Group Credit Officer (GCO) for Structured and Fund Finance - Senior Director - North America - CHI
About the role
The Credit Officer Group (COG) works in partnership with the analytical, operations, legal and compliance groups to ensure Fitch’s ratings are timely, robust and consistent. COG forms part of Fitch’s Risk group which as the second line of defence is an important function in monitoring and maintaining Fitch’s controls. The group reports ultimately to the Chief Credit Officer.
Responsibilities
- Identify immediate and developing risks that deserve additional analytical focus
- Challenge the credit thinking of Fitch’s analytical groups with alternative viewpoints
- Assess Fitch’s rating performance
- Attend committees and monitor the application of criteria and variations
- Participate in the criteria development process
- Create a strong credit culture by being a role model for Fitch’s values of transparency, independence, timeliness, rigour & integrity and diversity & inclusion
- Aid product groups in implementing policy for the broad application of ratings criteria and models
- Work in partnership with the analytical, operations, legal and compliance groups to improve the rigour of the analytical system
- Communicate with the analytical group on the most important credit topics facing the rated portfolio
- Discuss ratings and risks with key market participants to exchange views and gather information regarding credit matters
- Facilitate communication across regions to ensure a consistent approach to similar credit issues, including periodic organization and provision of training on credit matters
- Lead and contribute to research on important credit themes
- Work closely with Group Credit Officers covering other asset classes and Regional Credit Officers in order to identify, discuss and address credit matters and economic issues that may impact multiple sectors
Requirements
- Extensive credit experience (10-15yrs) with a Structured Finance focus
- Strong background in Commercial Real Estate analysis
- Prior experience in a rating environment a strong plus but not essential
- Prior criteria development skills are desirable
- Excellent verbal and written communication skills
- Evidence of ability to engage stakeholders in alternative viewpoints in a constructive manner is essential
- Ability to demonstrate independence of thought
Qualifications
- Master's degree in finance, economics, or related field
- CPA or CFA designation preferred
Skills
- Strong analytical and problem-solving skills
- Excellent communication and interpersonal skills
- Ability to work independently and as part of a team
- Experience with structured finance and commercial real estate
- Knowledge of credit rating methodologies and standards
Benefits
Fitch offers a comprehensive benefits package including health insurance, retirement plans, and paid time off.
Pay
Expected base pay rates for the role will be between $185,000 and $225,000 per year. Actual salaries will be determined on an individualized basis and may vary based on including but not limited to education, training, experience, past performance, and other job-related factors.
Schedule
The position adheres to Fitch’s onsite flex policy.