Asset Backed Securities, Associate Director recruitment

Position Title: Asset Backed Securities, Associate Director

Working Location: US - New York, NY

Employment Status: Full-Time Regular

Required Experience: 3 years

Required Education: Bachelors Degree

Travel Required: 0

Job ID: 50002110

Position Description:
Fitch Ratings is a global rating agency committed to providing value beyond the rating through independent and prospective credit opinions, research and data. Offering a world of knowledge and experience behind every opinion, we transform information to deliver meaning and utility to investors, issuers and other market participants. Fitch Ratings' global expertise draws on local market knowledge and spans across the fixed-income universe. The additional context, perspective and insights we provide help investors make important credit judgments with confidence.

Dual-headquartered in New York and London, Fitch Ratings has 51 offices worldwide. Fitch Ratings is part of the Fitch Group, a majority-owned subsidiary of Fimalac, S.A. headquartered in Paris, France.

Fitch complies with federal, state, and local laws governing employment, and provides equal opportunity to all applicants and employees. All applications will be considered without regard to race, color, religion, gender, national origin, age, disability, marital or veteran status, sexual orientation, and other status protected by applicable laws.

Position Requirements:
Fitch Ratings is seeking an Associate Director to join the Asset Backed Securities Group in New York or Chicago. This person will assume a lead role in rating consumer and commercial non-mortgage asset backed transactions, developing criteria and cash flow models, market commentary and related research, and will serve as a credit committee member in reviewing and assigning ratings to ABS transactions.

Responsibilities:
• Analyzing critical credit, legal and structural elements of asset backed transaction structures
• Producing quality internal and external written reports including credit committees, criteria, special reports and market commentary
• Preparing and presenting analysis to a rating committee
• Communicating Fitch rating methodology and criteria to issuers and investors
• Leading and/or supporting research projects
• Participating in internal and external meetings
• Developing internal cash flow models

Required Qualifications:

Candidate must demonstrate a strong working knowledge of the credit, legal and structural risks of transactions in the ABS sector.

Some travel required. Candidates should have at least 3-5 years experience in structured finance or related field. Graduate degree is helpful but not required. The position requires strong analytical, written and verbal communication skills, and an ability to work with Excel, Word and financial data.