Chicago, IL New York, NY
DBRS Morningstar is a global credit ratings business, currently with 700 employees in eight offices globally. Formed through the July 2019 acquisition of DBRS by Morningstar, Inc., the ratings business is the fourth-largest provider of credit ratings in the world.
DBRS Morningstar is committed to empowering investor success, serving the market through leading-edge technology and raising the bar for the industry. DBRS Morningstar is a market leader in Canada, the U.S. and Europe in multiple asset classes.
DBRS Morningstar rates more than 2,600 issuers and 54,000 securities worldwide and is driven to bringing more clarity, diversity of opinion, and responsiveness to the ratings process. DBRS Morningstar’s approach and size provide the agility to respond to customers’ needs, while being large enough to provide the necessary expertise and resources.
About the Role
This individual will work closely with credit analysts on a wide variety of Corporate rating mandates in addition to providing support in the drafting, updating and implementing, as necessary, of DBRS Morningstar global policies, procedures and the applicable Corporate methodologies and related legal criteria.
Within U.S. Corporate ratings, counsel will provide legal support to credit analysis within Corporate sector specific areas, such as Project Finance, Infrastructure Finance and U.S Middle Market.
This position is based in New York or Chicago.
Under the management of the Managing Director of Credit Ratings, Legal, this individual will be responsible for (i) reviewing legal documentation underlying relevant credit rating analysis and advising analysts and rating committee of any potential legal issues that may have an impact on the credit rating(s), (ii) communicating DBRS Morningstar’s position on legal, structural and methodology related matters to internal and external stakeholders, and (iii) evaluating legal and reputational risk relating to credit ratings.
– J.D. degree from an accredited ABA approved law school
– New York or Illinois state bar admission is preferable
– The ideal candidate will possess 2+ years of relevant experience at a top tier law firm or in-house at a financial services firm with emphasis on secured lending, securitization and/or sponsor/leverage finance transactions.
Nice to have
– U.S. bankruptcy law or financial restructuring experience is an asset to the role but not necessary.