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Structured Finance - Structured Credit & Clos, Associate Director - Chicago

Fitch RatingsChicago, IL

$105,000 - $135,000 / year

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Overview

Schedule
Full-time
Education
CPA
Career level
Director
Remote
Hybrid remote
Compensation
$105,000-$135,000/year
Benefits
Health Insurance
Parental and Family Leave
Paid Community Service Time

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 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.

Want to learn more about a career as a credit analyst at Fitch Ratings? Visit: https://careers.fitch.group

Fitch Ratings is seeking an Associate Director to join its Structured Credit & CLOs group in our Chicago 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 ratings on Collateralized Loan Obligations (CLOs) using proprietary models
  • 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:

  • Bachelor's or Master's degree in a quantitative discipline (finance, accounting, economics, etc.)
  • At least four years of experience in the financial industry, with a preference for experience related to CLOs or Structured Finance
  • Strong analytical thinking, intellectual curiosity, and attention to detail
  • High level of personal responsibility, initiative, and self-management
  • Ability to communicate complex subjects accurately and succinctly
  • Interest in capital markets and structured finance
  • Proficiency with Microsoft Office suite; knowledge of programming languages is a plus but not required

What Would Make You Stand Out:

  • Critical thinking and meticulous attention to detail
  • Strong sense of personal responsibility and initiative
  • Ability to convey complex subjects clearly and concisely
  • Open-mindedness and ability to understand alternative viewpoints
  • Keen interest in structured finance and CLOs

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 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.

FOR CHICAGO: Expected base pay rates for the role are between $105,000 and $135,000 per year. Actual salaries will be determined on an individual basis and may vary based on factors including, but not limited to, education, training, experience, past performance, and other job-related considerations. Base pay is one component of Fitch's total compensation package, which may also include commission earnings, discretionary bonuses, long-term incentives, and other benefits sponsored by Fitch, depending on the position.

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Nearest Major Market: Chicago

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FAQs About Structured Finance - Structured Credit & Clos, Associate Director - Chicago Jobs at Fitch Ratings

What is the work location for this position at Fitch Ratings?
This job at Fitch Ratings is located in Chicago, IL, according to the details provided by the employer. Some roles may also include multiple work locations depending on the requirement.
What pay range can candidates expect for this role at Fitch Ratings?
Candidates can expect a pay range of $105,000 and $135,000 per year.
What employment applies to this position at Fitch Ratings?
Fitch Ratings lists this role as a Full-time position.
What experience level is required for this role at Fitch Ratings?
Fitch Ratings is looking for a candidate with "Director" experience level.
What is the process to apply for this position at Fitch Ratings?
You can apply for this role at Fitch Ratings either through Sonara's automated application system, which helps you submit applications 10X faster with minimal effort, or by applying manually using the direct link on the job page.