Analyst, Structured Finance, Sydney (19061)

  • Competitive
  • Sydney, New South Wales, Australia Sydney New South Wales AU
  • Permanent, Full time
  • Fitch Ratings
  • 19 Sep 18 2018-09-19

Analyst, Structured Finance, Sydney (19061)

Company Overview:

Fitch Group is a global leader in financial information services with operations in more than 30 countries. Fitch Group is comprised of: Fitch Ratings, a global leader in credit ratings and research; Fitch Solutions, a leading provider of credit market data, analytical tools and risk services; and Fitch Learning, a preeminent training and professional development firm. With dual headquarters in London and New York, Fitch Group is owned by Hearst.

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 has helped investors fund a century of growth and make important credit judgments with confidence.

Fitch complies with all laws governing employment in each jurisdiction in which it operates, and provides equal opportunity to all applicants and employees. All applications will be considered without regard to race, colour, religion, gender, national origin, age, disability, marital or veteran status, sexual orientation, and other status protected by applicable laws.

Department overview:

Fitch's Structured Finance team maintains existing ratings and assigns new ratings to new structured finance transactions. The Australian and New Zealand Structured Finance team currently rate transactions across three main asset classes: Asset Backed Securities, Residential Mortgage Backed Securities and Commercial Mortgage Backed Securities.

Responsibilities:

  • Ensure all structured finance transactions are reviewed on a continuous 12 month schedule and all transactions have been reviewed at least once a year by the due date which include;
    • Performing data analysis in excel
    • Executing Fitch generated models
    • Preparing analytical documentation based on Fitch templates
    • Presenting analytical documentation to committee
    • Preparing press releases based on Fitch templates
  • Assist with the rating of new transactions
  • Contribute and communicate comments and opinions in committee effectively
  • Ensure rating actions are released on a timely basis
  • Provide timely market/transaction performance commentary
  • Represent Fitch to external parties
  • Manage queries from issuers/bankers/investors - communicate effectively with external transaction parties
  • Participate in originator/servicer review meetings
  • Ensure accuracy on reporting systems is maintained and data is updated in accurate and timely manner
  • Manage completion of adhoc reporting and issues as they regularly come up. Anticipate and question issues within deals on a timely manner
  • Adhoc projects/reporting
  • Author reports

Qualifications and experience:

  • Undergraduate degree in a finance related discipline
  • A minimum of 18 months experience with a financial institution working in the mortgage or asset finance departments (preference in a credit or analytical related role) where the role required
    • The candidate to work in excel to manipulate, transform and perform calculation to generate an analytical result to support their proposal / recommendations
    • The candidate to prepare documentation to support their proposals / recommendations
  • Intermediate excel skills with knowledge of following functionality [vlookup(), sumif(), if(), index(), match() etc.
  • A high level of attention to detail
  • An analytical individual who enjoys working with spreadsheets to generate a solution / result
  • A self-motivated individual with good judgment in knowing when to ask for assistance and when to act independently
  • Ability to present to peers and senior management
  • Good interpersonal skills with the ability to explain a complicated idea succinctly
  • The ability to work towards deadlines
  • The ability to work as a team and independently as required