US Public Finance- Credit Analyst, Local Governments, Analyst / Senior Analyst - San Francisco

Fitch Ratings, Inc.; San Francisco (CA); Hybrid; USD 85,000 - 110,000; Full time

Benefits offered by this job

Hybrid work environment

Training & mentorship programs

Retirement plan

Healthcare offerings

Parental leave policy

Diversity & inclusion

Volunteer days

Job summary

Fitch Ratings in San Francisco is seeking an Analyst or Senior Analyst for the US Public Finance Local Government Rating Group to analyze rating factors and support the Local Government Rating Model. You will review comprehensive financial reports, budgets and capital plans, meet with issuers and fiscal agents, and present rating recommendations.

A minimum of 3 years in public finance and strong analytical and communication skills are required; CFA or master's degree is preferred.

Qualifications

• 3 years of relevant research or analytical experience in U.S. public finance.
• Strong analytical, quantitative, and organizational skills.
• Excellent written and verbal communication demonstrated.

Responsibilities

• Analyze quantitative and qualitative factors to support Fitch’s Local Government Rating Model.
• Review annual financial reports, budgets, capital plans and disclosures.
• Identify rating-relevant issues for review by analytical team and rating committee.
• Meet with issuers and fiscal agents during management meetings.
• Present rating recommendations and participate as a voting member on rating committees.
• Support publication of rating commentaries, research reports and Fitch Wires.

Skills

Analytical skills

Quantitative analysis

Written and verbal communication

Education

CFA or master's degree in finance

Global Credit Certificate (MICP) preferred

Job description

As one of the world’s top three credit ratings agencies, Fitch Ratings plays a critical role in global capital markets by providing 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.

Explore a career at Fitch Ratings and you’ll join a collaborative network of curious minds. Here, our differences are our strengths - in life as well as our work. Together we work with integrity and objectivity to provide clarity to the world’s financial markets. We pride ourselves on our ability to harness the ideas, expertise, and professionalism of our global workforce, which is integral to our continued success. The accessibility and depth of experience of our industry leading analysts, combined with our broad sector credentials, allow us to help market participants make important credit decisions with confidence.

Fitch Ratings’ US Public Finance Local Government group is currently seeking an Analyst, or Senior Analyst, either in our New York, Austin, Chicago or San Fransico office.

About The Team

The US Public Finance Local Government Rating Group is responsible for assigning new and monitoring existing ratings on local government and special purpose district issuers throughout the United States. Security ratings are assigned to general obligation, lease revenue and dedicated tax and revenue bonds.

How You’ll Make An Impact

• Analyze quantitative and qualitative factors to prepare Fitch’s Local Government Rating Model for assigning new and monitoring existing ratings
• Review annual comprehensive financial reports, budgets, capital plans and other public disclosure statements
• Identify rating-relevant issues for review by the analytical team and rating committee
• Meet with issuers and their fiscal agents during management meetings
• Present rating recommendations and serve as voting member on rating committees
• Support publication of rating action commentaries, research reports and Fitch Wires
• Attend industry events and interact with investors, bankers, and other market participants

You May Be a Good Fit If You

• Have 3 years of relevant research or analytical experience in U.S. public finance
• Demonstrate strong analytical, quantitative, and organizational skills
• Possess excellent written and verbal communication skills
• Can shift between multiple projects as priorities change

What Would Make You Stand Out

• You have or are working toward a Global Credit Certificate (MICP), CFA or master’s degree in finance, business or public administration preferred
• You have rating agency or financial advisory experience
• You have experience interacting with local government issuers, investors, financial advisors and bankers

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 interests 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.

FOR SAN FRANCISCO ROLES ONLY:

Expected base pay rates for the role will be between $85,000 and $110,000 per year. 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.