Structured Finance - Commercial Mortgage-Backed Securities, Associate Director - New York

At Fitch, we have an open culture where employees exchange ideas and perspectives throughout the organization, irrespective of seniority. Your voice will be heard, allowing you to have a real impact. We embrace diversity and authenticity, fostering an environment where employees can be their true selves. Our inclusive and progressive approach helps maintain a balanced perspective. Fitch supports employees through Employee Resource Groups (ERGs), established by employees who join together based on similar backgrounds or life experiences to offer professional and personal support.

With our expertise, we produce timely insights from every angle to influence decision-making in this ever-changing and highly competitive market. We innovate relentlessly to unlock the power of human insights and drive value for our customers.

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 worldwide. This role is part of a team of analysts performing commercial real estate (CRE) analysis on securities loans. You will provide Fitch’s opinions and perspectives to investors and other market participants on all North American CMBS transactions in a team-oriented work environment.

How You’ll Make An Impact

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

Requirements

• Bachelor’s degree.
• Five plus years of direct experience underwriting, valuing, or working out commercial real estate.
• Expertise in Excel and Word.
• Strong analytical, quantitative, and organizational skills, including the ability to multitask.
• Familiarity with commercial property types.
• Effective communication skills, including strong writing ability.
• Ability to shift fluidly between multiple projects as priorities change.

What Would Make You Stand Out

• 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.
• Investing in Your Future: Retirement planning and tuition reimbursement programs.
• Promoting Health & Wellbeing: Comprehensive healthcare offerings covering 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 with Employee Resource Groups that unite and empower colleagues globally.
• Dedication to Giving Back: Paid volunteer days, matched funding for donations, and community volunteer opportunities.

Pay

Expected base pay for roles in New York and Chicago will be between $110,000 and $135,000. Actual salaries are determined on an individualized basis and may vary based on factors including education, training, experience, and past performance. Base pay is one part of Fitch’s total compensation package, which may also include commission earnings, discretionary bonuses, long-term incentives, and other benefits.