Credit Analyst – Utilities & Transport
Fitch Ratings’ EMEA Corporate group provides public and private ratings of companies and their debt instruments in Western Europe, CEE, the CIS, Middle East and Africa.
The department employs over 70 credit analysts across Europe. In addition to London, Fitch’s largest office, the department has analysts on the ground in Moscow, Paris, Frankfurt, Warsaw, Barcelona, Milan, Johannesburg and Dubai.
The department is split into five sector teams: Utilities and Transport, Natural Resources and Commodities, Consumer and Healthcare, Industrials, and Telecoms, Media and Technology. In addition, a specialist Leveraged Finance team focuses on credits with leveraged capital structures. Dedicated research analysts supporting cross-sector publications complement the department.
Job Description:
As a member of the EMEA Utilities and Transport team, you will take lead analytical responsibility for a varied portfolio of corporate issuers, primarily in utilities sector. 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 to 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. It will entail some travel.
The current portfolio envisaged comprises around 15 entities, focused on utilities in Iberia and western Europe, but possibly with element of coverage in the rest of EMEA and transport. Knowledge of one additional European language (next to English) will be helpful but is not essential.
The successful candidate will be based in Barcelona or London.
Qualifications and experience:
The role would suit an individual with some analytical experience looking to develop further in an intellectually challenging, analytically rigourous 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, CFA) an advantage.
A strong understanding of, or interest in, utilities and transport sectors.
Strong analytical skills evidenced by experience in an analytical or similar role. Credit analysis experience helpful but not essential.
Good written and verbal communications skills in English. Working knowledge of another European language helpful.
Cash-flow modelling and accounting skills.
A strong team spirit, enabling him/her to work seamlessly with other members of the team.
Application:
Please submit a recent CV and covering note via the enclosed links.
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. We believe valuing diversity and equality in our workplace strengthens our business.
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