Managing Director, U.S. & Canada Transportation
Chicago, IL, US
Fitch Ratings is currently seeking a Managing Director, U.S. & Canada Transportation based out of our Chicago office.
Fitch Ratings’ U.S. & Canada Corporates rating team is currently seeking a Managing Director to lead the Transportation team in our New York, Chicago or Toronto office. The role reports to the Head of U.S. & Canada Corporates and entails managing a team of approximately 20 analysts covering approximately 150–170 rated issuers across the Transportation sector.
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/content/Credit-Analysts/
How You’ll Make an Impact:
- Have direct managerial responsibility for a team of approximately 20 analysts covering approximately 150–170 public and private debt issuers, including investment-grade and speculative-grade rated companies
- Provide credit leadership in ratings process, ensuring consistent application of Fitch’s criteria and methodologies
- Articulate Fitch’s credit views and sector outlook in meetings, conference calls, and industry roundtables, as well as in written research, in an engaging and dynamic manner
- Foster a positive, collaborative and high-performing work environment and contribute to the overall ethos of the U.S. and Canada Corporates rating team
- Be a highly visible presence for the external stakeholders in the ratings process, including industry management teams, institutional investors, buy-side and sell-side analysts, and the media
- Champion analytical excellence and operational efficiency by adopting best practices and leveraging new technologies.
You May be a Good Fit if You:
- 15+ years relevant experience in capital markets and/or credit analysis role
Experience managing people and teams - 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
- Excellent written and verbal communication skills
- CFA preferred
- Ability to shift fluidly between multiple projects as priorities change
- Ability to excel in a team-oriented environment
What Would Make You Stand Out:
- Have experience leading effective and highly functional teams
- Have demonstrated an ability to develop talent and foster potential of junior analysts
- Have a professional background in corporate credit, including well-developed financial statement analysis and financial modeling skills
- Understand the functioning of the debt capital market
- Have a network of relationships within the debt capital markets and sector.
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 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 NEW YORK AND CHICAGO ROLES ONLY: Expected base pay rates for the role will be between $270,000 and $310,000 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.
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Nearest Major Market: Chicago