Fitch Ratings - ABS Analyst Interview
HF
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(Baboon, 132
Points)
on 3/30/10 at 9:19am
I have an interview for an asset backed securities analyst position at fitch coming up. Does anyone know what I should expect. I'll be meeting with an HR person, hiring manager, and two MDs from the ABS group. Thanks.






Besides run of the mill fit
Besides run of the mill fit and basic technicals I'd know the flow and structure of ABS. Check out Moodys.com
You can register for a free account:
http://v3.moodys.com/registerinfo.aspx
Then go to Ratings Methodologies:
http://v3.moodys.com/researchandratings/methodolog...
Find any of the ABS products, the ratings methodology guides for ABS-type products will probably be 10-20 pages and will explain just about everything from the structure to some of the key points. I wouldn't get too caught up in the details, what you're really trying to do is have a superior (compared to other prospective monkeys) understanding of what ABS is so you can blow them out of the water with the "what do you think ABS is?" or "what do you think we do here"?
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Know how to rate crap AAA.
Know how to rate crap AAA.
Hello, I recently went on an
Hello,
I recently went on an interview (was not selected to move on) for that exact positon at Fitch.
All I can say is that they are really looking for someone who is good with databases/Oracle/SQL/Java and Visual Basic.
Also, I'm not sure if you are still in school, but they are also looking for someone who can start immediately.
No technicals.
I hope this helps.
WallStreetKid wrote: Know how
Know how to rate crap AAA.
Hahah, This made me laugh. Great comment, although not entirely true. ABS's bonds got a really bad wrap with all this mortgage crap, but in general they are worthy of that AAA rating. ABS bonds are very interesting and complex, but because of their structure and set up they are (in general) better than respective corporates.
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