AVP - Ratings (Sub-Sovereign)

Moody's Corporation; Greater London; On-site; GBP 85,000 - 110,000; Full time

Job summary

Moody's Corporation in the United Kingdom is seeking a senior credit analyst to lead analysis of UK sub-sovereign issuers, beginning with housing associations. You will evaluate audited statements, monitor sector trends, and present forward-looking recommendations to rating committees.

You will collaborate with regional and global teams, mentor junior staff, and apply responsible AI practices to enhance research quality and efficiency.

Qualifications

• Strong financial statement analysis required.
• Accounting principles knowledge advantageous.
• Experience in credit risk analysis across public sector or sub-sovereign sectors.

Responsibilities

• Lead credit analysis for UK sub-sovereign issuers, starting with housing associations.
• Analyse audited financial statements and sector data to assess credit quality.
• Monitor developments affecting assigned credits and sector trends.
• Present recommendations at rating committees with clear rationale.
• Build relationships with issuers, investors, and government representatives.
• Collaborate with regional and global colleagues to maintain standards.
• Coach junior colleagues and support research and portfolio activities.
• Complete documentation and compliance per internal standards.

Skills

Strong financial statement analysis

Accounting principles understanding

Credit risk analysis

Quantitative and analytical skills

English communication

AI curiosity

Responsible AI practices

Education

Graduate degree in Accounting/Finance/Economics

CFA or equivalent professional qualification

Job description

At Moody's, we unite the brightest minds to turn today’s risks into tomorrow’s opportunities. We do this by striving to create an inclusive environment where everyone feels welcome to be who they are—with the freedom to exchange ideas, think innovatively, and listen to each other and customers in meaningful ways. Moody’s is transforming how the world sees risk. As a global leader in ratings and integrated risk assessment, we’re advancing AI to move from insight to action—enabling intelligence that not only understands complexity but responds to it. We decode risk to unlock opportunity, helping our clients navigate uncertainty with clarity, speed, and confidence.

Skills And Competencies

• Strong financial statement analysis skills, with the ability to assess audited accounts, business plans and financial performance indicators for complex public sector or sub-sovereign issuers
• Solid understanding of accounting principles, preferably supported by an accounting or finance degree, Certified Financial Analyst qualification, accounting qualification, or relevant professional experience
• Experience analysing credit risk, public finance, real estate, housing associations, local governments, universities, transport, nonprofits, or other sub-sovereign sectors
• Strong quantitative, analytical and judgement skills, with the ability to interpret complex information and form clear, forward-looking credit views
• Excellent written and verbal communication skills in English, with the ability to present analysis clearly to internal committees and external stakeholders
• Highly organised and able to manage a portfolio of issuers independently, balancing competing priorities, deadlines and documentation requirements Basic understanding of artificial intelligence concepts, with curiosity and enthusiasm for learning how AI tools can be used to improve processes and drive efficiency
• Interest in responsible AI practices, including risk management and ethical use

Education

• Graduate degree, in Accounting, Finance, Business, Economics, Statistics, Public Administration, or a related field
• Certified Financial Analyst qualification, accounting qualification, or equivalent professional experience would be advantageous

Responsibilities

Lead credit analysis and research for UK sub-sovereign issuers, initially focused on housing associations.

• Analyse audited financial statements, business plans, sector developments and other issuer-specific information to assess credit quality
• Monitor developments affecting assigned credits and maintain a strong understanding of relevant accounting, regulatory, economic and sector trends
• Present clear, well-supported and forward-looking recommendations at rating committees in line with applicable methodologies
• Produce high-quality research on issuers, sector trends and key credit themes affecting UK sub-sovereign entities
• Build and maintain effective relationships with issuers, investors, government representatives and other external stakeholders
• Represent Moody’s externally through meetings, investor briefings, conferences and other outreach activities
• Collaborate with regional and global colleagues to support consistent analytical standards and knowledge sharing
• Coach junior colleagues and support the delivery of analytical work, research and portfolio management activities
• Complete documentation, reporting and compliance-related activities accurately and in line with internal standards

About The Team

The Sovereign and Sub-Sovereign Risk Group is responsible for credit analysis, ratings and research across public sector and sub-sovereign issuers. The team covers a range of sectors, including housing associations, universities, regional and local governments, nonprofits and transport. By joining the team, you will contribute to Moody’s work by providing independent, high-quality credit analysis that helps market participants understand public sector and sub-sovereign risk. You will produce research and insights on key credit trends affecting UK housing associations and other sub-sovereign issuers, while supporting engagement with investors, issuers, government officials, and other market participants through research, briefings, and outreach activities. You will also have the opportunity to leverage innovative analytical tools, including artificial intelligence capabilities, to enhance research processes, improve efficiency, identify emerging credit trends, and support more informed risk assessment. Our team is increasingly leveraging artificial intelligence tools to streamline research workflows, enhance operational efficiency, and support analytical activities. Team members are encouraged to explore AI-powered solutions responsibly, while maintaining strong analytical judgment, effective risk management, and adherence to Moody's standards of quality and integrity.

Moody’s 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.

Candidates for Moody's Corporation may be asked to disclose securities holdings pursuant to Moody’s Policy for Securities Trading and the requirements of the position. Employment is contingent upon compliance with the Policy, including remediation of positions in those holdings as necessary.