New

AVP, Credit Ratings, Structured Finance Analytics

Morningstar, Inc.
United States, Illinois, Chicago
22 West Washington Street (Show on map)
Oct 02, 2024
The Team: Morningstar DBRS is a global credit ratings business with about 800 employees in eight offices globally. Formed through the acquisition of DBRS by Morningstar, Inc., the credit ratings business is the fourth largest provider of credit ratings in the world. Morningstar DBRS is committed to empowering investor success, serving the market through leading-edge technology, and raising the bar for the industry. Morningstar DBRS is a market leader in Canada, the U.S. and Europe in multiple asset classes. Morningstar DBRS rates more than 4,000 issuers and 56,000 securities worldwide, and is driven to bring more clarity, diversity, and responsiveness to the ratings process. About the Role: Morningstar DBRS Structured Finance Analytics supports Global Structured Finance (GSF). Its Data Analytics team is responsible for supporting the delivery of analytical content to GSF rating teams operating in North America and Europe. To further support strategic pan-GSF initiatives, the Data Analytics team are looking for an Assistant Vice President, experienced in managing and delivering complex data projects, to support the team's goals of enhancing analytical competencies, promoting common efficient data processes and strengthening GSF's alignment with Credit Operations. These initiatives primarily involve assessing and exploring existing data sources within Morningstar DBRS's Credit Data Lake, supporting their integration to a Morningstar DBRS data warehouse (Credit Data Hub), developing a common or tailored presentation layer using Tableau and formulating a post-implementation support framework for applicable business processes. This role requires a balance of credit ratings experience, project management experience, supervisory skills, effective stakeholder engagement, written and verbal skills, a focus on quality assurance alongside a forward-thinking technical mindset. This role will provide exposure to multiple structured finance asset classes across GSF as well as opportunities to work with Credit Operations and Credit Technology to design, prioritize and manage approved workstreams. Responsibilities GSF delivery and implementation of strategic data analytics initiatives as described above. Supervision of members of the Data Analytics team. Act as a business partner between the Data Analytics team and Credit Operations. Act as a business partner between the Data Analytics team and GSF rating teams. Manage the development of data analytics governance (e.g., analytical process flows, change management, data analytics documentation, data dictionaries). Support other SFA teams with associated data pipelines and data governance, as required. Ensure compliance with all applicable policies and procedures. Requirements Operational credit ratings experience, ideally across multiple asset classes. Software development experience with exposure to Athena, Tableau, SQL; knowledge of Python. Demonstrable change management and project management experience. Supervisory experience considered positively. An in depth understanding of structured finance data sets as well as economic and financial data, ideally in various structured finance market segments. A good listener, able to translate stakeholder requirements to precise, clear technical specifications. Demonstrable experience integrating large, structured data sets into existing business processes. Excellent written and oral communication skills. A passion for high quality analysis and interest in creating standardized, efficient processes. Good inter-personal skills with the ability to lead a group of analysts on strategic deliverables. Creative thinker who is adept at taking an analytical approach to problem solving. Highly motivated, self-starter with a positive attitude to process change and improvements. About Us Morningstar DBRS is a leading provider of independent rating services and opinions for corporate and sovereign entities, financial institutions, and project and structuredfinance instruments globally.Rating more than 4,000 issuers and 60,000 securities, it is one of the top four credit rating agencies in the world. Morningstar DBRS empowers investor success by bringing more transparency anda 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 received 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 immediately. In 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. Morningstar's hybrid work environment gives you the opportunity to work remotely and collaborate in-person each week. While some positions are available as fully remote, we've found that we're at our best when we're 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, you'll have tools and resources to engage meaningfully with your global colleagues.