Senior Vice President Operational Risk Group

The Group: Morningstar DBRS is a leading provider of independent credit 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, we are one of the top four credit rating agencies in the world and a market leader in Canada, the U.S., and Europe in multiple asset classes.The Role: Morningstar DBRS is looking for a full time Senior Vice President (SVP) to join the Operational Risk team in the New York office.The SVP - Operational Risk Group will have responsibilities that include the planning and conducting of operational risk reviews, as necessary, for RMBS, ABS and Structured Credit finance products.As part of the Structured Finance Group in New York, the candidate would help assess the quality of a company's origination and servicing capabilities by conducting an onsite or phone review then completing a scorecard which incorporates an analysis of the company's origination practices, underwriting guidelines, performance, controls, technology, servicing, default and recovery procedures. The candidate would then evaluate the company's strengths and weaknesses and be responsible for the presentation of their findings to the rating committee, in addition to contributing to presale and ratings reports, as necessary.Strong communication, interpersonal and organizational skills are required as well as the ability to develop and write comprehensive, informative reports. The candidate will also attend investor meetings, as necessary, to explain Morningstar DBRS methodologies in addition to publishing topical reports, ranking reports and methodologies.The position involves frequent travel.Requirements:Completed College or Master's degree programDemonstrate strong organizational, writing and communication skillsHas the ability to interact professionally with senior level staff and maintain confidentialityAble to travel frequently; typically for two days at a timeAble to attend and run a full day meetingDemonstrate proficiency in Microsoft Outlook, Excel, Word and PowerPointCompensation and BenefitsAt Morningstar we believe people are at their best when they are at their healthiest. That's 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 75% 401k match up to 7% Stock Ownership PotentialCompany provided life insurance - 1x salary + commissionPhysical Health Comprehensive health benefits (medicaldentalvision) including potential premium discounts and company-provided HSA contributions (up to $500-$2,000 annually) for specific plans and coveragesAdditional medical Wellness Incentives - up to $300-$600 annualCompany-provided long- and short-term disability insuranceEmotional Health Trust-Based Time Off6-week Paid Sabbatical Program 6-Week Paid Family Leave & Paternity Leave Adoption Assistance Leadership Coaching & Formal Mentorship OpportunitiesAnnual Education Stipend Tuition ReimbursementSocial Health Charitable Matching Gifts programDollars for Doers volunteer programPaid volunteering days15+ Employee Resource & Affinity Groups Base Salary Compensation Range$145,000.00 - $272,000.00Bonus Target %39.8R06_DBRSInc DBRS, Inc. - US Legal EntityMorningstar'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.

Created: 2024-12-30