US Corporates - Credit Analyst, Director, Utilities - Toronto
Toronto, ON, CA
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' U.S. and Canada Corporates - Director, Utilities & Midstream Rating group is looking for a Director to join our Utilities team. The successful candidate will be responsible for evaluating corporate debt issuers while contributing to Fitch’s reputation for timely and insightful research that informs debt capital market decisions. This role entails serving as a primary analyst in the U.S. and Canadian Utilities team. Qualitative credentials will weigh meaningfully in the selection of the candidate. A healthy sense of intellectual curiosity is critical, along with a willingness and ability to attack and explain topics of analytical complexity. Fitch is a team-oriented work environment, so excellent management, leadership, team development and communication skills are essential, as is a high productivity work-ethic and results oriented mindset.
The Ideal Candidate Will:
- Have extensive corporate credit experience, with strong capabilities in financial analysis and modeling;
- Have a comprehensive understanding of fixed income/debt capital markets, with varied experience in both investment grade and leveraged finance a plus;
- Have a network of professional relationships within the debt capital markets and energy sectors;
- Have proven success in nurturing talent and developing junior analysts.
What Fitch Offers:
- A platform to influence debt capital markets with forward-looking research and rating actions;
- An open culture that encourages the exchange of ideas and perspectives at all levels;
- The chance to lead, train, and mentor junior analysts.
Key Responsibilities:
- Cover a portfolio of 15-20 Electric and Gas Utilities;
- 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;
- Be a visible presence for the external stakeholders in the ratings process, including industry management teams and buy-side investors;
- Participate in the evaluation of other credits within Corporates, as well as other related credit groups;
- Foster a positive and collaborative work environment in the Utilities team, and contribute to the overall ethos of the U.S. and Canada Corporates rating team in a manner that prioritizes and advances Fitch’s strategic goals.
Requirements:
- 7+ years relevant experience in a capital markets and/or credit analysis role which must include some coverage or knowledge of the utilities sector;
- A keen sense of intellectual curiosity and a commitment to continuous learning and a proven ability to dissect and articulate complex analytical topics;
- Exceptional written and verbal communication skills;
- The agility to manage multiple projects and adapt to changing priorities;
- A Bachelor's degree is essential; an MBA, other advanced degrees, or a CFA designation is a plus;
- Some travel is necessary, as is adherence to Fitch's Onsite Flex time in office policy.
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.
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