Quantitative Analyst - Model Development Team

Fitch Group, Inc., Fitch Ratings, Inc., Fitch Solutions Group; Greater London; On-site; GBP 65,000 - 90,000; Full time

Benefits offered by this job

Hybrid work

Continuous learning

Retirement planning

Healthcare

Parental leave

Volunteer days

Career growth

Job summary

Fitch Ratings in London is seeking a Quantitative Analyst (Analyst/Senior Analyst) to join the Model Development Team. You’ll design and maintain credit rating models that underpin Fitch’s analytical processes, collaborating with rating teams across sectors.

Applicants should hold a Master’s in a quantitative field and have programming experience in Excel/VBA and Python or R, with strong communication and teamwork.

Qualifications

• Master’s degree in quantitative disciplines such as Financial Engineering.
• Programming and model development experience in Excel/VBA and Python or R.
• Ability to solve problems using critical, rational and creative thinking.
• Strong verbal and written communication skills; ability to convey technical concepts clearly.
• Strong work ethic and strong team player.

Responsibilities

• Gain and leverage knowledge of credit modelling, rating methodology and criteria.
• Contribute to the development of models across sectors including Corporates, Infrastructure and Project Finance, Financial Institutions, and Governments and Public Finance.
• Team up with other specialists to research, design, implement and enhance models, conduct testing, and prepare model documentation.
• Leverage opportunities to contribute to trainings, research projects and user/client support.

Skills

Credit modelling

Financial Engineering

Python

R

Excel/VBA

Communication

Education

Master's degree in quantitative disciplines

Tools

Excel

Python

R

Job description

Fitch Ratings is currently seeking a Quantitative Analyst - Analyst/Senior Analyst based out of our London office.

London, GB

As one of the world’s top three credit ratings agencies, Fitch Ratings plays a critical role in global capital markets by providing 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.

Explore a career at Fitch Ratings and you’ll join a collaborative network of curious minds. Here, our differences are our strengths - in life as well as our work. Together we work with integrity and objectivity to provide clarity to the world’s financial markets. We pride ourselves on our ability to harness the ideas, expertise, and professionalism of our global workforce, which is integral to our continued success. The accessibility and depth of experience of our industry leading analysts, combined with our broad sector credentials, allow us to help market participants make important credit decisions with confidence.

About the Team

The Model Development Team (MDT) plays a critical role in designing, enhancing and maintaining the credit rating models that underpin Fitch Rating’s analytical processes. It is part of the Analytical Group with thirty talented modelling specialists located in the UK, US and China. We work very closely with the ratings team to design and develop models applying the relevant rating methodologies rigorously, accurately and efficiently. The team works in a dynamic, collegial and collaborative environment that values innovation and analytical rigor whilst supporting team members’ professional development.

How You’ll Make an Impact:

• Gain and leverage valuable knowledge of credit modelling, rating methodology and criteria
• Contribute to the development of models across a diverse set of sectors, including Corporates, Infrastructure and Project Finance, Financial Institutions, and Governments and Public Finance
• Team up with other talented specialists to research, design, implement and enhance models, conduct comprehensive testing, and prepare model documentation.
• Leverage the opportunity to contribute to other team initiatives such as trainings, research projects and user/client support.

You May be a Good Fit if:

• Master’s degree in quantitative disciplines such as Financial Engineering
• Programming and model development experience in Excel/VBA and Python or R.
• Ability to solve problems using critical, rational and creative thinking
• Strong verbal and written communication skills; ability to convey technical concepts clearly
• Strong work ethic and strong team player

What Would Make You Stand Out:

• Prior experience in credit risk, financial/cashflow or statistical modelling, with hands-on exposure in Excel/VBA, Python or R.
• Self-motivated with ability to manage timelines across multiple projects

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 workplacewhere 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 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 proud to be an Equal Opportunity and Aff... 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.