TSI Partners

Fitch Ratings – a branch of Fitch Ratings Ireland Limited

Neue Mainzer Straße 46-50
60311 Frankfurt am Main

Tel: +49 69 768076 0
Fax: +49 69 768076 20


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Susanne Matern
Managing Director, Head of EMEA Structured Finance
Fitch Ratings – a branch of Fitch Ratings Ireland Limited
Susanne Matern heads Fitch’s European Structured Finance Ratings Group, which operates from offices in London, Frankfurt, Madrid, Milan and Paris. The Structured Finance group rates asset-backed securities (ABS), asset-backed commercial paper (ABCP), residential mortgage-backed securities (RMBS), commercial mortgage-backed securities (CMBS) and collateralized debt obligations (CDOs). In her role, Susanne is responsible for managing the EMEA analytical team; overseeing all rating related functions including criteria, research, and analytical development; and interacting with market participants.
Prior to assuming her current role, Susanne was in charge of the ratings group covering Structured Finance in continental Europe and Covered Bonds in German speaking Europe. Susanne started her career at Fitch in 2005 as a Structured Finance analyst. In the past, she has presented at the German and Austrian Central banks and has been a guest lecturer in finance at the University of St. Gallen.
Eberhard Hackel
Senior Director
Fitch Ratings – a branch of Fitch Ratings Ireland Limited
Eberhard Hackel is a Senior Director in Fitch Ratings’ European structured finance group and head of the Frankfurt based structured finance team. The team is primarily dealing with European ABS, RMBS and CDO transactions with a regional focus on Germany, Switzerland, Austria, the Netherlands, Ireland, Eastern Europe and Scandinavia.

Before joining Fitch in 2008, Eberhard worked in the risk controlling department of Landesbank Hessen-Thüringen (Helaba). His responsibilities included measuring the Helaba group’s market risk and working with German regulators supervising Helaba’s internal market risk model.

Eberhard holds a diploma in business administration from the University of Göttingen and has earned the FRM certification of the Global Association of Risk Professionals.

Company profile

Fitch Ratings was founded in 1913 and is one of the three major international full service rating agencies. Fitch Ratings is a leading provider of credit ratings, commentary and research. Fitch Group is a global leader in financial information services with operations in more than 30 countries.


Fitch Group is comprised of:
  • Fitch Ratings, a global leader in credit ratings and research;
  • Fitch Solutions, a leading provider of credit market data, analytical tools and risk services;
  • BMI Research, an independent provider of country risk and industry analysis specializing in emerging and frontier markets; and
  • Fitch Learning, a preeminent training and professional development firm. With dual headquarters in London and New York, Fitch Group is majority owned by Hearst.

Since 1999 Fitch Ratings has an office in Frankfurt/Main (Germany) with approximately 50 employees. The analysts cover sovereigns, insurers, banks, corporates and structured finance deals.


The sector Structured Finance is divided into the following groups:
  • Asset Backed Securities (ABS) Group
  • Commercial Mortgage Backed Securities (CMBS) Group
  • Residential Mortgage Backed Securities (RMBS) Group
  • Structured Credit Group

The Frankfurt Team has experts for all asset classes, who are mainly responsible for transactions originating from Germany, Austria and Switzerland.