About this role
About the Role The Model Development Team is seeking a quantitative analyst to develop, enhance, and maintain analytical models used in Fitch Ratings’ credit rating process, with a focus on Structured Finance including ABS, CMBS, RMBS, and Structured Credit. The role is based in Toronto and supported by Fitch’s New York and Toronto offices. What You'll Do
- Customize models to support ongoing deal flow for new complex financial transactions.
- Collaborate with ratings teams to build and maintain models that apply the relevant rating criteria accurately, robustly and efficiently.
- Work with other specialists to research, design, implement and enhance models, conduct comprehensive testing, and prepare model documentation.
- Contribute to team initiatives such as trainings, research projects and user/client support. What We're Looking For
- Master’s degree in quantitative disciplines such as Financial Engineering.
- Strong programming experience in Python or Excel/VBA.
- Model development experience; exposure to credit risk or financial/cashflow modelling is a plus.
- Strong verbal and written communication skills; ability to convey technical concepts clearly.
- Self-motivated with ability to manage timelines across multiple projects; strong work ethic and team player. Nice to Have
- Prior experience in credit risk or financial/cashflow modelling; exposure to Excel/VBA/Python. Compensation & Benefits
- Expected base pay for Toronto role: between $100,000 and $115,000 per year (salary not including other compensation).
- Base pay is part of Fitch’s total compensation package; Fitch is an equal opportunity employer.