Senior Analyst
hace 3 semanas
Senior Analyst - Structured Credit - MadridThis job is with Fitch Group, an inclusive employer and a member of myGwork – the largest global platform for the LGBTQ+ business community. Please do not contact the recruiter directly.Structured Finance is currently seeking a Credit AnalystFitch’s European Structured Finance (SF) team maintains and assigns ratings to SF transactions across four main asset classes: Asset Backed Securities, Residential Mortgage Backed Securities, Commercial Mortgage Backed Securities and Structured Credit. The team currently maintains surveillance on over 1,500 European SF transactions.Furthermore, the Covered Bonds (CvB) team maintains about 100 public ratings mainly in Europe, but also in Americas and Asia-Pacific. The Madrid-based SF & CvB team comprises currently nine analysts and it is responsible for assigning and maintaining ratings on approximately 130 Iberian transactions.What We Offer:We are currently seeking either an Analyst or Senior Analyst Level Credit Analyst to join the European Structured Finance team.The successful candidate will be part of a team of analysts rating transactions mainly backed by mortgage loans and consumer loans. The team also rates Spanish CvB programmes.The team analyses transactions in line with Fitch’s rating criteria and provides high-quality credit opinions to investors and other market participants.We’ll Count on You To:Implement default, recovery, and cash flow modelling.Conduct on-site reviews of underwriting and servicing of transaction originators.Prepare rating proposals for presentation to internal rating committees.Communicate rating rationale to investors and other market participants through presale reports, presentations, and meetings.Communicate with transaction arrangers and originators to understand asset characteristics and structural features of the transactions.Assist in the development of criteria and supporting research.What You Need to Have:This is a demanding and exciting role, so we are looking for highly motivated candidates.The successful candidate should have some prior experience in finance.Knowledge of securitisation structures would be beneficial.Candidates will be highly numerate and analytical, with advanced Excel skills.The role also involves analysis of legal transaction documents. While no legal background is required, successful candidates should be able to review and analyse legal contracts from a credit risk perspective.What Would Make You Stand Out:A central element of the position is communicating your analysis, both internally and externally. Therefore, candidates should have excellent written and oral communication skills in English.Other European languages are desirable.Why Fitch?At Fitch Group, the combined power of our global perspectives is what differentiates us. Our global network of colleagues comes together to accomplish things greater than they ever could alone.Every team member is essential to our business and each perspective is critical to our success. We embrace a diverse culture that encourages a free exchange of ideas, guaranteeing your voice will be heard and your work will have an impact, regardless of seniority.Fitch Ratings is a leading provider of credit ratings, commentary, and research. Dedicated to providing value beyond the rating through independent and prospective credit opinions, Fitch ratings offers global perspectives shaped by strong local market experience and credit market expertise.For more information, please visit our websites.Fitch Group 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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