International Public Finance Director/Associate Director
Fitch Ratings, a global rating agency dual-headquartered in New York and London with 51 offices worldwide, dedicated to providing value beyond the rating through independent and prospective credit opinions, research and data. We transform information by offering knowledge and experience behind every opinion to deliver meaning and utility to investors, issuers and other market participants. Fitch Ratings’ global expertise draws on local market knowledge, spanning the fixed-income universe. The context, perspective and insights we provide help investors make important credit judgments with confidence.
Since 2008, Fitch Solutions has offered a range of comprehensive data, analytical tools and risk services to fixed-income investors and other market participants. The firm also distributes Fitch Ratings' credit ratings, research and data through various platforms. Product offerings cover research services, risk and performance analytics, structured finance solutions, pricing and valuation services, quantitative analytics and training.
Fitch Ratings and Fitch Solutions are part of the Fitch Group. The Fitch Group is a subsidiary of Fimalac, S.A., headquartered in Paris, France.
Department Overview:
The International Public Finance Group (IPF) is responsible for assigning and maintaining international credit ratings of public entities and their debt issues. The Group currently maintains more than 210 ratings in Europe, Middle-East and Africa and consists of 24 analysts, 3 of which are based in Paris, primarily covering public ratings in France. The rest of the Group is based in Milan, Barcelona, Frankfurt, Warsaw and Moscow, covering the rest of Europe and Africa.
Job Description:
The job will involve the analysis of subnationals including Local/Regional Governments and State-Owned Enterprises in Turkey, Germany and CEE although there may be opportunities to be involved in ratings in other European countries.
Working as part of a wider team under the supervision of a Senior Director based in Frankfurt, training will be provided as required but the candidate will be expected to assume a considerable degree of responsibility and autonomy immediately.
In addition to writing and managing the production of credit rating reports and special reports, the candidate may be required to travel and conduct long and in-depth meetings with rated subnationals.
He/she will be expected to present credits to a rating committee, liaise with the marketing function, deal with the press and investor queries and speak at conferences.
The job also requires preparation for and attendance at rating committees on subnationals from other geographic areas, and contribution to internal discussions on rating issues and criteria.
Person Specification:
The ideal candidate will have relevant experiences to assume the credit analyst role focusing on IPF issuers and the following:
- In-depth understanding of the capital markets and the subnational sector in particular.
- Degree in finance/accounting with an economics biased
- Professional experience in credit analysis ideally in the public sector
- Strong quantitative and analytical skills
- Strong Excel skills
- Strong communication, organizational, and time-management skills
- Proficiency in written and spoken Turkish, German and English
- The ability to work well independently as well as part of a team is critical
The position is based in our Frankfurt office although a period may be required to be spent in our Istanbul office.
Application:
To apply please submit a cover letter and most recent CV, including any remuneration details to annette.brauch@fitchratings.com
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.
Leave a Reply
You must be logged in to post a comment.