Power and Energy Infrastructure Project Finance, Managing Director; Chicago

Fitch Ratings is currently seeking a Managing Director – Power and Energy, Infrastructure and Project Finance based out of our Chicago office.

The Managing Director will report to the Head of Utilities, Power and Energy teams within the CIPF group and lead analytical coverage, sector research, and market engagement in the growing power and energy sector. The role oversees a team of 10 analysts covering more than 75 public and private debt issuers.

• Extensive experience in project finance, infrastructure finance, credit analysis, or debt capital markets, with significant focus on power and energy assets
• Deep understanding of project finance structures, financing documentation, contractual arrangements, and risk allocation frameworks
• Strong knowledge of the power and energy sectors, including renewable and conventional power generation, electric and natural gas transmission and LNG assets
• Proven leadership experience managing teams and mentoring analysts
• Strong, well‑established relationships across the power, energy, and infrastructure sectors, including issuers, sponsors, lenders, investors, advisors, and other capital markets participants

• Have direct managerial responsibility for a team of 10 analysts covering more than 75 public and private debt issuers
• Provide credit leadership in the ratings process, ensuring consistent application of Fitch’s criteria and methodologies
• Chair or lead rating committee discussions and provide senior judgment on rating recommendations and surveillance actions
• Oversee development of rating rationales, research publications, sector outlooks, and market commentary
• Contribute to criteria development and analytical consistency, and support strategic business initiatives within Fitch
• Represent Fitch externally in meetings with issuers, sponsors, banks, investors, advisors, and other market participants
• Lead, mentor, and develop analysts within the project finance team
• Foster a positive, collaborative and high‑performing work environment and contribute to the overall ethos of the U.S. and Canada CIPF rating team in a manner that prioritizes and advances Fitch’s strategic goals
• Champion analytical excellence and operational efficiency by adopting best practices and leveraging new technologies

• 15+ years of relevant experience in capital markets and/or credit analysis
• Experience managing people and teams
• A healthy sense of intellectual curiosity and a lifelong learning mindset
• Ability to shift fluidly between multiple projects as priorities change
• Excellent written and verbal communication skills
• Bachelor’s degree required; CFA, MBA, or other advanced qualification preferred

• Hybrid work environment: 3 days a week in office required
• Culture of learning & mobility:
  Dedicated trainings, leadership development and mentorship programs designed to ensure continuous learning
• Investing in your future:
  Retirement planning and tuition reimbursement programs
• Promoting health & wellbeing:
  Comprehensive healthcare offerings
• Supportive parenting policies:
  Family‑friendly policies, generous global parental leave plan
• Inclusive work environment:
  Collaborative workplace where all voices are valued
• Dedication to giving back:
  Paid volunteer days, matched funding for donations and ample opportunities to volunteer

Fitch is proud to be an Equal Opportunity and Affinitive 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.

FOR NEW YORK AND CHICAGO ROLES ONLY:
Expected base pay rates for the role will be between $270,000 and $310,000 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 may also include commission earnings, discretionary bonuses, long‑term incentives, and other benefits sponsored by Fitch.