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For Companies At a Glance
- Tasks: Join the Model Development Team to design and enhance credit rating models.
- Company: Fitch Ratings, a leading global credit ratings agency with a collaborative culture.
- Benefits: Hybrid work, comprehensive healthcare, retirement planning, and continuous learning opportunities.
- Why this job: Make an impact in global finance while developing your skills in a dynamic environment.
- Qualifications: Master's degree in quantitative disciplines and programming experience in Excel/VBA, Python or R.
- Other info: Inclusive workplace with strong support for professional development and community involvement.
The predicted salary is between 36000 - 60000 £ per year.
As one of the world's top three credit ratings agencies, Fitch Ratings plays a critical role in global capital markets by providing credit analysis, ratings, research, and commentary to financial market participants. For over 100 years, Fitch Ratings has been creating value for global markets through its rigorous analysis and deep expertise, which have resulted in a variety of market leading tools, methodologies, indices, research, and analytical products.
Fitch Ratings is currently seeking a Quantitative Analyst – Analyst/Senior Analyst based out of our London office.
About the Team
The Model Development Team (MDT) plays a critical role in designing, enhancing and maintaining the credit rating models that underpin Fitch Rating's analytical processes. It is part of the Analytical Group with thirty talented modelling specialists located in the UK, US and China. We work very closely with the ratings team to design and develop models applying the relevant rating methodologies rigorously, accurately and efficiently. The team works in a dynamic, collegial and collaborative environment that values innovation and analytical rigor whilst supporting team members' professional development.
How You'll Make an Impact
- Gain and leverage valuable knowledge of credit modelling, rating methodology and criteria
- Contribute to the development of models across a diverse set of sectors, including Corporates, Infrastructure and Project Finance, Financial Institutions, and Governments and Public Finance
- Team up with other talented specialists to research, design, implement and enhance models, conduct comprehensive testing, and prepare model documentation.
- Leverage the opportunity to contribute to other team initiatives such as trainings, research projects and user/client support.
You May be a Good Fit if
- Master's degree in quantitative disciplines such as Financial Engineering
- Programming and model development experience in Excel/VBA and Python or R.
- Ability to solve problems using critical, rational and creative thinking
- Strong verbal and written communication skills; ability to convey technical concepts clearly
- Strong work ethic and strong team player
What Would Make You Stand Out
- Prior experience in credit risk, financial/cashflow or statistical modelling, with hands‐on exposure in Excel/VBA, Python or R.
- Self‐motivated with ability to manage timelines across multiple projects
Why Choose Fitch
- Hybrid Work Environment: 3 days a week in office required
- 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
- Investing in Your Future: Retirement planning and tuition reimbursement programs that empower you to achieve your short and long‐term goals
- Promoting Health & Wellbeing: Comprehensive healthcare offerings that enable physical, mental, financial, social, and occupational wellbeing
- Supportive Parenting Policies: Family‐friendly policies, including a generous global parental leave plan, designed to help you balance career and family life effectively
- Inclusive Work Environment: A collaborative workplace where all voices are valued, with Employee Resource Groups that unite and empower our colleagues around the globe
- Dedication to Giving Back: Paid volunteer days, matched funding for donations and ample opportunities to volunteer in your community
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.
Fitch is proud to be an Equal Opportunity and Affiliation 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.
Analyst/Senior Analyst, Model Development Team - London employer: Fitch Group
Contact Detail:
Fitch Group Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Analyst/Senior Analyst, Model Development Team - London
✨Tip Number 1
Network like a pro! Reach out to current or former employees at Fitch Ratings on LinkedIn. A friendly chat can give you insider info and maybe even a referral, which can really boost your chances.
✨Tip Number 2
Prepare for the interview by brushing up on your technical skills. Since you're applying for a role in model development, be ready to discuss your experience with Excel/VBA, Python, or R. Show us how you can solve problems creatively!
✨Tip Number 3
Don’t just focus on your qualifications; show your passion for credit analysis and financial markets. Share examples of how you've applied your knowledge in real-world scenarios during interviews to make a lasting impression.
✨Tip Number 4
Apply through our website! It’s the best way to ensure your application gets seen. Plus, it shows you’re genuinely interested in joining the Fitch team. Let’s get you that dream job!
We think you need these skills to ace Analyst/Senior Analyst, Model Development Team - London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Analyst/Senior Analyst role. Highlight your programming skills in Excel/VBA, Python, or R, and any relevant experience in credit risk or statistical modelling. We want to see how your background aligns with what we do!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about credit modelling and how you can contribute to our Model Development Team. Be sure to mention any collaborative projects you've worked on, as teamwork is key for us.
Showcase Your Communication Skills: Strong verbal and written communication skills are essential for this role. In your application, demonstrate your ability to convey complex technical concepts clearly. We love candidates who can bridge the gap between technical jargon and everyday language!
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way to ensure your application gets into the right hands. Plus, you’ll find all the details about the role and our company culture there!
How to prepare for a job interview at Fitch Group
✨Know Your Models
Make sure you brush up on credit modelling concepts and the specific methodologies used by Fitch Ratings. Be prepared to discuss your experience with Excel/VBA, Python, or R, and how you've applied these skills in real-world scenarios.
✨Showcase Your Problem-Solving Skills
During the interview, be ready to demonstrate your critical and creative thinking abilities. You might be asked to solve a hypothetical problem or case study, so practice articulating your thought process clearly and logically.
✨Communicate Clearly
Strong verbal and written communication skills are essential for this role. Practice explaining complex technical concepts in simple terms, as you'll need to convey your ideas effectively to both technical and non-technical team members.
✨Emphasise Team Collaboration
Fitch values a collaborative environment, so highlight your experiences working in teams. Share examples of how you've contributed to group projects and supported your colleagues, showcasing your ability to work well with others.
