Funds Ratings - Director (Chicago)

Location: Chicago, IL; hybrid schedule with office attendance on Tuesdays, Wednesdays, and Thursdays

Annual base salary: $140,000–$170,000

Company

hirify.global is a full-service credit rating agency that evaluates and monitors credit instruments issued by funds and other fund vehicles.

What you will do

• Lead new issuance rating processes by evaluating capital structures, legal protections, collateral quality, cash flow dynamics, and manager experience.
• Conduct due diligence meetings with issuers and fund managers to assess investment processes, risk management, and execution capabilities.
• Prepare rating memoranda and issuance reports, and present recommendations to rating committees.
• Lead ongoing monitoring and surveillance of outstanding issuances and ratings.
• Develop complex spreadsheets, databases, financial models, and analytical tools to support rating and surveillance processes.
• Collaborate across project finance, corporate finance, financial institutions, and structured finance, while mentoring junior team members and contributing to industry research.

Requirements

• Bachelor’s degree in Finance, Business, Mathematics, or a related field that demonstrates strong analytical ability.
• At least eight years of experience in fund finance, investing, or structured finance.
• Experience with private equity, private credit, real estate, infrastructure, and asset-based lending strategies.
• Understanding of subscription lines, NAV financing, hybrid facilities, rated feeders, liability structures, LTV and advance rates, payment priorities, and structural protections.
• Advanced Excel proficiency for building financial models, projecting asset cash flows, and assessing debt repayment under stress scenarios.
• Strong credit analysis, written and verbal communication, relationship management, and time and resource management skills.

Nice to have

• CFA qualification or interest in obtaining the CFA.
• Familiarity with generative AI tools such as ChatGPT for research, data insights, and productivity.
• Experience assessing fund, asset, and counterparty creditworthiness under rating methodologies.

Culture & Benefits

• Hybrid work schedule with three required office days per week.
• Competitive benefits and paid time off.
• Paid family and disability leave.
• 401(k) plan with employer match and immediate vesting.
• Educational and professional development financial assistance.
• Employee referral bonus program.