About Us | Compliance

Candace Cheng
Chief Compliance Officer
+ 1 646 560-4559
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Candace Cheng is chief compliance officer for Morningstar Credit Ratings, LLC. She is responsible for managing the company’s regulatory compliance program and risk management framework. Cheng also provides regulatory and policy guidance to the business and leads efforts on behalf of Morningstar Credit Ratings in major industry forums.

Prior to joining Morningstar in 2015, Cheng held several risk, compliance, and operational leadership roles at Standard & Poor’s Global. Most recently, she was director of S&P Global’s internal controls group, where she led large-scale regulatory and risk initiatives for the company’s global ratings business. Before joining S&P Global, Cheng led technology and operation efficiency efforts at Vanguard.

Cheng holds a bachelor’s degree in management information systems from Rochester Institute of Technology and a master’s degree in business administration from Penn State University. She is also a Certified Lean Six Sigma Black Belt.

John McDevitt
Compliance Officer
+ 1 267-960-0563
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John McDevitt is a compliance officer for Morningstar Credit Ratings, LLC. He assists with the development, implementation and maintenance of appropriate compliance policies for the commercial mortgage-backed securities team. Before joining Morningstar, McDevitt was a senior compliance analyst for DuPont Capital Management, where he was responsible for portfolio guideline and regulatory monitoring. He also held positions at Aberdeen Asset Management and Morgan Stanley, where he frequently presented guideline monitoring controls to clients, regulators, and fund boards members.

Before working in compliance, McDevitt held investment-related roles for The Vanguard Group.

McDevitt holds a bachelor’s degree in finance from West Chester University and a master’s degree in business administration in finance from Drexel University. He is also a licensed Series 7 registered representative with FINRA and a Level 3 candidate in the Chartered Financial Analyst® Program.

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