Associate Analyst - London - September 2020
Fitch Group is a global leader in financial information services with operations in more than 30 countries. Fitch Group is comprised of: Fitch Ratings, a global leader in credit ratings and research; Fitch Solutions, an industry-leading provider of credit risk products and services; and Fitch Learning, a preeminent training and professional development firm. With dual headquarters in London and New York, Fitch Group is owned by Hearst.
Fitch complies with all laws governing employment in each jurisdiction in which it operates, and provides equal opportunity to all applicants and employees. All applications will be considered without regard to race, colour, religion, gender, national origin, age, disability, marital or veteran status, sexual orientation, and other status protected by applicable laws. Fitch Ratings' Associate Analyst programme is an exceptional entry level opportunity for recent graduates.
Associate Analysts will collaborate with more senior analysts on transaction performance reviews or new issue ratings; gather and analyse the latest industry, regulatory, and economic information; develop an understanding of legal and accounting issues affecting a security; run computer models and perform spreadsheet analysis to evaluate credit risk and cash flow coverage; present transaction reviews and analysis at rating committees; be involved in drafting of rating affirmations or other rating actions; write research reports and press releases; adopt the Fitch style - a high level of service to investors and issuers and a team-oriented approach to ratings analysis.
Candidates will have a strong academic track record and be in their last year of study, ideally related to finance or economics. However, we also welcome applications from candidates from other disciplines such as engineering and sciences. You must have excellent communication skills and be able to deliver clear and concise analysis. Opportunities may include:
Structured Finance, Corporates, Financial Institutions, and Global Infrastructure Group. Structured Finance:
Fitch's Structured Finance team maintains existing ratings and assigns ratings to new structured finance transactions. Fitch currently rates Structured Finance transactions across four main asset classes: Asset Backed Securities, Residential Mortgage Backed Securities, Commercial Mortgage Backed Securities and Structured Credit. We are committed to bringing our legacy of transparency and openness to bear in all areas of the structured finance market. We have developed new investor focused surveillance tools and enhanced our existing offerings to ensure that a security's risk is clearly identified and that our opinions continue to be objective and forward-looking. In the complex field of global securitization, Fitch Ratings explores every angle of a transaction so that investors have the additional insight and context necessary to make timely and informed business decisions. Corporates:
The Fitch Ratings Corporates group provides public and private ratings on companies and their debt instruments, including — bank loans, senior and subordinated debt, commercial paper and preferred stock.
The group's analytical methodology addresses the legal, regulatory and market environments in over 100 countries in which Fitch Ratings operates, with particular emphasis on debt structure. Corporates group analysts continually expand and deepen their research, combining industry expertise with the finest analytical tools to offer well-informed and timely judgments. Financial Institutions:
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. Fitch's financial institutions' coverage includes not only banks, but also finance and leasing companies, securities firms and asset management organisations. In addition, the group supports dedicated teams for rating specialised securities such as covered bonds. Global Infrastructure Group:
Fitch's Global Infrastructure Group (GIG) is responsible for the credit ratings of debt related to infrastructure assets mainly in the transportation, energy, and social infrastructure sectors.
The portfolio includes public ratings and private credit opinions covering a variety of transaction types (project finance, corporate finance and structured finance). The assets include airports, toll roads, ports, rail infrastructure, power plants, oil and gas facilities, wind and solar parks, schools and hospitals. The team's output consists mainly of annual surveillance reviews, new ratings and sector research reports which are published primarily through Fitch's website.
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 interests or any appearance of a conflict of interest. Should you be successful in the recruitment process at Fitch Ratings you will asked to declare any securities holdings and other potential conflicts for you and your Family Members prior to commencing employment. If you, or your Family Members, have any holdings that may conflict with your work responsibilities, they must be sold before beginning work. In certain roles, employees and their Family Members may be limited to investments in diversified mutual funds only.
For more information about this policy, please visit the code of ethics and conduct page - http://www.fitchratings.com/web/en/dynamic/about-us/code-of-ethics-and-conduct.jsp