Credit Analyst - International Public Finance - Analyst - Russian or Turkish speaker
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 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. Department overview:
The International Public Finance Group (IPF) is responsible for assigning and maintaining international credit ratings on public entities and their debt issues worldwide. The Group is split into three areas: APAC, EMEA and Latin America. In EMEA, the Group currently maintains more than 220 public ratings (and a number of private ratings) on local and regional governments and government related entities, including public entities in sectors such as social housing, public transportation, specialised financial vehicles, health care and higher education as well as any entity that has a public policy mission . In EMEA, the IPF analytical team consists of 25+ analysts. The EMEA analytical team is based in Paris, Frankfurt, London, Milan, Barcelona, Madrid, Warsaw and Moscow. Responsibilities:
The role will concentrate on a large range of local and regional governments and public-sector entities in Germany, Turkey and Russia. There will also be opportunities to be involved in other EMEA countries (such as Netherlands, Romania and some CEE countries). The candidate will report to the Frankfurt Public sector team head.
The credit analysis of these entities requires a good understanding of multiples issues (financial, institutional, legal or economic issues). The successful candidate will be able to adapt and understand quickly the main credit issues of each issuer and show a good attention to details. He/she will also demonstrate an ability to compare credits and make meaningful recommendations.
- Monitoring a portfolio of public-finance issuer ratings, preparation of rating committee documentation and discussing credit analyses in rating committees
- Data analysis related to government-related entities, local governments sector and individual issuers
- Writing and publishing comprehensive rating reports on individual issuers
- Preparing and participating in management meetings with the rated entities
- Participation in credit rating committees for local governments and government-related entities in both your allocated region and other countries
- Publication of sector-specific research and insightful commentaries
- Responding to external queries from investors, bankers and other fixed income market participants and the media together with more senior analysts
- Complying at any time with rating policies and procedures and with regulations on credit rating agencies
- Plus other duties as required
It is important that the candidate should be able to work independently in an international environment while also being a good team player, being able to cope with time pressure and deadlines, and being happy to travel for short periods. Qualifications and experience:
- Previous financial or credit analysis experience
- Strong analytical skills, with a good attention to details and ability to synthetize
- Good knowledge of the public sector, and in particular of Local and Regional Governments (although not required)
- Fluency in German and English plus either Russian or Turkish language
- Degree educated, ideally within Finance or Public Sector / Economics
- Excellent writing and communication skills
- Ability to handle multiple assignments simultaneously
- Proficient knowledge of standard business software
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 holding that may conflict with your work responsibilities, you may be asked to divest yourself or them before beginning work.
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 Application:
To apply please submit a cover letter and most recent CV including remuneration details, via the enclosed links.
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.
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