Senior Analyst/Associate Director - Industrials (29647)

Recruiter
Fitch Ratings
Location
France
Salary
Competitive salary
Posted
17 May 2021
Closes
21 May 2021
Ref
29647
Job role
Finance director
Experience level
Director
Title: Industrial Ratings - Analyst (Senior Analyst / Associate Director)

Location: Paris

Company Overview:

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:

Fitch Ratings' EMEA Corporate group provides public and private ratings of companies and their debt instruments in Western Europe and, increasingly, CEE, the CIS, Middle East and Africa.

The department employs a team of credit analysts across Europe. In addition to London, Fitch's largest office, the department has analysts on the ground in Moscow, Paris, Frankfurt, Stockholm, Warsaw, Barcelona, Milan and Dubai.

The department is split into six sector teams: Natural Resources and Commodities, Utilities and Transport, Consumer and Healthcare, Industrials, Real Estate and Telecoms, Media and Technology. In addition, a specialist Leveraged Finance team focuses on credits with leveraged capital structures.

The EMEA Industrial Ratings team covers about 100 public credits, spanning Aerospace & Defence, Capital Goods, Auto Manufacturers, Building Materials and Construction. Roughly a quarter of team is based in London, with the rest of the team based in Barcelona, Stockholm, Paris, Warsaw, Frankfurt and Dubai.

Responsibilities:

As a member of the EMEA Industrials team, you will take analytical responsibility for a varied portfolio of corporate issuers, primarily based in the European Union but also assisting the team's analytical effort across EMEA. You will monitor news and results flow to identify events or trends which may lead to rating changes. You will conduct meetings with and analyse the creditworthiness of issuers in the sector.

You will also present and discuss recommendations for new ratings or rating changes with a rating committee and communicate Fitch's credit opinions externally. You will participate in, and ideally initiate, ad-hoc sector commentaries and topical research. The role will also involve some analytical support to business development activities, interaction with issuers, investors and bankers. The role will also involve some travel.

The current portfolio envisaged comprises around 10-15 entities. Fluent English is a minimum requirement of the role, fluent French is a preference but other languages would be an advantage.

Qualifications and experience:

The role would suit an individual with significant previous analytical experience looking to develop further in an intellectually challenging, analytically rigorous yet supportive environment.

Fitch's corporate analysts have diverse backgrounds, including career financial/credit analysts, professional services, or financial or operational roles in companies. Desirable qualities include:

  • A first rate academic background in a finance-related field. Professional qualifications (e.g. ACA, ACCA, CFA) would be an advantage.
  • A strong understanding of, or interest in, Manufacturing and Construction related industries.
  • Strong analytical skills evidenced by experience in an analytical or similar role.
  • A strong team spirit, and a strong communication ethos, enabling him/her to work seamlessly with other members of the EMEA team in other. A willingness to mentor and develop junior analysts would also be looked upon favourably.
  • Cash-flow modelling and accounting skills
  • A willingness to undertake some travel when possible


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.