Fitch Ratings
Structured Finance - Associate Director, Asset-Backed Securities - Chicago, IL
Fitch Ratings, Chicago, Illinois, United States, 60290
Structured Finance - Associate Director, Asset-Backed Securities - Chicago, IL
Join to apply for the
Structured Finance - Associate Director, Asset-Backed Securities - Chicago, IL
role at
Fitch Ratings . Overview
Fitch Ratings 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. The position covers the U.S. ABS market, with initial emphasis on auto loan and auto lease, and equipment leasing sectors. How You’ll Make An Impact
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. 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 You may be a good fit if
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 What Will Make You Stand Out
Previous experience in the Structured Finance sector from a credit perspective Experience with cash flow modeling or loss forecasting analysis Experience reviewing legal documentation relating to the issuance of debt (e.g. indentures, promissory notes, security agreements, and related documents) Why Fitch
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 Dedication to Giving Back: Paid volunteer days, matched funding for donations and ample opportunities to volunteer in your community Fitch is committed to providing global securities markets with objective, timely, independent and forward-looking credit opinions. To protect Fitch’s credibility and reputation, our employees must take every precaution to avoid conflicts of interest or any appearance of a conflict of interest. Should you be successful in the recruitment process at Fitch Ratings you will be asked to declare any securities holdings and other potential conflicts prior to commencing employment. If you, or your immediate family, have any holdings that may conflict with your work responsibilities, you may be asked to divest yourself of them before beginning work. Fitch is proud to be an Equal Opportunity and Affirmative Action Employer. We evaluate qualified applicants without regard to race, color, national origin, religion, sex, sexual orientation, gender identity, disability, protected veteran status, and other statuses protected by law. For Chicago roles only
Expected base pay rates for the role will be between $110,000 and $135,000. Actual salaries will be determined on an individualized basis and may vary based on factors including but not limited to education, training, experience, past performance, and other job-related factors. Base pay is one part of Fitch’s total compensation package, which, depending on the position, may also include commission earnings, discretionary bonuses, long-term incentives, and other benefits sponsored by Fitch. Seniority level
Director Employment type
Full-time Job function
Research and Analyst
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Join to apply for the
Structured Finance - Associate Director, Asset-Backed Securities - Chicago, IL
role at
Fitch Ratings . Overview
Fitch Ratings 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. The position covers the U.S. ABS market, with initial emphasis on auto loan and auto lease, and equipment leasing sectors. How You’ll Make An Impact
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. 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 You may be a good fit if
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 What Will Make You Stand Out
Previous experience in the Structured Finance sector from a credit perspective Experience with cash flow modeling or loss forecasting analysis Experience reviewing legal documentation relating to the issuance of debt (e.g. indentures, promissory notes, security agreements, and related documents) Why Fitch
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 Dedication to Giving Back: Paid volunteer days, matched funding for donations and ample opportunities to volunteer in your community Fitch is committed to providing global securities markets with objective, timely, independent and forward-looking credit opinions. To protect Fitch’s credibility and reputation, our employees must take every precaution to avoid conflicts of interest or any appearance of a conflict of interest. Should you be successful in the recruitment process at Fitch Ratings you will be asked to declare any securities holdings and other potential conflicts prior to commencing employment. If you, or your immediate family, have any holdings that may conflict with your work responsibilities, you may be asked to divest yourself of them before beginning work. Fitch is proud to be an Equal Opportunity and Affirmative Action Employer. We evaluate qualified applicants without regard to race, color, national origin, religion, sex, sexual orientation, gender identity, disability, protected veteran status, and other statuses protected by law. For Chicago roles only
Expected base pay rates for the role will be between $110,000 and $135,000. Actual salaries will be determined on an individualized basis and may vary based on factors including but not limited to education, training, experience, past performance, and other job-related factors. Base pay is one part of Fitch’s total compensation package, which, depending on the position, may also include commission earnings, discretionary bonuses, long-term incentives, and other benefits sponsored by Fitch. Seniority level
Director Employment type
Full-time Job function
Research and Analyst
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