Managing Director, U.S. & Canada Utilities and Midstream - Toronto

Fitch Group; Toronto; Hybrid; CAD 150,000 - 200,000; Full time

Job summary

A global credit ratings agency in Toronto is seeking a Managing Director for its Corporates Utilities team. The ideal candidate will have over 15 years of experience in capital markets and credit analysis, with skills in team management, financial statement analysis, and strong communication. This leadership role involves overseeing a team of analysts and ensuring high-quality credit analysis. The company offers a hybrid work environment and a culture focused on learning and professional growth.

Benefits

Hybrid work environment

Leadership development programs

Tuition reimbursement

Comprehensive healthcare offerings

Family-friendly policies

Paid volunteer days

Qualifications

• 15+ years relevant experience in capital markets or credit analysis.
• Experience managing people and teams.
• Excellent written and verbal communication skills.

Responsibilities

• Manage a team of 25 analysts covering over 150 debt issuers.
• Ensure consistent application of Fitch’s credit criteria and methodologies.
• Articulate credit views and sector outlook in various forums.

Skills

Team management

Financial statement analysis

Financial modeling

Debt capital markets understanding

Communication skills

Education

CFA preferred

Job description

Overview

Fitch Ratings’ U.S. & Canada CIPF Rating team is seeking a Managing Director to lead the Corporates Utilities team in our New York, Chicago or Toronto office.

The role will report to the Head of U.S. & Canada Utilities and Midstream team within the CIPF group. The role entails managing a team of 25 analysts covering more than 150 public and private debt issuers, including investment-grade and speculative-grade rated companies.

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/

The ideal candidate:

• Has experience leading effective and highly functional teams;
• Has demonstrated an ability to develop talent and foster potential of junior analysts;
• Has a professional background in corporate credit, including well-developed financial statement analysis and financial modeling skills;
• Understands the functioning of the debt capital markets;
• Has a network of relationships within the debt capital markets and/or Utilities sector.

What we offer:

• An opportunity to lead a sector team at a global credit rating agency;
• An opportunity to manage, train and mentor junior analysts;
• A role and platform that helps the debt capital markets make more informed decisions via timely, insightful and forward-looking rating actions and research.

We’ll count on you to:

• Have direct managerial responsibility for a team of 25 analysts covering more than 150 public and private debt issuers, including investment-grade and speculative-grade rated companies;
• Provide credit leadership in ratings process, ensuring consistent application of Fitch’s criteria and methodologies;
• Articulate Fitch’s credit views and sector outlook in meetings, conference calls, and industry roundtables, as well as in written research, in an engaging and dynamic manner;
• Foster a positive, collaborative and high-performing work environment in the Utilities team, and contribute to the overall ethos of the U.S. and Canada CIPF rating team in a manner that prioritizes and advances Fitch’s strategic goals;
• Be a highly visible presence for the external stakeholders in the ratings process, including industry management teams, institutional investors, buyside and sell-side analysts, and the media;
• Champion analytical excellence and operational efficiency by adopting best practices and leveraging new technologies.

What you need to have:

• 15+ years relevant experience in a capital markets and/or credit analysis role;
• Experience managing people and teams;
• 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;
• Excellent written and verbal communication skills;
• CFA preferred;
• Ability to shift fluidly between mult iple projects as priorities change;
• Ability to excel in a team-oriented environment.

Why Choose Fitch:

• Hybrid Work Environment: 3 days a week in office required
• 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.

Fitch is proud to be an Equal Opportunity and Affirmative 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.