Financial Institutions, Director (Broker Dealer) recruitment
Position Title: Financial Institutions, Director (Broker Dealer)
Working Location: US - New York, NY
Employment Status: Full-Time Regular
Required Experience: 7 years
Required Education: Bachelors Degree
Travel Required: 20
Job ID: 1748
Position Description:
Fitch Ratings is a global rating agency committed to providing value beyond the rating through independent and prospective credit opinions, research and data. Offering a world of knowledge and experience behind every opinion, we transform information to deliver meaning and utility to investors, issuers and other market participants. Fitch Ratings' global expertise draws on local market knowledge and spans across the fixed-income universe. The additional context, perspective and insights we provide help investors make important credit judgments with confidence.
Dual-headquartered in New York and London, Fitch Ratings has 51 offices worldwide. Fitch Ratings is part of the Fitch Group, a majority-owned subsidiary of Fimalac, S.A. headquartered in Paris, France.
Fitch complies with federal, state, and local laws governing employment, and provides equal opportunity to all applicants and employees. All applications will be considered without regard to race, color, religion, gender, national origin, age, disability, marital or veteran status, sexual orientation, and other status protected by applicable laws.
Position Requirements:
We are seeking a Director for our North American Financial Institutions Group. The position will involve working with senior members of the Financial Institutions team on all aspects of the rating process, including full responsibility for a portfolio of companies. The Financial Institutions Group encompasses analysis of banks, thrifts, securities firms, asset managers, consumer finance, commercial finance, leasing, credit unions, mortgage companies, and GSEs.
We are specifically looking for a seasoned analyst who has direct analytical experience covering securities firms, particularly broker-dealers. The analyst should have knowledge of the securities industry, products, including repo, various flow trading products, and the qualitative and quantitative metrics used for the analysis of securities firms.
Primary duties as a lead analyst will include: conducting onsite meetings with company management; performing analysis of key quantitative and qualitative factors; presenting companies to Fitch's internal credit rating committee; communicating ratings and rating rationale to senior management; and writing and publishing research reports. Position will also require an active role in assisting in related industry studies. The qualified candidate should have 7+ years of direct credit risk experience. Must be a self-motivated professional who works well in a team environment, must demonstrate strong writing and communication skills, strong command of financial statement analysis, including U.S. GAAP, IFRS a plus, have experience with spreadsheet creation and analysis, and the ability to handle numerous projects simultaneously. This position is available in Fitch's New York or Chicago office but a New York candidate is preferred.