Fitch

Credit Analyst, Associate Director - Non-Bank Financial Institutions - Chicago

Fitch$105K — $135K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree required;
  • 5-7 years analytical experience;
  • Proficient in Excel and Word;
  • Strong analytical, quantitative, and organizational skills;
  • Ability to manage multiple projects effectively;
  • Team-oriented mindset.

Responsibilities

  • Analyze quantitative and qualitative factors impacting credit quality of Non-Bank Financial Institutions;
  • Develop and maintain financial models and tools;
  • Present company analyses to internal credit rating committee;
  • Conduct onsite meetings with management teams;
  • Communicate rating rationale to external audiences via meetings, calls, and reports;
  • Participate in evaluations of other credits within Financial Institutions;
  • Contribute to industry studies.

Benefits

  • Hybrid work model with 2-3 days in-office;
  • Continuous learning culture with training and mentorship;
  • Retirement and tuition reimbursement programs;
  • Comprehensive healthcare offerings for overall wellbeing;
  • Family-friendly policies including generous parental leave;
  • Inclusive work environment fostering collaboration;
  • Opportunities for community volunteering and paid volunteer days.
Full Job Description
Credit Analyst, Associate Director - Non-Bank Financial Institutions

Fitch Ratings is currently seeking an Associate Director for our Non-Bank Financial Institutions team based out of our Chicago office.

As one of the world's top three credit ratings agencies, Fitch Ratings plays a critical role in global capital markets by providing supplementary credit analysis, ratings, research, and commentary to financial market participants. For over 100 years, Fitch Ratings has been creating value for global markets through its rigorous analysis and deep expertise, which have resulted in a variety of market leading tools, methodologies, indices, research, and analytical products. Fitch Ratings is part of Fitch Group, a global leader in financial information services with operations in more than 30 countries, which also includes Fitch Solutions. With dual headquarters in London and New York, Fitch Group is owned by Hearst.

At Fitch Ratings, credit analysts play a pivotal role in moving markets, as quality credit analysis is the lifeblood of our organization. With a legacy of over a century, our unique approach to credit ratings offers unmatched opportunities for professional growth. Embracing a "challenger mindset," you'll join a team dedicated to innovating service to our clients. Our people-driven analysis thrives on collaboration across all levels and locations, surpassing traditional financial modeling. Lastly, as part of our global community, you'll find inspiration, challenge, and support, with ample opportunities for visibility and influence in the global financial marketplace.

Want to learn more about a career as a credit analyst at Fitch Ratings? Visit: https://careers.fitch.group/content/Credit-Analysts/

What We Offer:

Fitch Ratings offers a range of credit ratings, research, and data services to help investors make informed decisions.

The Financial Institutions Group focuses on providing ratings and analysis for banks, insurance companies, and other financial institutions.

Fitch Ratings is a global company with a presence in over 30 countries, offering opportunities to work with diverse teams and clients from around the world.

We'll Count on You To:
  • Perform analysis of key quantitative and qualitative factors influencing the credit quality of Non-Bank Financial Institutions;
  • Develop and maintain financial spreads and tools;
  • Present analysis of companies to Fitch's internal credit rating committee;
  • Conduct onsite meetings with company management;
  • Communicate rating rationale to external audiences (institutions investors, analysts and media) in meetings conference calls, press releases and written research reports;
  • Participate in the evaluation of other credits within Financial Institutions.
  • Take an active role in assisting in related industry studies.


What You Need to Have:
  • Bachelor's degree at minimum;
  • The qualified candidate should have 5-7 years of analytical experience;
  • Expertise in Excel and Word;
  • Strong analytical, quantitative and organizational skills;
  • Ability to shift fluidly between multiple projects as priorities change;
  • Ability to excel in a team-oriented environment.


What Would Make You Stand Out:
  • MBA and/or CFA, or progress toward these designations, a plus.
  • Some coverage or knowledge of bank or non-bank sectors a plus;
  • Capital markets and/or credit analysis experience a plus;


Why Choose Fitch:
  • Hybrid Work Environment: 2 to 3 days a week in office required based on your line of business and location
  • A Culture of Learning & Mobility: Dedicated trainings, leadership development and mentorship programs designed to ensure that your time at Fitch will be a continuous learning opportunity
  • Investing in Your Future: Retirement planning and tuition reimbursement programs that empower you to achieve your short and long-term goals
  • Promoting Health & Wellbeing: Comprehensive healthcare offerings that enable physical, mental, financial, social, and occupational wellbeing
  • Supportive Parenting Policies: Family-friendly policies, including a generous global parental leave plan, designed to help you balance career and family life effectively
  • Inclusive Work Environment: A collaborative workplace where all voices are valued, with Employee Resource Groups that unite and empower our colleagues around the globe
  • Dedication to Giving Back: Paid volunteer days, matched funding for donations and ample opportunities to volunteer in your community

FOR CHICAGO ROLES ONLY: Expected base pay rates for the role will be between$105,000 and $135,000 per year. Actual salaries will be determined on an individualized basis and may vary based on factors including but not limited to education, training, experience, past performance, and other job-related factors. Base pay is one part of Fitch's total compensation package, which, depending on the position, may also include commission earnings, discretionary bonuses, long-term incentives, and other benefits sponsored by Fitch.

#LI-RA1 #LI-HYBRID

About Fitch

Fitch Ratings Inc. is a credit rating agency and a subsidiary of Fitch Group, which is owned by Hearst Corporation. Fitch Ratings is headquartered in New York City and London. The company was founded by John Knowles Fitch on December 24, 1913 in New York City as the Fitch Publishing Company. It merged with London-based IBCA Limited in December 1997. In 2000 Fitch acquired both Chicago-based Duff & Phelps Credit Rating Co. (April) and Thomson BankWatch (December). Fitch Ratings is one of the three nationally recognized statistical rating organizations (NRSRO) designated by the U.S. Securities and Exchange Commission in 1975, together with Moody's and Standard & Poor's.
Learn more about Fitch
Size
10,000 employees
Industry
Founded
1913

Similar Jobs

More Jobs at Fitch

More Finance & Insurance Jobs

Find similar Credit Analyst, Associate Director - Non-Bank Financial Institutions - Chicago jobs: