Fitch Ratingsposted about 2 months ago
$95,000 - $130,000/Yr
Full-time - Mid Level
Hybrid - New York, NY
Securities, Commodity Contracts, and Other Financial Investments and Related Activities
About the position
Fitch Ratings is seeking an Associate Director to join the Asset-Backed Securities Group in our Chicago or New York offices. The position will be responsible for a wide range of projects including assuming a role in rating ABS transactions and authoring market commentary and research. Successful candidates should demonstrate the ability to analyze and develop credit opinions related to ABS transactions, communicate credit opinions publicly and produce research on sector trends and developments. The position covers the U.S. ABS market, with initial emphasis on auto loan and auto lease, and equipment leasing sectors.
Responsibilities
- Analyze the critical credit, legal and structural elements of ABS transaction structures
- Assist in the development of ratings criteria, including writing relevant reports and developing recommendations to bolster analysis
- Deployment and implementation of cashflow models and tools used in the rating process
- Lead and/or support research projects
- Maintain assigned rating relationships
Requirements
- BA/BS degree
- Minimum of 4 years work experience in structured finance
- Direct ABS experience preferred
- Exceptional communication skills, particularly in writing
- Strong quantitative and technical expertise
- Self-motivated with strong time management and organization abilities
- Strong understanding of credit fundamentals
Nice-to-haves
- Previous experience in the Structured Finance sector from a credit perspective
- Experience with cash flow modeling or loss forecasting analysis
Benefits
- Base pay rates between $95,000 and $130,000 for New York and California roles
- Commission earnings
- Discretionary bonuses
- Long-term incentives
- Other benefits sponsored by Fitch
