Sovereigns Credit Analyst
The Fitch Ratings Sovereigns Group provides credit research and opinion on more than 100 countries, and assigns ratings to the foreign and local currency debt of sovereign governments that account for virtually all of sovereign international debt issuance.
The Sovereigns group offers forward-looking special reports and a range of web-based analytical tools, allowing investors to access comprehensive economic data and credit indicators and perform relative value analysis. We also host teleconferences, seminars and conferences in the world's major financial centres to keep investors ahead of the curve. The depth and accuracy of our coverage and timeliness of our research are key reasons why the capital markets put their trust in a Fitch Ratings sovereign rating.
Responsibilities:
As an Associate Director in Sovereigns you will primarily act as the ‘primary analyst’ for maintaining a portfolio of 4 to 5 sovereign ratings under the supervision and direction of the regional team head.
You will be expected to maintain good working relationships with relevant officials in central banks and government so that you are able to regularly update country economic databases and forecasts. You will organise and participate in annual rating missions as well as prepare recommendations, supporting research and presentations for the Sovereign Rating Committee. You will typically also provide support to more senior colleagues on the ratings of a further three to four sovereign governments as a ‘secondary analyst’ as well as provide general assistance, (such as researching and preparing presentations), to the regional team head as well as the head of the Europe, Middle East and Africa (EMEA) group as a whole.
Best efforts are made to rotate analysts through the various regional EMEA teams to allow you to gain breadth and depth of experience across a range of countries and a wide spectrum of sovereign ratings. Depending on previous experience, the initial posting (typically around 2-3 years) would be likely to be in either the Emerging Europe or Western European team.
Person Specification:
Qualifications and Experience required:
- Ability to demonstrate a good appreciation of macroeconomics and a keen interest and awareness of international and political affairs, ideally underpinned by at least a first degree in economics or a very closely-related discipline.
- Experience of country risk analysis and/or applied economics gained from within an international institution, finance ministry, central bank, private research or financial institution is advantageous.
- Excellent numerical skills and be proficient in Excel and Word.
- In addition to fluent spoken and written English, working level competence in other languages would be advantageous though not essential.
Additionally, you must be able to demonstrate the following attributes:
- Analytical skills
You must be able to undertake rigorous quantitative and qualitative economic, financial and political risk analysis, under the supervision of the regional team head.
- Communication skills
You should be able to marshal arguments in a coherent and concise manner both orally and in written research; this will include the drafting of press releases. You must be able to participate in meetings with senior officials and policy-makers in an effective and professional manner under the direction and guidance of senior colleagues.
- Professional
You must be able manage your own time and tasks to meet deadlines with relatively little direct supervision. While taking responsibility for your own portfolio of sovereign ratings and supporting research, you must also be able to share and debate opinions with colleagues in a professional and respectful manner. Ability to work to tight deadlines, and display a strong degree of flexibility to take on additional responsibilities, as required. There is considerable international travel associated with this position (while highly variable, 2 to 4 days out of the office once or twice a month is not uncommon
Application:
To apply please submit a cover letter and most recent CV including remuneration details, via the enclosed links.
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, color, religion, gender, national origin, age, disability, marital or veteran status, sexual orientation, and other status protected by applicable laws
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