Structured Finance - RMBS, Senior Analyst - Chicago

This job is with Fitch Group, an inclusive employer and a member of my Gwork – the largest global platform for the LGBTQ+ business community. Please do not contact the recruiter directly.

As one of the world’s top three credit ratings agencies, Fitch Ratings plays a critical role in global capital markets by providing supplementary credit analysis, ratings, research, and commentary to financial market participants. For over 100 years, Fitch Ratings has been creating value for global markets through its rigorous analysis and deep expertise, which have resulted in a variety of market leading tools, methodologies, indices, research, and analytical products.

Fitch Ratings is part of Fitch Group, a global leader in financial information services with operations in more than 30 countries, which also includes Fitch Solutions. With dual headquarters in London and New York, Fitch Group is owned by Hearst.

At Fitch Ratings, credit analysts play a pivotal role in moving markets, as quality credit analysis is the lifeblood of our organization. With a legacy of over a century, our unique approach to credit ratings offers unmatched opportunities for professional growth. Embracing a “challenger mindset,” you'll join a team dedicated to innovating service to our clients. Our people-driven analysis thrives on collaboration across all levels and locations, surpassing traditional financial modeling.

Lastly, as part of our global community, you'll find inspiration, challenge, and support, with ample opportunities for visibility and influence in the global financial marketplace.

Want to learn more about a career as a credit analyst at Fitch Ratings? Visit:  (Use the "Apply for this Job" box below)..group

Fitch Ratings is seeking a Senior Analyst to join the Residential Mortgage-Backed Securities Group (RMBS) in our Chicago office.

About the Team:

The U.S. Residential Mortgage-Backed Securities (RMBS) group is adding a Credit Analyst or a Senior Credit Analyst to its growing team. This position will collaborate with more senior analysts on transaction analysis; run computer 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 residential mortgage-backed transactions

Assist in the development of ratings criteria, including writing relevant reports and developing recommendations to bolster analysis

Produce quality internal and external written reports including credit committees, criteria, special reports and market commentary

Communicate Fitch rating methodology and criteria to issuers and investors

Deployment and implementation of cashflow models and tools used in the rating process

Lead and/or support research projects

Maintain assigned rating relationship

You May be a Good Fit if:

You have a bachelor's degree at minimum

You have 2-3 years of relevant experience (excluding internships)

Experience in capital markets, mortgage markets, and/or credit analysis is a plus

You possess strong analytical, quantitative, and organizational skills

You have excellent written and verbal communication skills

You have the ability to excel in a team-oriented environment

What Would Make You Stand Out:

Analyzing critical credit, legal, and structural elements of residential mortgage-backed transactions

Assisting in the development of ratings criteria, including writing relevant reports and developing recommendations to enhance analysis

Producing high-quality internal and external written reports, including credit committees, criteria documents, special reports, and market commentary

Communicating Fitch's rating methodology and criteria to issuers and investors effectively

Deploying and implementing cashflow models and tools used in the rating process

Leading and/or supporting research projects

Maintaining assigned rating relationships

Why Choose Fitch:

Hybrid Work Environment: 3 days a week in office required based on your line of business and…