Logo of Huzzle

Senior Analyst - Structured Credit - Madrid

Applications are closed

  • Job
    Full-time
    Mid Level
  • Data
    Banking & Finance
  • Madrid

Requirements

  • This is a demanding and exciting role, so we are looking for highly motivated candidates
  • The successful candidate should have some prior experience in finance
  • Knowledge of securitisation structures would be beneficial
  • Candidates will be highly numerate and analytical, with advanced Excel skills
  • The role also involves analysis of legal transaction documents. While no legal background is required successful candidates should be able to review and analyse legal contracts from a credit risk perspective
  • A central element of the position is communicating your analysis, both internally and externally. Therefore, candidates should have excellent written and oral communication skills in English
  • Other European languages are desirable

Responsibilities

  • Implement default, recovery, and cash flow modelling
  • Reviewing transaction legal documents
  • On-site review of underwriting and servicing of transaction originators
  • Preparing rating proposals for presentation to internal rating committees
  • Communicating rating rationale to investors and other market participants through presale reports, presentations, and meetings
  • Communicating with transaction arrangers and originators to understand asset characteristics and structural features of the transactions
  • Assist in the development of criteria and supporting research

FAQs

What role is Fitch hiring for in Madrid?

Fitch is hiring for the position of Senior Analyst - Structured Credit in Madrid.

What kind of transactions will the successful candidate be analyzing?

The successful candidate will be analyzing transactions backed mainly by mortgage loans and consumer loans, as well as Spanish Covered Bond (CvB) programmes.

What are the main asset classes that the Structured Finance team focuses on?

The Structured Finance team focuses on Asset Backed Securities, Residential Mortgage Backed Securities, Commercial Mortgage Backed Securities, and Structured Credit.

What qualifications are required for this position?

Candidates should have prior experience in finance, be highly numerate and analytical with advanced Excel skills, and be capable of reviewing and analyzing legal documents from a credit risk perspective.

Are communication skills important for this role?

Yes, excellent written and oral communication skills in English are essential for the role, along with proficiency in other European languages being desirable.

What kind of modeling will the Senior Analyst be implementing?

The Senior Analyst will implement default, recovery, and cash flow modeling.

How many analysts are currently on the Madrid-based SF & CvB team?

There are currently nine analysts on the Madrid-based Structured Finance & Covered Bonds team.

Does Fitch value a diverse workplace culture?

Yes, Fitch embraces a diverse culture that encourages a free exchange of ideas and values each team member's perspective.

In what capacity will the analyst interact with investors and market participants?

The analyst will communicate rating rationale to investors and other market participants through presale reports, presentations, and meetings.

What is Fitch's commitment regarding equal opportunity employment?

Fitch is proud to be an Equal Opportunity and Affirmative Action Employer, evaluating applicants without regard to various protected statuses.

Finance
Industry
1001-5000
Employees
1913
Founded Year

Mission & Purpose

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 Group is a global leader in financial information, providing critical insights that inform better decision-making in financial markets. 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 authority in credit and macro intelligence providing fixed-income products and services to the global financial community; and Fitch Learning, a preeminent source of training and professional development. Fitch Group is owned by Hearst, a leader in diversified media, information and services.

Get notified when Fitch Ratings posts a new role

Get Hired with Huzzle

Discover jobs with AI-powered precision. Autofill and track applications, create tailored resumes, and find the best opportunities across the web – all by simply chatting.

Already have an account?