Structured Finance - Analyst/Senior Analyst, Structured Credit &CLOs - Toronto, Canada

Fitch Group; Toronto; Hybrid; CAD 70,000 - 90,000; Full time

Job summary

A leading rating agency in Toronto seeks an Analyst/Senior Analyst for their Structured Credit group. The ideal candidate will analyze Collateralized Loan Obligations (CLOs), assess credit risks, and communicate rating conclusions. Candidates should have a bachelor's degree in a quantitative field and relevant experience in finance. The position is hybrid, requiring three days in-office work, and offers a culture of learning and comprehensive benefits.

Benefits

Hybrid Work Environment

Culture of Learning & Mobility

Retirement planning

Comprehensive healthcare

Supportive Parenting Policies

Inclusive Work Environment

Paid volunteer days

Qualifications

• At least one year of experience in the financial sector for Analyst level.
• One to three years of experience for Senior Analyst level.
• Interest in capital markets and structured finance.

Responsibilities

• Analyze ratings on Collateralized Loan Obligations (CLOs).
• Identify credit risks in transaction documents.
• Prepare and present rating conclusions to a credit committee.
• Draft rating action commentary reports for market participants.
• Contribute to research publications.

Skills

Strong analytical skills

Attention to detail

Ability to convey complex subjects clearly

Active listening

Education

Bachelor's degree in finance, accounting, or economics

Tools

Microsoft Office suite

Job description

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/

Fitch Ratings is seeking an Analyst/Senior Analyst to join its Structured Credit group to join our Toronto office.

About the Team:

• A collaborative, team-oriented work environment where excellent communication skills are essential
• An opportunity to be a lead coverage analyst at a global rating agency
• A role that aids debt capital markets in making more informed decisions through timely, insightful, and forward-looking rating actions and research

How You’ll Make an Impact:

• Analyze new and existing ratings on Collateralized Loan Obligations (CLOs) using proprietary models, as part of the new rating or surveillance teams
• Analyze transaction documents focusing on identifying credit risks
• Prepare and present rating conclusions to a credit committee
• Draft rating action commentary reports to communicate rating decisions to market participants
• Contribute to recurring and special research publications

You May be a Good Fit if:

• You hold a bachelor's degree in a quantitative field, such as finance, accounting, or economics
• You have at least one year of experience in the financial sector for the Analyst level (excluding internships). For the Senior Analyst level, you possess one to three years of experience
• You exhibit strong analytical skills, a deep intellectual curiosity, and meticulous attention to detail
• You possess the ability to listen actively and integrate others' perspectives in a consensus-driven environment
• You demonstrate a high level of personal responsibility, initiative, and self-management
• You have an interest in capital markets and structured finance
• You are proficient in the Microsoft Office suite

What Would Make You Stand Out:

• Knowledge of programming language is a plus
• Ability to convey complex subjects clearly and concisely, verbally and in writing

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.