Associate Director, RMBS: Credit & Structuring

Fitch Ratings; New York (NY); Hybrid; USD 110,000 - 135,000; Full time

Job summary

Fitch Ratings seeks an Associate Director to lead end-to-end RMBS transaction coverage, independently assess credit, cash flow, legal, and structural risks, and present at rating committees. You will mentor analysts and engage with issuers, arrangers, and investors, driving criteria enhancements and thought leadership.

You will oversee cash flow modeling, scenario analysis, and market research, while building strong external relationships and contributing to market strategy in a hybrid work

Qualifications

• Bachelor’s degree required; CFA/FRM is a plus.
• 5–8 years of RMBS/ABS, mortgage credit, structured finance, or related capital markets roles.
• Strong analytical and quantitative skills; proficiency with cash flow modeling and large datasets.
• Excellent written and verbal communication; comfortable engaging senior external stakeholders.
• Collaborative, fast-paced environment; ability to manage multiple transactions and deadlines.

Responsibilities

• Lead end-to-end analysis and presentation of RMBS transactions including collateral, structure, and risk.
• Own cash flow modeling, scenario design, and sensitivity analysis; oversee model deployment and results interpretation.
• Present recommendations at rating committees; chair committees as needed and document decisions.
• Drive criteria application and contribute to criteria development and methodological enhancements.
• Produce high-quality research, market commentary, and issuer/investor communications.
• Manage and deepen issuer and transaction relationships; represent Fitch in external meetings.
• Coach and review work of junior analysts; ensure analytical rigor and consistency.
• Monitor market developments and translate insights into analytical viewpoints.

Skills

Analytical skills

Cash flow modeling

Stakeholder engagement

Written and verbal communication

Transaction/timeline management

Education

Bachelor’s degree

CFA/FRM (plus)

Tools

RMBS cash flow engines

Loan-level analytics

Scenario/sensitivity frameworks

Job description

Fitch Ratings seeks an Associate Director to lead end-to-end RMBS transaction coverage, independently assess credit, cash flow, legal, and structural risks, and present at rating committees. You will mentor analysts and engage with issuers, arrangers, and investors, driving criteria enhancements and thought leadership.

You will oversee cash flow modeling, scenario analysis, and market research, while building strong external relationships and contributing to market strategy in a hybrid work