North American CMBS Credit Ratings, Assistant Vice President – Chicago

North American CMBS Credit Ratings, Assistant Vice President – ChicagoMorningstar DBRS is seeking a highly motivated individual, with an interest in real estate finance and credit analysis, to join its Commercial Mortgage-Backed Securities (CMBS) team as an Assistant Vice President in Chicago. The successful candidate will mainly serve as a support/ lead analyst for Morningstar DBRS rated transactions or entities. The successful candidate will be expected to gradually develop a solid understanding of the US and Canadian real estate sectors and to acquire a broad understanding of the appropriate Morningstar DBRS rating methodologies and criteria.Job Responsibilities:Act as the lead analyst and manage the process of evaluating credit risk, while adhering to the relevant rating methodology.Determine Morningstar DBRS stabilized cash flows of all major property types (office, retail, multifamily, MHC, hotel, self-storage) and a variety of loan sizes ($1 million to > $100 million)Prepare/update spreadsheets on properties and companies including historical information and financial projections.Search and aggregate market data to be used in the credit analysis.Track key economic and industry indicators and various asset class metrics.Review third-party reports including appraisals, property condition reports, environmental reports, and other industry specific reports.Contribute text and analysis for rating reports, press release, commentaries, presentations and industry reports under supervision of lead analysts.Assist with the preparation of rating committee materials and participate in Rating Committee meetings with guidance from the lead analysts.Assist with the publishing workflow, including regulatory disclosures.Develop a solid understanding of real estate asset classes covered.Assist with training junior staff.Develop client-communication skills through interacting with issuers, investors, and intermediaries.Adhere to compliance, regulatory and company policies and procedures.Qualifications:Minimum of two years of experience in a commercial real estate related field.Undergraduate degree in accounting, business, finance or other relevant discipline is preferred.Strong analytical abilities and knowledge of financial statements.Solid research and analytical skills, with acute attention to detail.Strong communication skills, both oral and written.Self-starter and strong team player, with the ability to meet deadlines while producing high quality work.Genuine interest in commercial real estate and structured finance.Ability to travel 10-20% domestically/ North America.Possess and maintain a valid driver’s license and passport.About UsMorningstar 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....