Mediabistro logo
job logo

Senior Vice President - Commercial, Esoteric and New Assets

Morningstar Credit Ratings, LLC, New York, NY, USA

Pay: $149,357-$279,571/yr

Job type: Full Time


About the Role

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.
Compensation and Benefits

Base Salary Compensation Range: $149,357.00 - $279,571.00 USD
Annual Incentive Target Percentage: 40% annual
100% 401(k) match up to 6% of salary
Stock Ownership Potential
Company-provided life insurance: 1x salary + commission
Comprehensive health benefits (medical/dental/vision) including potential premium discounts and company-provided HSA contributions (up to $500-$2,000 annually)
Additional medical Wellness Incentives up to $300-$600 annually
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: $1,000 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
Equal Employment Opportunity Statement

Morningstar is strongly committed to creating and preserving equal opportunity for all employees and applicants. We make all employment decisions—including recruitment, hiring, compensation, training, promotion, transfer, discipline, termination, and other personnel matters—without regard to race, color, ancestry, religion, sex, national origin, age, disability, protected veteran status, marital status, sexual orientation, genetic information, citizenship, gender identity and expression, parental status, or other legally protected characteristics or conduct.

#J-18808-Ljbffr