Structured Finance - RMBS, Director

About This Role

Driving criteria application and contributing to criteria development and methodological enhancements is a key part of this Director role within the Residential Mortgage-Backed Securities Group (RMBS). The position involves leading end-to-end analysis and presentation of complex RMBS transactions, independently assessing credit, cash flow, legal, and structural risks, and engaging with issuers, arrangers, and investors.

Responsibilities

• Lead primary and surveillance analysis of RMBS transactions, including collateral, structural, legal, and counter party assessments
• Own cash flow modeling, scenario design, and sensitivity analysis
• Oversee model deployment and results interpretation
• Present recommendations at rating committees
• Chair committees as needed and document decisions to a high standard
• Drive criteria application and contribute to criteria development and methodological enhancements
• Produce high-quality research, market commentary, and issuer/investor communications
• Manage and deepen assigned issuer and transaction relationships
• Represent Fitch in external meetings and conferences
• Coach and review the work of junior and senior analysts to ensure analytical rigor and consistency
• Monitor market developments, performance trends, and regulatory changes
• Translate insights into analytical viewpoints

Requirements

• 8+ years of relevant experience in RMBS/ABS, mortgage credit, structured finance, or closely related capital markets roles
• Bachelor’s degree
• Strong analytical and quantitative skills, including proficiency with cash flow modeling and large datasets
• Excellent written and verbal communication skills
• Comfortable engaging senior external stakeholders
• Ability to thrive in a collaborative, fast-paced environment and manage multiple transactions and deadlines

Nice to have:

• Advanced degree and/or CFA/FRM
• Direct lead experience on RMBS new-issue and surveillance mandates, including presenting or chairing rating committees

About the Company

Fitch Ratings is one of the world’s top three credit ratings agencies, providing credit analysis, ratings, research, and commentary to financial market participants. It is part of Fitch Group, a global leader in financial information services with operations in more than 30 countries, which also includes Fitch Solutions. Fitch Group is owned by Hearst and has dual headquarters in London and New York.