Structured Finance - ABS, Associate Director - Chicago
About The Position
Fitch Ratings is seeking an Associate Director to join the Asset-Backed Securities Group in our Chicago office. 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. Fitch is a team-oriented work environment, so excellent communication skills are essential, as is a high productivity work-ethic and results oriented mindset An opportunity to be a lead coverage analyst at a global rating agency A role that helps the debt capital markets make more informed decisions via timely, insightful and forward-looking rating actions and research
Requirements
- An ideal candidate will have a BA/BS degree with a minimum of 4 years work experience with previous experience in structured finance and direct ABS experience is preferred
- Exceptional communication (particularly in writing) and strong quantitative and technical expertise are required
- The candidate will be self-motivated and able to manage timelines across many projects, so strong time management and organization abilities are also required
- Successful candidates will showcase 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 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
Stand Out From the Crowd
Upload your resume and get instant feedback on how well it matches this job.
What This Job Offers
Job Type
Full-time
Career Level
Mid Level
Number of Employees
1,001-5,000 employees
