Senior Analyst, Banks - Financial Institutions - Chicago

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 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.

Explore a career at Fitch Ratings and you’ll join a collaborative network of curious minds. Here, our differences are our strengths - in life as well as our work. Together we work with integrity and objectivity to provide clarity to the world’s financial markets. We pride ourselves on our ability to harness the ideas, expertise, and professionalism of our global workforce, which is integral to our continued success. The accessibility and depth of experience of our industry leading analysts, combined with our broad sector credentials, allow us to help market participants make important credit decisions with confidence.

Fitch Ratings is currently seeking an Analyst/Senior Analyst based out of our Chicago or New York offices.  

About the Team:

The position involves working with the North American Bank team analyzing U.S. and Canadian commercial banks. Under guidance of senior members of the team, analysts/senior analysts are involved in data collection and analysis, committee package preparation, and maintenance of files and records.

What We Offer:

• Fitch Ratings offers a range of credit ratings, research, and data services to help investors make informed decisions.
• The Financial Institutions Group focuses on providing ratings and analysis for banks, insurance companies, and other financial institutions.
• Fitch Ratings is a global company with a presence in over 30 countries, offering opportunities to work with diverse teams from around the world.

We’ll Count on You To:  

• Develop and maintain financial spreads and tools;
• Perform analysis of key quantitative and qualitative factors influencing the credit quality of banks and related financial institutions;
• Present analysis of banks to Fitch's internal credit rating committees;
• Participate in topical and thematic research related to banks through published research and industry studies;

 What You Need to Have:

• Bachelor’s degree at minimum;
• The qualified candidate should have 1+ years of analytical experience;
• Expertise in MS Office applications, eg, Excel, Word and Powerpoint;
• Strong analytical, quantitative and organizational skills;

What Would Make You Stand Out: 

• MBA and/or CFA, or progress toward these designations;
• Familiarity with banking regulation and capital markets;
• Strong technology skills, including the use of generative AI tools;
• 2+ years of direct experience covering banking or similar financial institutions;
• Excellent written and verbal communication skills;
• Ability to excel in a team-oriented environment;
• Ability to shift fluidly between multiple projects as priorities change;

Why Choose Fitch: 

• Hybrid Work Environment: 2 to 3 days a week in office required based on your line of business and location
• 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. 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.

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. 

FOR NEW YORK ROLES AND CHICAGO ROLES ONLY: Expected base pay rates for the role will be between $85,000 and $110,000 per year. Actual salaries will be determined on an individualized basis and may vary based on factors including but not limited to education, training, experience, past performance, and other job-related factors.  Base pay is one part of Fitch’s total compensation package, which, depending on the position, may also include commission earnings, discretionary bonuses, long-term incentives, and other benefits sponsored by Fitch.  

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