Moody's Investors Service announced the appointment of Jonathan Polansky, who is now the group managing director of the rating agency's asset finance group, to the newly created role of structured finance global surveillance coordinator. In his new role, Polanksy will work closely with the rating agency's surveillance and line of business managers to monitor outstanding Moody's-rated structured transactions.
"Over the past several years, as the number of rated deals outstanding has grown rapidly, so has our investment of resources in the monitoring of those ratings," said Moody's Executive Vice President Noel Kirnon. "We have transferred a significant number of analysts and management resources to surveillance teams globally, and this latest appointment is another example of our commitment to this important area."
According to a release from the rating agency, surveillance managers across all structured finance business lines, including ABS, RMBS and CMBS as well as derivatives will report to Polansky.
Polansky was an analyst in Moody's U.S. derivatives group from 1997 to 1999 and rejoined to manage CDO surveillance in 2003 after four years as co-head of the structured products group at Triton Partners. Polansky was promoted to team managing director in 2005 and to group managing director of asset finance in January 2008.
Before Moody's, Polansky analyzed bank loan portfolios for Loan Pricing Corp., served as a vice president at the Yasuda Trust and Banking Co., and worked as a middle market lending officer for the Bank of New York.