Structured Finance CMBS, Associate Director, Surveillance Chicago
Chicago, IL - USA
Job Summary
Structured Finance Credit Analyst Associate Director CMBS (Surveillance)
As one of the worlds 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 youll join a team dedicated to innovatingservice 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 youll find inspiration challenge and support with ample opportunities for visibility and influence in the global financial marketplace.
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Fitch Ratings is adding a highly motivated commercial real estate finance professional to analyze commercial mortgage-backed securities in our New York / Chicago office.
Successful candidates should demonstrate the ability to analyze and develop credit opinions relating to CMBS transactions communicate credit opinions to the public and publish research on transactions and industry trends.
About the Team:
Join a team focused on providing Fitchs opinions and commentary regarding transactions and ratings within the Commercial Real Estate (CRE) sector to investors and market participants. Our teams responsibilities include a diverse portfolio of CRE including multi- and single-borrower transactions CRE CLO and Data Centers across North America. Foster a collaborative and team-oriented work environment.
How Youll Make an Impact:
- Identify and assess credit strengths and risks of U.S and Canadian commercial real estate properties including market analysis property-level fundamentals and industry-specific trends that may impact loan performance. (30%)
- Use quantitative skills to analyze property loan-level and portfolio-level characteristics as well as industry trends within an assigned portfolio. Includes detailed property cash flow analysis and updated property valuations on performing and non-performing loans. (30%)
- Prepare detailed committee materials and communicate rating conclusions to creditcommittee. (20%)
- Publish detailed rating commentaries and research reports. (10%)
- Mentor or manage junior analysts. (10%)
You May be a Good Fit if:
- You hold a bachelors degree with preference for a degree in finance real estate or a related field.
- You have 5 to 7 years experience in commercial real estate underwriting valuation or loan workouts.
- You demonstrate advanced expertise in Excel and Word experience in financialmodeling a plus.
- You have strong analytical quantitative and organizational skills with the ability to manage multiple priorities.
- You have experience across various commercial property types.
- You exhibit excellent written and oral communication skills for committee presentations and external engagement.
What Would Make You Stand Out:
- Securitization or capital markets experience.
- Loan workout and/or lending experience.
Why Choose Fitch:
- Hybrid Work Environment: 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
Fitch is committed to providing global securities markets with objective timely independent and forward-looking credit opinions. To protect Fitchs 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.
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Required Experience:
Director
About Company
We have breadth and depth across our global team, allowing us to deliver value to our clients. We employ more than 5,000 people in 31 countries, including nearly 1,700 analysts.