About this role
Fitch Ratings is currently seeking a Credit Analyst at Director level within the Structured Credit team based out of Manchester.
About The Team Fitch’s European Structured Finance team maintains existing ratings and assigns ratings to new structured finance transactions. We are currently seeking a Director level Credit Analyst to join the European Structured Finance team. The successful candidate will be part of a team of analysts rating transactions backed by mortgage loans, consumer loans and/or corporate loans including leveraged loan CLOs. The team analyses transactions in line with Fitch’s rating criteria and provides high quality credit opinions to investors and other market participants.
How You’ll Make An Impact Implement default, recovery, and cash flow modelling. Reviewing transaction legal documents. On-site review of underwriting and servicing of transaction originators and CLO managers. Preparing rating proposals for presentation to internal rating committees. Communicating rating rationale to investors and other market participants through presale reports, presentations, and meetings. Communicating with transaction arrangers and originators to understand asset characteristics and structural features of the transactions. Assist in the development of criteria and supporting research.
You May Be a Good Fit If This is a demanding and exciting role, so we are looking for highly motivated candidates. The successful candidate should have some prior experience in finance. Knowledge of securitisation structures and in particular CLOs would be beneficial. Candidates will be highly numerate and analytical, with advanced Excel skills. The role also involves analysis of legal transaction documents. While no legal background is required successful candidates should be able to review and analyse legal contracts from a credit risk perspective.
What Would Make You Stand Out A central element of the position is communicating your analysis, both internally and externally. Therefore, candidates should have excellent written and oral communication skills in English. Other European languages are desirable.
Why Choose Fitch Hybrid Work Environment: 3 days a week in office required. A Culture of Learning & Mobility: Dedicated trainings, leadership development and mentorship programs designed to ensure that your time at Fitch will be a continuous learning opportunity. Investing in Your Future: Retirement planning and tuition reimbursement programs that empower you to achieve your short and long-term goals. Promoting Health & Wellbeing: Comprehensive healthcare offerings that enable physical, mental, financial, social, and occupational wellbeing. Supportive Parenting Policies: Family-friendly policies, including a generous global parental leave plan, designed to help you balance career and family life effectively. Inclusive Work Environment: A collaborative workplace where all voices are valued, with Employee Resource Groups that unite and empower our colleagues around the globe. Dedication to Giving Back: Paid volunteer days, matched funding for donations and ample opportunities to volunteer in your community.
Fitch is committed to providing global securities markets with objective, timely, independent and forward-looking credit opinions. 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 at Fitch Ratings you will be asked to declare any securities holdings and other potential conflicts prior to commencing employment. If you, or your immediate family, have any holdings that may conflict with your work responsibilities, you may be asked to divest yourself of them before beginning work.
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.