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

At Fitch, we have an open culture where employees are able to exchange ideas and perspectives, throughout the organization, irrespective of their seniority. Your voice will be heard allowing you to have a real impact. We embrace diversity and appreciate authenticity encouraging an environment where employees can be their true selves. Our inclusive and progressive approach helps us to keep a balanced perspective.  Fitch is also committed to supporting its employees by advancing conversations around diversity, equity and inclusion.  Fitch’s Employee Resource Groups (ERGs) have been established by employees who have joined together as a workplace community based on similar backgrounds or life experiences.  Fitch’s ERGs are available to connect employees with others within the organization to offer professional and personal support. 

 

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.

 

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

Fitch Ratings is seeking an Associate Director to join the Asset-Backed Securities Group in our Chicago or New York offices.

Fitch Rating is adding a highly motivated credit professional to the Asset Backed Securities (ABS) team as an Associate 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 the ability to analyze and develop credit opinions related to ABS transactions, communicate credit opinions publicly and produce research on sector trends and developments.

The position covers the U.S. ABS market, with initial emphasis on auto loan and auto lease, and equipment leasing sectors. 

 

What We Offer:

• Fitch is a team-oriented work environment, so excellent communication skills are essential, as is a high productivity work-ethic and results oriented mindset.
• An opportunity to be a lead coverage analyst at a global rating agency;
• A role that helps the debt capital markets make more informed decisions via timely, insightful and forward-looking rating actions and research

 

We’ll Count on You To:

• Analyze the critical credit, legal and structural elements of ABS transaction structures;
• Assist in the development of ratings criteria, including writing relevant reports and developing recommendations to bolster analysis;
• Deployment and implementation of cashflow models and tools used in the rating process; 
• Lead and/or support research projects; and  
• Maintain assigned rating relationships.

 

What You Need to Have:

• An ideal candidate will have a BA/BS degree with a minimum of 4 years work experience with previous experience in structured finance and direct ABS experience is preferred.
• Exceptional communication (particularly in writing) and strong quantitative and technical expertise are required.
• The candidate will be self-motivated and able to manage timelines across many projects, so strong time management and organization abilities are also required.
• Successful candidates will showcase strong understanding of credit fundamentals combined with a willingness and ability to quickly learn new concepts and techniques.

 

What Would Make You Stand Out:

• Previous experience in the Structured Finance sector from a credit perspective;
• Experience with cash flow modeling or loss forecasting analysis. 

 

Why Fitch?

At Fitch Group, the combined power of our global perspectives is what differentiates us. Our global network of colleagues comes together to accomplish things greater than they ever could alone. Every team member is essential to our business and each perspective is critical to our success. We embrace a diverse culture that encourages a free exchange of ideas, guaranteeing your voice will be heard and your work will have an impact, regardless of seniority. We are building incredible things at Fitch and we invite you to join us on our journey.

Fitch Group is a global leader in financial information services with operations in more than 30 countries. Wholly owned by the Hearst Corporation, we are comprised of three main businesses: Fitc