About this role
<p style="margin:0.0in 0.0in 8.0pt;line-height:107%;font-size:11.0pt;font-family:Calibri, sans-serif"><strong><u><span style="font-size:14.0pt;line-height:107%;font-family:Arial, sans-serif;color:#cc0033">Structured Finance – Director, Asset-Backed Securities</span></u></strong></p> <p style="margin:0.0in 0.0in 8.0pt;line-height:107%;font-size:11.0pt;font-family:Calibri, sans-serif"><strong><span style="font-family:Arial, sans-serif">Fitch Ratings is seeking a Credit Professional to join the Asset-Backed Securities Group in our Chicago or New York offices. </span></strong></p> <p style="margin:0.0in 0.0in 8.0pt;line-height:107%;font-size:11.0pt;font-family:Calibri, sans-serif"><span style="font-family:Arial, sans-serif">Fitch Ratings is adding a highly motivated credit professional to the Asset Backed Securities (ABS) team as a 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. </span></p> <p style="margin:0.0in 0.0in 8.0pt;line-height:107%;font-size:11.0pt;font-family:Calibri, sans-serif"><span style="font-family:Arial, sans-serif">Successful candidates should demonstrate an ability to lead new transaction analysis and apply macro trends impacting consumers to develop credit views. In this leadership role strong communication skills are essential to the role with broad internal and external responsibilities to disseminate credit views. The position covers North American ABS, with initial emphasis on consumer sectors such as auto loan and lease and unsecured installment loans. </span></p> <p style="margin:0.0in 0.0in 8.0pt;line-height:107%;font-size:11.0pt;font-family:Calibri, sans-serif"><strong><span style="font-family:Arial, sans-serif;color:#cc0033">What We Offer:</span></strong></p> <ul style="margin-top:0.0in;margin-bottom:0.0in" type="disc"> <li style="margin-bottom:0.0in;line-height:normal;margin-top:0.0in;margin-right:0.0in;font-size:11.0pt;font-family:Calibri, sans-serif"><span style="font-family:Arial, sans-serif">Ability to grow your presence in ABS credit, along with the breadth and depth of your reach across different sectors, asset classes, structures and markets.</span></li> <li style="margin-bottom:0.0in;line-height:normal;margin-top:0.0in;margin-right:0.0in;font-size:11.0pt;font-family:Calibri, sans-serif"><span style="font-family:Arial, sans-serif">An opportunity to be a lead coverage analyst in a growing and dynamic group at a global rating agency;</span></li> <li style="color:#cc0033;margin-bottom:0.0in;line-height:normal;margin-top:0.0in;margin-right:0.0in;font-size:11.0pt;font-family:Calibri, sans-serif"><span style="font-family:Arial, sans-serif;color:windowtext">A rewarding leadership role leading new rating analysis that is essential for the debt capital markets to make more informed decisions.</span></li> </ul> <p style="margin:0.0in 0.0in 0.0in 0.5in;line-height:normal;font-size:11.0pt;font-family:Calibri, sans-serif"><strong><span style="font-family:Arial, sans-serif;color:#cc0033"> </span></strong></p> <p style="margin:0.0in 0.0in 8.0pt;line-height:107%;font-size:11.0pt;font-family:Calibri, sans-serif"><strong><span style="font-family:Arial, sans-serif;color:#cc0033">We’ll Count on You To:</span></strong></p> <ul style="margin-bottom:0.0in;margin-top:0.0px"> <li style="margin:0.0in 0.0in 0.0in 0.0px;line-height:107%;font-size:11.0pt;font-family:Calibri, sans-serif"><span style="font-family:Arial, sans-serif">Lead deal teams to analyze critical credit, legal and structural elements of ABS transaction structures;</span></li> <li style="margin:0.0in 0.0in 0.0in 0.0px;line-height:107%;font-size:11.0pt;font-family:Calibri, sans-serif"><span style="font-family:Arial, sans-serif">Contribute to dynamic rating workflows by leading rating analysis on a portfolio of ABS transactions and participating externally with investors, issuers and bankers; </span></li> <li style="margin:0.0in 0.0in 0.0in 0.0px;line-height:107%;font-size:11.0pt;font-family:Calibri, sans-serif"><span style="font-family:Arial, sans-serif">Deploy and implement various credit tools and cashflow models to form analytical views and recommendations; </span></li> <li style="margin:0.0in 0.0in 0.0in 0.0px;line-height:107%;font-size:11.0pt;font-family:Calibri, sans-serif"><span style="font-family:Arial, sans-serif">Stay abreast of sector trends and communicate views internally and externally; </span></li> <li style="margin:0.0in 0.0in 0.0in 0.0px;line-height:107%;font-size:11.0pt;font-family:Calibri, sans-serif"><span style="font-family:Arial, sans-serif">Assist in the development of ratings criteria, including forming recommendations to bolster analysis and iteratively improve; and</span></li> <li style="margin:0.0in 0.0in 8.0pt 0.0px;line-height:107%;font-size:11.0pt;font-family:Calibri, sans-serif"><span style="font-family:Arial, sans-serif">Lead and/or support sector trend research reports and projects.</span></li> </ul> <p style="margin:0.0in 0.0in 8.0pt;line-height:107%;font-size:11.0pt;font-family:Calibri, sans-serif"><strong><span style="font-family:Arial, sans-serif;color:#cc0033">What You Need to Have:</span></strong></p> <ul style="margin-bottom:0.0in;margin-top:0.0px"> <li style="margin:0.0in 0.0in 0.0in 0.0px;line-height:107%;font-size:11.0pt;font-family:Calibri, sans-serif"><span style="font-family:Arial, sans-serif">We are looking for a credit professional with a BA/BS degree and a minimum of 7-years work experience with previous experience rating ABS transactions.</span></li> <li style="margin:0.0in 0.0in 0.0in 0.0px;line-height:107%;font-size:11.0pt;font-family:Calibri, sans-serif"><span style="font-family:Arial, sans-serif">Experience managing a team, ability to inspire and strategically plan workflows and progress on multiple projects in parallel. </span></li> <li style="margin:0.0in 0.0in 0.0in 0.0px;line-height:107%;font-size:11.0pt;font-family:Calibri, sans-serif"><span style="font-family:Arial, sans-serif">Fitch is a team-oriented work environment, so excellent interpersonal skills are essential, as is a high productivity work-ethic and a results-oriented mindset.</span></li> <li style="margin:0.0in 0.0in 0.0in 0.0px;line-height:107%;font-size:11.0pt;font-family:Calibri, sans-serif"><span style="font-family:Arial, sans-serif">Knack for communicating credit views (particularly in writing) and ability to analyze large data sets and form conclusions are required. </span></li> <li style="margin:0.0in 0.0in 8.0pt 0.0px;line-height:107%;font-size:11.0pt;font-family:Calibri, sans-serif"><span style="font-family:Arial, sans-serif">Strong understanding of credit fundamentals and current economic conditions, combined with a willingness and ability to quickly learn new concepts and techniques.</span></li> </ul> <p style="margin:0.0in 0.0in 8.0pt;line-height:107%;font-size:11.0pt;font-family:Calibri, sans-serif"><strong><span style="font-family:Arial, sans-serif;color:#cc0033">What Would Make You Stand Out:</span></strong></p> <ul style="margin-top:0.0in;margin-bottom:0.0in" type="disc"> <li style="margin-bottom:0.0in;line-height:normal;margin-top:0.0in;margin-right:0.0in;font-size:11.0pt;font-family:Calibri, sans-serif"><span style="font-family:Arial, sans-serif">Direct experience in evaluating new ABS transactions, either buy-side or sell-side is prized</span><span style="font-family:Arial, sans-serif">;</span></li> <li style="margin-bottom:0.0in;line-height:normal;margin-top:0.0in;margin-right:0.0in;font-size:11.0pt;font-family:Calibri, sans-serif"><span style="font-family:Arial, sans-serif">CFA candidate, or other professional designations highlighting strong capacity for the role</span><span style="font-family:Arial, sans-serif">;</span></li> <li style="margin-bottom:0.0in;line-height:normal;margin-top:0.0in;margin-right:0.0in;font-size:11.0pt;font-family:Calibri, sans-serif"><span style="font-family:Arial, sans-serif">Thoughtful views on economic trends in north America and expected impacts to consumer households and credit</span><span style="font-family:Arial, sans-serif">; </span></li> </ul> <ul style="margin-bottom:0.0in;margin-top:0.0px"> <li style="margin:0.0in 0.0in 0.0in 0.0px;line-height:107%;font-size:11.0pt;font-family:Calibri, sans-serif"><span style="font-family:Arial, sans-serif">Passion for cash flow modeling and loss forecasting analysis, with practical experience;</span></li> <li style="margin:0.0in 0.0in 0.0in 0.0px;line-height:107%;font-size:11.0pt;font-family:Calibri, sans-serif"><span style="font-family:Arial, sans-serif">Desire to expand your capabilities and expertise across ABS asset classes with a leading team in the credit markets.</span></li> </ul> <p style="margin:0.0in 0.0in 8.0pt 0.5in;line-height:107%;font-size:11.0pt;font-family:Calibri, sans-serif"> </p> <p style="margin:0.0in 0.0in 8.0pt;line-height:107%;font-size:11.0pt;font-family:Calibri, sans-serif"><strong><span style="font-family:Arial, sans-serif;color:#cc0033">Why Fitch?</span></strong></p> <p style="margin:0.0in 0.0in 8.0pt;line-height:107%;font-size:11.0pt;font-family:Calibri, sans-serif"><span style="font-family:Arial, sans-serif">At Fitch Group, the combined power of our global perspectives is what differentiates us. Our global network of colleagues comes together to accomplish things greater than they ever could alone. </span></p> <p style="margin:0.0in 0.0in 8.0pt;line-height:107%;font-size:11.0pt;font-family:Calibri, sans-serif"><span style="font-family:Arial, sans-serif">Every team member is essential to our business and each perspective is critical to our success. We embrace a diverse culture that encourages a free exchange of ideas, guaranteeing your voice will be heard and your work will have an impact, regardless of seniority.</span></p> <p style="margin:0.0in 0.0in 8.0pt;line-height:107%;font-size:11.0pt;font-family:Calibri, sans-serif"><span style="font-family:Arial, sans-serif">We are building incredible things at Fitch and we invite you to join us on our journey. </span></p> <p style="margin:0.0in 0.0in 8.0pt;line-height:107%;font-size:11.0pt;font-family:Calibri, sans-serif"><span style="font-family:Arial, sans-serif">Fitch Ratings is a leading provider of credit ratings, commentary and research. Dedicated to providing value beyond the rating through independent and prospective credit opinions, Fitch ratings offers global perspectives shaped by strong local market experience and credit market expertise. The additional context, perspective and insights we provide have helped fund a century of growth and enables our clients to make important credit judgements with confidence.</span></p> <p style="margin:0.0in 0.0in 8.0pt;line-height:107%;font-size:11.0pt;font-family:Calibri, sans-serif"><span style="font-family:Arial, sans-serif">For more information please visit our websites: </span></p> <p style="margin:0.0in 0.0in 8.0pt;line-height:107%;font-size:11.0pt;font-family:Calibri, sans-serif"><a href="http://www.fitchratings.com"><span style="font-family:Arial, sans-serif">www.fitchratings.com</span></a><span style="font-family:Arial, sans-serif;color:#c00000"> | </span><a href="http://www.fitchsolutions.com/"><span style="font-family:Arial, sans-serif">www.fitchsolutions.com</span></a><span style="font-family:Arial, sans-serif;color:#c00000"> | </span><a href="http://www.fitchlearning.com/"><span style="font-family:Arial, sans-serif">www.fitchlearning.com</span></a></p> <p style="margin:0.0in 0.0in 8.0pt;line-height:107%;font-size:11.0pt;font-family:Calibri, sans-serif"><span style="font-family:Arial, sans-serif">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 interests 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.</span></p> <p style="margin:0.0in;font-size:12.0pt;font-family:Calibri, sans-serif"><span style="font-size:11.0pt;font-family:Arial, sans-serif">Fitch Group 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.</span></p> <p style="margin:0.0in;font-size:12.0pt;font-family:Calibri, sans-serif"> </p> <p style="margin:0.0in 0.0in 8.0pt;line-height:107%;font-size:11.0pt;font-family:Calibri, sans-serif"><strong><span style="font-family:Arial, sans-serif">FOR NEW YORK ROLES ONLY: </span></strong><span style="font-family:Arial, sans-serif">Expected base pay rates for the role will be between $150,000 and $180,000. 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.</span></p> <p style="margin:0.0in 0.0in 8.0pt;line-height:107%;font-size:11.0pt;font-family:Calibri, sans-serif"> </p> <p style="margin:0.0in 0.0in 8.0pt;line-height:107%;font-size:11.0pt;font-family:Calibri, sans-serif"><span style="font-family:Arial, sans-serif"><span style="font-size:14.0pt;line-height:115%;font-family:'Times New Roman', serif;color:black">#LI-EC1 #LI-HYBRID</span></span></p> <p style="margin:0.0in 0.0in 8.0pt;line-height:107%;font-size:11.0pt;font-family:Calibri, sans-serif"> </p>