Structured Finance - Commercial Mortgage-Backed Securities, Analyst - Chicago

As one of the world’s top three credit ratings agencies, Fitch Ratings plays a critical role in global capital markets by providing supplementary credit analysis, ratings, research, and commentary to financial market participants. For over 100 years, Fitch Ratings has been creating value for global markets through its rigorous analysis and deep expertise, which have resulted in a variety of market-leading tools, methodologies, indices, research, and analytical products. Fitch Ratings is part of Fitch Group, a global leader in financial information services with operations in more than 30 countries, which also includes Fitch Solutions. With dual headquarters in London and New York, Fitch Group is owned by Hearst.

About the Team

Fitch Ratings is a global company with a presence in over 30 countries, offering opportunities to work with diverse teams and clients from around the world. This role is part of a team of analysts performing CRE analysis on securities loans, providing Fitch’s opinions and perspectives to investors and other market participants on all North American CMBS transactions. The environment is team-oriented.

Responsibilities

• Identify and assess credit strengths and risks of commercial real estate properties, and the related loan structures in U.S and Canadian CRE markets, and property cash flow underwriting and valuations
• Use quantitative skills to analyze property and loan level characteristics and industry trends
• Communicate rating conclusions to credit committee
• Publish detailed transaction reports, rating commentaries, and research reports

Requirements

• Hold a bachelor's degree
• Have at least 12 months of experience in underwriting, valuing, or working out commercial real estate, excluding internships
• Possess expertise in Excel and Word
• Demonstrate strong analytical, quantitative, and organizational skills with the ability to multitask
• Are familiar with commercial property types
• Exhibit effective communication skills, including strong writing ability
• Can shift fluidly between multiple projects as priorities change

Preferred Qualifications

• Securitization or capital markets experience
• Loan workout and/or lending experience

Benefits

• Hybrid Work Environment: 3 days a week in office required based on your line of business and location
• A 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
• 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
• Inclusive Work Environment: A collaborative workplace where all voices are valued, with Employee Resource Groups that unite and empower colleagues
• Dedication to Giving Back: Paid volunteer days, matched funding for donations, and ample opportunities to volunteer in your community

Pay

For New York and Chicago only: Expected base pay rates for the role will be between $85,000 and $100,000 per year. Actual salaries will be determined on an individualized basis and may vary based on factors including but not limited to education, training, experience, past performance, and other job-related factors. Base pay is one part of Fitch’s total compensation package, which, depending on the position, may also include commission earnings, discretionary bonuses, long-term incentives, and other benefits sponsored by Fitch.

Fitch is committed to providing global securities markets with objective, timely, independent, and forward-looking credit opinions. To protect Fitch’s credibility and reputation, employees must take every precaution to avoid conflicts of interest or any appearance of a conflict of interest. If successful in the recruitment process, you will be asked to declare any securities holdings and other potential conflicts prior to commencing employment. If you or your immediate family have any holdings that may conflict with your work responsibilities, you may be asked to divest yourself of them before beginning work.