Job summary
Job post source
This job is directly from Morningstar
Job overview
The Senior Vice President Operational Risk Group at Morningstar will lead operational risk reviews for various financial products, impacting the quality assessment of origination and servicing capabilities.
Responsibilities and impact
Daily responsibilities include planning and conducting operational risk reviews, evaluating companies' strengths and weaknesses, and presenting findings to the rating committee, along with attending investor meetings and publishing reports.
Compensation and benefits
The base salary ranges from $145,000 to $272,000, with a bonus target of 39.8%, and comprehensive health benefits including 401k matching, life insurance, and various wellness programs.
Experience and skills
Candidates must have a completed college or master's degree, strong organizational and communication skills, and proficiency in Microsoft Office, with the ability to interact professionally with senior staff and travel frequently.
Career development
Morningstar offers leadership coaching, formal mentorship opportunities, and an annual education stipend to support professional growth.
Work environment and culture
The company promotes a hybrid work environment, emphasizing collaboration and wellness through various programs that support personal and professional life stages.
Company information
Morningstar DBRS is a leading provider of independent credit rating services, rating over 4,000 issuers and 60,000 securities globally, and is a top credit rating agency in multiple regions.
Team overview
The candidate will join the Structured Finance Group in New York, collaborating with a team focused on operational risk assessments and credit ratings.
Job location and travel
The position is based in the New York office and involves frequent travel, typically for two days at a time.
Unique job features
The role includes unique opportunities such as conducting onsite reviews, publishing topical reports, and participating in investor meetings.
Company overview
Morningstar is a leading global financial services firm specializing in investment research and management. They generate revenue through a diverse range of products and services, including investment data, research reports, software platforms, and advisory services for individual investors, financial advisors, and institutional clients. Founded in 1984 by Joe Mansueto, Morningstar has grown significantly, becoming renowned for its comprehensive mutual fund analysis and star rating system. The company is headquartered in Chicago, Illinois, and operates in over 27 countries, emphasizing transparency and independence in its financial assessments.
How to land this job
Tailor your resume to highlight your extensive experience in operational risk management, credit rating analysis, and your ability to conduct comprehensive reviews of financial products like RMBS and ABS.
Emphasize your strong organizational, writing, and communication skills, as these are crucial for presenting findings and contributing to reports.
Apply through multiple channels including Morningstar's corporate site and LinkedIn to maximize your chances of being noticed for the role.
Connect with professionals in the Operational Risk team at Morningstar on LinkedIn to gain insights about the position and the team dynamics.
Consider ice breakers such as asking about their experiences working on structured finance projects or expressing interest in their methodologies and recent reports.
Optimize your resume for ATS systems by incorporating keywords from the job description, such as 'operational risk reviews', 'credit rating services', and 'structured finance'.
Utilize Jennie Johnson's Power Apply feature to streamline your application process, ensuring your resume is tailored, and to identify networking opportunities that can enhance your job search.
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