Managing Director - Head of U.S. Leveraged Finance

Fitch Ratings

Managing Director - Head of U.S. Leveraged Finance

Fitch Ratings is seeking a Managing Director for the U.S. Leveraged Finance team based in New York. The role focuses on leveraged finance issuers and involves close collaboration with analysts to shape credit views.

New York, NY

Debt Capital Markets (DCM)

Full-time

Hybrid

250k – 500k

Posted On:
August 1, 2026

Fitch Ratings is currently seeking a Managing Director – Head of U.S. Leveraged Finance based out of our New York office.

As one of the world’s top three credit ratings agencies, Fitch Ratings plays a critical role in global capital markets by providing supplementary credit analysis, ratings, research, and commentary to financial market participants. For over 100 years, Fitch Ratings has been creating value for global markets through its rigorous analysis and deep expertise, which have resulted in a variety of market leading tools, methodologies, indices, research, and analytical products.

Fitch Ratings is part of Fitch Group, a global leader in financial information services with operations in more than 30 countries, which also includes Fitch Solutions. With dual headquarters in London and New York, Fitch Group is owned by Hearst.

At Fitch Ratings, credit analysts play a pivotal role in moving markets, as quality credit analysis is the lifeblood of our organization. With a legacy of over a century, our unique approach to credit ratings offers unmatched opportunities for professional growth. Embracing a “challenger mindset,” you'll join a team dedicated to innovating service to our clients. Our people-driven analysis thrives on collaboration across all levels and locations, surpassing traditional financial modeling.

Lastly, as part of our global community, you'll find inspiration, challenge, and support, with ample opportunities for visibility and influence in the global financial marketplace.

This role is a senior analytical and market-facing position focused on leveraged finance issuers across broadly syndicated loans (BSL), high yield bonds, and private credit.

The Head of U.S. Leveraged Finance will act as a key thought partner to our analytical ratings teams, contributing deep credit expertise and judgment on complex and highly leveraged issuers. The role involves close collaboration with analysts to help shape credit views, particularly on more challenging credits and leveraged finance structures, while serving as a senior and visible representative of Fitch to issuers, bankers, private equity sponsors, and other market participants.

• Extensive experience across leveraged finance markets, including BSL, high yield bonds, and private credit.
• A strong credit-oriented background, ideally from a credit rating agency, buy-side, sell-side, or ratings‑adjacent advisory platform.
• Demonstrated experience with distressed debt, restructurings, and liability management transactions, and the ability to assess credit implications across stressed scenarios.
• Working familiarity with CLO market dynamics and investor considerations as they relate to the leveraged loan ecosystem (deep structuring experience not required).
• Familiarity with ratings agency frameworks, methodologies, and workflow is a strong plus.
• A track record of providing senior‑level analytical judgment and mentoring analysts on complex credit situations.
• Strong credibility and relationships across leveraged finance market participants, including issuers, PE sponsors, and arranging banks.

• Act as a senior subject‑matter expert on leveraged finance, providing guidance and insight to analytical teams on complex, highly levered, capital structures.
• Contribute to the development and refinement of credit views and ratings criteria through discussion, analysis, and challenge, particularly in stressed, distressed, or restructuring situations.
• Provide leadership and direction to a team of approximately 15 leveraged finance professionals, fostering a collaborative, inclusive environment focused on analytical excellence, sound credit judgment, and professional development.
• Serve as a visible senior presence in external meetings with…