Associate Director - US Public Finance Municipal Structured Finance - New York

Fitch Inc in; New York (NY); Hybrid; USD 115,000 - 135,000; Full time

Job summary

Join a leading credit ratings agency as an Associate Director in Municipal Structured Finance. This role offers the chance to influence decision-making in the dynamic public finance sector. You'll analyze transactions, present rating recommendations, and contribute to the development of Fitch's criteria. Enjoy a collaborative environment that values diverse perspectives and fosters professional growth. With a hybrid work model and a commitment to employee well-being, this position is perfect for self-motivated professionals eager to make a significant impact in the financial markets.

Benefits

Hybrid Work Environment

Comprehensive Healthcare

Retirement Planning

Tuition Reimbursement

Paid Volunteer Days

Generous Parental Leave

Employee Resource Groups

Leadership Development

Mentorship Programs

Qualifications

• 4-8 years of experience in structured/public finance.
• Ability to work independently in a fast-paced environment.

Responsibilities

• Analyze municipal structured transactions and assign ratings.
• Gather and analyze data for credit reports and research.

Skills

Structured Finance

Public Finance

Credit Analysis

Data Analysis

Municipal Pool Transactions

Education

Undergraduate Degree in Finance

Graduate Degree in Business or Accounting

Professional Certification (CFA, CPA)

Job description

Associate Director - US Public Finance Municipal Structured Finance - New York (Finance)

Associate Director - US Public Finance Municipal Structured Finance - New York (Finance)

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.
Associate Director - US Public Finance Municipal Structured Finance - New York, NY

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 is currently seeking an Associate Director to join its Municipal Structured Finance team based out of our New York office location.

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 is seeking a self-motivated, inquisitive professional with capital markets/structured finance or other credit relevant experience for the Municipal Structured Finance team within the US Public Finance group. The candidate must be able to work independently, with preference given for knowledge of the municipal structured finance, including municipal pool transactions and credit-supported VRDOs, Tender Option Bonds, and commercial paper programs .

What We Offer:

• The opportunity to provide insightful, objective and timely commentary to investors within the US municipal market.
• Work with highly collaborative, experienced municipal structured finance team covering this evolving sector in public finance.
• Opportunity to contribute to the development and expansion of Fitch's criteria for the sector, having a significant impact on Fitch's coverage.

We'll Count on You To:

• Analyze transactions and assign ratings on municipal structured transactions using a combination of proprietary models and as well as fundamental credit analysis. Present rating recommendations to committee of analysts; participate in rating committee deliberations.
• Gather and analyze quantitative and qualitative data and utilize Fitch proprietary models and documents for the purpose of producing ratings, publishing credit reports, and contributing to special research reports.
• Participate in and lead meetings with issuer management teams, investment bankers and financial advisors.
• Identify relevant trends, assess their credit impact and highlight these trends in updated industry and market focused reports/presentations.
• Contribute to the development of criteria that expands broaden Fitch's ability rate transactions within the evolving market.
• Some travel required; hybrid work schedule requires staff to be in the office at least three days/week.

What You Need to Have:

• Work experience of 4-8 years in structured finance/public finance including demonstrated experienced with pooled transactions.
• Candidate will ideally possess an undergraduate and graduate degree in Finance, Business or Accounting or another relevant sector, or a Professional Certification (CFA, CPA, etc) in a relevant field.
• Must have demonstrated ability to work independently, seek answers/assistance as needed, and the ability to handle multiple tasks in a fast paced, transaction-oriented environment.

What Would Make You Stand Out:

• Capital markets and/or structured finance experience a plus;
• Knowledge of multiple credit sectors within the public finance market

• Experience with bond pool transactions.

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 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 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.

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.

FOR NEW YORK AND CALIFORNIA ROLES ONLY: Expected base pay rates for the role will be between $115,000 and $135,000. 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.