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Christian
Christian Aufsatz
Managing Director | European structured finance ratings
Morningstar DBRS
Christian heads up the European Structured Finance and Covered Bonds ratings team at
Morningstar DBRS. He joined Morningstar DBRS in October 2015 and was previously the
head of the European ABS Research team at Barclays Bank where he covered the European
CMBS and SME CLO sectors, in addition to general European securitisation and regulatory
topics. Until September 2010 Christian was with Moody’s, where he headed up the EMEA
CMBS team. During his time with Moody’s, he was involved in the development and
implementation of rating methodologies for RMBS and for CMBS.

Christian graduated from Frankfurt School of Finance & Management, Frankfurt am Main,
Germany, in 2002. He is a CFA charterholder and Cert CRP.
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Mudasar
Mudasar Chaudhry
Senior Vice Presiden
Morningstar DBRS
Since assuming the role in September 2021, he has directed the team responsible for research coverage of European securitised products, NPLs, Funds, and Covered Bonds. Mudasar joined Morningstar DBRS in 2011 and has extensive experience rating complex structured finance transactions across various asset classes. Prior to Morningstar DBRS, he held positions at PGIM, Bluecrest capital Management, and Fitch Ratings, focusing on European structured finance and alternative credit.

He holds a master’s degree with first-class honours in Aerospace Engineering from Queen Mary, University of London.
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Marta
Marta Zurita Bermejo
Managing Director
Morningstar DBRS
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Company profile

Specialisation within securitisation environment


DBRS Morningstar is a global credit ratings business with approximately 700 employees in eight offices globally.

On July 2, 2019, Morningstar, Inc. completed its acquisition of DBRS to expand global asset class coverage and provide investors with an enhanced platform featuring thought leadership, analysis and research. 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 the world’s fourth largest credit ratings agency and a market leader in Canada, the U.S. and Europe in multiple asset classes. We rate more than 3,000 issuers and 60,000 securities worldwide and are driven to bring more clarity, diversity and responsiveness to the ratings process. Our approach and size provide the agility to respond to customers’ needs, while being large enough to provide the necessary expertise and resources. 

 

In addition to registrations in Canada, the U.S. and Europe with the relevant regulators, DBRS Morningstar is also recognized as a credit rating agency by regulators and central banks in various jurisdictions.