportunities
  • Annual Flex Stipend - $1000 annually to cover personal education & well-being expenses
  • Tuition Reimbursement
• Social Health
  
  • Charitable Matching Gifts program
  • Dollars for Doers volunteer program
  • Paid volunteering days
  • 15+ Employee Resource & Affinity Groups

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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