Overview
Credit Analyst - Associate Director level - Structured Credit - Madrid
Fitch Ratings is currently seeking a Credit Analyst at Associate Director level within the Structured Credit team based out of Madrid (SF EMEA locations). As one of the world\ 's top credit ratings agencies, Fitch Ratings provides credit analysis, ratings, research, and commentary to financial market participants. Fitch Ratings is part of Fitch Group, with operations in more than 30 countries. Fitch Group has dual headquarters in London and New York and is owned by Hearst.
At Fitch Ratings, credit analysts play a pivotal role in moving markets. You will join a team dedicated to innovating service to our clients, with opportunities for professional growth and general visibility.
For more information about a career as a credit analyst at Fitch Ratings, visit:
About the Team
Fitch’s European Structured Finance team maintains existing ratings and assigns ratings to new structured finance transactions.
Responsibilities
- Implement default, recovery, and cash flow modelling
- Review transaction legal documents
- On-site review of underwriting and servicing of transaction originators and CLO managers
- Prepare rating proposals for presentation to internal rating committees
- Communicate rating rationale to investors and other market participants through presale reports, presentations, and meetings
- Communicate with transaction arrangers and originators to understand asset characteristics and structural features of the transactions
- Assist in the development of criteria and supporting research
You May Be a Good Fit If
- This is a demanding and exciting role;
we are looking for highly motivated candidates
- Some prior experience in finance
- Knowledge of securitisation structures, particularly CLOs, is beneficial
- Candidates should be highly numerate and analytical, with advanced Excel skills
- The role involves review of legal transaction documents;
no legal background is required, but the ability to review and analyse legal contracts from a credit risk perspective is important
What Would Make You Stand Out
- Strong written and oral communication skills in English for internal and external stakeholders
- Other European languages are desirable
Why Choose Fitch
- Hybrid Work Environment: 3 days a week in office required
- Culture of Learning & Mobility: Training, leadership development, and mentorship programs
- Retirement planning and tuition reimbursement programs
- Comprehensive healthcare offerings supporting wellbeing
- Family-friendly policies and generous parental leave
- Inclusive work environment with Employee Resource Groups
- Paid volunteer days and opportunities to volunteer in the community
Fitch is committed to providing objective, timely, independent and forward-looking credit opinions. If you are successful in the recruitment process, you may be asked to declare any securities holdings or potential conflicts prior to commencing employment. If you or your immediate family have holdings that may conflict with your work responsibilities, you may be asked to divest before beginning work.
Fitch is proud to be an Equal Opportunity and Affirmative Action Employer. We evaluate qualified applicants without regard to race, color, national origin, religion, sex, sexual orientation, gender identity, disability, protected veteran status, and other statuses protected by law.
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