Associate Director - Fund Finance, Funds & Asset Management - Toronto

Fitch Ratings; Toronto; On-site; CAD 110,000 - 160,000; Full time

Benefits offered by this job

ERGs

Job summary

Fitch Ratings’ Funds & Asset Management group seeks an Associate Director to contribute to fund ratings, methodology development, and research. This role involves leading due diligence, developing models, and presenting recommendations to committees.

The ideal candidate has 4+ years in finance related to funds or structured transactions, strong Excel skills, and excellent communication abilities. Join a global team influencing asset-management ratings and research.

Qualifications

• Bachelor's degree in finance, economics, statistics, accounting, or computer science.
• 4+ years of experience in finance, with exposure to funds or structured finance.
• Strong analytical skills and proficiency in Excel.
• Excellent written and verbal communication skills.

Responsibilities

• Analyze factors influencing credit quality of funds and structured transactions.
• Lead on-site due diligence review meetings with fund managers.
• Develop new methodologies for rating funds and structures based on market demand.
• Author research on trends affecting the sectors covered.
• Review legal documentation for indentures, prospectuses, etc.
• Develop financial models and databases.
• Present rating recommendations to committees.
• Mentor and direct the group’s team members.
• Engage with investors, bankers, fund managers and market participants.

Skills

Analytical skills

Written and verbal communication

Education

Bachelor's degree in Finance/Economics/Statistics/Accounting/CS

Tools

SQL

VBA

Excel

Job description

At Fitch, we have an open culture where employees are able to exchange ideas and perspectives, throughout the organization, irrespective of their seniority. Your voice will be heard allowing you to have a real impact. We embrace diversity and appreciate authenticity encouraging an environment where employees can be their true selves. Our inclusive and progressive approach helps us to keep a balanced perspective. Fitch is also committed to supporting its employees by advancing conversations around diversity, equity and inclusion. Fitch’s Employee Resource Groups (ERGs) have been established by employees who have joined together as a workplace community based on similar backgrounds or life experiences. Fitch’s ERGs are available to connect employees with others within the organization to offer professional and personal support.

With our expertise, we are not only creating data and information, but also producing timely insights from every angle to influence decision making in this ever changing and highly competitive market. We have a relentless hunger to innovate and unlock the power of human insights and to drive value for our customers. There has never been a better time to make an impact and we invite you to join us on this journey.

Associater Director, Funds & Asset Management

Fitch Ratings’ Funds & Asset Management group is currently seeking an Associate Director.

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.

What We Offer

The individual who fills this position will support coverage of some of the group’s sub-sectors.

We’ll Count On You To

• Analyze quantitative and qualitative factors influencing the credit quality of funds and structured transactions, including portfolio analysis
• Lead on-site due diligence review meetings with fund managers
• Develop new methodologies for rating funds and structures based on market demand
• Author research on relevant trends affecting the sectors the group covers
• Review legal documentation for transactions, including indentures, prospectuses, etc.
• Develop financial models and databases
• Present rating recommendations to committees
• Mentor, develop, and direct the group’s team members
• Participate in industry events and interact with investors, bankers, fund managers, and other market participants

What You Need To Have

• 4+ years of experience in finance, with exposure to funds or structured finance transactions a plus; the position level will be based on the candidate’s experience
• Sound academic track record to at least a bachelor’s 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 facilities
• Knowledge of SQL, VBA, and/or other programming languages
• Demonstrated track record of initiative and achievement

Why Fitch?

At Fitch Group, the combined power of our global perspectives is what differentiates us. Our global network of colleagues comes together to accomplish things greater than they ever could alone. Every team member is essential to our business and each perspective is critical to our success. We embrace a diverse culture that encourages a free exchange of ideas, guaranteeing your voice will be heard and your work will have an impact, regardless of seniority. We are building incredible things at Fitch and we invite you to join us on our journey.

Fitch Group is a global leader in financial information services with operations in more than 30 countries. Wholly owned by the Hearst Corporation, we are comprised of three main businesses: Fitch Ratings | Fitch Solutions | Fitch Learning.

For more information please visit our websites: www.fitchratings.com | www.fitchsolutions.com | www.fitchlearning.com

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 interests 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.

Fitch is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability, protected veteran status, sexual orientation, gender expression, gender identity or any other characteristic protected by law.

UNITED STATES ONLY: As part of its continued efforts to maintain a safe workplace for employees, Fitch requires that all employees who receive a written offer of employment on or after October 4, 2021 be fully vaccinated (as defined by the CDC) against the coronavirus by the first day of employment as a condition of employment, to the extent permitted by applicable law. Fitch will consider requests for reasonable accommodations due to medical and/or religious reasons on an individual basis in accordance with applicable legal requirements.

FOR NEW YORK ROLES ONLY: The anticipated base salary range for this full-time position is $ [X] to $ [X], depending on factors such as experience, education, level, skills, and location. Additionally, this position is eligible for annual performance-based incentive plan as well a competitive benefits package that includes (but not limited to) medical, dental, vision, parental leave, paid time off, a 401(k) plan with employee & company contribution options, life/disability/accident insurance and tuition reimbursement.