Credit Analyst - Financial Institutions - Non-Bank Financial Institutions (15981)

  • Competitive
  • Frankfurt am Main, Hessen, Germany Frankfurt am Main Hessen DE
  • Permanent, Full time
  • Fitch Ratings
  • 20 Jun 18 2018-06-20

Credit Analyst - Financial Institutions - Non-Bank Financial Institutions (15981)

Dual-headquartered in New York and London, Fitch Ratings is a leading provider of credit ratings, commentary and research. Dedicated to providing value beyond the rating through independent and prospective credit opinions, Fitch Ratings offers global perspectives shaped by strong local market experience and credit market expertise. The additional context, perspective and insights we provide help investors to make important credit judgments with confidence.


Fitch Solutions delivers credit market data, analytical tools and risk services to the global financial community. In addition to offering proprietary market-based content, Fitch Solutions distributes the ratings, research and financial data of Fitch Ratings through a variety of flexible platforms. With innovation and experience behind every solution, Fitch Solutions helps financial professionals meet the diverse and evolving needs of today's global markets.


Fitch Ratings and Fitch Solutions, along with Fitch Learning and BMI Research, are part of the Fitch Group, a global leader in financial information services with operations in more than 30 countries. Fitch Group is wholly-owned by Hearst.


Fitch Ratings and Fitch Solutions are an equal opportunity / affirmative action employer, complying with all laws governing employment in each jurisdiction in which operating, and provide equal opportunity to all applicants and employees. All qualified applicants will be considered without regard to race, color, religion, gender, national origin, age, disability, marital or protected veteran status, sexual orientation, gender identity and other status protected by applicable laws.


Department overview:

The Fitch Ratings Financial Institutions Group has actively built the agency into the global leader in bank credit rating coverage with strong market positions in banks and increasingly non-bank financial institutions (NBFI). Our experienced analysts provide comprehensive, timely and transparent coverage of major institutions around the world, as well as unparalleled coverage of smaller companies. Our analysts offer a diversity of talent and backgrounds, with experience in regulatory oversight, counterparty analysis, auditing, investment banking, buy-side investing and more.


The EMEA NBFI team, based in London and Frankfurt, forms part of the Financial Institutions group and covers a range of NBFI segments, including investment managers, securities firms, finance and leasing companies along with exchanges and clearing houses in the EMEA region. The NBFI rating process includes a detailed assessment of a company's stand-alone credit profile as well as of the likelihood and nature of external support should the entity experience financial difficulties. Quantitative aspects of an entity's credit profile are reviewed, such as balance sheet integrity, profitability and cash flow generating capacity. The analysts also evaluate qualitative factors of the institution, such as strategy and quality of management, the environment in which it operates, and the most likely future development of its business. Final rating determinations are made by committees comprised of analysts and seasoned independent committee members, including Fitch Ratings senior management.


Job Description:

We are currently looking for an Analyst to join our NBFI team in Frankfurt to cover issuers across a broad range of NBFI sectors and to support more senior analysts in the team.


Primary duties will include:

  • Monitoring a portfolio of issuer ratings, including performing analysis of quantitative and qualitative factors and the preparation of rating committee documentation.
  • Participation in on-site rating meetings and credit rating committees for NBFIs in the EMEA and other regions.
  • Writing and publishing of comprehensive rating reports on individual issuers.
  • Publication of sector-specific research and insightful commentary.


Qualifications and Experience:


Suitable candidates should have the following qualifications and experience:

  • Analytical work experience, ideally in a credit- or audit-related field. 
  • Background in either financial institutions or corporate credit analysis. Some experience in analysing one or several of Fitch's NBFI sectors (finance companies, investment managers, securities firms, financial market infrastructure companies) and/or experience in leveraged finance credit analysis is desirable.
  • Good educational background to at least a 2:1 university degree level, preferably with professional qualifications (such as CFA, ACA, ACCA).
  • Proficiency in English is a must. Fluency in other European languages, in particular French or Italian, is highly desirable.
  • Ability to work independently as well as being a good team player.
  • Ability to cope with time pressure and work to deadlines is essential.


We are looking for a self-motivated professional who works well in a team environment and can actively contribute to credit-related discussions. Strong writing and communication skills are essential, as well as a strong command of financial statement analysis, experience with spreadsheet creation and analysis, and the ability to handle numerous projects simultaneously. This position is available in Fitch's Frankfurt office and will involve occasional travel within Europe.



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.


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