Structured Finance - CMBS, Associate Director, Surveillance - Chicago

Fitch Group • Chicago, IL

5d • Hybrid

About The Position

Fitch Ratings is adding a highly motivated commercial real estate finance professional to analyze commercial mortgage-backed securities in our New York / Chicago office. Successful candidates should demonstrate the ability to analyze and develop credit opinions relating to CMBS transactions, communicate credit opinions to the public and publish research on transactions and industry trends. Join a team focused on providing Fitch’s opinions and commentary regarding transactions and ratings within the Commercial Real Estate (CRE) sector to investors and market participants. Our team's responsibilities include a diverse portfolio of CRE, including multi- and single-borrower transactions, CRE CLO and Data Centers, across North America. Foster a collaborative and team-oriented work environment.

Requirements

• Hold a bachelor's degree, with preference for a degree in finance, real estate, or a related field.
• 5 to 7 years experience in commercial real estate underwriting, valuation or loan workouts.
• Demonstrate advanced expertise in Excel and Word, experience in financial modeling a plus.
• Strong analytical, quantitative, and organizational skills, with the ability to manage multiple priorities.
• Experience across various commercial property types.
• Excellent written and oral communication skills for committee presentations and external engagement.

Nice To Haves

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

Responsibilities

• Identify and assess credit strengths and risks of U.S and Canadian commercial real estate properties including market analysis, property-level fundamentals, and industry-specific trends that may impact loan performance.
• Use quantitative skills to analyze property, loan-level and portfolio-level characteristics as well as industry trends within an assigned portfolio. Includes detailed property cash flow analysis and updated property valuations on performing and non-performing loans.
• Prepare detailed committee materials and communicate rating conclusions to credit committee.
• Publish detailed rating commentaries and research reports.
• Mentor or manage junior analysts.

Benefits

• Hybrid Work Environment: 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

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level