Credit Analyst, Associate Director, REITs​/Real Estate & Leisure - Chicago

Position:
Associate Director – REITs / Real Estate & Leisure

Fitch US Corporates is seeking an Associate Director for coverage in the REITs / Real Estate & Leisure sectors to join our team in Toronto, Chicago or New York office.

• Team‑oriented work environment.
• Opportunity to lead a sector team at a global rating agency.
• Role and platform that helps the debt capital markets make more informed decisions via timely, insightful and forward‑looking rating actions and research.

• Perform analysis of key quantitative and qualitative factors influencing credit quality of select real estate operating companies.
• Develop and maintain comprehensive financial models.
• Present analysis of companies to internal credit rating committees.
• Communicate rating rationale to external audiences (primarily institutional investors, sell‑side analysts and media) in meetings, conference calls, press releases and written research reports.
• Participate in evaluating other credits within Corporates, as well as other related credit groups.

• Bachelor's degree minimum; MBA or other advanced degree a plus.
• CFA/CPA preferred.
• Capital markets and/or credit analysis experience a plus.
• Expertise in Excel and Word.
• Strong analytical, quantitative and organizational skills.
• Excellent written and verbal communication skills.
• Ability to shift between multiple projects as priorities change.
• Ability to excel in a team‑oriented environment.

• Demonstrated understanding of and keen interest in the REIT sector, commercial real estate, leisure and similar property‑linked securities.
• Professional capital markets and/or credit analysis experience with well‑developed financial statement analysis and modeling skills.
• Ability to interpret complex legal documents such as bank agreements and bond indentures.
• Wants to deepen exposure to and understanding of the debt capital markets.
• Strong pattern of leadership and proactive interaction with internal and external stakeholders.

Expected base pay rates between $115,000 and $135,000. Actual salaries determined on an individualized basis and may vary based on education, training, experience, past performance and other factors. Base pay is one part of Fitch’s total compensation package, which may include commission earnings, discretionary bonuses, long‑term incentives and other benefits sponsored by Fitch.

Expected base pay rates between $110,000 and $140,000. Actual salaries determined on an individualized basis and may vary based on education, training, experience, past performance and other factors. Base pay is one part of Fitch’s total compensation package, which may include commission earnings, discretionary bonuses, long‑term incentives and other benefits sponsored by Fitch.

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.

As part of its continued efforts to maintain a safe workplace, Fitch requires that all employees who receive a written offer of employment on or after October 4, 2021 be fully vaccinated (as defined by the CDC) against the coronavirus by the first day of employment as a condition of employment, to the extent permitted by applicable law. Fitch will consider requests for reasonable accommodations due to medical and/or religious reasons on an individual basis in accordance with applicable legal requirements.