Job Description

At Fitch, we have an open culture where employees are able to exchange ideas and perspectives, throughout the organization, irrespective of their seniority. Your voice will be heard allowing you to have a real impact. We embrace diversity and appreciate authenticity encouraging an environment where employees can be their true selves. Our inclusive and progressive approach helps us to keep a balanced perspective. Fitch is also committed to supporting its employees by advancing conversations around diversity, equity and inclusion. Fitch\'s Employee Resource Groups (ERGs) have been established by employees who have joined together as a workplace community based on similar backgrounds or life experiences. Fitch\'s ERGs are available to connect employees with others within the organization to offer professional and personal support.

With our expertise, we are not only creating data and information, but also producing timely insights from every angle to influence decision making in this ever changing and highly competitive market. We have a relentless hunger to innovate and unlock the power of human insights and to drive value for our customers. There has never been a better time to make an impact and we invite you to join us on this journey.

Fitch Ratings is a leading provider of credit ratings, commentary and research. Dedicated to providing value beyond the rating through independent and prospective credit opinions, Fitch Ratings offers global perspectives shaped by strong local market experience and credit market expertise. The additional context, perspective and insights we provide have helped fund a century of growth and enables you to make important credit judgments with confidence.

US Public Finance-Credit Analyst; Associate Director-Community Development & Social Lending (CDSL)

USPF CDSL Team is currently seeking an Associate Director based out of our Chicago or San Francisco office.

Fitch Ratings is seeking a self-motivated, inquisitive professional with capital market/fixed income experience or other credit-relevant experience for the CDSL team within the US Public Finance group. The candidate must be able to work independently, with preference given for knowledge of community development financial institutions (CDFIs) and/or state housing finance agencies (SHFAs). The position can be located in Chicago, IL or San Francisco, CA.

What We Offer:

• The opportunity to provide insightful, objective and timely commentary to investors within the ever-changing US municipal market.
• Work with a highly collaborative, experienced CDSL team covering the highly complex affordable housing and community development sectors.

We\'ll Count on You To:

• Produce thoughtful analysis and timely publication on portfolio of public and private ratings for CDFIs, SHFAs, military housing projects, affordable housing loan programs, and other similar credits. Present rating recommendations to committee of analysts; participate in rating committee deliberations.
• Gather and analyze quantitative and qualitative data, contracts and legal documents for the purpose of producing ratings, publishing credit reports, and contributing to special research reports.
• Participate alongside senior analysts in meetings with management teams, investment bankers and financial advisors working in CDSL subsectors.
• Identify relevant trends, assess their credit impact and highlight these trends in updated industry and market focused reports/presentations.
• Some travel required; hybrid work schedule requires staff to be in the office at least three days/week.

What You Need to Have:

• Work experience of 5-7 years in public finance and/or real estate finance analysis; solid financial statement analysis skills.
• Candidate will ideally possess an undergraduate and graduate degree in Finance, Business or Accounting or other Relevant Sector (public policy, real estate finance); additional years of work experience beyond the minimum may be substituted in lieu of a graduate degree.
• Must have demonstrated ability to work independently, seek answers/assistance as needed, and the ability to handle multiple tasks in a fast paced, transaction-oriented environment.
• Ability to apply Fitch criteria with a high level of independence and integrity.

What Would Make You Stand Out:

• Current or previous experience working at or with CDFIs.
• Self-motivation and enthusiasm for synthesizing complex information and concepts into straightforward, concise and insightful analysis.
• Strong curiosity about the CDSL sector\'s regulatory and operational environment and municipal finance.
• Ability to process, understand and interpret relevant quantitative data accurately.
• Willingness to contribute to a positive work environment; work collaboratively as part of a team.

• Strong numbers and data background; developed communication (verbal and written) and presentation skills.

Why Fitch?

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.

Fitch Group is a global leader in financial information services with operations in more than 30 countries. Wholly owned by the Hearst Corporation, we are comprised of three main businesses: Fitch Ratings | Fitch Solutions | Fitch Learning.

For more information please visit our websites: | |

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 interests 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 an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability, protected veteran status, sexual orientation, gender expression, gender identity or any other characteristic protected by law.

FOR NEW YORK AND CALIFORNIA ROLES ONLY: Expected base pay salary range for this role is $95,000 - $130,000 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.

Fitch Group