• Competitive
  • Frankfurt am Main, Hessen, Deutschland
  • Festanstellung, Vollzeit
  • Moody's
  • 2018-09-19

Associate Analyst (RRS – CFG/Infrastructure/Project Finance/Financial Institutions Groups/SFG)

Standort: Frankfurt am Main, Hessen, Deutschland

We are looking for Associate Analysts (AA from level AA3 to AA1) to join the RRS group this year -Corporate Finance Group/ Infrastructure/Project Finance/ Financial Institution teams/Structured Finance Group. The AA will work on more complex and higher profile analysis, and will form a holistic view on certain credits.
The AA role provides an opportunity to make a significant contribution to the success of the Rating teams, by providing a range of analytical support services that contributes to the overall credit analysis function performed by these teams.
The role requires a solid accounting background with strong focus in financial analysis. Candidates will be expected to demonstrate their ability to work effectively in a team environment. The ideal candidate for this role will possess strong organizational skills, demonstrate attention to detail, and enjoy working in a collaborative team environment.
The AA position provides a unique opportunity to foster skills that are valuable to any future career in the financial services industry.
Key Responsibilities - Fundamental

  • The role requires a solid accounting background with strong focus in financial analysis. Candidates will be expected to demonstrate their ability to work effectively in a team environment. The ideal candidate for this role will possess strong organizational skills, demonstrate attention to detail, and enjoy working in a collaborative team environment.
  • Attend analytical meetings (regional travel required) and assist with meeting follow-up reports
  • Perform preliminary credit analysis to support ratings, research, analytical outreach and presentations, with potential exposure to more high-profile subsectors or issuers, under the principle direction of the RRS Team Manager and senior analysts. Examples of analytical work include:
  • Preparing financial spreadsheets and charts, analyzing data and financial statements, building and updating financial models and forecasts, and writing analytical commentary in accordance with Moody's methodologies.
  • Identifying trends in data and use analytical ability, applying judgment to form well thought out credit conclusions.
  • Interpret and analyse financial data
  • Ability to understand and identify key factors that affect issuer credit ratings
  • Develop working knowledge of Moody's methodologies in order to apply to credit analysis.
  • Support credit monitoring/surveillance of issuers by e.g. preparing data for surveillance, periodically updating preliminary components of analysis, and initiating/escalating deeper credit reviews when necessary
  • Interact with intermediaries and issuers
  • Review rating documentation, including bank loans, covenants and bond indentures and contribute to portfolio reviews
  • Support sector and company research writing
  • Perform certain routine administrative and other ad hoc credit-related tasks.

Responsibilities - Structured Finance Group
  • Perform preliminary credit analysis to support ratings, research, analytical outreach and presentations, following guidance provided by the Team Manager. Examples of analytical work include:
  • Analyse portfolio and loan level data provided by third parties (arrangers, originators, trustees) by applying Moody's methodologies, running structured finance tools and models.
  • Identify and analyse data trends in order to provide preliminary credit conclusions.
  • Prepare data for the lead analysts in R&R, periodically updating preliminary components of analysis, and escalating issues for deeper credit reviews by R&R/senior staff when necessary. Support preparation of rating recommendations to committees.
  • Engage in data analysis related to research articles on sectors, transactions and performance trends.
  • Support efficiency-driven projects and participate in User Acceptance Testing for new technology tools.
  • Develop working knowledge of Moody's methodologies in order to apply to credit analysis .


The Ratings & Research Support department is responsible for producing analytical inputs in support of Moody's Ratings and Research function.
We will be looking to recruit in 2018 a number of Associate Analysts (AA3, AA2, and AA1) across different locations such as Paris and Frankfurt.

#LI-LM1

  • Minimum undergraduate/ first level degree (e.g. Bachelor's Degree, or equivalent qualifications).
  • Preferably some relevant credit analysis experience ideally within the related industry sectors related experience from a recognised financial institution or an audit firm.
  • Good Accounting background (e.g., through coursework, CFA (or equivalent), or relevant work experience).
  • Well-developed IT skills including advanced Excel/ VBA to help build databases and PowerPoint, with the ability to use financial models and software specific to the business.
  • Solid verbal, written communication and interpersonal skills.
  • Ability to adapt to a changing environment and prioritize tasks accordingly.
  • Fluent in English is essential, other European languages would be beneficial please see below.

Corporate Finance Group/ Infrastructure
  • Experience in corporate credit environment either industry experience or a financial insitiution or audit background.
  • Fluent in English is essential and ideally a second language including Spanish, Italian, French, Germany or Dutch is beneficial.

Financial Institutional Groups
  • Preferably some relevant credit analysis experience ideally within Banking/Insurance or related experience from a recognised financial institution or an audit firm.
  • Fluent in English is essential and ideally a second language including Spanish, Italian, French, German, Dutch or Russian is beneficial.

Project Finance
  • Previous project finance experience - either in in originating loans, guarantees and/or equity transactions, managing due diligence, financial modeling, and finance documentation, reviewing project specifications and related project (and corporate) finance activities.
  • Fluent in English is essential and ideally a second language including Spanish, Italian, French, German or Russian is beneficial.

Structured Finance Group
  • Related experience in structured credit or securitisation is beneficial.
  • Fluent in English is essential and ideally a second language including Spanish, Italian, French, German, Dutch or Russian is beneficial.


Moody's is an essential component of the global capital markets, providing credit ratings, research, tools and analysis that contribute to transparent and integrated financial markets. Moody's Corporation (NYSE: MCO) is the parent company of Moody's Investors Service, which provides credit ratings and research covering debt instruments and securities, and Moody's Analytics, which offers leading-edge software, advisory services and research for credit and economic analysis and financial risk management. The Corporation, which reported revenue of $3.6 billion in 2016, employs approximately 10,700 people worldwide and maintains a presence in 36 countries. Further information is available at www.moodys.com.

Moody's is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability, protected veteran status, sexual orientation or any other characteristic protected by law.

MIS and MSS Candidates are asked to disclose securities holdings pursuant to Moody's Policy for Securities Trading. Employment is contingent upon compliance with the Policy, including remediation of positions in those holdings as necessary.

Frankfurt am Main, Hessen, Deutschland Frankfurt am Main Hessen DE