Principal Analyst, Commercial Mortgage-Backed Securities

6 days ago


Chicago, Illinois, United States R06_DBRSInc DBRS, Inc. - US Legal Entity Full time

About the Role

Morningstar DBRS, Inc. is seeking a highly skilled and motivated individual to join its Commercial Mortgage-Backed Securities (CMBS) team as a Principal Analyst. The successful candidate will play a key role in supporting the lead analysts and team leads for Morningstar DBRS rated transactions or entities, including CMBS, real estate investment trusts, and real estate operating entities.

The ideal candidate will have a strong understanding of the US and Canadian real estate sectors and be familiar with the appropriate Morningstar DBRS rating methodologies and criteria. Excellent analytical and communication skills are essential, as the candidate will be responsible for conducting market research, financial analysis, and site inspections on a nationwide basis.

Key Responsibilities:

  1. Conduct in-depth analysis of CMBS transactions, including determining DBRS stabilized net cash flows for all property types and unique loan structures.
  2. Develop and maintain databases and spreadsheets to track market trends and performance metrics.
  3. Collaborate with senior members of the team to develop reports for investors and presentations for conferences.
  4. Respond to client and colleague inquiries regarding methodologies, analysis, and research.
  5. Provide credit analysis and use quantitative models to assess credit worthiness for multi-loan pooled transactions and single-borrower transactions.

Requirements:

  1. A minimum of 3 years of experience in a commercial real estate finance related field.
  2. A degree in finance, real estate, or a related area.
  3. Excellent analytical and communication skills, with the ability to work in a fast-paced environment.
  4. Proficiency in Excel and the ability to develop new applications and perform complex analyses.

About Us

Morningstar DBRS, Inc. is a leading provider of independent rating services and opinions for corporate and sovereign entities, financial institutions, and project and structured finance instruments globally. With a reputation for innovation and excellence in the structured finance market, we aim to increase market transparency by providing the highest-quality ratings, securities research, monitoring services, operational risk assessments, data, and technology solutions.

Our Culture

Morningstar DBRS, Inc. 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 agile enough to respond to customers' needs in their local markets, but large enough to provide the necessary expertise and resources they require.


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