Corporate Ratings, Senior Director (Madrid)

Fitch Group; Madrid; Hybrid; EUR 120,000 - 160,000; Full time

Benefits offered by this job

Hybrid work environment

Retirement planning

Comprehensive healthcare offerings

Generous global parental leave

Paid volunteer days

Job summary

Fitch Group, Inc. is looking for a Senior Director Head of Transport to lead its Madrid team. This senior role involves managing eight analysts and overseeing transport issuers across project finance and corporates.

The ideal candidate will have over 12 years of credit analysis experience, strong leadership skills, and excellent communication abilities. The role includes leading analytical coverage and ensuring high-quality research in a dynamic environment.

Qualifications

• 12+ years of relevant experience in credit analysis role in corporates and/or project finance/infrastructure.
• Experience managing people and teams.
• Excellent written and verbal communication skills.

Responsibilities

• Lead ratings analysis, execution and research on new and existing transactions in Transport.
• Oversee development of rating rationales and sector outlooks.
• Chair rating committee discussions and provide senior judgment on credit analysis.

Skills

Credit analysis

Leadership

Communication

Project finance

Analytical skills

Education

Bachelor's degree

CFA or MBA

Job description

Corporates & Infrastructure, Senior Director Head of Transport - Madrid

Requisition ID: 50120

Business Unit: Fitch Ratings

Category: Credit Analysis & Research

Location: Madrid, M, ES

Fitch Ratings is currently seeking a EMEA Corporates & Infrastructure, Senior Director Head of Transport out of our Madrid office.

Fitch Ratings’ EMEA Energy, Natural Resources & Infrastructure team is seeking a Senior Director to lead the Transport team in Madrid. The role will report to the Head of Energy, Natural Resources & Infrastructure team within EMEA Corporates & Infrastructure Group. This is a senior analytical and leadership role within Fitch Ratings responsible for leading analytical coverage, sector research and market engagement in a growing sector. The role entails managing a team of 8 analysts covering transport issuers across infrastructure and project finance and corporates.

Fitch Ratings’ EMEA Corporates & Infrastructure Group provides public and private ratings of companies and their debt instruments as well as project finance and infrastructure transaction ratings in Europe, Middle East and Africa. The department employs a team of over 100 credit analysts. In addition to London, Fitch’s largest office, the department has analysts on the ground in Frankfurt, Paris, Warsaw, Madrid, Barcelona, Milan, Stockholm and Dubai.

The EMEA Energy, Natural Resources & Infrastructure team covers over 200 public & private ratings across energy (oil and gas), metals and mining, chemicals, energy project finance and infrastructure as well as transport (project finance/infrastructure and corporates). The team’s analysts are based in London, Frankfurt, Barcelona, Madrid, Warsaw, Milan and Dubai.

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.

• Have direct managerial responsibility for a team of 8 analysts;
• Lead ratings analysis, execution and research on new and existing transactions in Transport in project finance/ infrastructure and corporates
• Provide credit leadership in ratings process, ensuring consistent application of Fitch’s criteria;
• Chair or lead rating committee discussions and provide senior judgment on credit analysis;
• Oversee development of rating rationales, research publications, sector outlooks, and market commentary;
• Represent Fitch externally in meetings with issuers, sponsors, banks, investors, advisors, and other market participants;
• Lead, mentor, and develop analysts within the transport corporate and project finance team;
• Foster a positive, collaborative and high-performing work environment;
• Champion analytical excellence and operational efficiency by adopting best practices and leveraging new technologies.

You May be a Good Fit if You Have:

• 12+ years of relevant experience in credit analysis role in corporates and/or project finance/infrastructure;
• Experience managing people and teams;
• A healthy sense of intellectual curiosity and a life-long learning mindset;
• Ability to shift fluidly between multiple projects as priorities change;
• Excellent written and verbal communication skills;
• Bachelor’s degree required; CFA, MBA, or other advanced qualification preferred.

What Would Make You Stand Out:

• Extensive experience in project finance, infrastructure finance and/or extensive expertise in corporate credit analysis and forecasting;
• Deep understanding of project finance structures, financing documentation, contractual arrangements, and risk allocation frameworks;
• Strong ability to read and fully comprehend complex structures;
• Strong knowledge of the transport sectors, including airports, ports, toll roads, airlines, shipping and logistics;
• Excellent modelling skills and thorough familiarity with spreadsheet-based financial models;
• Proven leadership experience managing teams and mentoring analysts.

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 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 Affinitive 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.