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

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

Job summary

Fitch Group in Chicago seeks an Associate Director for Fund Finance within Funds & Asset Management to lead quantitative analyses and rating work for funds and structured transactions, ensuring rigorous insights drive decision making.

You will develop new methodologies, mentor team members, present recommendations to committees, and engage with investors, bankers, and fund managers in a collaborative, inclusive, on-site Chicago environment.

Qualifications

• 4+ years of experience in finance, with exposure to funds or structured finance transactions a plus; level based on experience.
• Strong analytical skills and proficiency in Excel
• Excellent written and verbal communication skills
• Bachelor's degree in finance, economics, statistics, accounting, or computer science preferred

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 and direct the group’s team members
• Participate in industry events and interact with investors, bankers, fund managers, and other market participants

Skills

Analytical skills

Excel proficiency

Financial modeling

Communication skills

Fund finance knowledge

Education

Bachelor's degree

Tools

SQL

VBA

Job description

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

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. Fitch’s inclusive and progressive approach helps us keep a balanced perspective and supports conversations around diversity, equity and inclusion. Fitch’s Employee Resource Groups (ERGs) connect employees with others within the organization to offer professional and personal support.

With our expertise, we create data and information, 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, unlock the power of human insights, and 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 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), bond funds, exchange‑traded funds (ETFs), local government investment pools (LGIPs), and asset managers.

What We Offer:

The individual who fills this position will support coverage of some of the group’s sub‑sectors.

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 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

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 greater things. 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 this 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.