Structured Finance - CMBS, Senior Director - New York

About the role

Fitch Ratings is seeking a Senior Director to join the Global CMBS group in our New York or Chicago office. This role is part of a leadership team focused on strategic growth and innovation within the Commercial Real Estate (CRE) sector. The Senior Director will lead efforts to provide Fitch’s opinions and guidance to investors and market participants on Commercial Mortgage-Backed Securities (CMBS).

The Senior Director will foster a collaborative and team-oriented work environment, overseeing and enhancing property cash flow underwriting and valuations, guiding the team in using quantitative analyses to evaluate property and loan-level characteristics and industry trends, chairing credit committees covering complex rating conclusions, and leading the publication of comprehensive transaction reports, rating commentaries, and research publications.

Responsibilities

• Manage a team of analysts assessing credit strengths and risks of commercial real estate properties and related loan structures in the U.S. and Canadian markets.
• Oversee and enhance property cash flow underwriting and valuations.
• Guide the team in using quantitative analyses to evaluate property and loan-level characteristics and industry trends.
• Chair credit committees covering complex rating conclusions.
• Lead external meetings discussing rated transactions and market trends.

Requirements

• Hold a bachelor's degree, with a preference for an advanced degree in finance, real estate, or a related field.
• Have over 12 years of experience in commercial real estate underwriting, valuation, or related.
• Possess strong leadership skills with a proven track record of managing and developing high-performing teams.
• Have strong analytical, quantitative, and organizational skills, with the ability to manage multiple priorities.
• Exhibit exceptional communication skills, including the ability to write clearly and persuasively.

Qualifications

• Extensive experience in securitization or capital markets is a significant advantage.
• Proven experience in ratings, loan workouts and/or lending.
• Demonstrated ability to influence and collaborate with senior stakeholders and clients.

Skills

• Strong analytical and quantitative skills.
• Excellent communication and writing skills.
• Leadership and team management skills.

Benefits

Fitch offers a hybrid work environment where 3 days a week in-office is required based on your line of business and location. The company provides a Culture of Learning & Mobility through dedicated trainings, leadership development, and mentorship programs designed to ensure continuous learning opportunities. Additionally, Fitch invests in your future with retirement planning and tuition reimbursement programs, supports your health and wellbeing with comprehensive healthcare offerings, and promotes a supportive parenting policy with a generous global parental leave plan.

Fitch is committed to fostering an inclusive work environment where all voices are valued, and the company supports its employees by advancing conversations around diversity, equity, and inclusion through its Employee Resource Groups (ERGs).

Pay

Expected base pay rates for the role are between $180,000 and $210,000 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 environment with 3 days a week in-office required based on your line of business and location.