Analyst/ Senior Analyst, Model Development Team - London (6 Month FTC)

Analyst/ Senior Analyst, Model Development Team - London (6 Month FTC)

Full-Time 50000 - 60000 £ / year (est.) No working from home possible
Fitch Ratings

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.
  • Other info: Supportive workplace with a focus on diversity, inclusion, and community engagement.
  • 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.

The predicted salary is between 50000 - 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.

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. 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 training, 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.

Analyst/ Senior Analyst, Model Development Team - London (6 Month FTC) employer: Fitch Ratings

Fitch Ratings is an exceptional employer, offering a dynamic and collaborative work environment in the heart of London. With a strong commitment to employee growth through dedicated training and mentorship programmes, Fitch empowers its analysts to thrive while balancing professional and personal life with generous family-friendly policies. The company's inclusive culture and focus on wellbeing, alongside opportunities for meaningful contributions to global financial markets, make it an attractive place for those seeking a rewarding career in credit analysis.

Fitch Ratings

Contact Details:

Fitch Ratings Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Analyst/ Senior Analyst, Model Development Team - London (6 Month FTC)

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 this role involves credit modelling and programming, be ready to discuss your experience with Excel/VBA, Python, or R. Show them you’re not just a numbers person but also a problem solver!

Tip Number 3

Don’t forget to showcase your teamwork skills! Fitch values collaboration, so share examples of how you’ve worked effectively in teams. Highlight any projects where you contributed to model development or research initiatives.

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 family. Let’s get you that interview!

We think you need these skills to ace Analyst/ Senior Analyst, Model Development Team - London (6 Month FTC)

Credit Modelling
Rating Methodology
Excel/VBA
Python
R
Problem-Solving Skills
Critical Thinking

Some tips for your application 🫡

Tailor Your CV:Make sure your CV is tailored to the Analyst role. Highlight relevant experience in credit modelling and programming skills in Excel/VBA, Python, or R. We want to see how your background aligns with what we do at Fitch Ratings!

Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about credit analysis and how you can contribute to our Model Development Team. Keep it concise but impactful – we love a good story!

Showcase Your Communication Skills:Strong verbal and written communication skills are key for this role. In your application, demonstrate your ability to convey complex ideas clearly. We appreciate clarity and precision, so don’t hold back on showcasing this skill!

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 you need about the role and our company culture there!

How to prepare for a job interview at Fitch Ratings

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 previous roles.

Showcase Your Problem-Solving Skills

During the interview, highlight examples where you've tackled complex problems using critical and creative thinking. Prepare to discuss specific challenges you've faced in model development and how you overcame them.

Communicate Clearly

Strong verbal and written communication skills are key for this role. Practice explaining technical concepts in a straightforward manner, as you'll need to convey complex ideas to both technical and non-technical stakeholders.

Emphasise Team Collaboration

Fitch values a collaborative environment, so be ready to share experiences where you've successfully worked in teams. Discuss how you contribute to team initiatives and support your colleagues in achieving common goals.