5+ years of corporate finance experience in the Midstream and Energy sector
Strong analytical, quantitative, and organizational skills
Expertise in Excel and Word
Excellent written and verbal communication skills
Ability to manage multiple projects and priorities
Bachelor's degree required; MBA or advanced degree preferred
CFA/CPA or CFA candidate preferred
Responsibilities
Analyze quantitative and qualitative factors affecting credit quality in the Midstream sector
Develop and maintain detailed financial models
Conduct meetings with industry management teams
Present analyses to internal credit rating committees
Communicate rating rationale to external audiences
Write timely research on relevant issues
Mentor junior team members
Represent Fitch at industry panels and conferences
Benefits
Opportunity to be a lead coverage analyst at a global rating agency
Team-oriented work environment
Global presence with opportunities to work with diverse teams and clients
Full Job Description
Fitch's North American CIPF Group is seeking an Associate Director to join the Energy team, with a strong focus on Midstream, based in our New York, Toronto, Chicago or Austin office.
Qualitative credentials will weigh meaningfully in the selection of the candidate. A healthy sense of intellectual curiosity is critical, along with a demonstrated willingness and ability to attack and explain topics of analytical complexity. Fitch is a team-oriented work environment, so excellent communication skills are essential, as is a high-productivity work ethic and results-oriented mindset.
What We Offer:
Fitch Ratings is seeking a senior credit analyst with 5+ years of solid corporate finance experience in the Midstream and broader Energy sector. The primary responsibilities of the successful candidate will be to focus on the analysis, execution and rating of a portfolio of US and Canada Midstream credits / transactions. As an Associate Director, you will have the:
An opportunity to be a lead coverage analyst at a global rating agency.
A team-oriented work environment.
Fitch Ratings is a global company with a presence in over 30 countries, offering opportunities to work with diverse teams and clients from around the world.
We'll Count on You To:
Perform analysis of key quantitative and qualitative factors influencing credit quality of companies within the Energy team, with a primary focus on Midstream;
Develop and maintain comprehensive financial models;
Conduct meetings with Midstream and broader Energy industry management teams;
Present analysis of companies to internal credit rating committees;
Be involved in communicating rating rationale to external audiences, primarily institutional investors, sell-side analysts, and media, in meetings, conference calls, press releases, and written research reports;
Write timely and effective research on topical issues;
Participate in the evaluation of other credits within CIPF, as well as other related credit groups;
Represent Fitch in panel discussions and conferences arranged by industry associations, regulatory bodies, etc.;
Mentor junior members of the Energy team;
The role may include managerial responsibilities.
What You Need to Have:
5+ years of relevant experience, with some coverage or knowledge of the Energy sector, particularly Midstream, a plus;
Capital markets and/or credit analysis experience a plus;
Expertise in Excel and Word;
Strong analytical, quantitative, and organizational skills;
Excellent written and verbal communication skills;
Ability to shift fluidly between multiple projects as priorities change;
Ability to excel in a team-oriented environment.
What Would Make You Stand Out:
Bachelor's degree at minimum, MBA or other advanced degree a plus;
CFA/CPA or CFA candidate preferred;
Some knowledge of and a keen interest in learning more about the Energy sector, especially Midstream;
Professional background in capital markets and/or credit analysis and well-developed financial statement analysis skills;
Exposure to project finance and/or infrastructure credit analysis is a plus; experience gained in a bank credit department, rating agency, buy-side credit team, or similar environment would be beneficial.
Ratings advisory work is a plus.
Familiarity with complex financing structures and experience interpreting legal documents such as bank agreements and bond indentures would be advantageous.
A broader interest in infrastructure and project finance, particularly where relevant to energy-related assets, would be beneficial.
Desire to deepen their exposure to and understanding of the debt capital markets;
A strong pattern of leadership and the ability to proactively and successfully interact with various stakeholders, both within and outside of the organization.
About Fitch
Fitch Ratings Inc. is a credit rating agency and a subsidiary of Fitch Group, which is owned by Hearst Corporation. Fitch Ratings is headquartered in New York City and London. The company was founded by John Knowles Fitch on December 24, 1913 in New York City as the Fitch Publishing Company. It merged with London-based IBCA Limited in December 1997. In 2000 Fitch acquired both Chicago-based Duff & Phelps Credit Rating Co. (April) and Thomson BankWatch (December). Fitch Ratings is one of the three nationally recognized statistical rating organizations (NRSRO) designated by the U.S. Securities and Exchange Commission in 1975, together with Moody's and Standard & Poor's.
