Credit Analyst - Structured Finance, RMBS - Senior Analyst or Associate Director level

Location: London, GB

Fitch Ratings is currently seeking a Structured Finance (RMBS) Credit Analyst at Senior Analyst or Associate Director based out of our London office. 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.

The RMBS team is responsible for providing ratings for all securities backed by residential mortgage loans. In addition, the RMBS team is actively involved in publishing research in relation to both RMBS performance as well as mortgage market fundamentals. Within the RMBS team, the ESF Operational Risk Group (ORG) is responsible for operational risk assessments of residential and commercial mortgage loan and ABS servicers in Europe.

The successful candidate will be involved in such activities when necessary.

• A role with a wide variety of daily tasks including discussion with loan servicers, issuers, qualitative and quantitative analysis, presenting results in rating committees and writing rating reports.
• A London-based team covering UK RMBS issuers and European servicers, embedded in the wider European Structured Finance team allowing for exposure to a wide range of credit cases.
• Structured training program giving you the knowledge and skills to rate Structured Finance transactions.
• A flexible work environment with the ability to work remotely for up to two days per week.
• Occasional travel in Europe to meet with existing and prospective servicers.

• Coordinate and perform analysis of new and existing servicer rating, including collecting and analysing information received from loan servicers and updating scorecards used for servicer rating analysis.
• Perform analysis of new and monitor existing transactions including collecting and analysing portfolio data, cash flow modelling, review of legal documentation and analysis of the transaction structure for 50% of the time.
• Communicate with external parties involved in the rating process including leading management meetings.
• Present your analysis in rating committees.
• Publish rating reports and press releases.
• Potential for future participation in the publication of research on topical market developments.

• Bachelor’s degree or equivalent. Applications from individuals with additional relevant experience in place of a bachelor’s degree are welcome.
• Two or more years prior professional experience.
• Experience in the financial services industry, loan servicing, securitisation market, risk management, treasury or the mortgage industry would be advantageous.
• Strength in numeracy and proficiency with Microsoft Excel.
• Strong written and verbal communication skills.

• Strong analytical and problem-solving skills.
• Good understanding of operational risk and/or servicing market trend.
• An ability to formulate and deliver concise opinions, facts and arguments both verbally and in writing.
• Prior professional experience in loan servicing or risk management.
• Curiosity to solve complex problems using creativity and collaboration.
• Working Knowledge of Italian or Spanish.

• 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.

Fitch is proud to be an Equal Opportunity and Affidant 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.