Associate Director, Financial Institutions Ratings

Fitch Group; Hong Kong; Hybrid; HKD 1,500,000 - 2,100,000; Full time

Benefits offered by this job

Hybrid Work Environment

Training and Mobility Programs

Healthcare offerings

Parental leave policy

Inclusive work environment

Volunteer days and charitable giving

Job summary

Fitch Ratings is seeking an Associate Director-level Credit Analyst in Hong Kong to join the APAC Financial Institutions Ratings group. Based in Central, you will lead quantitative and qualitative credit analyses on non-bank financial institutions, banks, and insurers, collaborating with regional teams to deliver timely ratings and research.

The role emphasizes ownership, rigorous analysis, clear communications, and the ability to travel occasionally within the region.

Qualifications

• 5+ years of experience in credit or risk analysis, with exposure to financial institutions, particularly NBFIs, banks, or insurers
• Strong analytical capabilities, with a structured approach to problem-solving and forming well-reasoned judgments
• Excellent communication skills, with the ability to translate complex concepts into clear, compelling insights
• Native or fluent proficiency in both Mandarin Chinese and English
• Willingness to travel occasionally to meet issuer management across the region

Responsibilities

• Take ownership of quantitative and qualitative credit analysis of NBFI credits, driving accurate rating assignments and surveillance that uphold Fitch's analytical standards
• Manage a portfolio of rated entities with discipline and efficiency, producing high-quality rating reports and thematic research that deliver the speed, relevance, and insight clients increasingly expect
• Present and defend credit views at rating committees, contributing to the consistency and integrity of Fitch's ratings process
• Build trusted relationships with issuers, investors, and other key stakeholders to support franchise growth across the region
• Contribute to strategic initiatives and process improvements, including through the thoughtful application of AI-enabled tools

Skills

Credit analysis

Risk analysis

Strong communication skills

Mandarin Chinese

English

Education

Bachelor's degree in Finance, Economics, or Accounting

Job description

Associate Director, Financial Institutions Ratings

Requisition ID: 50606

Business Unit: Fitch Ratings

Category: Credit Analysis & Research

Location: Central, HK

Date Posted: Sep 9, 2026

Fitch Ratings is currently seeking an experienced Credit Analyst at the Associate Director level, based out of our Hong Kong 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, 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.

This role sits within the APAC Financial Institutions Ratings Group, focused on Non-Bank Financial Institution (NBFI) credit ratings with potential exposure to banks and insurers. Reporting to the Head of APAC NBFIs in Hong Kong, you will play a key role in strengthening our franchise, particularly across Mandarin-speaking markets. We are seeking a self-driven professional who takes ownership, holds high standards, and demonstrates strong analytical rigour, sound judgement, and a genuine commitment to delivering high-quality work.

How You’ll Make an Impact:

• Take ownership of quantitative and qualitative credit analysis of NBFI credits, driving accurate rating assignments and surveillance that uphold Fitch's analytical standards
• Manage a portfolio of rated entities with discipline and efficiency, producing high-quality rating reports and thematic research that deliver the speed, relevance, and insight clients increasingly expect
• Present and defend credit views at rating committees, contributing to the consistency and integrity of Fitch's ratings process
• Build trusted relationships with issuers, investors, and other key stakeholders to support franchise growth across the region
• Contribute to strategic initiatives and process improvements, including through the thoughtful application of AI-enabled tools

You May be a Good Fit if:

• 5+ years of experience in credit or risk analysis, with exposure to financial institutions, particularly NBFIs, banks, or insurers
• Strong analytical capabilities, with a structured approach to problem-solving and forming well-reasoned judgments
• Excellent communication skills, with the ability to translate complex concepts into clear, compelling insights
• Native or fluent proficiency in both Mandarin Chinese and English
• Willingness to travel occasionally to meet issuer management across the region

What Would Make You Stand Out:

• Prior experience at a rating agency or in a fixed income or credit-focused role
• Strong academic background in finance, economics, accounting, or a related field
• Proven ability to take ownership of a coverage portfolio, manage competing priorities effectively, and deliver high-quality work independently
• Proficiency in an additional Asian language

Why Choose Fitch:

• Hybrid Work Environment: 3 days a week in office required
• A Culture of Learning & Mobility: Dedicated training, leadership development and mentorship programs designed to ensure that your time at Fitch will be a continuous learning opportunity
• 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

At Fitch, AI is embedded in how we work every day—supporting smarter decision-making, streamlining workflows, and enabling new ways to create value for our business and clients. Intelligent solutions are increasingly part of our day-to-day operations, helping teams work more efficiently and think differently as we continue to evolve. We’re looking for colleagues who are comfortable operating in an AI-enabled environment—or who are curious, adaptable, and eager to build their AI literacy over time. We value professionals who embrace technology as part of continuous learning and who are committed to using it thoughtfully to enhance how work gets done.

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, 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 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.