Power and Energy Infrastructure Project Finance, Managing Director (Chicago)

Power and Energy Infrastructure Project Finance, Managing Director (Chicago)

Business Unit: Fitch Ratings — Category: Data & Analytics — Location: Chicago, IL, US

Fitch Ratings is seeking a Managing Director – Power and Energy, Infrastructure and Project Finance based out of our Chicago office. The role reports to the Head of Utilities, Power and Energy teams within the CIPF group. This senior leadership position involves leading analytical coverage, sector research, and market engagement for a growing sector. Responsibilities include managing a team of 10 analysts covering more than 75 public and private debt issuers.

Responsibilities

• Direct managerial responsibility for a team of 10 analysts covering >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.

Qualifications

• 15+ years of relevant experience in a capital markets and/or credit analysis role.
• Experience managing people and teams.
• Advanced education: Bachelor’s degree required; CFA, MBA, or other advanced qualification preferred.
• Strong knowledge of the power and energy sectors, including renewable and conventional power generation, electric and natural gas transmission, and LNG assets.
• Deep understanding of project finance structures, financing documentation, contractual arrangements, and risk allocation frameworks.
• 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.
• Ability to shift fluidly between multiple projects as priorities change.
• Excellent written and verbal communication skills.
• Healthy sense of intellectual curiosity and a lifelong learning mindset.

Benefits

• Hybrid work environment: 3 days a week in office required.
• A culture of learning & mobility: dedicated trainings, leadership development and mentorship programs.
• Investing in your future: retirement planning and tuition reimbursement programs.
• Promoting health & wellbeing: comprehensive healthcare offerings.
• Supportive parenting policies: family‑friendly policies, including a generous global parental leave plan.
• Inclusive work environment: collaborative workplace where all voices are valued, plus Employee Resource Groups.
• Dedication to giving back: paid volunteer days, matched funding for donations and community volunteer opportunities.

Equal Opportunity and Conflict of Interest Statement

Fitch is proud to be an Equal Opportunity and Affir­mative 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. 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 be successful in the recruitment process, you will be asked to declare any securities holdings and other potential conflicts prior to commencing employment, and may need to divest if required.

Compensation

Expected base pay rates for the role will be between $270,000 and $310,000 per year, with additional components such as commission earnings, discretionary bonuses, and long‑term incentives.