Analyst / Senior Analyst, Model Development Team (Quantitative Analyst) - New York
About The Position
At Fitch, we have an open culture where employees are able to exchange ideas and perspectives, throughout the organization, irrespective of their seniority. Your voice will be heard allowing you to have a real impact. We embrace diversity and appreciate authenticity encouraging an environment where employees can be their true selves. Our inclusive and progressive approach helps us to keep a balanced perspective. Fitch is also committed to supporting its employees by advancing conversations around diversity, equity and inclusion. Fitch’s Employee Resource Groups (ERGs) have been established by employees who have joined together as a workplace community based on similar backgrounds or life experiences. Fitch’s ERGs are available to connect employees with others within the organization to offer professional and personal support. With our expertise, we are not only creating data and information but also producing timely insights from every angle to influence decision making in this ever changing and highly competitive market. We have a relentless hunger to innovate and unlock the power of human insights and to drive value for our customers. There has never been a better time to make an impact and we invite you to join us on this journey. Analyst / Senior Analyst, Model Development Team The Model Development Team at Fitch Ratings is currently seeking a quantitative analyst based out of our New York and Toronto office. The Model Development Team at Fitch Ratings is responsible for the development, enhancement, and maintenance of analytical models used in the credit rating process. In particular, we are looking for a quantitative analyst to focus primarily on models in Structured Finance including ABS, CMBS, RMBS, and Structured Credit. What We Offer: You will work closely with other talented specialists in the team as well as ratings analysts You will gain valuable knowledge of credit modelling and develop a good understanding of rating methodology and criteria. You will develop working knowledge of model governance framework and the regulatory environment
Requirements
- Master’s degree in quantitative disciplines such as Financial Engineering
- Programming and model development experience in Python or Excel/VBA
Nice To Haves
- Prior experience in credit risk or financial/cashflow modelling, including exposure to Excel/VBA/Python
- Strong verbal and written communication skills; ability to convey technical concepts clearly
- Ability to solve problems using critical, rational and creative thinking
- Self-motivated with ability to manage timelines across multiple projects
- Strong work ethic and strong team player
Responsibilities
- Customize models to support ongoing deal flow for new complex financial transactions
- Collaborate with the ratings teams to build and maintain models that apply the relevant rating criteria accurately, robustly and efficiently.
- Team up with other talented specialists to research, design, implement and enhance models, conduct comprehensive testing, and prepare model documentation.
- Leverage the opportunity to contribute to other team initiatives such as trainings, research projects and user/client support.
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
Number of Employees
1,001-5,000 employees
