Credit Analyst - Senior Analyst level - Structured Credit - Madrid

Fitch Ratings; Madrid; Híbrido; EUR 60.000 - 80.000; Jornada completa

Descripción de la vacante

A leading credit ratings agency in Madrid seeks a Senior Credit Analyst to join their Structured Credit team. The role involves implementing default and cash flow modeling, reviewing legal documents, and preparing rating proposals. Ideal candidates will have prior finance experience and advanced analytical skills. This role supports a hybrid work model, promoting learning and health benefits.

Servicios

Hybrid Work Environment

Comprehensive healthcare offerings

Retirement planning and tuition reimbursement

Paid volunteer days

Formación

• Prior experience in finance.
• Knowledge of securitisation structures and CLOs preferred.
• Ability to review legal documents from a credit risk perspective.

Responsabilidades

• Implement default, recovery, and cash flow modelling.
• Review transaction legal documents.
• Prepare rating proposals for internal committees.
• Communicate rating rationale to investors.

Conocimientos

Analytical skills

Advanced Excel skills

Written and verbal communication in English

Descripción del empleo

Fitch Ratings is currently seeking a Credit Analyst at Senior Analyst level within the Structured Credit team based out of our Madrid 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.

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.

About the Team

Fitch’s European Structured Finance team maintains existing ratings and assigns ratings to new structured finance transactions.

• We are currently seeking a Senior Analyst level Credit Analyst to join the European Structured Finance team
• The successful candidate will be part of a team of analysts rating transactions backed by mortgage loans, consumer loans and/or corporate loan including leveraged loan CLOs
• The team analyses transactions in line with Fitch’s rating criteria and provides high-quality credit opinions to investors and other market participants

How You’ll Make an Impact

• Implement default, recovery, and cash flow modelling
• Reviewing transaction legal documents
• On-site review of underwriting and servicing of transaction originators and CLO managers
• Preparing rating proposals for presentation to internal rating committees
• Communicating rating rationale to investors and other market participants through presale reports, presentations, and meetings
• Communicating with transaction arrangers and originators to understand asset characteristics and structural features of the transactions
• Assist in the development of criteria and supporting research

You May be a Good Fit if

• This is a demanding and exciting role, so we are looking for highly motivated candidates
• The successful candidate should have some prior experience in finance
• Knowledge of securitisation structures and in particular CLOs would be beneficial
• Candidates will be highly numerate and analytical, with advanced Excel skills
• The role also involves analysis of legal transaction documents. While no legal background is required, successful candidates should be able to review and analyse legal contracts from a credit risk perspective

What Would Make You Stand Out

• A central element of the position is communicating your analysis, both internally and externally. Therefore, candidates should have excellent written and oral communication skills in English
• Other European languages are desirable

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.

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.