Director - Financial Institutions

Scope Group; Union (NJ); On-site; USD 122,000 - 167,582; Full time

Benefits offered by this job

Discretionary bonus

Extensive benefits

Job summary

Scope Group's Financial Institutions team is seeking a senior rating analyst to assess credit risk and monitor ratings across banks and NBFIs in Europe. You will interact with bank executives, regulators, investors and journalists, and help develop new methodologies.

Based in the EU, you will join an international, collaborative team and contribute to Scope’s research excellence through publishing and presentations, with career growth opportunities long-term.

Qualifications

• 10+ years experience with internationally recognized financial institutions, focusing on bank credit analysis.
• Master's degree in finance, banking, economics, statistics, mathematics, or equivalent qualification.
• Strong knowledge of European and UK bank regulations and banking trends.
• Excellent interpersonal and communication skills, with ability to deliver in a professional manner.

Responsibilities

• Carry analytical responsibility for a portfolio of banks and NBFIs in several European countries.
• Lead rating committee discussions and communicate rating recommendations and reports.
• Monitor ratings and recommend reviews in a timely manner.
• Serve as main communication point between Scope and clients.
• Attend and lead meetings with bank representatives and senior management.
• Publish high-quality, forward-looking research and comments.
• Represent Scope Ratings to investors and market participants; give presentations and briefings.
• Contribute to development of Scope’s analytical capabilities and methodologies.

Skills

Credit risk analysis

Banking regulations

Financial analysis

Communication

English fluency

Education

Master's degree in finance or related field

Tools

PowerBI

VBA

Macrobond

S&P CapIQ

Job description

Scope is looking for a talented, dynamic and results-oriented senior rating analyst to join Scope’s Financial institutions team based in the EU. You will be joining a dynamic, friendly and international team with analysts located in Paris, Milan, London, Madrid, Frankfurt and Oslo. You will be responsible for assessing credit risk and monitoring existing ratings on your own portfolio of banks and NBFIs, liaising with issuers and market participants and regularly publishing research on key credit topics affecting your coverage. As part of your rating work, you will interact with bank executives, regulators, investors and journalists. In addition, you will play a vital part in the development of new methodologies and work closely with other team members to take the next step in further developing Scope’s presence and recognition.

The position offers long term significant career opportunities for high performing analysts

Responsibilities

• Carry primary analytical responsibility for a portfolio of up to 20 banks and non-bank financial institutions in several European countries.
• Lead rating committee discussions, being responsible for rating recommendations and associated communications, including press releases and rating reports.
• Monitor existing ratings and recommend reviews and changes on a timely basis as necessary.
• Act as main communication point of contact between Scope and its clients.
• Attend, and act as a lead rating analyst on meetings with bank representatives, including senior management.
• Produce high-quality, insightful, and forward-looking research and analytical comments on a timely basis (thematic, name-specific, market-specific, etc.)
• Represent Scope Ratings expertise to investors and other market participants, as well as give presentations and briefings at a highly professional level.
• Participate in the development of Scope’s analytical capabilities, tools and methodologies

Qualifications

• At least 10 years of relevant experience with internationally recognized financial institution such as a rating agency, investment bank, consultancy firm or asset manager, ideally with a focus on bank credit analysis.
• Master's degree in finance, banking, economics, statistics, mathematics, or equivalent qualification.
• Solid understanding of European and UK bank regulations and banking trends.
• Extensive knowledge of different classes of bank liabilities and their risk drivers.Excellent familiarity with numbers and accounting concepts applicable to banks, as well as with financial ratios relevant for bank analysis.
• High degree of self-organization with a demonstrated ability to deliver on projects and meet challenging internal and external deadlines.
• Reliability and accountability, including the willingness to take responsibility in a proactive fashion.
• Strong analytical and problem-solving skills, including the ability to think outside of the box and constructively challenge the status quo.
• Excellent interpersonal skills, including the ability to flawlessly communicate via remote channels with colleagues and clients.
• Confident and professional appearance.
• Proficient use of VBA, PowerBi, Macrobond or S&P CapIQ are a plus.
• Proficient written and oral communication in English. Fluency in other European languages is highly valued.

Compensation

The compensation range disclosed may encompass multiple title levels (Scope internal levels of seniority). Your actual compensation will depend on a variety of factors, including but not limited to your individual experience, education, and seniority, and the final salary will be determined during the interview and evaluation process.

Pay Band: Director - Financial Institutions

Minimum: £91,000.00

Maximum: £125,000.00

Bonus and Benefits

Bonus: Discretionary

Benefits: Scope offers an extensive range of benefits, please check our benefits page for more details.

EEO Statement

At Scope Group, we are committed to fostering a diverse and inclusive workplace where everyone is treated with respect and fairness. We embrace people from all backgrounds, regardless of culture, ethnicity and gender. We ensure that our application processes are free from discrimination. By valuing each individual's unique background and perspectives, we strive to create an environment where all employees can thrive and contribute their best. Our dedication to equality and inclusivity reflects our belief that diversity drives innovation and success.