Structured Finance - Asset-Backed Securities, Director, New Asset - New York

About the role

Fitch Ratings is seeking an emerging assets professional to join the Asset-Backed Securities Group in our New York and Chicago office. This is a leadership position responsible for a wide range of initiatives including: sector analytical leadership for emerging asset classes, direct responsibility for analytical activities including rating and monitoring a wide range of asset based financing and regular direct engagement with bankers and issuers operating at the frontier of securitization.

Responsibilities

• Lead deal teams to analyze critical credit, legal, and structural elements across emerging asset based finance sectors;
• Contribute to dynamic rating workflows by leading rating analysis on a growing portfolio of emerging-asset ABS transactions and participating externally with investors, issuers, and bankers to build market confidence in Fitch's approach;
• Deploy and implement various credit tools and cash flow models to form analytical views and recommendations on a wide array of collateral and financing types, usage-based revenue models and more operation business models;
• Lead the development and refinement of ratings criteria for emerging-asset ABS, including forming recommendations to bolster analysis, calibrate stresses, and make strategic sector decisions where historical performance benchmarks are limited or nonexistent;
• Manage and mentor analysts, strategically plan workflows, and drive progress on multiple parallel projects across a rapidly evolving deal pipeline.

Requirements

• A credit professional with a BA/BS degree and a minimum of 8 years of work experience, with previous experience rating ABS transactions or evaluating structured credit. Direct experience with technology assets, intangible asset valuation, or equipment-backed financing is strongly preferred.
• Experience managing a team, with the ability to inspire, strategically plan workflows, and progress multiple projects in parallel—particularly in environments requiring first-principles analytical thinking.
• Fitch is a team-oriented work environment, so excellent interpersonal skills are essential, as is a high-productivity work ethic and a results-oriented mindset.
• A knack for communicating credit views (particularly in writing) and the ability to analyze large and unconventional data sets—including asset utilization metrics, technology adoption curves, licensing revenue concentration, and residual value assumptions—and form defensible conclusions.
• Strong understanding of structured finance transaction mechanics, combined with a demonstrated ability to critically analyze complex legal documents and contracts—such as indentures, servicing agreements, and security interest opinions—to assess structural protections, enforceability risks, and documentation adequacy.

Qualifications

• Direct experience evaluating technology-backed financings, equipment leasing structures, IP monetization vehicles, or novel ABS transactions, whether buy-side, sell-side, or at a rating agency;
• Background in project / corporate finance or credit analysis covering technology, semiconductors, cloud infrastructure, data center operators, or media/entertainment (royalty and licensing);
• CFA candidate, CPA, or other professional designations highlighting strong analytical capacity for the role;
• Thoughtful views on asset based finance trends and direct experience in underwriting new assets;
• Passion for reviewing legal docus and understanding structure risks;
• Desire to define and lead a new frontier in structured finance with the leading team in ABS, building frameworks that will shape market practice for years to come.

Skills

• Excellent verbal and written communication skills;
• Ability to analyze large and unconventional data sets;
• Strong understanding of structured finance transaction mechanics;
• Demonstrated ability to critically analyze complex legal documents and contracts;
• Experience managing a team and leading analytical initiatives;
• Passion for innovative and emerging asset classes;
• Ability to communicate credit views effectively.

Benefits

Hybrid Work Environment: 3 days a week in office required
Dedicated trainings, leadership development and mentorship programs designed to ensure that your time at Fitch will be a continuous learning opportunity
Retirement planning and tuition reimbursement programs that empower you to achieve your short and long-term goals
Comprehensive healthcare offerings that enable physical, mental, financial, social, and occupational wellbeing
Family-friendly policies, including a generous global parental leave plan, designed to help you balance career and family life effectively
Employee Resource Groups that unite and empower our colleagues around the globe
Paid volunteer days, matched funding for donations and ample opportunities to volunteer in your community

Pay

Expected base pay rates for the role are between $150,000 and $180,000 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.

Schedule

Hybrid Work Environment: 3 days a week in office required