Structured Finance - Residential Mortgage-Backed Securities, Senior Analyst - New York

About the role

The U.S. Residential Mortgage-Backed Securities (RMBS) group is adding a Credit Analyst or a Senior Credit Analyst to its growing team. This position will collaborate with more senior analysts on transaction analysis; run computer models and perform spreadsheet analysis to evaluate credit risk and cash flow coverage for RMBS transactions; present transaction reviews and analysis at rating committees; develop an understanding of legal and accounting issues affecting a security; and contribute to research reports and press releases.

Responsibilities

• Analyze critical credit, legal and structural elements of residential mortgage-backed transactions
• Assist in the development of ratings criteria, including writing relevant reports and developing recommendations to bolster analysis
• Produce quality internal and external written reports including credit committees, criteria, special reports and market commentary
• Communicate Fitch rating methodology and criteria to issuers and investors
• Deployment and implementation of cashflow models and tools used in the rating process
• Lead and/or support research projects
• Maintain assigned rating relationship

Qualifications

• Bachelor's degree at minimum
• 2-3 years of relevant experience (excluding internships)
• Experience in capital markets, mortgage markets, and/or credit analysis is a plus
• Strong analytical, quantitative, and organizational skills
• Excellent written and verbal communication skills
• Ability to excel in a team-oriented environment

Skills

• Analyzing critical credit, legal, and structural elements of residential mortgage-backed transactions
• Assisting in the development of ratings criteria, including writing relevant reports and developing recommendations to enhance analysis
• Producing high-quality internal and external written reports, including credit committees, criteria documents, special reports, and market commentary
• Communicating Fitch's rating methodology and criteria to issuers and investors effectively
• Deploying and implementing cashflow models and tools used in the rating process
• Leading and/or supporting research projects
• Maintaining assigned rating relationships

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 that your time at Fitch will be a continuous learning opportunity
• Investing in Your Future: Retirement planning and tuition reimbursement programs that 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

FOR NEW YORK: Expected base pay rates for the role are between $95,00