Model Development - Quantitative Analyst - London (12701)

  • Competitive
  • London, England, United Kingdom London England GB
  • Permanent, Full time
  • Fitch Ratings
  • 18 Jun 18 2018-06-18

Model Development - Quantitative Analyst - London (12701)

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 majority-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.

Job Description:


The newly created Model Development Team within Fitch Ratings is looking for quantitative analysts at analyst or associate director levels to focus on developing and enhancing rating models for Corporates, Financial Institutions, Insurance, Sovereigns, Public Finance and Infrastructure and Project Finance.


In this position, you will have the opportunity to develop or enhance various models used in the credit rating process including cash flow models, capital models and econometric models. You will be teamed up with other talented developers to design, implement or enhance models, conduct comprehensive testing, and prepare model documentation. Through these projects, you will gain valuable credit modelling experience, a good understanding of rating methodology and criteria and develop knowledge of Fitch's model governance framework and the regulatory environment.



Position Requirements:


  • Bachelor's  Degree in quantitative disciplines required
  • Master's in computer science preferred
  • Quantitative, programming and modelling experience required
  • Excel and VBA knowledge preferred
  • Strong programming in at least one language required
  • Database, R or UI design skills a plus
  • Previous exposure to credit rating analysis or credit modelling a plus
  • Thorough working style and good attention to detail essential
  • Capable of explaining and communicating the technical aspects of modelling clearly





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 -