Structured Finance - Asset-Backed Securities, Associate Director (New York)

About the role

Fitch Ratings is seeking an Associate Director to join the Asset-Backed Securities (ABS) team in Chicago. The position will involve analyzing ABS transaction structures, developing ratings criteria, deploying and implementing cashflow models, leading/research projects, and maintaining assigned rating relationships.

Responsibilities

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

Requirements

• A minimum of 4 years of 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
• Strong time management and organizational abilities are also required
• Must have a strong understanding of credit fundamentals combined with a willingness and ability to quickly learn new concepts and techniques

Qualifications

• An ideal candidate will have a BA/BS degree
• Previous experience in the Structured Finance sector from a credit perspective is preferred
• Experience with cash flow modeling or loss forecasting analysis is preferred

Skills

• Excellent communication (particularly in writing)
• Strong quantitative and technical expertise
• Strong time management and organizational abilities
• Understanding of credit fundamentals
• Willingness and ability to quickly learn new concepts and techniques

Benefits

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

Pay

Expected base pay rates for the role are between $110,000 and $140,000 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.

Schedule

Hybrid work schedule required, with 2 to 3 days a week in the office based on your line of business and location.