Structured Finance - Asset-Backed Securities, Associate Director – Toronto

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.

Fitch Ratings is seeking an Associate Director to join the Asset-Backed Securities Group in our Toronto office. The position will be responsible for a wide range of projects including assuming a role in rating ABS transactions and authoring market commentary and research. Successful candidates should demonstrate the ability to analyze and develop credit opinions related to ABS transactions, communicate credit opinions publicly and produce research on sector trends and developments.

The position covers the U.S. ABS market, with initial emphasis on auto loan and auto lease, and equipment leasing sectors.

How You’ll Make An Impact

• Analyze the critical credit, legal and structural elements of ABS transaction structures.
• Assist in the development of ratings criteria, including writing relevant reports and developing recommendations to bolster analysis.
• Deployment and implementation of cashflow models and tools used in the rating process.
• Lead and/or support research projects.
• Maintain assigned rating relationships.

You May Be a Good Fit If

• An ideal candidate will have a BA/BS degree with a minimum of 4 years work experience with previous experience in structured finance and direct ABS experience is preferred.
• Exceptional communication (particularly in writing) and strong quantitative and technical expertise are required.
• The candidate will be self-motivated and able to manage timelines across many projects, so strong time management and organization abilities are also required.
• Successful candidates will showcase strong understanding of credit fundamentals combined with a willingness and ability to quickly learn new concepts and techniques.

What Would Make You Stand Out

• Previous experience in the Structured Finance sector from a credit perspective.
• Experience with cash flow modeling or loss forecasting analysis.

Why Choose Fitch

• Hybrid Work Environment: 2 to 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 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.