Global Infrastructure - Complex Credits Group, Associate Director

Fitch Group•New York, NY

13d•$115,000 - $140,000•Hybrid

About The Position

Fitch Corporate, Infrastructure & Project Finance Group is seeking an Associate Director for its Global Infrastructure and Project Finance Group (GIG). This group covers approximately 650 credits across various infrastructure sectors, including transportation, power & energy, social, digital, and water infrastructure, as well as sports facilities and Whole business securitization. The group consists of approximately 85 analysts located in Fitch's offices worldwide. The successful candidate will lead the analysis of infrastructure and project finance transactions, contribute to enhancing rating approaches and criteria development for complex and non-standard credits, with a focus on emerging infrastructure sectors, alternative/core+ infrastructure, and complex transportation and energy sectors in the US, Canada, and EMEA regions.

Requirements

Bachelor's degree at minimum, advanced degree a plus.
7+ years relevant experience in a capital markets and/or credit analysis role.
A healthy sense of intellectual curiosity and a life-long learning mindset.
A demonstrated willingness and ability to attack and explain topics of analytical complexity.
Strong analytical, quantitative, and organizational skills.
Excellent written and verbal communication skills.
Excellent modelling skills and thorough familiarity with spreadsheet-based financial models.
Ability to read and fully comprehend complex structures and to ask probing questions to issuers and their advisers.
Ability to shift fluidly between multiple projects as priorities change.
Ability to excel in a team-oriented environment.

Nice To Haves

Previous experience covering the infrastructure or project finance sectors and focusing on credit whether on the buy-side, sell-side, a credit department at a bank, or another rating agency.
The ability to effectively and constructively challenge existing mindsets to assist the group in formulating innovative rating approaches on complex credits, sectors, or topics.

Responsibilities

Lead the analysis of infrastructure and project finance transactions.
Assist in efforts to enhance rating approaches and criteria development for complex and non-standard credits, particularly relating to emerging infrastructure sectors and alternative/core+ infrastructure, in addition to complex transportation and energy sectors in the US and Canada and across the EMEA region.
Work on ratings analysis and research on new and existing transactions.
Evaluate innovative credit structures and participate in global rating criteria development.
Identify and research relevant trends, assessing their credit impact and highlighting these trends in updated industry and market focused reports/presentations.
Gather and analyze quantitative and qualitative data and legal documents for the purpose of producing ratings, publishing credit reports, and contributing to special research reports.
Interact with other Fitch analytical groups (i.e. Corporates and Structured) to help develop rating approaches and criteria to bespoke projects.
In conjunction with senior members of the team, meet with senior management of entities and/or project sponsors, investment bankers and financial advisors, to produce ratings and reports for general publication.
Maintain a strong external network and profile that continues to build Fitch's reputation for analytical excellence by representing Fitch in a compelling and persuasive manner at industry conferences, webinars, issuer meetings/site visits and through media communication.
Develop and grow strong relationships with the other analytical groups at Fitch to ensure analytical consistency and efficient execution of transactions that involve multiple groups.