Morningstar

Morningstar DBRS is seeking a highly motivated individual to join its Asia Pacific (APAC) Credit Rating Team based in Sydney as a lead analyst for Morningstar DBRS rated transactions. The analyst will conduct all the activities required to assign and maintain credit ratings for structured finance transactions in APAC, including securitizations, project finance debt and other financing transactions.

At a high level, the successful candidate will possess and be able to demonstrate:

• Strong interpersonal, presentation and communication skills necessary to work with all levels of colleagues and external stake holders;
• A solid understanding of structured finance markets, particularly for Australia; and
• Understanding of how credit rating agencies function within the public and private credit markets.

The selected candidate will work in an environment with a strong focus on teamwork and should have a strong work ethic, an analytical and quantitatively oriented mindset, and attention to detail. The position offers wide opportunities to develop APAC structured finance experience in a client-facing environment.

Morningstar DBRS is licensed by the Australian Securities and Investments Commission to provide wholesale credit ratings in Australia. It is also registered with the U.S. Securities and Exchange Commission as a nationally recognized statistical rating organization (NRSRO) and as a Credit Rating Agency in the EU and UK. Morningstar DBRS has earned a reputation for innovation and excellence in the securitization and structured finance market and aims to increase market transparency by providing the highest-quality ratings, securities research, monitoring services, operational risk assessments, data, and technology solutions.

Key Responsibilities:

• Acting as the lead or rating analyst evaluating credit risk for assigning Morningstar DBRS credit ratings to structured finance transactions, while adhering to the relevant credit rating methodologies and procedures.
• Acting as lead and/or rating analyst for the surveillance of outstanding APAC structured finance credit ratings.
• Drafting internal rating committee memos plus external rating reports, press releases and research.
• Reviewing transaction legal documentation, memoranda, transaction summaries and presentations in conjunction with Morningstar DBRS’ methodologies and liaising with internal or external lawyers if necessary.
• Participating with operational risk analysts in reviews of originators, servicers and other relevant transaction parties.
• Reviewing transaction amendments/restructurings if required.
• Analysing performance trends of existing transactions for relevant research.
• Contributing to or conducting the review, development and/or interpretation of Morningstar DBRS’ methodologies and criteria covering APAC, including identifying areas for improvement to rating methodologies and processes.
• Comply with all applicable regulations, policies, and procedures.

Role Requirements:

• Bachelor’s (or equivalent) degree in finance, financial engineering or other quantitative discipline.
• Minimum seven years of credit rating experience in structured finance at an advisory firm, arranger, lead manager, investor, asset lender or a credit rating agency.
• Experience in one or more of ABS, RMBS, Project Finance or Digital Infrastructure.
• Understanding of structured finance legal and transaction documentation.
• Excellent written and oral English skills.
• Proven analytical abilities with a high attention to details and work quality. Quantitative skills and experience in cash flow analysis and capacity to manage large data sets.
• Proficiency in Microsoft Excel and Microsoft Office applications.
• Right to work in Australia.
• Capacity for occasional domestic or international travel.
• Ability to manage multiple projects and work in a team and independently in a dynamic environment under tight deadlines.
• Ability to solve problems proactively and creatively.

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 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 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 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 collaborate in-person each week as we've found that we're at our best when we're purposely together on a regular basis. In 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, you'll have tools and resources to engage meaningfully with your global colleagues.

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