Fitch Ratings is seeking an Associate Director to join the CMBS group in our New York or 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:- Fitch Ratings is a global company with a presence in over 30 countries, offering opportunities to work with diverse teams and clients from around the world.
- An opportunity to be part of a team of analysts performing CRE analysis on securities loans.
- Provide Fitch's opinions and perspectives to investors and other market participants on all North American CMBS transactions.
- A team-oriented work environment.
How You'll Make an Impact:- Identify and assess credit strengths and risks of commercial real estate properties, and the related loan structures in U.S and Canadian CRE markets, and property cash flow underwriting and valuations.
- Use quantitative skills to analyze property and loan level characteristics and industry trends.
- Communicate rating conclusions to credit committee.
- Publish detailed transaction reports, rating commentaries and research reports.
You May be a Good Fit if have:- Bachelor's degree
- 5 plus years direct experience underwriting, valuing or working out commercial real estate
- Expertise in Excel and Word.
- Strong analytical, quantitative, and organizational skills, including ability to multitask.
- Familiarity with commercial property types.
- Effective communication skills including strong writing ability.
- Ability to shift fluidly between multiple projects as priorities change.
What Would Make You Stand Out:- Securitization or capital markets experience a plus.
- Loan workout and/or lending experience a plus.
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
- Dedication to Giving Back: Paid volunteer days, matched funding for donations and ample opportunities to volunteer in your community
Fitch is committed to providing global securities markets with objective, timely, independent and forward-looking credit opinions. To protect Fitch's 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.
FOR NEW YORK AND CHICAGO ROLES: Expected base pay rates for the role will be between $110,000 and $135,000. Actual salaries will be determined on an individualized basis and may vary based on factors including but not limited to education, training, experience, past performance, and other job-related factors. Base pay is one part of Fitch's total compensation package, which, depending on the position, may also include commission earnings, discretionary bonuses, long-term incentives, and other benefits sponsored by Fitch.
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