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FitchPosted 1 month ago

Analyst, Model Development Team (Quantitative Analyst) - Toronto

$100,000–$100,000 year

HybridToronto, Ontario, Canada

Full TimeMasters DegreeEnterprise

Job Summary

Customize models to support ongoing deal flow for new complex financial transactions, including ABS, CMBS, and RMBS. Collaborate with ratings teams to build and maintain models that apply relevant rating criteria accurately, robustly, and efficiently. Team up with specialists to research, design, implement, and enhance models while conducting comprehensive testing and preparing documentation. Develop working knowledge of model governance frameworks and regulatory environments within the credit rating process. This role is based in the New York and Toronto offices.

Required Qualifications

  • Master's degree in quantitative disciplines such as Financial Engineering
  • Programming and model development experience in Python or Excel/VBA

Desired Qualifications

  • 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

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