Credit Analyst

**Company Overview**

Dual-headquartered in New York and London, Fitch Ratings is a leading provider of credit ratings, commentary and research. Dedicated to providing value beyond the rating through independent and prospective credit opinions, Fitch Ratings offers global perspectives shaped by strong local market experience and credit market expertise. The additional context, perspective and insights we provide help investors to make important credit judgments with confidence.

Fitch Solutions delivers credit market data, analytical tools and risk services to the global financial community. In addition to offering proprietary market-based content, Fitch Solutions distributes the ratings, research and financial data of Fitch Ratings through a variety of flexible platforms. With innovation and experience behind every solution, Fitch Solutions helps financial professionals meet the diverse and evolving needs of today’s global markets.

Fitch Ratings and Fitch Solutions, along with Fitch Learning and BMI Research, are part of the Fitch Group, a global leader in financial information services with operations in more than 30 countries. Fitch Group is majority-owned by Hearst.

Fitch Ratings and Fitch Solutions are an equal opportunity / affirmative action employer, complying with all laws governing employment in each jurisdiction in which operating, and provide equal opportunity to all applicants and employees. All qualified applicants will be considered without regard to race, colour, religion, gender, national origin, age, disability, marital or protected veteran status, sexual orientation, gender identity and other status protected by applicable laws.

**Department & Role Overview**

The Fitch Ratings Financial Institutions Group has actively built the agency into the global leader in bank credit rating coverage. Our experienced analysts provide comprehensive, timely and transparent coverage of major institutions around the world, as well as unparalleled coverage of smaller companies. Our analysts offer a diversity of talent and backgrounds, with experience in regulatory oversight, counterparty analysis, auditing, investment banking, buy-side investing and more.

**Responsibilities**:
We are currently looking for an Analyst / Senior Analyst to join our Financial Institutions (“FI”) team to be based in Barcelona or Madrid, focusing predominantly on the ratings of banks in Spain.
- Monitoring a portfolio of issuer ratings, including the preparation of rating committee documentation
- Analysis of financial institutions sector and individual banks data, update of financial excel-based models and charts
- Writing and publishing of comprehensive rating reports on individual issuers (based on public information and information gathered at management meetings with the rated entities)
- Participation in credit rating committees for banks in their allocated region and other countries
- Regular interaction with contacts at issuers and liaison with issuers’ senior management at rating meetings
- Participation in the publication of sector-specific research and insightful commentary, including preparation of peer data, country snapshots and sector background information
- Assist as needed in the coverage of other banks in the portfolio; including working with other team members to prepare committee packs, peer tables or analytical tools, reviewing annual and quarterly accounts and completing ad-hoc data requests

**Qualifications and Experience**:

- Proven, relevant experience gained as a counterparty, bank or corporate analyst, auditor, regulator, consultant or relationship manager.
- Background in either financial institutions or corporate credit analysis.
- Fluent in both Spanish and English.
- Proficiency in other European languages is desired but not essential.
- Good educational background to at least a first university degree level, preferably with professional qualifications in finance.
- Ability to work independently as well as being a good team player.
- Ability to cope with time pressure and work to deadlines.
- Strong writing and communication skills as well as strong command of financial statement analysis.
- Proficient in Excel (VBA skills desirable, but not essential).

This position will involve occasional travel.

Fitch is committed to providing global securities markets with objective, timely, independent and forward-looking credit opinions. To protect Fitch’s credibility and reputation, our employees must take every precaution to avoid conflicts of interests or any appearance of a conflict of interest.

Should you be successful in the recruitment process at Fitch Ratings you will asked to declare any securities holdings and other potential conflicts for you and your Family Members prior to commencing employment. If you, or your Family Members, have any holdings that may conflict with your work responsibilities, they must be sold before beginning work. In certain roles, employees and their Fami