Credit Analyst, Director - Global Infrastructure Complex Credit Group - Toronto

Fitch Ratings; Toronto; On-site; CAD 249,000 - 277,000; Full time

Job summary

Fitch Ratings in Toronto is seeking a Director for the Global Infrastructure Complex Credit Group. Lead analysis of complex infrastructure and project finance deals across NA and EMEA, shaping rating criteria and methodologies.

You will engage senior stakeholders, build cross-regional networks, and drive analytical excellence in a fast-changing market. Toronto-based role with global visibility and growth opportunities within Fitch.

Qualifications

• Bachelor's degree at minimum; advanced degree a plus.
• 7+ years relevant experience in a capital markets and/or credit analysis role.
• Strong analytical, quantitative, and organizational skills.
• Excellent written and verbal communication skills.
• Excellent modelling skills and thorough familiarity with spreadsheet-based financial models.
• Ability to read and fully comprehend complex structures and to ask probing questions to issuers and their advisers.

Responsibilities

• Lead analysis of infrastructure and project finance transactions.
• Assist in efforts to enhance rating approaches and criteria development.
• Identify and research trends; publish reports and presentations.
• Gather and analyze data and legal documents for ratings and reports.
• Interact with Fitch groups to develop rating criteria for bespoke projects.
• Represent Fitch at conferences, issuer meetings and site visits to build external profile.
• Develop relationships with other analytical groups to ensure consistency.

Skills

Analytical skills

Quantitative skills

Communication skills

Financial modelling

Education

Bachelor's degree minimum

Advanced degree preferred

Job description

Job Title: Director, Global Infrastructure Complex Credit Group - Toronto

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 Corporate, Infrastructure and Project Finance Group is currently seeking a Director based out of our New York or Toronto offices.

The primary responsibilities of the successful candidate will be to lead the analysis of infrastructure and project finance transactions and assist in efforts to enhance rating approaches and criteria development for complex and non-standard credits, in particular relating to emerging infrastructure sectors such as digital infrastructure and alternative/core+ infrastructure, in addition to complex transportation and energy sectors in the US and Canada and across the EMEA region.

What We Offer

This role will have the opportunity to take a lead role analyzing cutting-edge infrastructure transactions and be part of a growing credit team in the ever-evolving infrastructure space.

An exciting time to work in the sector as significant investments in the infrastructure space are resulting in a diversity of new and interesting projects to work on.

The position has high global visibility and solid growth potential. The role will have exposure to transactions in both North America and EMEA and the successful candidate will interact with senior analytical members across the different regions.

We’ll Count On You To

• Work on ratings analysis and research on new and existing complex transactions. Evaluate innovative credit structures and participate in global rating criteria development.
• Identify and research relevant trends, assessing their credit impact and highlighting these trends in updated industry and market focused reports/presentations.
• Gather and analyze quantitative and qualitative data and legal documents for the purpose of producing ratings, publishing credit reports, and contributing to special research reports.
• Interact with other Fitch analytical groups (i.e. Corporates and Structured) to help develop rating approaches and criteria to bespoke projects
• In conjunction with senior members of the team, the candidate will meet with senior management of entities and/or project sponsors, investment bankers and financial advisors, to produce these ratings and reports for general publication
• Maintain a strong external network and profile that continues to build Fitch's reputation for analytical excellence by representing Fitch in a compelling and persuasive manner at industry conferences, webinars, issuer meetings/site visits and through media communication.
• Develop and grow strong relationships with the other analytical groups at Fitch to ensure analytical consistency and efficient execution of transactions that involve multiple groups.

What You Need To Have

• Bachelor's degree at minimum, advanced degree a plus;
• 7+ years relevant experience in a capital markets and/or credit analysis role;
• A healthy sense of intellectual curiosity and a life-long learning mindset
• A demonstrated willingness and ability to attack and explain topics of analytical complexity;
• Strong analytical, quantitative, and organizational skills;
• Excellent written and verbal communication skills;
• Excellent modelling skills and thorough familiarity with spreadsheet-based financial models.
• Ability to read and fully comprehend complex structures and to ask probing questions to issuers and their advisers.
• Ability to shift fluidly between multiple projects as priorities change;
• Ability to excel in a team-oriented environment.

What Would Make You Stand Out

• Previous experience covering the infrastructure or project finance sectors and focusing on credit whether on the buy-side, sell-side, a credit department at a bank, or another rating agency.
• The ability to effectively and constructively challenge existing mindsets to assist the group in formulating innovative rating approaches on complex credits, sectors or topics.

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 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 Group is proud to be an Equal Opportunity and Affirmitive Action Employer. We evaluate qualified applicants without regard to race, color, national origin, religion, sex, sexual orientation, gender identity, disability, protected veteran status, and other statuses protected by law.

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 Toronto roles only:

Expected base pay rates for the role will be between $180,000 and $200,000. 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.