Fitch

Director, Fund & Asset Manager Ratings - Toronto

Fitch$175K — $190K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • 5-7 years of experience in finance with a focus on funds or structured transactions.
  • Bachelor's degree in finance, economics, statistics, accounting, or computer science.
  • Strong analytical skills, particularly with Excel.
  • Exceptional written and verbal communication capabilities.
  • Exposure to fund finance or debt transactions is an advantage.

Responsibilities

  • Analyze factors impacting credit quality of funds and structured deals.
  • Review legal documentation including prospectuses and indentures.
  • Develop and maintain financial models and databases.
  • Engage in due diligence reviews with fund managers.
  • Present rating recommendations to internal committees.
  • Contribute to research on trends affecting asset management.
  • Attend industry events and build networks with market participants.

Benefits

  • Hybrid work model with 3 days in the office required.
  • Comprehensive learning and development programs.
  • Retirement planning and tuition reimbursements.
  • Comprehensive health and wellbeing offerings.
  • Family-friendly parental leave policies.
  • Inclusive culture promoting diversity and employee resource groups.
  • Opportunities for community engagement through paid volunteer days.
Full Job Description
Fitch Ratings' Funds & Asset Management group is currently seeking a Director.

As one of the world's top three credit ratings agencies, Fitch Ratings plays a critical role in global capital markets by providing supplementary credit analysis, ratings, research, and commentary to financial market participants. For over 100 years, Fitch Ratings has been creating value for global markets through its rigorous analysis and deep expertise, which have resulted in a variety of market leading tools, methodologies, indices, research, and analytical products. Fitch Ratings is part of Fitch Group, a global leader in financial information services with operations in more than 30 countries, which also includes Fitch Solutions. With dual headquarters in London and New York, Fitch Group is owned by Hearst.

At Fitch Ratings, credit analysts play a pivotal role in moving markets, as quality credit analysis is the lifeblood of our organization. With a legacy of over a century, our unique approach to credit ratings offers unmatched opportunities for professional growth. Embracing a "challenger mindset," you'll join a team dedicated to innovating service to our clients. Our people-driven analysis thrives on collaboration across all levels and locations, surpassing traditional financial modeling. Lastly, as part of our global community, you'll find inspiration, challenge, and support, with ample opportunities for visibility and influence in the global financial marketplace.

Want to learn more about a career as a credit analyst at Fitch Ratings? Visit: https://careers.fitch.group/content/Credit-Analysts/

About the Team

Fitch Ratings' Funds & Asset Management group is a global team responsible for fund ratings analysis, methodology and model development, and publication of research on analytical and regulatory developments affecting the asset management sector. The group analyzes and publishes research on private equity fund finance and securitizations, leveraged closed end funds (CEFs), money market funds (MMFs), bonds funds, exchange traded funds (ETFs), local government investment pools (LGIPs), and asset managers.

How You'll Make an Impact:
  • Analyze quantitative and qualitative factors influencing the credit quality of funds and structured transactions, including portfolio analysis
  • Review legal documentation for transactions, including indentures, prospectuses, etc.
  • Develop financial models and databases
  • Participate in on-site due diligence review meetings with fund managers
  • Present rating recommendations to committees
  • Contribute to research on relevant trends affecting the sectors the group covers
  • Participate in industry events and interact with investors, bankers, fund managers, and other market participants

You May be a Good Fit if:
  • Experience in finance, with exposure to funds, structured finance transactions, or debt underwriting or lending a plus; the position level will be based on the candidate's experience
  • Sound academic track record to at least first university degree level, preferably in finance, economics, statistics, accounting, or computer science
  • Strong analytical skills and proficiency in Excel
  • Excellent written and verbal communication skills

What Would Make You Stand Out:
  • Experience with fund finance, including subscription facilities or NAV loans; or experience with structured finance or lending
  • Knowledge of SQL, VBA, and/or other programming languages
  • Demonstrated track record of initiative and achievement

Why Choose Fitch:
  • Hybrid Work Environment: 3 days a week in office required based on your line of business and location
  • A Culture of Learning & Mobility: Dedicated trainings, leadership development and mentorship programs designed to ensure that your time at Fitch will be a continuous learning opportunity
  • Investing in Your Future: Retirement planning and tuition reimbursement programs that empower you to achieve your short and long-term goals
  • Promoting Health & Wellbeing: Comprehensive healthcare offerings that enable physical, mental, financial, social, and occupational wellbeing
  • Supportive Parenting Policies: Family-friendly policies, including a generous global parental leave plan, designed to help you balance career and family life effectively
  • Inclusive Work Environment: A collaborative workplace where all voices are valued, with Employee Resource Groups that unite and empower our colleagues around the globe
  • Dedication to Giving Back: Paid volunteer days, matched funding for donations and ample opportunities to volunteer in your community

Fitch is committed to providing global securities markets with objective, timely, independent and forward-looking credit opinions. To protect Fitch's credibility and reputation, our employees must take every precaution to avoid conflicts of interest or any appearance of a conflict of interest. Should you be successful in the recruitment process at Fitch Ratings you will be asked to declare any securities holdings and other potential conflicts prior to commencing employment. If you, or your immediate family, have any holdings that may conflict with your work responsibilities, you may be asked to divest yourself of them before beginning work.

FOR TORONTO ROLES ONLY: Expected base pay rates for the role will be between $175,000 and $190,000. Actual salaries will be determined on an individualized basis and may vary based on factors including but not limited to education, training, experience, past performance, and other job-related factors. Base pay is one part of Fitch's total compensation package, which, depending on the position, may also include commission earnings, discretionary bonuses, long-term incentives, and other benefits sponsored by Fitch.

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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.
Learn more about Fitch
Size
10,000 employees
Industry
Founded
1913

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