Analyst, Model Development Team (Quantitative Analyst) - Toronto

Fitch Ratings is a provider of credit ratings, commentary, research, and analytical insights for global credit markets. The Model Development Team is seeking an Analyst or Senior Analyst to develop, enhance, maintain, and customize quantitative models for structured finance transactions, while collaborating with ratings teams and supporting testing, documentation, research, training, and user support.

What you'll do:

• Customize models to support ongoing deal flow for new complex financial transactions
• Collaborate with the ratings teams to build and maintain models that apply the relevant rating criteria accurately, robustly and efficiently
• Team up with other talented specialists to research, design, implement and enhance models, conduct comprehensive testing, and prepare model documentation
• Leverage the opportunity to contribute to other team initiatives such as trainings, research projects and user/client support

What they're looking for:

• Master's degree in quantitative disciplines such as Financial Engineering
• Programming and model development experience in Python or Excel/VBA
• Prior experience in credit risk or financial/cashflow modelling, including exposure to Excel/VBA/Python
• Strong verbal and written communication skills; ability to convey technical concepts clearly
• Ability to solve problems using critical, rational and creative thinking
• Self-motivated with ability to manage timelines across multiple projects
• Strong work ethic and strong team player

Benefits:

• You will gain valuable knowledge of credit modelling and develop a good understanding of rating methodology and criteria.
• You will develop working knowledge of model governance framework and the regulatory environment.
• Fitch’s ERGs are available to connect employees with others within the organization to offer professional and personal support.