Power and Energy Infrastructure Project Finance, Managing Director

Role Overview

Fitch Ratings is currently seeking a Managing Director – Power and Energy, Infrastructure and Project Finance based out of our Toronto office. Fitch’s U.S. & Canada Corporates, Infrastructure and Project Finance (CIPF) Rating team is seeking a Managing Director to lead the Power and Energy Project Finance team in our Toronto office. The role will report to the Head of Utilities, Power and Energy teams within the CIPF group.

This is a senior leadership role within Fitch Ratings responsible for leading analytical coverage, sector research and market engagement in a growing sector. The role entails managing a team of 10 analysts covering more than 75 public and private debt issuers.

• Have direct managerial responsibility for a team of 10 analysts covering more than 75 public and private debt issuers;
• Provide credit leadership in 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.

• 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.

• 15+ years of relevant experience in a capital markets and/or credit analysis role;
• Experience managing people and teams;
• A healthy sense of intellectual curiosity and a life‑long 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
• A Culture of Learning & Mobility:
  Dedicated trainings, leadership development and mentorship programs designed to ensure that your time at Fitch will be a continuous learning opportunity
• Investing in Your Future:
  Retirement planning and tuition reimbursement programs that empower you to achieve your short and long‑term goals
• Promoting Health & Wellbeing:
  Comprehensive healthcare offerings that enable physical, mental, financial, social, and occupational wellbeing
• Supportive Parenting Policies:
  Family‑friendly policies, including a generous global parental leave plan, designed to help you balance career and family life effectively
• Inclusive Work Environment: A collaborative workplace where all voices are valued, with Employee Resource Groups that unite and empower our colleagues around the globe
• Dedication to Giving Back:
  Paid volunteer days, matched funding for donations and ample opportunities to volunteer in your community

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 interest or any appearance of a conflict of interest. Should 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 proud to be an Equal Opportunity and Affidavit 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.