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

Job Description:

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

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.