Associate Director - Fund Finance, Funds & Asset Management - Chicago

Fitch Ratings; Chicago (IL); On-site; USD 115,000 - 130,000; Full time

Job summary

Fitch Ratings seeks an Associate Director for its Funds & Asset Management group in Chicago. You will analyze funds and structured transactions, lead due diligence meetings, and help develop rating methodologies for market demand.

The role requires 4+ years in finance with funds experience, a bachelor’s degree, strong Excel and communication skills, and familiarity with SQL/VBA. You will mentor the team and engage with investors and industry peers as part of Fitch’s global market insights.

Qualifications

• 4+ years of experience in finance with exposure to funds or structured finance transactions.
• Bachelor’s degree in finance, economics, statistics, accounting or computer science.
• Strong analytical skills and proficiency in Excel.
• Excellent written and verbal communication skills.

Responsibilities

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

Skills

Excel

Analytical skills

Communication skills

SQL

VBA

Education

Bachelor's 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.

Associater Director, Funds & Asset Management

Fitch Ratings’ Funds & Asset Management group is currently seeking an Associate Director.

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

We’ll Count On You To

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

What You Need To Have

• 4+ 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
• Sound academic track record to at least a bachelor’s 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 facilities
• Knowledge of SQL, VBA, and/or other programming languages
• 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.

FOR CHICAGO ROLES ONLY:

Expected base pay rates for the role will be between $115,000 and $130,000. 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.