At a Glance
- Tasks: Drive growth in structured credit and corporate ratings while building key relationships.
- Company: Join a leading credit rating agency known for innovation and transparency.
- Benefits: Enjoy a hybrid work model, competitive salary, and flexible benefits.
- Why this job: Make an impact in the finance industry with a tech-forward approach.
- Qualifications: 7+ years in finance, strong negotiation skills, and a solid understanding of credit markets.
- Other info: Collaborative environment with excellent career advancement opportunities.
The predicted salary is between 72000 - 108000 £ per year.
About the role
Morningstar DBRS’ Business Development team for Structured Finance is looking for a Business Developer at Vice President-level to join their team in London. As part of our European Business Development team, you will play a key role in expanding Morningstar DBRS’s European structured credit and middle market corporate ratings business. This position reports to the Managing Director of Business Development for European Structured Finance. You will strengthen relationships with asset managers, issuers, arrangers, and direct lenders, driving greater market demand for our ratings and insights. Success in this role requires a solid understanding of both public and private credit markets, from direct lending to CLOs and fund debt issuance.
Job Responsibilities
- Expand ratings coverage and grow revenues in structured credit, fund finance and private credit sectors
- Proven track record of building and maintaining relationships with public and private European capital market participants
- Monitor key metrics and communicate results as appropriate to senior executives
- Identify opportunities for new product development
- Work across internal groups including finance, marketing, and customer services as necessary
- Coordinate with marketing team on promotion of DBRS Morningstar at industry conferences
Qualifications
- Minimum 7 years of relevant experience at an asset manager, bank or rating agency
- University degree in a related field
- Solid understanding of debt capital markets instruments, structured finance market dynamics and credit rating agencies
- Excellent negotiation skills
- Ability to deliver excellent client service with clear and effective written and verbal communication
- Able to multi-task and work independently while collaborating effectively as a team player in a fast-paced, deadline-driven environment
- Proficient in Salesforce, Microsoft Outlook, Excel, PowerPoint and Word
About Us
Morningstar 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. Morningstar DBRS 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 nimble enough to respond to customers' needs in their local markets, but large enough to provide the necessary expertise and resources they require. Market innovators choose to work with us because of our agility, tech-forward approach, and exceptional customer service. Morningstar DBRS is the next generation of credit ratings.
If you receive and accept an offer from us, we require that personal and any related investments be disclosed confidentiality to our Compliance team (days vary by region). These investments will be reviewed to ensure they meet Code of Ethics requirements. If any conflicts of interest are identified, then you will be required to liquidate those holdings immediately. In addition, dependent on your department and location of work certain employee accounts must be held with an approved broker (for example all, U.S. employee accounts). If this applies and your account(s) are not with an approved broker, you will be required to move your holdings to an approved broker.
Morningstar's hybrid work environment gives you the opportunity to collaborate in-person each week as we’ve found that we’re at our best when we’re purposely together on a regular basis. In most of our locations, our hybrid work model is four days in-office 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.
Business Developer, Structured Finance (European Structured Credit; at Vice President level) employer: R07_DBRSRtgsLtdUK DBRS Ratings Limited - UK Legal Entity
Contact Detail:
R07_DBRSRtgsLtdUK DBRS Ratings Limited - UK Legal Entity Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Business Developer, Structured Finance (European Structured Credit; at Vice President level)
✨Tip Number 1
Network like a pro! Get out there and connect with industry folks at conferences or local meetups. Building relationships is key in structured finance, so don’t be shy about introducing yourself and sharing what you bring to the table.
✨Tip Number 2
Showcase your expertise! When chatting with potential employers or clients, highlight your understanding of both public and private credit markets. Share insights on market trends and how they impact structured finance to demonstrate your value.
✨Tip Number 3
Follow up after meetings! A quick email thanking someone for their time can go a long way. It keeps you on their radar and shows that you’re genuinely interested in building a relationship.
✨Tip Number 4
Apply through our website! We love seeing candidates who are proactive. Make sure to submit your application directly on our site to stand out from the crowd. Plus, it’s the best way to ensure your application gets the attention it deserves!
We think you need these skills to ace Business Developer, Structured Finance (European Structured Credit; at Vice President level)
Some tips for your application 🫡
Show Your Experience: Make sure to highlight your relevant experience in structured finance and credit markets. We want to see how your background aligns with the role, so don’t hold back on showcasing your achievements!
Tailor Your Application: Customise your CV and cover letter for this specific role. Use keywords from the job description to demonstrate that you understand what we’re looking for and how you fit into our team.
Be Clear and Concise: When writing your application, keep it clear and to the point. We appreciate well-structured communication, so make sure your thoughts flow logically and are easy to read.
Apply Through Our Website: Don’t forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it’s super easy to do!
How to prepare for a job interview at R07_DBRSRtgsLtdUK DBRS Ratings Limited - UK Legal Entity
✨Know Your Stuff
Make sure you have a solid grasp of structured finance and the European credit markets. Brush up on recent trends, key players, and market dynamics. This knowledge will not only help you answer questions confidently but also show your genuine interest in the role.
✨Build Your Network
Before the interview, try to connect with current or former employees of the company on LinkedIn. Understanding their experiences can give you valuable insights into the company culture and expectations, which you can reference during your interview.
✨Showcase Your Relationship Skills
Since this role involves building relationships with asset managers and issuers, prepare examples of how you've successfully developed and maintained professional relationships in the past. Be ready to discuss specific strategies you used to foster these connections.
✨Prepare for Scenario Questions
Expect scenario-based questions that assess your problem-solving and negotiation skills. Think of situations where you had to navigate complex challenges in the credit markets and be prepared to explain your thought process and outcomes.