Structured Finance Cash Flow Analytics, Senior Analyst – New York
Chicago, IL - USA
Job Summary
Structured Finance Cash Flow Analytics Senior Analyst New York
Morningstar DBRS is seeking a highly motivated individual to join its Cash Flow Analytics group as a Senior Analyst in New York Stamford or Chicago. The Cash Flow Analytics team is a global team supporting Structured Finance. The team provides transaction-level cash flow support to the US ABS US RMBS US CMBS US SC European RMBS European ABS and European NPL teams. Cash Flow Analytics sits within the Structured Finance Analytics team and directly supports ratings activity. This role will have a US focus primarily covering Asset-Backed Securities (ABS). The candidate will work closely with the ratings teams to create run and analyze cash flows for a variety of securitizations. The candidate will be expected to become an expert on securitization structures legal document review and be able to present findings to senior staff.
Job Responsibilities:
- Develop and maintain cash flow models in Intex Dealmaker Python and other proprietary platforms.
- Ability to interpret and analyze transaction legal documents with a focus on waterfall and structural nuances necessary for building and running cash flows.
- Assist with analysis to evaluate credit profile of securities.
- Communicate analysis to senior staff and colleagues in Ratings Analyst teams occasionally attending rating committees to present your findings.
Qualifications:
- Completion of a Bachelors degree in Finance Engineering Mathematics or a related field.
- 2-3 years of experience working in Structured Finance preferably with direct cash flow modeling experience.
- Self-starter and team player with demonstrated ability to work in a fast-paced environment.
- Strong quantitative and analytical abilities with a high attention to detail.
- Excellent written/verbal communication and interpersonal skills.
- Completion of a Masters degree in Finance Engineering Mathematics or a related field is a plus.
- Completion of at least level 1 of the Chartered Financial Analyst (CFA) exam is a plus.
- Familiarity in using fixed income analytical software such as Intex (Dealmaker Calc Wrapper) is a plus.
- Knowledge of advanced Excel/VBA functionality is a plus.
- Knowledge of Python is a plus.
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. Thats 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 plansand coverages
Additional medical Wellness Incentives - up to $300-$600 annual
Company-provided long- and short-termdisabilityinsurance
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 & FormalMentorshipOpportunities
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
$90000.00-$112406.00Incentive Target Percentage
15% AnnualIf 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 collaborate in-person each week as weve found that were at our best when were purposely together on a regular 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 youll have tools and resources to engage meaningfully with your global colleagues.
R06DBRSInc DBRS Inc. - US Legal EntityRequired Experience:
Senior IC
About Company
Morningstar is an investment research company offering mutual fund, ETF, and stock analysis, ratings, and data, and portfolio tools. Discover actionable insights today.