Director, Residential Mortgage-Backed Securities - New York, NY

As one of the world’s top three credit ratings agencies, Fitch Ratings plays a critical role in global capital markets by providing supplementary credit analysis, ratings, research, and commentary to financial market participants. For over 100 years, Fitch Ratings has been creating value for global markets through its rigorous analysis and deep expertise, which have resulted in a variety of market leading tools, methodologies, indices, research, and analytical products. Fitch Ratings is part of Fitch Group, a global leader in financial information services with operations in more than 30 countries, which also includes Fitch Solutions. With dual headquarters in London and New York, Fitch Group is owned by Hearst.

 

At Fitch Ratings, credit analysts play a pivotal role in moving markets, as quality credit analysis is the lifeblood of our organization. With a legacy of over a century, our unique approach to credit ratings offers unmatched opportunities for professional growth. Embracing a “challenger mindset,” you'll join a team dedicated to innovating service to our clients. Our people-driven analysis thrives on collaboration across all levels and locations, surpassing traditional financial modeling. Lastly, as part of our global community, you'll find inspiration, challenge, and support, with ample opportunities for visibility and influence in the global financial marketplace.

 

Want to learn more about a career as a credit analyst at Fitch Ratings? Visit: https://careers.fitch.group/content/Credit-Analysts/

 

About the Team

 

The credit analyst would join the Operational Risk team within the North American Residential Mortgage Backed Securities (RMBS) group. The Operational Risk team supports the RMBS group by providing value-added opinion on key counterparts, such as mortgage servicers, originators and aggregators. The role offers the opportunity to work directly with senior executives and staff at major mortgage servicers, originators and aggregators.

 

How You’ll Make an Impact: 

 

• Lead and manage operational risk reviews, primarily for residential mortgage loan servicers, including preparing and presenting recommendations to a formal credit committee within set timelines.
• Produce quality internal and external written reports, including credit committees, press releases, rating reports, special reports and market commentary.
• Communicate effectively Fitch’s rating assessment and rating criteria externally.
• Manage key relationships while engaging with senior management at the covered firms.
• Requires approximately 15-20% travel within the U.S. and Canada.

 

You May be a Good Fit if:

 

• Ideal candidate will have a BA/BS with a minimum of 5 years of experience in U.S. residential real estate lending or servicing, and conducting operational risk assessments.
• Understanding of RMBS and role of RMBS servicers.
• Must have strong communication, presentation and writing skills.
• Self-motivated with strong organizational and time management skills as role requires managing multiple projects.
• Ability to thrive in a team-oriented environment.
• Proficient in Microsoft Office products, particularly Excel and Word.

 

What Would Make You Stand Out: 

 

• Ability and willingness to be flexible when priorities change.
• Direct experience in residential mortgage loan servicing.

 

Why Choose Fitch: