Assistant Vice President Securitisation Lawyer
Assistant Vice President Securitisation Lawyer
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Job Description
About the Role
Morningstar DBRS European Structured Finance team is seeking a highly motivated team-oriented lawyer to join as an Assistant Vice President in London.
In this role the successful candidate will focus on legal analysis collaborating closely with rating analysts to assign ratings to European structured credit transactions and fund finance transactions including SME CLOs Private Credit CLOs Credit Fund ABL loans Feeder Fund debt and Subscription Loans.
The ideal candidate will hold a law degree and have experience with structured finance and/or fund finance transactions across multiple European jurisdictions (including the UK Spain Italy Germany and France) gained either at a law firm or as in-house counsel. They will combine strong legal and reputational risk awareness with financial literacy and commercial acumen and be able to communicate complex legal and rating criteria clearly to both internal and external stakeholders.
Candidates should thrive in a collaborative team-focused environment demonstrating a strong work ethic analytical mindset and attention to detail. The successful candidate will also possess excellent interpersonal and presentation skills enabling effective engagement with colleagues at all professional levels as well as external contacts including external counsel.
Job Responsibilities
Reviewing the loan/transaction documents to be executed in the context of structured finance and fund finance debt issuances rated by DBRS on consistency with the DBRSs methodologies
Support and advise analysts and rating committee with regards to legal aspects of the structured finance and fund finance transaction that may affect credit ratings
Communicate DBRSs position on legal matters to issuers and relevant third parties
Engage and manage the document review process of external counsel if appointed
Provide day-to-day legal analysis support and assistance to rating analysts and other members of the structured finance legal team by interpreting and analysing documentation
Summarise legal terms of complex structured finance and fund finance documentation (including among others term-sheets prospectuses cash management agreements) for further consideration and analysis by rating analysts and other members of the structure finance legal team; compile organise and present summarised legal terms in a well written and concise fashion in rating committees
Provide support to analysts and other members of the structured finance legal team in the preparation and review of rating reports and other related documentation
Perform research and analysis on various legal issues (including legal issues dealt with by newly enacted legislation) in connection with the structured finance and fund finance debt issuances rated by DBRS
Monitor legislative and case law developments and advise on changes as appropriate
Support drafting legal criteria and commentariescontribute to the development of rating methodologies from time-to-time as required
Represent DBRS in meetings with market participants and at industry events
Qualifications
University degree in law with strong academic credentials
5 years of experience in European structured finance and/or fund finance at a recognised law firm or in-house
Fluency in English with excellent written and verbal communication skills
Proactive adaptable and effective both independently and in collaboration with others
Ability to prioritise and manage multiple tasks balancing long-term projects and urgent daily work with careful attention to detail and effective time management
Permission to live and work in the United Kingdom; this position may require occasional European travel
Nice to have
Knowledge of rating agency methodologies
Experience and understanding of multiple jurisdictions legal frameworks
Fluency in another European language/s
Knowledge of analytical programming languages (VBA Python etc.)
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.
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 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.
Morningstars hybrid work environment gives you the opportunity to work remotely and collaborate in-person each week. While some positions are available as fully remote weve found that were at our best when were purposely together on a regular basis typically three days each week. A range of other benefits are also available to enhance flexibility as needs change. No matter where you are youll have tools and resources to engage meaningfully with your global colleagues.
R07DBRSRtgsLtdUK DBRS Ratings Limited - UK Legal EntityRequired Experience:
Exec
Employment Type
Full-Time
