Director, Fund & Asset Manager Ratings - Toronto

Fitch; Toronto; Hybrid; CAD 175,000 - 190,000; Full time

Benefits offered by this job

Hybrid work

Learning & mobility

Retirement plan

Healthcare

Parental leave

Volunteer days

Job summary

Fitch Ratings' Funds & Asset Management group seeks a Director to lead credit analysis for funds and structured finance, driving analytical excellence across global markets. You’ll develop models, review legal docs, and present rating recommendations, collaborating with teams worldwide.

The role offers a hybrid work model in Toronto, with opportunities for visibility across Fitch’s global network and a path to senior leadership in financial insights.

Qualifications

• Experience in finance with funds, structured finance transactions, or debt underwriting.
• Strong analytical skills and proficiency in Excel.
• Excellent written and verbal communication skills.

Responsibilities

• Analyze quantitative and qualitative factors influencing credit quality of funds and structured transactions.
• Review legal documents for transactions (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 trends affecting the group sectors.
• Engage in industry events and interact with investors, bankers, fund managers.

Skills

Finance

Funds

Structured finance

Debt underwriting

SQL

VBA

Excel

Communication

Education

Finance degree

Economics degree

CS degree

Tools

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’ 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.

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 workplacewhere all voices are valued, withEmployee 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.

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

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.

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.