Assistant Vice President, European Consumer ABS Ratings

About This Role

Morningstar DBRS is seeking an Assistant Vice President to join the European Structured Finance team, focusing on asset-backed securitisation (ABS). This is a lead analyst role responsible for assigning and maintaining credit ratings on European ABS transactions. The successful candidate will contribute to Morningstar DBRS’s strong reputation in the structured finance market by producing high-quality analysis and collaborating closely with colleagues and market participants. The role offers the opportunity to deepen technical expertise in European ABS while working in a dynamic, team-oriented environment. This position reports to the Head of European ABS within the Structured Finance group.

A day to day will look like:

• Lead the evaluation and assignment of credit ratings for European ABS transactions in accordance with Morningstar DBRS methodologies.
• Oversee the surveillance process of existing rated ABS transactions, providing regular analysis and updates.
• Perform in-depth cash flow modelling and structural analysis using internal tools and Intex.
• Draft and review internal and external documents including credit reports, press releases, and commentaries.
• Assess transaction legal documentation in alignment with applicable methodologies and regulatory frameworks.
• Mentor junior team members and contribute to training initiatives within the Structured Finance group.

Some of our Requirements:

• Minimum 5 years of direct experience in structured finance, preferably within credit ratings, investment banking, advisory, or asset management.
• Strong understanding of European ABS sectors, particularly consumer finance asset classes such as auto loans, consumer loans, or credit cards.
• Proven analytical skills, with the ability to interpret complex data sets and financial models. Quantitative skills and experience in cash flow modelling and capacity to manage large data sets are advantageous.
• Proficient in Microsoft Excel and Office; knowledge of programming languages (e.g., VBA, Python) is an advantage.
• Excellent written and verbal communication skills in English; additional European languages (e.g., French, Spanish, Italian) are a plus.
• Hold a degree in finance, financial engineering, or a quantitative discipline; able to work in the EU and travel occasionally within Europe.

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