Sr Analyst Banks

Sr Analyst - Banks

Fitch Ratings is currently seeking a Sr Analyst for Banks based out of our Monterrey 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/

The position involves working with senior members of the Banks team on all aspects of the rating process, including responsibility for a portfolio of companies.

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 and clients from around the world.

• An excellent opportunity to perform bank analysis in one of the most relevant markets in Latin America, such as Mexico. Analytical coverage in some Central American countries will also be an opportunity.
• A key role in developing and delivering the Bank group's objectives
• Exposure to the financial system and be Fitch's voice providing insightful analytical opinions.

We’ll Count on You To:

• Undertake, as a Primary or Secondary Analyst, credit ratings on new rating mandates as well as monitoring of existing ratings with adherence to Fitch criteria and processes.
• Perform analysis of key quantitative and qualitative factors influencing the credit quality of banks.
• Provide active support to other senior members of the team in data collection, macro/microeconomic research, peer comparisons, internal tools, among other operational tasks.
• Actively participate in rating committees, offering your opinion and insight.
• Closely follow market developments surrounding rated transactions and issuers; taking necessary rating action where required.
• Communicate rating rationale to external audiences (i.e. rated entities), press releases and written research reports.
• Conduct regular Issuer/Sector/Market research to assist with your analysis and compile rating reports and committee packages.
• Participate in internal discussions on sector-wide credit issues that could lead to publication of research reports.
• Publish external research (including issuer reports, special sector reports, presentations).
• Assist in external outreach or take responsibility where required
• Financial data entry and maintain up-to-date databases/systems

What You Need to Have:

• Analytical experience performing credit analysis in financial institutions (bank/investment bank, regulator, investment manager or similar or consultancy/accounting firm).
• Bachelor’s Degree. Finance related degree is desired, but open to see other degrees.
• Deep understanding of macroeconomic variables as well as of financial statements and ratio analysis.

• Strong analytical, quantitative and organizational skills.
• Ability to shift fluidly between multiple projects as priorities change.

• Technical Proficiency (Excel/Word/PowerPoint, Data Analytics).
• Ability to analyze Banks in depth for the purpose of assigning credit ratings, strong understanding of macro financial system risks.
• Resourcefulness in terms of managing challenges associated with data collection and analysis
• Confident and articulate in communicating with internal/external constituents, with strong business English writing skills and oral communication skills.
• Demonstrable inquisitive, broad-minded and forward-thinking analytical nature, with international perspectives in relation to credit matters.
• Self-motivated and enthusiastic.
• Able to work independently yet contribute to team objectives.

What Would Make You Stand Out:

• Experience and knowledge of financial statements and business models of financial institutions, including new trends in the industry as fintechs and digital banks.
• Strong leadership and teamworking.
• Ability to solve complex issues and present solutions.

• Proficiency in use of AI tools and related appliances.
• Experience performing financial forecasting.
• MBA and/or CFA, or progress toward these designations.

Why Choose Fitch?

• Hybrid Work Environment: 3 days a week in office required while 2 days are designated for home-office.
• 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.
• Multiple Perks: 20 days of vacation starting on your first work anniversary, plus 5 days for personal use and 4 weeks of flexible remote work.

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.

For more information, please visit our websites:

www.fitchratings.com | www.fitchsolutions.com | www.fitchlearning.com

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