John Malysa, managing director and head of cash flow collateralized debt obligations at Fitch Ratings, has resigned and starts this week at Deutsche Bank. Malysa, who has a commercial mortgage-backed securities background at Fitch and only recently broadened his responsibilities to include CDOs, joins Deutsche Bank as a director in its real estate finance group. He will report to Eric Schwartz, managing director and co-head of the group. Schwartz did not return calls.
At Fitch, Malysa reported to John Schiavetta, managing director and head of the CDO group. Schiavetta did not return calls.
Although many professionals jump from the rating agencies to banks this time of year, one former colleague of Malysa's noted it is unusual to see a senior-level rating agency manager move to the Street. Malysa declined to detail why he is moving.