Director, Residential Mortgage-Backed Securities - New York, NY

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/content/Credit-Analysts/

About

About the Team

The credit analyst would join the Operational Risk team within the North American Residential Mortgage Backed Securities (RMBS) group. The Operational Risk team supports the RMBS group by providing value-added opinion on key counterparts, such as mortgage servicers, originators and aggregators. The role offers the opportunity to work directly with senior executives and staff at major mortgage servicers, originators and aggregators.

How You’ll Make An Impact

• Lead and manage operational risk reviews, primarily for residential mortgage loan servicers, including preparing and presenting recommendations to a formal credit committee within set timelines.
• Produce quality internal and external written reports, including credit committees, press releases, rating reports, special reports and market commentary.
• Communicate effectively Fitch’s rating assessment and rating criteria externally.
• Manage key relationships while engaging with senior management at the covered firms.
• Requires approximately 15-20% travel within the U.S. and Canada.
  
  

You May Be a Good Fit If

• Ideal candidate will have a BA/BS with a minimum of 5 years of experience in U.S. residential real estate lending or servicing, and conducting operational risk assessments.
• Understanding of RMBS and role of RMBS servicers.
• Must have strong communication, presentation and writing skills.
• Self-motivated with strong organizational and time management skills as role requires managing multiple projects.
• Ability to thrive in a team-oriented environment.
• Proficient in Microsoft Office products, particularly Excel and Word.
  
  

What Would Make You Stand Out

• Ability and willingness to be flexible when priorities change.
• Direct experience in residential mortgage loan servicing.
  
  

Why Choose Fitch

• Hybrid Work Environment: 3 days a week in office required
• 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.

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.

Expected base pay rates for the role will be between $150,000 and $175,000 per year. 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.