Job Description
Morningstar DBRS is seeking a seasoned and analytical leader to join our Asset-Backed Securities (ABS) Ratings team as a Senior Vice President focused on Commercial Esoteric and New Assets. This is a key role within a growing practice that evaluates highly structured and often complex securitization transactions backed by multiple asset classes such as data center infrastructure equipment leases small business lending communications infrastructure and aviation.
You will oversee the end-to-end credit rating process from originator due diligence to transaction modeling and committee presentations while managing client relationships and mentoring junior analysts. This role is ideal for someone who combines deep credit acumen with strategic thinking a collaborative mindset and a passion for driving high-quality analytical work.
Key Responsibilities:
- Lead the credit rating process for new ABS transactions involving commercial esoteric and new asset classes.
- Conduct detailed transaction analysis including originator and servicer evaluation loan pool and performance data review structural modeling and legal documentation analysis.
- Collaborate closely with internal teams (cash flow modeling legal research) to ensure alignment on assumptions and analytical output.
- Present transactions at internal rating committees and guide the development of public-facing reports credit memoranda and rating rationales.
- Act as a primary point of contact with issuers arrangers investors and other transaction stakeholders throughout the rating process.
- Manage mentor and train junior members of the ABS team fostering analytical rigor and professional growth.
- Monitor and surveil outstanding transactions; recommend rating actions as necessary based on asset performance and structural changes.
- Contribute to methodology development research publications and market commentary that advance the thought leadership of Morningstar DBRS.
- Represent the firm at client meetings investor discussions and key industry conferences and events.
Qualifications:
- Bachelor's degree required; advanced degree (MBA MS or related) preferred.
- 12+ years of experience in structured finance credit ratings or securitization with strong knowledge of commercial/esoteric ABS.
- Proven track record of leading ratings or analytical engagements across complex securitization structures.
- Strong knowledge of credit risk cash flow modeling and deal documentation.
- Familiarity with Excel and modeling platforms such as Intex T-REX VBA and Bloomberg.
- Excellent verbal and written communication skills with ability to convey complex concepts to both technical and non-technical audiences.
- Demonstrated ability to manage multiple projects in a fast-paced environment while maintaining attention to detail and analytical integrity.
- Strong interpersonal skills and a collaborative team-first approach to problem-solving.
About Us
Morningstar DBRS is a leading provider of independent rating services and opinions for corporate and sovereign entities financial institutions and project and structured finance instruments globally. Rating more than 4000 issuers and 60000 securities it is one of the top four credit rating agencies in the world.
Morningstar DBRS empowers investor success by bringing more transparency and a much-needed diversity of opinion in the credit rating industry. Our approach and size allow us to be nimble enough to respond to customers' needs in their local markets but large enough to provide the necessary expertise and resources they require. Market innovators choose to work with us because of our agility tech-forward approach and exceptional customer service.
Morningstar DBRS is the next generation of credit ratings.
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
- 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
Base Salary Compensation Range
$149357.00 - 279571.00 USD Annual
Incentive Target Percentage
40% Annual
If you receive and accept an offer from us we require that personal and any related investments be disclosed confidentiality to our Compliance team (days vary by region). These investments will be reviewed to ensure they meet Code of Ethics requirements. If any conflicts of interest are identified then you will be required to liquidate those holdings immediately. In addition dependent on your department and location of work certain employee accounts must be held with an approved broker (for example all U.S. employee accounts). 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.
Morningstar's hybrid work environment gives you the opportunity to collaborate in-person each week as we've found that we're at our best when we're purposely together on a regular basis. In most of our locations our hybrid work model is four days in-office 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
Skills Required
- Bachelor's degree required; advanced degree (MBA MS or related) preferred
- 12+ years of experience in structured finance credit ratings or securitization
- Proven track record of leading ratings or analytical engagements across complex securitization structures
- Strong knowledge of credit risk cash flow modeling and deal documentation
- Excellent verbal and written communication skills
- Strong interpersonal skills and a collaborative approach
What the Team is Saying






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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Date Posted
05/28/2026
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