eFinancialCareers

• Company

  Fitch Ratings

• Location

  UK-London

• Compensation

  Competitive

• Position Type

  Permanent

• Employment type

  Full time

• Updated

  26 Oct 2009

• eFC Ref no

  583938

Overview

Fitch has long been the industry leader in the financial institutions sector, providing more ratings worldwide than any other rating agency – on over 3,500 entities and their securities.  The firm also provides financial strength and debt ratings for more than 2,500 insurance companies globally. 
 

Role description

We are looking for an analyst to join our financial institutions team based in London, concentrating primarily on the rating of financial institutions across the Nordic region. Working in a small team under the supervision of a Senior Director, training will be provided as required, but you will be expected to assume some degree of responsibility at an early stage.

In this role you will travel across the Nordic region and elsewhere across Europe to participate in review meetings with senior management at rated institutions, carry out data analysis and bank research, write credit rating reports in English and present credits to a rating committee.  You will also be expected to attend rating committees on banks from other geographic areas, and contribute to internal discussions on rating issues.

It is important that you should be able to work independently while also being a good team player and be able to cope with time pressure and deadlines; be happy to travel (around 20% of working time) and appreciate different cultures.

Specific responsibilities

• Analyse and interpret published financial statements and maintain Fitch internal financial database.
• Closely follow developments at rated institutions, assessing the potential impact on the rated entity and maintaining the relationship with the rated entity.
• Regularly meet rated institutions to discuss strategy, performance and risk management with senior management.
• Prepare credit rating reports on rated institutions (target of at least 12 per year).
• Present credits to internal rating committee.
• Follow sector-wide developments and assess their potential impact on rated institutions, participating in the preparation of special reports.
• Participate in rating committees for other rated financial institutions.
• Participate in internal discussions on sector-wide rating issues.

Person profile

We are seeking individuals who possess a good educational background, including strong results at degree level or equivalent coupled with a a balance of incisive numerical and analytical skills, together with an ability to speak and write concise, fluent English (must have experience in writing essays/reports). An appropriate post-graduate academic or professional qualification would be advantageous.

Given the scope and nature of this role a knowledge of the Nordic financial markets coupled with experienced ideally gained within an audit firm, a banking or a financial regulator / regulatory environment.  

Naturally you will be an excellent communicator; Nordic language skills would be an advantage as would fluency in other European languages
 

Fitch is an equal opportunity employer that employs people across the full spectrum of society. Fitch works hard to create a workplace with an emphasis on inclusion, innovation and merit. By valuing diversity and equality in our workplace, we believe it adds strength to our business.