Analyst​/Senior Analyst, Model Development Team; Quantitative Analyst

Fitch Ratings
Toronto, CA; US
Hybrid

Job Description

Position: Analyst / Senior Analyst, Model Development Team (Quantitative Analyst

At Fitch, we have an open culture where employees are able to exchange ideas and perspectives, throughout the organization, irrespective of their seniority. Your voice will be heard allowing you to have a real impact. We embrace diversity and appreciate authenticity encouraging an environment where employees can be their true selves. Our inclusive and progressive approach helps us to keep a balanced perspective.

Fitch is also committed to supporting its employees by advancing conversations around diversity, equity and inclusion. Fitch’s Employee Resource Groups (ERGs) have been established by employees who have joined together as a workplace community based on similar backgrounds or life experiences. Fitch’s ERGs are available to connect employees with others within the organization to offer professional and personal support.

Analyst / Senior Analyst, Model Development Team

The Model Development Team at Fitch Ratings is currently seeking a quantitative analyst based out of our New York and Toronto office.

The Model Development Team at Fitch Ratings is responsible for the development, enhancement, and maintenance of analytical models used in the credit rating process. In particular, we are looking for a quantitative analyst to focus primarily on models in Structured Finance including ABS, CMBS, RMBS, and Structured Credit.

What We Offer

Work closely with other talented specialists in the team as well as ratings analysts

Gain valuable knowledge of credit modelling and develop a good understanding of rating methodology and criteria

Develop working knowledge of model governance framework and the regulatory environment

We’ll Count On You To

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 You Need To Have

Master’s degree in quantitative disciplines such as Financial Engineering

Programming and model development experience in Python or Excel/VBA

What Would Make You Stand Out

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

Why Fitch?

At Fitch Group, the combined power of our global perspectives is what differentiates us. Our global network of colleagues comes together to accomplish things greater than they ever could alone. Every team member is essential to our business and each perspective is critical to our success. We embrace a diverse culture that encourages a free exchange of ideas, guaranteeing your voice will be heard and your work will have an impact, regardless of seniority.

We are building incredible things at Fitch and we invite you to join us on our journey. 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 have helped fund a century of growth and enables our clients to make important credit judgements with confidence.

Fitch Group is a global leader in financial information services with operations in more than 30 countries. Wholly owned by the Hearst Corporation, we are comprised of three main businesses:

Fitch Ratings, Fitch Solutions, Fitch Learning. For more information please visit our websites: | | Fitch is committed to providing global securities markets with objective, timely, independent and forward‑looking credit…

Skills & Requirements

Technical Skills

Quantitative analysisCredit modellingRating methodologyRating criteriaModel governanceRegulatory environmentCustomizing modelsOngoing deal flowComplex financial transactionsRatings teamsBuilding and maintaining modelsResearchDesignImplementationEnhancementComprehensive testingModel documentationTrainingsResearch projectsUser/client supportPythonExcelVbaCredit riskFinancial/cashflow modellingCommunicationProblem solvingCritical thinkingTeamworkStructured financeAbsCmbsRmbsStructured credit

Employment Type

FULL TIME

Level

senior

Posted

4/11/2026

Apply Now

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