Structured Finance - Residential Mortgage-Backed Securities, Senior Analyst - Chicago

Fitch Ratings is seeking a Senior Analyst to join the Residential Mortgage-Backed Securities Group (RMBS) in our New York office.About the Team:The U.S. Residential Mortgage-Backed Securities (RMBS) group is adding a Senior Analyst to its growing team. This position will collaborate with more senior analysts on transaction analysis; run 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.How You’ll Make an Impact:Analyze critical credit, legal, and structural elements of non-agency residential mortgage-backed transactionsProduce quality internal and external written reports, including credit committees, criteria, special reports, and market commentaryCommunicate Fitch rating methodology and criteria to issuers and investorsDeployment and implementation of cash flow models and tools used in the rating processLead and/or support research projectsYou May Be a Good Fit if:You have a bachelor’s degree at minimumYou have 2–4 years of relevant experience (excluding internships)Experience in capital markets, securitization/structured products, mortgage markets, and/or credit analysis is a plusYou possess strong analytical, quantitative, and organizational skillsYou have excellent written and verbal communication skillsYou have the ability to excel in a team-oriented environmentWhat Would Make You Stand Out:Analyzing critical credit, legal, and structural elements of residential mortgage-backed transactionsExperience across non-agency RMBS asset classes, such as Prime Jumbo, NQM, CES, CRT, HELOC, RTL, RPL, and NPLExposure to RMBS new-issue and surveillance mandatesFitch 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 NEW YORK ROLES ONLY: Expected base pay rates for the role are between $95,000 and $110,000 per year. Actual salaries will be determined on an individual basis and may vary based on factors including, but not limited to, education, training, experience, past performance, and other job-related considerations. Base pay is one component of Fitch’s total compensation package, which may also include commission earnings, discretionary bonuses, long-term incentives, and other benefits sponsored by Fitch, depending on the position. #LI-EC1 #LI-HYBRID