Credit Analyst - Global Infrastructure and Project Finance Group (GIG) London/Madrid/Milan
Location: London, United Kingdom
Type: Full Time
Internal Number: 11949762
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The position advertised relates to the Global Infrastructure and Project Finance Group (GIG).
GIG is responsible for the credit ratings of companies and non-recourse project finance transactions mainly in the transportation, energy, and social infrastructure sectors. Globally, GIG consists of around 65 analysts with backgrounds in project finance, structured finance, corporate finance and public finance.
The portfolio includes public and private ratings covering a variety of transaction types, including project finance, corporate finance and structured finance. The Issuers include owners of airports, toll roads, ports, rail infrastructure, power plants, oil and gas facilities, renewable assets or Public Private Partnerships. The team's output consists mainly of annual surveillance reviews, new ratings and sector research reports which are published primarily through Fitch's website. The senior analysts present regularly to market participants at conferences and other events.
GIG is looking for analyst on a permanent basis. Y ou will have primary and secondary analytical responsibility for rating transactions within the energy sector (e.g. wind, solar, thermal or waste to energy power as well as oil and gas), PPP's and transport sectors (e.g. toll roads, ports and airports).
Specific responsibilities will include but may not be limited to the following:
Undertake, as Primary and Secondary Analyst, credit ratings on new transactions.
Conduct regular reviews on a number of existing public and private ratings.
Participate and contribute in rating committees for other rated transactions.
Prepare rating action as well as non-rating action commentaries and reports for publication.
Participate and contribute in internal discussions on sector-wide credit issues.
Participate in the preparation of special research reports.
Participate in internal project initiatives to enhance systems, modelling and criteria.
Participate in outreach activities, including conducting research and drafting presentations.
The ability to identify quickly the key risk factors in a transaction is an essential requirement. You will already have gained some experience in analytical roles within a financial services firm, investment management or corporates within the infrastructure sector. Excel and financial modelling skills to enable you to conduct credit analysis, an understanding of capital structures and financial documentation are required. Word and PowerPoint skills are preferable but not a requisite.
You must possess demonstrable written and verbal communication skills coupled with the ability to formulate and deliver clear and concise opinions within robust analytical rationale as you will have interactions with ratings committees as well as issuers, bankers and other external parties. Additionally, you must be able to ask probing questions to companies and their advisers and keep fully up to date with sector trends in order to assess the impact on particular transactions. Fluency in English is a prerequisite. Additional language skills would be an advantage.
You must show flexibility, aim to be autonomous and take responsibility of your job. Additionally, you must have initiative, propose solutions and ideas as well as be able to work with tight deadlines in a fast-paced and multi-cultural environment to achieve clear goals
Given the requirement for rating agencies to provide independent opinions, strength of character and discipline is required and you must be able to appreciate the wider regulatory environment in which Fitch operates.
Fitch Group is a global leader in financial information services with operations in more than 30 countries. Wholly owned by the Hearst Corporation, we are comprised of three main businesses: Fitch Ratings | Fitch Solutions | Fitch Learning.
For more information please visit our websites: www.fitchratings.com | www.fitchsolutions.com | www.fitchlearning.com
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 an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability, protected veteran status, sexual orientation, gender expression, gender identity or any other characteristic protected by law.