Morningstar DBRS

Assistant Vice President, Credit Ratings - North American CMBS

CHICAGO, ILPosted 20 days ago

Job summary

  • Job post source

    This job is directly from Morningstar DBRS

  • Job overview

    The Assistant Vice President, Credit Ratings - North American CMBS at Morningstar DBRS leads credit risk evaluation for commercial mortgage-backed securities, impacting the accuracy and reliability of credit ratings for real estate finance.

  • Responsibilities and impact

    The role involves leading credit risk assessments, managing rating processes, preparing financial analyses and reports, mentoring junior staff, client communication, and ensuring compliance with regulatory standards.

  • Compensation and benefits

    The position offers a base salary range of $85,000 to $138,000 with total cash compensation between $102,000 and $166,000, plus comprehensive health benefits, 401k match, paid leave programs, tuition reimbursement, and various wellness and social health initiatives.

  • Experience and skills

    Candidates need 4-5 years of commercial real estate experience, strong analytical and communication skills, knowledge of financial statements, and a relevant undergraduate degree is preferred; ability to travel 10-20% is required.

  • Career development

    Opportunities include leadership coaching, formal mentorship, education stipends, tuition reimbursement, and potential for growth within a leading credit rating agency.

  • Work environment and culture

    Morningstar DBRS promotes a hybrid work environment balancing remote and in-person collaboration, emphasizing wellness, diversity, and employee resource groups.

  • Company information

    Morningstar DBRS is a top global credit rating agency providing independent ratings for corporate, sovereign, and structured finance entities, known for transparency and a tech-forward approach.

  • Team overview

    The candidate will join the Commercial Mortgage Backed Securities team, working closely with lead analysts and junior staff in a collaborative environment.

  • Job location and travel

    The role supports a hybrid work model with some remote work and in-person collaboration, requiring domestic travel within North America.

  • Unique job features

    The job offers unique exposure to diverse real estate asset classes, leadership in rating committees, and a role in shaping credit rating reports and regulatory disclosures.

Company overview

Morningstar DBRS is a global credit rating agency and a subsidiary of Morningstar, Inc., specializing in providing independent credit ratings, research, and risk analysis for financial institutions, corporations, and structured finance products. The company generates revenue through its credit rating services, subscription-based financial research, and analytics solutions offered to investors and issuers. Founded in 1976 as Dominion Bond Rating Service in Canada, it was acquired by Morningstar in 2015, enhancing its global reach and integrating its expertise with Morningstar's investment research capabilities. Known for its transparency and investor-focused approach, DBRS plays a crucial role in helping stakeholders assess creditworthiness and make informed financial decisions.

How to land this job

  • Position your resume to highlight your experience in commercial real estate finance, credit risk evaluation, and leadership in managing credit rating processes, emphasizing familiarity with CMBS and property types like office, retail, multifamily, and hotel.

  • Focus on showcasing your analytical skills, proficiency with financial statements, and ability to synthesize market data and third-party reports into actionable credit insights, as well as your communication skills in preparing detailed rating reports and client interactions.

  • Apply through multiple channels including the Morningstar DBRS corporate career site, LinkedIn job postings, and reputable job boards to maximize your application visibility and opportunities.

  • Connect on LinkedIn with current Morningstar DBRS professionals in the CMBS or credit ratings division; use ice breakers such as commenting on recent company news, asking about their experience with CMBS transactions, or expressing enthusiasm for their tech-forward rating approach.

  • Optimize your resume for ATS by incorporating keywords from the job description like 'credit risk evaluation,' 'CMBS,' 'financial projections,' 'rating committee,' and 'real estate asset classes' to ensure it passes automated screenings effectively.

  • Utilize Jennie Johnson's Power Apply feature to automate tailored resume optimization, multi-channel applications, and LinkedIn networking, saving you time and increasing your chances of landing the Assistant Vice President role at Morningstar DBRS.

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