Moody's Investors Service is seeking to expand its structured finance teams in Europe with an emphasis on hiring for the London, Milan, Paris and Frankfurt offices, according to Andrew Farr, the agency's structured finance recruitment specialist in London. The credit derivatives, collateralized debt obligation and asset-backed securities teams will all increase their headcount. The additions are being made in response to the explosive growth in demand for structured deals, he added.
Farr said the number of analysts to be added is flexible, but notes the agency likely will make three or four new hires by year-end. Next year's hiring agenda has not been finalized yet but will be geared toward fairly large growth, according to Farr. Moody's has 82 analysts covering structured finance across Europe.
