Morningstar DBRS · 18 hours ago
Assistant Vice President, Credit Ratings, US Structured Credit, Funds - New Issue
New York, NY
Full-time
Hybrid
Mid, Senior Level
$95K/yr - $154K/yr
5+ years expMorningstar DBRS is a leading provider of independent rating services and opinions for corporate and sovereign entities. They are seeking an Assistant Vice President to support the Funds new issue credit ratings team, responsible for assigning new credit ratings and managing the ratings process for various fund financing transactions.
Financial Services
Responsibilities
Act as the lead analyst responsible for assigning new credit ratings on various fund financing transactions, including but not limited to, feeder fund debt, main fund secured facilities and unsecured debt, subscription loan facilities, and collateralized fund obligations
Manage the new issue ratings process, while adhering to the relevant rating methodology
Prepare and present detailed discussion and committee materials to credit ratings committees
Author pre-sale and new issue credit rating reports, among other relevant disclosures
Conduct analysis on the fund manager’s capabilities and track record, the fund investment portfolio, transaction capital structure, and legal documents
Participate in onsite manager due diligence meetings and calls with market participants and issuers
Actively use and help maintain predictive models, analytical tools, and spreadsheets
Assess legal, regulatory, counterparty and other risks related to Funds and US SC credit ratings
Train and mentor junior analysts
Collaborate with other Morningstar DBRS credit teams to support credit rating surveillance, analysis, administration and research
Adhere to compliance, regulatory and company policies and procedures
Qualification
Required
Undergraduate degree in finance, accounting, business, economics or related discipline is required
5-7 years' relevant experience, which could include: Funds, BDC or CLO credit ratings-related work, Investment banking or legal counsel focusing on funds-related work, Credit risk management function focusing on credit funds, or Other relevant experience as a market participant
Strong interest in credit funds, BDCs, CLOs, private credit and/or private equity encouraged
Proficiency in Microsoft Office suite, with advanced skills in Excel, such as building complex formulas or models, pivot tables and graphs
Solid research and analytical skills, with acute attention to detail
Strong verbal and written communication skills to prepare clear and concise committee materials and reports in proper and professional etiquette
Willingness and ability to learn new analytical approaches proactively
Self-starter with ability to prioritize and complete critical work quickly, independently and with a sense of urgency
Ability to work in a fast-paced environment, multi-tasking to meet multiple deadlines
Must be a team player with strong interpersonal skills with the ability to motivate team members to produce timely and accurate work product
Preferred
Rating agency experience for a smoother transition into the nuances and rigors of the rating processes and understanding credit rating methodologies
Knowledge of analytical programming language (VBA, Python, etc.) is a plus
Benefits
75% 401k match up to 7%
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) for specific plans and coverages
Additional medical Wellness Incentives - up to $300-$600 annual
Company-provided long- and short-term disability insurance
Trust-Based Time Off
6-week Paid Sabbatical Program
6-Week Paid Family Caregiving Leave
Competitive 8-24 Week Paid Parental Bonding Leave
Adoption Assistance
Leadership Coaching & Formal Mentorship Opportunities
Annual Education Stipend
Tuition Reimbursement
Charitable Matching Gifts program
Dollars for Doers volunteer program
Paid volunteering days
15+ Employee Resource & Affinity Groups
Company
Morningstar DBRS
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.
501-1000 employees
H1B Sponsorship
Morningstar DBRS has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (9)
2024 (2)
Funding
Current Stage
Late StageLeadership Team
William Schager
Chief Financial Officer
Recent News
2025-10-03
2025-09-25
2025-09-24
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