Fitch Ratings is currently seeking an experienced analyst, at the Associate Director or Director level based out of our Sydney 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.

Want to learn more about a career as a credit analyst at Fitch Ratings? Visit: https://careers.fitch.group/content/Credit-Analysts/

About The Team

Fitch Ratings’ APAC Corporates, Infrastructure and Project Finance (CIPF)



Group provides public and private ratings of companies and their debt instruments, as well as ratings for project finance and infrastructure transactions across the Asia-Pacific region. Fitch is seeking an Associate Director/Director, based in our Sydney office, who will be focused on infrastructure and project finance ratings.

How You’ll Make An Impact

In this role, you will have lead analytical responsibility for rating transactions primarily in Australia across Transportation, Public-Private Partnership (PPP) and Power & Renewable sectors. The rated issuers may be project finance special purpose vehicles (SPVs) or enterprises operating within these sectors.

Your responsibilities will involve leading the analysis of new transactions as well as conducting surveillance on existing publicly or privately rated transactions. In addition, you will contribute to writing and publishing research reports.

Specific responsibilities will include but may not be limited to the following:

- Undertake, as a Secondary or Primary Analyst, credit ratings on new transactions as well as monitoring existing ratings.
- Prepare rating action commentaries for publication.
- Closely follow market developments surrounding rated transactions and their sectors, assessing the potential impact on the transaction and maintaining contact with related parties.




- Present credits to internal rating committees.
- Participate in, and contribute to, rating committees for other rated transactions.
- Participate in internal discussions on sector-wide credit issues that could lead to publication of research reports.

You May Be a Good Fit If

- A minimum of 7 years relevant experience in a capital markets and/or credit analysis role;
- Solid analytical experience within the infrastructure sector at a financial services firm; ideally, including transactions in the Australian market;
- Strong ability to quickly identify key risk factors in a transaction;
- Excellent Excel and financial modelling skills to support analysis, along with sound understanding of capital structures and financial documentation;
- Proven ability to formulate and deliver clear and concise opinions backed by robust analytical rationale, with regular interaction expected with ratings committees, issuers, bankers and other external parties;
- Ability to ask probing questions of companies and their advisers and to remain fully informed about sector trends to assess their impact on specific transactions; and
- Demonstrated written and verbal communication skills in English.

Given the requirement for rating agencies to provide independent opinions, strength of character and discipline is required and you must be able to appreciate the wider regulatory setting in which Fitch operates. You should be able to work independently in an international environment while also being a good team player, being able to cope with time pressure and deadlines, handle multiple assignments simultaneously, and being happy to travel for short periods.

What Would Make You Stand

📌 Associate Director/Director, Corporates, Infrastructure and Project Finance Ratings, Sydney
🏢 Fitch Ratings
📍 Sydney