Credit Opinion Group

Credit Opinion Group - Director (Toronto)

**Requisition ID**:47208**Business Unit**:Fitch Ratings**Category**:Credit Analysis & Research**Location**:Toronto, ON, CA**Date Posted**:Oct 10, 2024

**Fitch's Global Infrastructure and Project Finance Group (GIG) is currently seeking a Director based out of our London, New York, and Toronto offices.**
- The Global Infrastructure and Project Finance Group (GIG) covers approximately 650 credits across transportation, power & energy, social, digital and water infrastructure, as well as sports facilities and UK whole business securitization. The group comprises approximately 85 analysts with backgrounds particularly in project finance, structured credits and corporate finance, based in Fitch’s offices in New York, Chicago, San Francisco, Austin, London, Milan, Toronto, Sao Paulo, Dubai, Madrid, Monterrey, Ciudad del México, Singapore, and Sydney.- The portfolio includes public and private ratings and credit opinions covering a variety of transaction types, including project finance, corporate finance and structured credits. The issuers include owners of airports, toll roads, ports, rail infrastructure, power plants, oil and gas facilities, renewable assets, digital infrastructure or public private partnerships. The team’s output consists mainly of annual surveillance reviews, new ratings, internal credit assessments and sector research reports which are published primarily through Fitch’s website. The senior analysts present regularly to market participants at conferences and other events.-
**What We Offer**:

- High value for independent opinion
- Collaborative work environment
- Opportunity for career growth in one of the fastest growing sectors
- Great company culture with strong believe in DEI
- Hybrid working

**We’ll Count on You To**:

- In this role, you will have the lead analytical responsibility for analysing project finance loans across infrastructure sectors such as Transportation, Public Private Partnerships, and Power & Renewable sectors and any unique project finance structures across broader alternative infrastructure sectors.- Your involvement will take the form of leading the analysis for new loans and reviewing surveillance of existing rated loans on your allocated portfolio.- Specific responsibilities will include but may not be limited to the following:
- Build and manage a global team of analysts and provide guidance on how to execute credit assessments.
- Develop and oversee administrative processes associated with delivering credit assessments to other analytical groups.
- Coordinating internally with the structured finance team to ensure timely completion of credit assessments.
- Interact with external parties, including asset managers, as part of the credit assessment process.
- Undertake, as Primary Analyst, credit opinions on newly assigned transactions as well as monitoring any existing credit opinions on your allocated portfolio. Present credit recommendations to rating committees.
- Closely follow market developments in the relevant sectors and assessing the potential impact on the allocated loan portfolio.

**What You Need to Have**:

- A keen interest to deepen your understanding of infrastructure and project finance
- Ability to identify quickly the key risk factors in a transaction
- Good understanding of capital structures and financial documentation with exposure to both project finance and corporate-style construct
- Ability to read and fully comprehend complex structures and ask probing questions
- Keep fully up to date with sector trends in order to assess the impact on particular transactions
- Ability to formulate and deliver clear and concise opinions within robust analytical rationale as you will have regular interaction with ratings committees;
- Excellent Excel skills to support analysis; Equally, Word and Power Point skills are a requisite
- Demonstrated written and verbal communication skills in English.
- Ability to shift fluidly between multiple projects as priorities change and work in a team-oriented setting
- Have initiative, propose solutions and ideas as well as be able to work with tight deadlines in a fast-paced environment to achieve clear goals
- Given the requirement for rating agencies to provide independent opinions, strength of character and discipline is required and you must be able to appreciate the wider regulatory environment in which Fitch operates. You should be able to work independently in an international environment while also being a good team player, being able to cope with time pressure and deadlines and handle multiple assignments simultaneously.**What Would Make You Stand Out**:

- A degree in Finance, CPA/CFA qualifications are beneficial but not essential.
- Relevant experience covering infrastructure or project finance in a bank, financial institution, credit rating agency, investor/asset manager or other credit role

**Why Fitch?**
- At Fitch, we have an open culture where e