Structured Finance - Credit Analyst, Associate Director - Asset-Backed Securities

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With our expertise, we are not only creating data and information, but also producing timely insights from every angle to influence decision making in this ever changing and highly competitive market. We have a relentless hunger to innovate and unlock the power of human insights and to drive value for our customers. There has never been a better time to make an impact and we invite you to join us on this journey.

 

Fitch Ratings is a leading provider of credit ratings, commentary and research. Dedicated to providing value beyond the rating through independent and prospective credit opinions, Fitch Ratings offers global perspectives shaped by strong local market experience and credit market expertise. The additional context, perspective and insights we provide have helped fund a century of growth and enables our clients to make important credit judgments with confidence.

Structured Finance – Credit Analyst, Associate Director - Asset-Backed Securities

 

Fitch Ratings is seeking a Structured Finance Professional to join the Asset-Backed Securities Group in our Chicago or New York offices.

 

Fitch Ratings is adding a highly motivated credit professional to the Asset Backed Securities (ABS) team as an Associate Director or Director. The position will be responsible for a wide range of projects including assuming a role in rating ABS transactions and authoring market commentary and research.  

 

Successful candidates should demonstrate an ability to lead new transaction analysis and apply macro trends impacting consumers to develop credit views. In this leadership role strong communication skills are essential to the role with broad internal and external responsibilities to disseminate credit views. The position covers North American ABS, with initial emphasis on consumer sectors such as auto loan and lease and unsecured installment loans.

 

What We Offer:

• Ability to grow your presence in ABS credit, along with the breadth and depth of your reach across different sectors, asset classes, structures and markets.
• An opportunity to be a lead coverage analyst in a growing and dynamic group, which was the leader in ABS ratings last year;
• A rewarding leadership role, with responsibilities over new rating analysis, projects to improve criteria and tools and engaging with the market externally.

We’ll Count on You To:

• Lead deal teams to analyze critical credit, legal and structural elements of ABS transaction structures;
• Contribute to dynamic rating workflows by leading rating analysis on a portfolio of ABS transactions and participating externally with investors, issuers and bankers;
• Deploy and implement various credit tools and cashflow models to form analytical views and recommendations; 
• Stay abreast of sector trends and communicate views internally and externally;
• Assist in the development of ratings criteria, including forming recommendations to bolster analysis and iteratively improve; and
• Lead and/or support sector trend research reports and projects.

What You Need to Have:

• We are looking for a credit professional with a BA/BS degree and a minimum of 5 to 7 years work experience with previous experience rating ABS transactions.
• Experience managing a team, ability to inspire and strategically plan workflows and progress on multiple projects in parallel.
• Fitch is a team-oriented work environment, so excellent interpersonal skills are essential, as is a high productivity work-ethic and a results-oriented mindset.
• Knack for communicating credit views (particularly in writing) and ability to analyze large data sets and form conclusions are required.
• Strong understanding of credit fundamentals and current economic conditions, combined with a willingness and ability to quickly learn new concepts and techniques.

What Would Make You Stand Out:

• Direct experience in evaluating new ABS transactions, either buy