Structured Finance - CMBS, Associate Director - New York

Fitch Ratings; New York (NY); On-site; USD 100,000 - 140,000; Full time

Benefits offered by this job

Hybrid Work Environment

Retirement planning

Tuition reimbursement

Job summary

Fitch Ratings is searching for an Associate Director in their New York office to analyze CMBS transactions. The ideal candidate will have over 5 years of experience in commercial real estate, excellent communication skills, and strong analytical abilities.

This role involves critical responsibilities such as developing credit opinions, publishing research, and collaborating with teams globally in a hybrid work environment. The successful candidate will thrive in a multicultural team oriented towards innovative client solutions.

Qualifications

• 5+ years of direct experience in commercial real estate.
• Strong analytical, quantitative, and organizational skills.
• Ability to multitask and manage multiple projects.

Responsibilities

• Analyze and develop credit opinions for CMBS transactions.
• Publish detailed transaction reports and research.
• Communicate rating conclusions to credit committee.

Skills

Direct experience underwriting, valuing or working out commercial real estate

Expertise in Excel

Strong analytical skills

Effective communication skills

Job description

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Structured Finance - CMBS, Associate Director - New York

Requisition ID: 50046

Business Unit: Fitch Ratings

Category: Credit Analysis & Research

Location: New York, NY, US

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.

Fitch Ratings is seeking an Associate Director to join the CMBS group in our New York 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 you have:

• 5+ 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 an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability, protected veteran status, sexual orientation, gender expression, gender identity or any other characteristic protected by law.

FOR NEW YORK AND CALIFORNIA ROLES ONLY: Expected base pay rates for the role will be between x and y. 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.