Credit Analyst (Analyst / Senior Analyst - Financial Institutions Team (FI)

Fitch Ratings is currently seeking a Credit Analyst/Senior analyst to join our Financial Institutions (FI) team in either our London or Frankfurt office.

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. 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.

At Fitch Ratings, credit analysts play a pivotal role in moving markets, as quality credit analysis is the lifeblood of our organization. With a legacy of over a century, our unique approach to credit ratings offers unmatched opportunities for professional growth. 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 modeling. Lastly, 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.

Want to learn more about a career as a credit analyst at Fitch Ratings? Visit: https://careers.fitch.group/content/Credit-Analysts/

About the Role/Team

• The role sits within the FI Ratings team, which focuses on credit ratings for financial institutions in the CIS+ region. The position reports to the Team Head, based in London.

• You will be based in London or Frankfurt and will support our Dubai-based FI Ratings team. This is a dynamic team with deep knowledge of Fitch-rated banks in Emerging Markets Middle East and Africa region, as well as broader credit trends, and it produces high-quality research and rating reports that complement our ratings.

• This role contributes to Fitch’s franchise maintenance and development in the CIS+ region by broadening credit research and expanding issuer ratings coverage.
• The role requires occasional travel, primarily within the CIS+ region.

How You’ll Make an Impact

• Conduct in-depth credit analysis of financial institutions, including evaluating financial statements and other relevant qualitative and quantitative information.
• Monitor a portfolio of credit ratings; prepare and present credit views, recommendations, and rationales at rating committees; and contribute to the timely and accurate preparation of rating reports for credits under your primary analyst coverage.
• Actively contribute to the drafting of detailed research reports, providing analytical insights into key credit issues and trends.
• Monitor and interpret developments in the financial sector, including regulatory changes, macroeconomic trends, and market dynamics, and assess their credit implications.
• Participate in and contribute to regular credit review meetings with issuers’ senior management for credits under your primary and secondary analyst coverage.
• Support the team with analysis, ad-hoc tasks and research initiatives.

 You May be a Good Fit if You

• Have 2-5 years of experience in credit analysis, financial institutions analysis, banking research, or a related area within ratings, banking, investment research, or financial services.
• Have a sound academic track record, with at least first university degree, preferably in finance, economics, or accounting.
• Have professional fluency in Russian (essential) and English.
• Exhibit strong analytical skills with the ability to interpret complex financial data and draw well-supported conclusions. Proficiency in Excel and Word is required.
• Demonstrate excellent written and verbal communication skills, with the ability to present analytical conclusions clearly and concisely to internal and, where required, external audiences.
• Demonstrate ability to work collaboratively within a team while managing multiple projects and deadlines effectively.

What Would Make You Stand Out

• CFA qualification or progress toward the designation.

• Current or prior coverage of, or knowledge of, CIS+ and/or EMEA financial institutions, regulatory landscape, and macroeconomic drivers.

• Familiarity with credit rating methodologies and committee-based analytical processes.

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 

At Fitch, AI is embedded in how we work every day, supporting smarter decision-making, streamlining workflows, and enabling new ways to create value for our business and clients. Intelligent solutions are increasingly part of our day-to-day operations, helping teams work more efficiently and think differently as we continue to evolve. We’re looking for colleagues who are comfortable operating in an AI-enabled environment—or who are curious, adaptable, and eager to build their AI literacy over time. We value professionals who embrace technology as part of continuous learning and who are committed to using it thoughtfully to enhance how work gets done.

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.

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.

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