Director - Structured Finance, Asset-Backed Securities - New York, NY (Finance)

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.

At Fitch Ratings, credit analysts play a pivotal role in moving markets, as quality credit analysis is the lifeblood of our organization. With a legacy of over a century, our unique approach to credit ratings offers unmatched opportunities for professional growth. Embracing a "challenger mindset," you'll join a team dedicated to innovating service to our clients. Our people-driven analysis thrives on collaboration across all levels and locations, surpassing traditional financial modeling. Lastly, as part of our global community, you'll find inspiration, challenge, and support, with ample opportunities for visibility and influence in the global financial marketplace.

Want to learn more about a career as a credit analyst at Fitch Ratings? Visit: https://careers.fitch.group/content/Credit-Analysts/

Director - Structured Finance, Asset-Backed Securities - New York, NY

Fitch Ratings is seeking a Director to join the Asset-Backed Securities Group in our Chicago or New York offices.

Fitch Ratings is adding a senior credit professional to the Asset Backed Securities (ABS) team as a Director. The position will be responsible for a wide range of projects including assuming a leadership position within the ABS team rating transactions and authoring market commentary and research.

Successful candidates should have previous experience leading ABS transaction analysis and applying macro trends impacting consumers to develop credit views. In this leadership role strong communication skills are essential. A successful candidate will demonstrate a successful track record in the ABS market; experience in home solar and home improvement sectors are relevant.

About the Team:

• Ability to grow your presence in ABS credit, along with the breadth and depth of your reach across different sectors, asset classes, structures and markets
• An opportunity to be a lead coverage analyst in a growing and dynamic group, and be a leading voice in ABS
• A rewarding leadership role, with responsibilities over new rating analysis, projects to improve criteria and tools and engaging with the market externally

How You'll Make an Impact:

• Lead rating teams to analyze critical credit, legal and structural elements of ABS transaction structures
• Actively contribute to a dynamic market by leading rating analysis on a portfolio of ABS transactions and participating externally with investors, issuers and bankers
• Deploy your expertise in ABS credit and cashflow modelling to form to lead analytical views and recommendations
• Stay abreast of sector trends and communicate views internally and externally
• Assist in the development of ratings criteria, including forming recommendations to bolster analysis and iteratively improve; and
• Lead and/or support sector trend research reports and projects

You May be a Good Fit if:

• We are looking for a credit professional with a BA/BS degree and a minimum of 7-years work experience with previous direct experience rating ABS transactions
• Experience managing a team, ability to inspire and strategically plan workflows and progress on multiple projects in parallel
• Fitch is a team-oriented work environment, so excellent interpersonal skills are essential, as is a high productivity work-ethic and a results-oriented mindset
• Expertise in common ABS structure types and a mature understanding of linkages between asset performance, structure and operations
• Knack for communicating credit views (particularly in writing) and ability to work with rating teams to analyze large data sets to form conclusions are required
• Strong understanding of credit fundamentals and current economic conditions, combined with a willingness and ability to quickly learn new concepts and techniques

What Would Make You Stand Out:

• Direct experience in evaluating new ABS transactions, either buy-side or sell-side is prized
• CFA candidate, or other professional designations highlighting strong understanding of financial concepts and previous experience showing credit mastery
• Thoughtful views on economic trends in north America and expected impacts to consumer households and credit
• Passion for cash flow modeling and loss forecasting analysis, with practical experience
• Desire to expand your capabilities and expertise across ABS asset classes with a leading team in the credit markets

Why Choose Fitch:

• Hybrid Work Environment: 2 to 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
• Dedication to Giving Back: Paid volunteer days, matched funding for donations and ample opportunities to volunteer in your community

Fitch is committed to providing global securities markets with objective, timely, independent and forward-looking credit opinions. To protect Fitch's credibility and reputation, our employees must take every precaution to avoid conflicts of interest or any appearance of a conflict of interest. Should you be successful in the recruitment process at Fitch Ratings 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.

Fitch is proud to be an Equal Opportunity and Affirmative Action Employer. We evaluate qualified applicants without regard to race, color, national origin, religion, sex, sexual orientation, gender identity, disability, protected veteran status, and other statuses protected by law.

Expected base pay rates for the role will be between $140,000 and $180,000. 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.

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