Credit Analyst/Associate Director - Asset Backed Securities
Positions SpecificationsJob Function: Analyst
Company: Fitch Ratings
Company Website: www.fitchratings.com
Position Location: New York, NY
Job Description:General Overview
Dual-headquartered in New York and London, Fitch Ratings is a leading provider of credit ratings, commentary and research. Dedicated to providing value beyond the rating through independent and prospective credit opinions, Fitch Ratings offers global perspectives shaped by strong local market experience and credit market expertise. The additional context, perspective and insights we provide help investors to make important credit judgments with confidence.
Fitch Solutions delivers credit market data, analytical tools and risk services to the global financial community. In addition to offering proprietary market-based content, Fitch Solutions distributes the ratings, research and financial data of Fitch Ratings through a variety of flexible platforms. With innovation and experience behind every solution, Fitch Solutions helps financial professionals meet the diverse and evolving needs of today’s global markets.
Fitch Ratings and Fitch Solutions, along with Fitch Learning and BMI Research, are part of the Fitch Group, a global leader in financial information services with operations in more than 30 countries. Fitch Group is majority-owned by Hearst.
Fitch Ratings and Fitch Solutions are an equal opportunity / affirmative action employer, complying with all laws governing employment in each jurisdiction in which operating, and provide equal opportunity to all applicants and employees. All qualified applicants will be considered without regard to race, color, religion, gender, national origin, age, disability, marital or protected veteran status, sexual orientation, gender identity and other status protected by applicable laws.
Fitch Ratings is seeking an Analyst/Associate Director to join the Asset-Backed Securities Group. This person will assume a role in rating of ABS transactions (including student loan, auto loan and auto lease, unsecured consumer loans and Asset Backed Commercial paper conduits), authoring market commentary and related research, serving as a credit committee member in reviewing and assigning ratings to ABS transactions and participating in criteria and cash flow model projects.
Responsiblities include but are not limited to:
- Analyzing critical credit,legal and structural elements of asset backed transaction structures
- Producing quality internal and external written reports including credit committees, criteria, special reports and market commentary
- Communicating Fitch rating methodology and criteria to issuers and investors
- Leading and/or supporting research projects
- Maintaining assigned rating relationships
The ideal candidate will have a BA/BS degree with 1 to 3 years (Analyst) or 3-5 years (Associate Director) of work experience. Strong quantitative and analytical skills, proficiency in Excel and Word, strong communication (particularly writing), analytical, organizational, and time-management skills are a must.