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

Fitch Group•New York, NY

2d•$95,000 - $110,000•Hybrid

About The Position

Fitch Ratings is seeking a Senior Analyst to join the Residential Mortgage-Backed Securities Group (RMBS) in our New York office. The U.S. Residential Mortgage-Backed Securities (RMBS) group is adding a Credit Analyst or a Senior Credit Analyst to its growing team. This position will collaborate with more senior analysts on transaction analysis; run computer models and perform spreadsheet analysis to evaluate credit risk and cash flow coverage for RMBS transactions; present transaction reviews and analysis at rating committees; develop an understanding of legal and accounting issues affecting a security; and contribute to research reports and press releases.

Requirements

Bachelor's degree at minimum
2-3 years of relevant experience (excluding internships)
Strong analytical, quantitative, and organizational skills
Excellent written and verbal communication skills
Ability to excel in a team-oriented environment

Nice To Haves

Experience in capital markets, mortgage markets, and/or credit analysis is a plus
Analyzing critical credit, legal, and structural elements of residential mortgage-backed transactions
Assisting in the development of ratings criteria, including writing relevant reports and developing recommendations to enhance analysis
Producing high-quality internal and external written reports, including credit committees, criteria documents, special reports, and market commentary
Communicating Fitch's rating methodology and criteria to issuers and investors effectively
Deploying and implementing cashflow models and tools used in the rating process
Leading and/or supporting research projects
Maintaining assigned rating relationships

Responsibilities

Analyze critical credit, legal and structural elements of residential mortgage-backed transactions
Assist in the development of ratings criteria, including writing relevant reports and developing recommendations to bolster analysis
Produce quality internal and external written reports including credit committees, criteria, special reports and market commentary
Communicate Fitch rating methodology and criteria to issuers and investors
Deployment and implementation of cashflow models and tools used in the rating process
Lead and/or support research projects
Maintain assigned rating relationship