• Competitive
  • London, England, United Kingdom
  • Self Employed, Full time
  • Fitch Ratings
  • 2019-04-19

Credit Analyst - Structured Credit- Associate Director, London (21576)

  • London, England, United Kingdom
  • Full time

Credit Analyst - Structured Credit- Associate Director, London (21576)

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.


Department Overview:

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. The structured credit team assigns ratings to corporate debt securitisations, primarily leveraged loan CLOs.


Job Description:

We are seeking an Associate Director level Credit Analyst to join the Structured Credit Team. The successful candidate will be part of a team of analysts rating US leveraged loan CLOs. The team analyses transactions in line with Fitch's rating criteria and provides high quality credit opinions to investors and other market participants.


The role encompasses:
  • Implementing default, recovery and cash flow modelling
  • Reviewing transaction documents
  • Preparing rating proposals for presentation to internal rating committees
  • Communicating rating rationale to investors and other market participants through presale reports and presentations and meetings
  • Communicating with transaction arrangers and originators to understand asset characteristics and structural features of the transactions
  • Assist in development of criteria and supporting research


Fitch Ratings supports its analysts with internal training through the Fitch Credit Academy. Analysts are expected to study Structured Finance modules, participate in internal training sessions and pass various assessments according to their level of experience. Fitch also requires analysts to participate in training on its policies and procedures.


  Position Requirements:
  • This a demanding and exciting role so we are looking for highly motivated candidates
  • Extensive experience in structured finance, CLOs or leveraged loans
  • Highly numerate and analytical, with advanced Excel skills
  • Ability to manage internal and external stakeholders
  • Excellent written and oral communication skills in English



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