Structured Finance - Commercial Mortgage-Backed Securities, Senior Analyst - New York

Fitch Group•New York, NY

5d•$95,000 - $110,000•Hybrid

About The Position

Fitch Ratings is seeking a Senior Analyst to join its Commercial Mortgage-Backed Securities (CMBS) group in the New York or Chicago office. The role is part of a team conducting commercial real estate analysis on securities loans and providing Fitch’s opinions and perspectives to investors and other market participants on North American CMBS transactions. The Senior Analyst will assess credit strengths and risks associated with commercial real estate properties and related loan structures in U.S. and Canadian markets. The work includes analyzing property cash flows and valuations, using quantitative skills to evaluate property- and loan-level characteristics and industry trends, presenting rating conclusions to credit committees, and publishing detailed transaction reports, rating commentaries, and research reports. The position operates in a team-oriented environment. Fitch describes a hybrid work arrangement requiring three days per week in the office, based on line of business and location. New York expected base pay is $95,000–$110,000 per year; actual salary may vary based on education, training, experience, past performance, and other job-related factors. Compensation may also include commission earnings, discretionary bonuses, long-term incentives, and other benefits depending on the position.

Requirements

Bachelor's degree.
2–3 years of experience underwriting, valuing, or working out commercial real estate, excluding internships.
Expertise in Excel and Word.
Strong analytical, quantitative, and organizational skills, including the ability to multitask.
Familiarity with commercial property types.
Effective communication skills, including strong writing ability.
Ability to shift fluidly between multiple projects as priorities change.

Nice To Haves

Securitization or capital markets experience.
Loan workout and/or lending experience.

Responsibilities

Identify and assess credit strengths and risks of commercial real estate properties and related loan structures in U.S. and Canadian markets.
Underwrite and evaluate property cash flows and valuations.
Analyze property- and loan-level characteristics and industry trends using quantitative skills.
Communicate rating conclusions to credit committees.
Publish detailed transaction reports, rating commentaries, and research reports.