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Associate Director - Servicer Ratings CMBS

Employer
Fitch Ratings
Location
New York City, New York (US)
Salary
Negotiable
Closing date
Mar 11, 2021

View more

Job Function
Credit Analysis, Risk Management
Industry Sector
Credit Rating Agency/Bureau
Employment Type
Full Time

Job Details

Fitch Group is a global leader in financial information services with operations in more than 30 countries.  Fitch Group is comprised of: Fitch Ratings, a global leader in credit ratings and research; Fitch Solutions, an industry-leading provider of credit risk products and services; and Fitch Learning, a preeminent training and professional development firm.  With dual headquarters in London and New York, Fitch Group is owned by Hearst. 

Fitch complies with all laws governing employment in each jurisdiction in which it operates, and provides equal opportunity to all applicants and employees.  All applications will be considered without regard to race, colour, creed, religion, gender, national origin, ancestry, citizenship status, age, disability, marital or veteran status, sexual orientation, gender identity and other status protected by applicable laws.

Fitch Ratings is adding an operational risk credit analyst in either New York, Chicago, Austin, or San Francisco to support its growing North American Commercial Real Estate Servicer Ratings team. 
 
Responsibilities: The successful candidate conducts operational risk assessments for commercial real estate loan servicers in conjunction with CMBS and structured finance ratings.  Experience with commercial real estate (CRE) lending and loan servicing, CMBS, operational risk assessments, and superior writing skills are key components of success in this role which typically requires approximately 30% travel within the U.S. and Canada. This role reports directly to the senior director of North American commercial mortgage and will be responsible for a portfolio of approximately 17 commercial mortgage servicers.

•    Analyze the quality and sufficiency of CRE loan servicers’ practices, processes and controls; assess exposure to operational risk and adequacy of controls 
•    Initiate and maintain operational risk ratings for commercial mortgage loan servicers, including preparing and presenting recommendations to a formal credit committee. 
•    Manage servicer rating relationships while engaging with senior management at the highest level of commercial loan servicing.
•    Author press releases, and full rating reports for servicers annually
•    Act as secondary analyst supporting peers during rating engagements
•    Synthesize portfolio, market, and operational data for meaningful trends; 
•    Contribute to or publish topical market commentary and research reports.
•    Represent Fitch at industry events and meetings with senior market participants
•    Participate in new issue and surveillance credit committees
•    Perform site inspections, cash flow analysis, and presale write ups for new issue CMBS as time permits.
 
The person who is best fit for this role is:

•    Has prior commercial servicing or operational risk experience
•    Familiar with US commercial real estate, performing and non-performing loan servicing, securitization, the CMBS market
•    Demonstrate superior writing and proofreading skills
•    Have strong verbal communication and interpersonal skills
•    Extremely detail oriented
•    Possess BS/BA; MBA a plus
•    Minimum of 2 years of relevant work experience in servicing, securitization, internal audit and/or compliance, structured finance, or related area.
•    Well versed in Fitch’s current research, analysis, and market commentary.
•    Enjoy working in a collaborative team environment
•    Intermediate or better Microsoft Excel skills

Company

Dual-headquartered in New York and London, 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. The additional context, perspective and insights we provide help investors to make important credit judgments with confidence.

Fitch Solutions delivers credit market data, analytical tools and risk services to the global financial community. In addition to offering proprietary market-based content, Fitch Solutions distributes the ratings, research and financial data of Fitch Ratings through a variety of flexible platforms. With innovation and experience behind every solution, Fitch Solutions helps financial professionals meet the diverse and

Fitch Learning partner with clients to enhance knowledge, skills and conduct. 

Fitch Group is a global leader in financial information services with operations in more than 30 countries.  Fitch Group is comprised of: Fitch Ratings, a global leader in credit ratings and research; Fitch Solutions, an industry-leading provider of credit risk products and services; and Fitch Learning, a preeminent training and professional development firm.  With dual headquarters in London and New York, Fitch Group is owned by Hearst. 

Fitch complies with all laws governing employment in each jurisdiction in which it operates, and provides equal opportunity to all applicants and employees.  All applications will be considered without regard to race, colour, creed, religion, gender, national origin, ancestry, citizenship status, age, disability, marital or veteran status, sexual orientation, gender identity and other status protected by applicable laws.

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 interests or any appearance of a conflict of interest. Should you be successful in the recruitment process at Fitch Ratings you will asked to declare any securities holdings and other potential conflicts for you and your Family Members prior to commencing employment. If you, or your Family Members, have any holdings that may conflict with your work responsibilities, they must be sold before beginning work. In certain roles, employees and their Family Members may be limited to investments in diversified mutual funds only.

For more information about this policy, please visit the Code of Ethics and Conduct page.

Company info
Website
Telephone
6465824558
Location
33 Whitehall Street
18th Floor
New York
NY
10004
US

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