Credit Analyst - RMBS - New York, NY
About the position Fitch Ratings is seeking a Credit Analyst to join the Residential Mortgage-Backed Securities Group (RMBS) in our New York office. 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. Responsibilities • 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 relationships Requirements • You have a bachelor's degree at minimum • You have 1-3 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 Nice-to-haves • 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 Benefits • Hybrid Work Environment: 2 to 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 Apply tot his job