Associate Director, Asset-Backed Securities - NB

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.

 

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 you to make important credit judgments with confidence.

 

Structured Finance - Analyst, Asset-Backed Securities

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

 

This person will assume a role in surveillance and new rating of ABS transactions (including auto loan and auto lease, unsecured consumer loans, equipment leasing, student loan and Asset Backed Commercial paper conduits), authoring market commentary and related research, serving as a credit committee member in reviewing and assigning ratings to ABS transactions and participating in criteria and cash flow model projects. 

 

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 critical credit, legal and structural elements of asset backed transaction structures.   
• Assist in the development of ratings criteria, including writing relevant reports and developing recommendations to bolster analysis.
• Produce quality internal and external written reports including credit committees, criteria, special reports and market commentary.   
• Communicate Fitch rating methodology and criteria to issuers and investors.  
• Deployment and implementation of cashflow models and tools used in the rating process.
• Lead and/or support research projects.  
• Maintain assigned rating relationships. 

What You Need to Have:

• Bachelor's degree at minimum.
• 1-2 years relevant experience.
• Strong analytical, quantitative, and organizational skills.
• Excellent written and verbal communication skills.
• Ability to excel in a team-oriented environment.

What Would Make You Stand Out:

• Previous experience in the Structured Finance sector from a credit perspective.
• Capital markets and/or credit analysis experience a plus.
• 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: F