JobMesh

Senior Analyst, European Structured Finance (Nonperforming Loan & Reperforming Loan Securitisation, RPL, NPL)

Morningstar · Madrid, ES

Morningstar DBRS European Structured Finance team is seeking a Senior Analyst to support the rating and surveillance of Nonperforming Loan (NPL) and Reperfor...

Job description

Morningstar DBRS European Structured Finance team is seeking a Senior Analyst to support the rating and surveillance of Nonperforming Loan (NPL) and Reperforming Loan (RPL) securitisations across multiple European jurisdictions. The successful candidate will play a key analytical role in assessing credit risk, performing cash flow modelling, preparing rating documentation, and supporting senior colleagues in rating committees and external meetings. We are looking for an analytical, detail‑oriented, and collaborative individual who is eager to develop deep expertise in pan‑European NPL/RPL transactions within a dynamic, team‑driven environment. As a Senior Analyst, you will be responsible for supporting the analysis and ongoing monitoring of NPL/RPL transactions, including: Analytical & Transaction Work - Conduct detailed credit and cash flow analysis on European NPL and RPL securitisations using Morningstar DBRS methodologies and internal tools. - Support lead analysts (AVP/VP) in the analysis and rating process for new issue transactions, with defined analytical ownership of assigned workstreams. Review and analyse: - Servicer business plans and recovery assumptions - Historical c...