Description

Fitch Ratings is a leading global rating agency committed to providing the worlds credit markets with accurate, timely and prospective credit opinions. Built on a foundation of organic growth and strategic acquisitions, Fitch Ratings has grown rapidly during the past decade gaining market presence throughout the world and across all fixed income markets. Fitch Ratings is dual-headquartered in New York and London, operating offices and joint ventures in more than 50 locations and covering entities in more than 90 countries. Fitch Ratings is a majority owned subsidiary of Fimalac, S.A., an international business support services group headquartered in Paris, France. Fitch is an Equal Opportunity Employer and as such we base all promotion and employment related decisions including hiring, employee treatment, training, compensation, transfer, benefits, and disciplinary action, on appropriate nondiscriminatory business factors, and is committed to ensuring equal employment and advancement opportunities for all individuals. Fitch does not discriminate in employment policies, actions, opportunities, or practices on the basis or race, color, religion, sex, national origin, age, disability, sexual orientation, marital status, pregnancy and related medical conditions, disabled or veteran status, or any other basis protected by law.

Essential Functions
The Asset Backed Securities (ABS) group at Fitch Ratings is seeking an entry-level performance analyst who would be a key contributor to the department. Primary sector coverage includes various commercial/consumer assets such as equipment lease/loan, timeshare loans, franchise loans, and auto loan ABS. Responsibilities: Provide support to more senior analysts on transaction performance reviews for a variety of asse t-backed securities Gather and analyze the latest industry, regulatory, and economic information Develop an understanding of legal and accounting issues affecting a security Run computer models and perform spreadsheet analysis to evaluate credit risk and cash flow coverage Present transaction reviews and analysis at rating committees Assist with drafting rating affirmations or other rating actions Assist with writing research reports and press releases Ensure that information displayed on Fitch's web site for transactions reviewed is correct and up to date Additional projects as assigned Requirements: Bachelors degree 0-2 years of relevant experience within the financial services industry and Bloomberg experience a plus Strong quantitative and analytical skills Ability to apply advanced mathematical concepts Proficiency in Microsoft Excel, Access, and Word Strong verbal and written communication skills Strong organizational and time-management skills Ability to work independently as well as with a team Ability to quickly respond to changing needs of the organization