Structured Finance - CMBS, Associate Director, Surveillance - Chicago

About the role

Fitch Ratings is seeking a highly motivated commercial real estate finance professional to analyze commercial mortgage-backed securities (CMBS) in our New York / Chicago office. Successful candidates should demonstrate the ability to analyze and develop credit opinions relating to CMBS transactions, communicate these opinions to the public, and publish research on transactions and industry trends.

Responsibilities

• Identify and assess credit strengths and risks of U.S. and Canadian commercial real estate properties, including market analysis, property-level fundamentals, and industry-specific trends that may impact loan performance.
• Use quantitative skills to analyze property, loan-level, and portfolio-level characteristics as well as industry trends within an assigned portfolio, including detailed property cash flow analysis and updated property valuations on performing and non-performing loans.
• Prepare detailed committee materials and communicate rating conclusions to credit committee.
• Publish detailed rating commentaries and research reports.
• Mentor or manage junior analysts.

Requirements

• Hold a bachelor's degree, with preference for a degree in finance, real estate, or a related field.
• Have 5 to 7 years of experience in commercial real estate underwriting, valuation, or loan workouts.
• Demonstrate advanced expertise in Excel and Word, and experience in financial modeling is preferred.
• Show strong analytical, quantitative, and organizational skills, with the ability to manage multiple priorities.
• Have experience across various commercial property types.
• Exhibit excellent written and oral communication skills for committee presentations and external engagement.

Qualifications

• Securitization or capital markets experience is preferred.
• Loan workout and/or lending experience is beneficial.

Skills

• Advanced Excel and Word skills.
• Experience in financial modeling.
• Strong analytical, quantitative, and organizational skills.
• Experience across various commercial property types.
• Excellent written and oral communication skills.

Benefits

• Hybrid work environment: 3 days a week in office required based on your line of business and location.
• Culture of learning & mobility: Dedicated trainings, leadership development, and mentorship programs designed to ensure continuous learning.
• Investing in your future: Retirement planning and tuition reimbursement programs designed to empower you to achieve your short and long-term goals.
• Promoting health & wellbeing: Comprehensive healthcare offerings that enable physical, mental, financial, social, and occupational wellbeing.
• Supportive parenting policies: Family-friendly policies, including a generous global parental leave plan, designed to help you balance career and family life effectively.
• Inclusive work environment: A collaborative workplace where all voices are valued, with Employee Resource Groups that unite and empower our colleagues around the globe.

Pay

Competitive compensation package with benefits including health insurance, retirement plans, and tuition assistance.

Schedule

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