Associate Director, Credit Analyst - Structured Finance, Asset-Backed Securities - Chicago, IL

Fitch Group • Chicago, IL

308d • $80,000 - $95,000 • Hybrid

About The Position

Fitch Ratings is seeking an Associate Director to join the Asset-Backed Securities Group in our Chicago or New York offices. Fitch Rating is adding a highly motivated credit professional to the Asset Backed Securities (ABS) team as an Associate Director. 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.

Requirements

• BA/BS degree with a minimum of 4 years work experience
• Previous experience in structured finance and direct ABS experience is preferred
• Exceptional communication (particularly in writing) and strong quantitative and technical expertise
• Self-motivated and able to manage timelines across many projects
• Strong time management and organization abilities
• Strong understanding of credit fundamentals combined with a willingness and ability to quickly learn new concepts and techniques

Nice To Haves

• Previous experience in the Structured Finance sector from a credit perspective
• Experience with cash flow modeling or loss forecasting analysis

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

Benefits

• 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
• Investing in Your Future: Retirement planning and tuition reimbursement programs
• Promoting Health & Wellbeing: Comprehensive healthcare offerings
• Supportive Parenting Policies: Family-friendly policies including a generous global parental leave plan
• Inclusive Work Environment: A collaborative workplace with Employee Resource Groups
• Dedication to Giving Back: Paid volunteer days and matched funding for donations

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Industry: Professional, Scientific, and Technical Services
• Education Level: Bachelor's degree