Associate Director - Regulatory Compliance and Legal

At Fitch, we have an open culture where employees are able to exchange ideas and perspectives, throughout the organization, irrespective of their seniority. Your voice will be heard allowing you to have a real impact. We embrace diversity and appreciate authenticity encouraging an environment where employees can be their true selves. Our inclusive and progressive approach helps us to keep a balanced perspective.  Fitch is also committed to supporting its employees by advancing conversations around diversity, equity and inclusion.  Fitch’s Employee Resource Groups (ERGs) have been established by employees who have joined together as a workplace community based on similar backgrounds or life experiences.  Fitch’s ERGs are available to connect employees with others within the organization to offer professional and personal support. 

With our expertise, we are not only creating data and information, but also producing timely insights from every angle to influence decision making in this ever changing and highly competitive market. We have a relentless hunger to innovate and unlock the power of human insights and to drive value for our customers. There has never been a better time to make an impact and we invite you to join us on this journey.

Associate Director/Director – Regulatory Compliance and Legal

Given the overlapping duties of the Regulatory Compliance and Legal teams, Fitch Group is actively seeking a Director or Associate Director level candidate to jointly support the Regulatory Compliance and Legal teams to be based in New York or Chicago.

The Regulatory Compliance team is responsible for acting as the primary point of contact for Fitch Group’s regulators, and managing the inquiry and examination process. It is also responsible for making regulatory submissions, filings, notifications and disclosures to regulators. It further addresses compliance-related questions and issues from staff, and provides advice in enhancing policies, procedures and controls. Lastly, it is responsible for analyzing, investigating and handling conduct-related complaints and internal incidents. Regulatory Compliance is divided into four regional teams: North America; Latin America; Europe Africa & Middle East; and Asia Pacific.

The Legal team is responsible for addressing the legal issues involved in the operations of Fitch Group.  It provides guidance on corporate, transactional, litigation and regulatory matters.  It also reviews and drafts transactional documents, internal policies and procedures and regulatory filings.  The Legal team is comprised of 13 attorneys based in 5 cities: New York, London, Madrid, Hong Kong and Tokyo.

The successful candidate will join the Regulatory Compliance North America (“NAM”) team, and will have a dual reporting line to the NAM Head of Regulatory Compliance, who is based in Chicago and a Deputy General Counsel, who is based in New York.

The individual will work closely with his or her Regulatory Compliance and Legal colleagues in New York and in the other regions, along with Business Relationship Management, Operations, Human Resources and other internal support and control functions. The individual will gain an understanding of both Fitch Group’s business and operations, and the rules and regulations under which it operates. 

What We Offer:

• The Compliance Department’s mission is to deliver a proactive, globally harmonized but locally anchored compliance risk management program designed to facilitate delivery of high-quality products and services in a manner that meets regulatory expectations, industry best practices and Fitch Group’s Code of Conduct. Compliance is comprised of four main teams: Regulatory Compliance, Personal Conflicts Monitoring, Compliance Testing & Monitoring and Compliance Data, Systems & Metrics.
• The Legal Department’s mission is to not only provide timely, informed counsel to its clients that enables them to properly evaluate the legal implications of Fitch Group’s issues, but also to draft the documents and review the transactions associated with the operation of its business.

We’ll Count on You To:

• Regulatory Matters: (i) providing advice and guidance to Fitch Group on compliance with relevant laws, rules and regulations, including US, UK and EU laws and regulations, (ii) assisting with and responding to regulatory examinations and inquiries, involving among other entities, the SEC, ESMA and FINRA and (iii) supporting as needed, Fitch Group regulatory filing obligations with regulators, including the SEC, ESMA and the FCA;
• Internal Reviews and Investigations: conducting internal reviews and investigations designed to analyze and resolve internal incidents, and complaints from third parties, relating to a breach of a law, rule regulation or internal compliance requirement, and coordinating and reporting on the Com