About this role
<p><span style="color:#d40202"><strong>Fitch Ratings is currently seeking an Associate Director for our EMEA Utilities team based out of our Frankfurt office.</strong></span></p> <p> </p> <p><span style="color:black">As one of the world’s top three credit ratings agencies, Fitch Ratings plays a critical role in global capital markets by providing supplementary credit analysis, ratings, research, and commentary to financial market participants. Fitch Ratings is part of Fitch Group, a global leader in financial information services with operations in more than 30 countries, which also includes Fitch Solutions. With dual headquarters in London and New York, Fitch Group is owned by Hearst.</span></p> <p><span style="color:black">At Fitch Ratings, credit analysts play a pivotal role in moving markets, as quality credit analysis is the life blood of our organization. Embracing a “challenger mindset,” you'll join a team dedicated to innovating service to our clients. Our people-driven analysis thrives on collaboration across all levels and locations, surpassing traditional financial modelling. As part of our global community, you'll find inspiration, challenge, and support, with ample opportunities for visibility and influence in the global financial marketplace.</span></p> <p><span style="color:black"><strong> </strong></span></p> <p><span style="color:#d40202"><strong>About the Team</strong></span></p> <p><span style="color:black">The EMEA Corporate Infrastructure and Project Finance group provides public and private ratings of companies and their debt instruments across Western Europe, CEE, CIS, the Middle East and Africa. The Utilities team covers a wide range of industries (full value chain of electricity, gas, waste, water) including both corporate and infrastructure-style transactions, with ca. 200 public and private credits and more than 20 analysts based across several cities, including London, Frankfurt, Barcelona, Madrid, Milan, Warsaw and Dubai. You will be part of a successful, diverse, truly multinational team (with colleagues from many different countries) that values cooperation and open discussion, with a natural attitude to continuous improvement. This role is a permanent position.</span></p> <p><span style="color:black"><strong> </strong></span></p> <p><span style="color:#d40202"><strong>How You’ll Make an Impact</strong></span></p> <ul style="list-style-type:disc"> <li style="color:black"><span style="color:black">Work with team colleagues on rating processes for a portfolio of credits, focusing on Utilities sector (covering both corporate and infrastructure-style transactions)</span></li> <li style="color:black"><span style="color:black">Interact with issuers and rating advisors, sometimes in collaboration with other corporates sector teams.</span></li> <li style="color:black"><span style="color:black">Monitor news and results flow to identify events or trends which may lead to rating changes.</span></li> <li style="color:black"><span style="color:black">Support the growth of more junior colleagues</span></li> <li style="color:black"><span style="color:black">Present and discuss rating recommendations and supporting data effectively in writing and verbally to rating committees.</span></li> <li style="color:black"><span style="color:black">Deliver quality outputs to internal and external parties within deadlines.</span></li> <li style="color:black"><span style="color:black">Use effective questioning and listening skills in internal credit discussions and those with external constituents (companies, advisors, investors, etc.).</span></li> <li style="color:black"><span style="color:black">Work with team colleagues in producing thematic research reports in your coverage sectors and presentations to investors and prospective issuers.</span></li> <li style="color:black"><span style="color:black">Ensure all work is conducted in compliance with relevant policies and procedures.</span></li> <li style="color:black"><span style="color:black">Be available to travel within the EMEA region, primarily in Western Europe.</span></li> <li style="color:black"><span style="color:black">Contribute to a team spirit of intelligent and open discussion as well as constructive cooperation.</span></li> </ul> <p> </p> <p><span style="color:#d40202"><strong>You May Be a Good Fit if</strong></span></p> <ul style="list-style-type:disc"> <li style="color:black"><span style="color:black">You have independent thought and solid experience (min. 5-7 years) gained from corporate finance background in banking, financial services, or industry.</span></li> <li style="color:black"><span style="color:black">You have solid cash flow modelling skills and knowledge of the infrastructure and project finance key features.</span></li> <li style="color:black"><span style="color:black">You possess good knowledge of financing instruments and familiarity with financing documentation, especially for infrastructure and project finance.</span></li> <li style="color:black"><span style="color:black">You have well-developed communication and teamwork skills.</span></li> <li style="color:black"><span style="color:black">You are fluent in all forms of written and spoken English.</span></li> <li style="color:black"><span style="color:black">You have strong time management skills and the ability to cope with tight deadlines.</span></li> <li style="color:black"><span style="color:black">You demonstrate reliability and integrity.</span></li> </ul> <p> </p> <p><span style="color:#d40202"><strong>What Would Make You Stand Out</strong></span></p> <ul style="list-style-type:disc"> <li style="color:black"><span style="color:black">Knowledge of the Utilities sector and rating agencies methodologies.</span></li> <li style="color:black"><span style="color:black">Knowledge of the typical features of infrastructure financing and project finance.</span></li> <li style="color:black"><span style="color:black">Proficiency in other European languages such as French, Italian, or German.</span></li> <li style="color:black"><span style="color:black">Advanced modeling skills and/or advanced knowledge of debt financing documentation.</span></li> </ul> <p> </p> <p><span style="color:#d40202"><strong>Why Choose Fitch:</strong></span></p> <ul style="list-style-type:disc"> <li style="color:black"><span style="color:black">Hybrid Work Environment: 3 days a week in office required based on your line of business and location.</span></li> <li style="color:black"><span style="color:black">A Culture of Learning & Mobility: Dedicated trainings, leadership development and mentorship programs designed to ensure that your time at Fitch will be a continuous learning opportunity.</span></li> <li style="color:black"><span style="color:black">Investing in Your Future: Retirement planning and tuition reimbursement programs that empower you to achieve your short and long-term goals.</span></li> <li style="color:black"><span style="color:black">Promoting Health & Wellbeing: Comprehensive healthcare offerings that enable physical, mental, financial, social, and occupational wellbeing.</span></li> <li style="color:black"><span style="color:black">Supportive Parenting Policies: Family-friendly policies, including a generous global parental leave plan, designed to help you balance career and family life effectively.</span></li> <li style="color:black"><span style="color:black">Inclusive Work Environment: A collaborative workplace where all voices are valued, with Employee Resource Groups that unite and empower our colleagues around the globe.</span></li> <li style="color:black"><span style="color:black">Dedication to Giving Back: Paid volunteer days, matched funding for donations and ample opportunities to volunteer in your community.</span></li> </ul> <p> </p> <p><span style="color:black">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 interest or any appearance of a conflict of interest. Should you be successful in the recruitment process at Fitch Ratings you will be asked to declare any securities holdings and other potential conflicts prior to commencing employment. If you, or your immediate family, have any holdings that may conflict with your work responsibilities, you may be asked to divest yourself of them before beginning work.</span></p> <p><span style="color:black">Fitch is proud to be an Equal Opportunity and Affirmative Action Employer. We evaluate qualified applicants without regard to race, color, national origin, religion, sex, sexual orientation, gender identity, disability, protected veteran status, and other statuses protected by law</span></p><p>#LI-HYBRID #LI-KC1</p>