Credit Analyst, Associate Director / Director - Funds & Asset Management - Toronto

Fitch Group; Toronto; Hybrid; CAD 60,000 - 110,000; Full time

Job summary

Join a forward-thinking company as a Credit Analyst in the Funds & Asset Management group, where your insights will shape the future of finance. This role offers a unique opportunity to analyze and develop methodologies for fund ratings while collaborating with industry leaders. You will lead due diligence meetings, author impactful research, and mentor team members in a supportive and inclusive environment. With a commitment to diversity and innovation, this position allows you to make a real impact in a dynamic market. If you are passionate about finance and eager to contribute to a global leader, this is the perfect opportunity for you.

Qualifications

• 4-8 years of experience in finance with exposure to funds or structured finance.
• Strong analytical skills and proficiency in Excel are essential.

Responsibilities

• Analyze factors influencing credit quality of funds and structured transactions.
• Develop methodologies for rating funds and structures based on market demand.

Skills

Analytical Skills

Communication Skills

Financial Analysis

Portfolio Analysis

Education

Bachelor's degree in Finance, Economics, Statistics, Accounting, or Computer Science

Tools

Excel

SQL

VBA

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.

Fitch Ratings is a leading provider of credit ratings, commentary and research. Dedicated to providing value beyond the rating through independent and prospective credit opinions, Fitch Ratings offers global perspectives shaped by strong local market experience and credit market expertise. The additional context, perspective and insights we provide have helped fund a century of growth and enables our clients to make important credit judgments with confidence.

Credit Analyst, Funds & Asset Management - Toronto

Fitch Ratings’ Funds & Asset Management group is currently seeking an Analyst, Senior Analyst or Associate Director based out of our Toronto office.

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:

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

What You Need to Have:

1. 4-8 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
2. Sound academic track record to at least a bachelor’s degree level, preferably in finance, economics, statistics, accounting, or computer science
3. Strong analytical skills and proficiency in Excel
4. Excellent written and verbal communication skills

What Would Make You Stand Out:

1. Experience with fund finance, including subscription facilities or NAV facilities
2. Knowledge of SQL, VBA, and/or other programming languages
3. 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.

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.

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