Associate Director - Fund Finance, Funds & Asset Management - Chicago

About Fitch Group Fitch Group is a global leader in financial information services with operations in more than 30 countries. Wholly owned by Hearst, Fitch Group is comprised of: Fitch Ratings, a global leader in credit ratings and research and Fitch Solutions, a leading provider of data, research and analytics. With dual headquarters in London and New York, Fitch Group is owned by Hearst.

Fitch Group

F

fitch.group

5,001-10,000 employees

Financial Services

Canary Wharf, London

Privately Held

26k LinkedIn followers

• Fitch Ratings’ Funds & Asset Management group is currently seeking an Associate Director.
• Fitch Ratings’ Funds & Asset Management group is a global team responsible for fund ratings analysis, methodology and model development, and publication of research on analytical and regulatory developments affecting the asset management sector. The group analyzes and publishes research on private equity fund finance and securitizations, leveraged closed end funds (CEFs), money market funds (MMFs), bonds funds, exchange traded funds (ETFs), local government investment pools (LGIPs), and asset managers.

Required

• 4+ years of experience in finance, with exposure to funds or structured finance transactions a plus; the position level will be based on the candidate’s experience
• Sound academic track record to at least a bachelor’s degree level, preferably in finance, economics, statistics, accounting, or computer science
• Excellent written and verbal communication skills

Preferred

• Experience with fund finance, including subscription facilities or NAV facilities
• Knowledge of SQL, VBA, and/or other programming languages
• Demonstrated track record of initiative and achievement
• At Fitch Group, the combined power of our global perspectives is what differentiates us. Our global network of colleagues comes together to accomplish things greater than they ever could alone. Every team member is essential to our business and each perspective is critical to our success. We embrace a diverse culture that encourages a free exchange of ideas, guaranteeing your voice will be heard and your work will have an impact, regardless of seniority. We are building incredible things at Fitch and we invite you to join us on our journey.
• FOR CHICAGO ROLES ONLY: Expected base pay rates for the role will be between $115,000 and $130,000. 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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• #LI-RA1 #LI-YBRID

• The individual who fills this position will support coverage of some of the group’s sub-sectors.
• Analyze quantitative and qualitative factors influencing the credit quality of funds and structured transactions, including portfolio analysis
• Lead on-site due diligence review meetings with fund managers
• Develop new methodologies for rating funds and structures based on market demand
• Author research on relevant trends affecting the sectors the group covers
• Review legal documentation for transactions, including indentures, prospectuses, etc.
• Develop financial models and databases
• Present rating recommendations to committees
• Mentor, develop, and direct the group’s team members
• Participate in industry events and interact with investors, bankers, fund managers, and other market participants