Structured Finance - ABS, Analyst - Toronto

Fitch Group; Toronto; Hybrid; CAD 100,000 - 125,000; Full time

Job summary

A leading credit ratings agency in Toronto is seeking an Analyst for its Asset-Backed Securities group. The role focuses on analyzing ABS transactions and supporting rating workflows. Candidates should have a BA/BS degree and at least 3 years of relevant experience. Strong communication skills and comfort with large datasets are essential. This position offers a hybrid work environment and focuses on professional growth within a collaborative team.

Benefits

Hybrid Work Environment

Culture of Learning & Mobility

Retirement planning and tuition reimbursement

Comprehensive healthcare offerings

Supportive Parenting Policies

Inclusive Work Environment

Qualifications

• At least 3 years of relevant work experience (excluding internships).
• Eager to learn new concepts and grow expertise.
• Comfort analyzing large datasets and deriving conclusions.

Responsibilities

• Analyze key credit, legal, and structural aspects of ABS transactions.
• Support rating workflows by assisting in the analysis of ABS transactions.
• Utilize cashflow models to form opinions on future performance.
• Stay updated on sector trends and communicate findings.
• Contribute to research reports focused on sector trends.

Skills

Strong written and verbal communication skills

Analysis of large datasets

Understanding of finance fundamentals

Interpersonal skills

Education

BA/BS degree

Job description

Overview

As one of the world’s 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,” you''ll join a team dedicated to innovating service 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, you''ll find inspiration, challenge, and support, with ample opportunities for visibility and influence in the global financial marketplace.

Want to learn more about a career as a credit analyst at Fitch Ratings? Visit: https://careers.fitch.group

Fitch Ratings is seeking an Analyst to join its Asset-Backed Securities (ABS) group in our Toronto office.

The position provides opportunities to grow credit understanding across consumer ABS through monitoring macro trends and impacts to pool and ABS rating performance. The analyst will join a growing team covering consumer sectors such as auto loan and lease, credit cards, and unsecured installment loans.

About the Team:

• Develop your presence in the ABS market while broadening your knowledge across different sectors, structures, and markets.
• Join a collaborative, global team dedicated to producing timely, insightful, and forward-looking credit analysis and research that informs the debt capital markets.

How You’ll Make an Impact:

• Analyze key credit, legal, and structural aspects of ABS transactions.
• Support rating workflows by assisting in the analysis and monitoring of a portfolio of ABS transactions.
• Utilize cashflow models to help form opinions on future performance.
• Stay up to date on sector trends and communicate your findings effectively within the team and to external stakeholders.
• Contribute to research reports and special projects focused on sector trends.

You May be a Good Fit if:

• You hold a BA/BS degree and have at least 3 years of relevant work experience (excluding internships).
• You have strong written and verbal communication skills.
• You are comfortable analyzing large datasets and deriving meaningful conclusions.
• You enjoy working collaboratively and have strong interpersonal skills.
• You have a good understanding of finance fundamentals and current economic conditions.
• You are eager to learn new concepts, ask questions, and grow your expertise.

What Would Make You Stand Out:

• Direct experience with ABS credit or structured finance is a plus, but not required.
• Thoughtful perspectives on economic trends and their impact on consumer credit performance.
• Passion for analysis, attention to detail, and a desire to build a career in credit research and ratings.

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 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.

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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