Structured Finance - ABS, Senior Analyst - Chicago

About the role

Fitch Ratings is seeking an Analyst to join its Asset-Backed Securities (ABS) group in their Chicago office. The position provides opportunities to grow credit understanding across consumer ABS through monitoring macro trends and impacts to pool and ABS rating performance. The analyst will join a growing team covering consumer sectors such as auto loan and lease, credit cards, and unsecured installment loans.

Responsibilities

• Analyze key credit, legal, and structural aspects of ABS transactions
• Support rating workflows by assisting in the analysis and monitoring of a portfolio of ABS transactions
• Utilize cashflow models to help form opinions on future performance
• Stay up to date on sector trends and communicate your findings effectively within the team and to external stakeholders
• Contribute to research reports and special projects focused on sector trends

Requirements

• You hold a BA/BS degree and have at least 1 year of relevant work experience (excluding internships)
• You have strong written and verbal communication skills
• You are comfortable analyzing large datasets and deriving meaningful conclusions
• You enjoy working collaboratively and have strong interpersonal skills
• You have a good understanding of finance fundamentals and current economic conditions
• You are eager to learn new concepts, ask questions, and grow your expertise

Qualifications

• Thoughtful perspectives on economic trends and their impact on consumer credit performance
• Passion for analysis, attention to detail, and a desire to build a career in credit research and ratings

Benefits

Fitch offers a hybrid work environment, dedicated trainings, leadership development and mentorship programs, retirement planning and tuition reimbursement programs, comprehensive healthcare offerings, and family-friendly policies.

Schedule

Hybrid work schedule, 3 days a week in office required based on your line of business and location.

Pay

Expected base pay rates for the role are between $80,000 and $95,000 per year. Actual salaries will be determined on an individual basis and may vary based on factors including, but not limited to, education, training, experience, past performance, and other job-related considerations. Base pay is one component of Fitch's total compensation package, which may also include commission earnings, discretionary bonuses, long-term incentives, and other benefits sponsored by Fitch, depending on the position.