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Fitch Ratings is a global rating agency committed to providing the world's credit markets with independent
and prospective credit opinions, research, and data. With 51 offices worldwide, Fitch Ratings’ global expertise, built on a foundation of local market experience, spans across capital markets in over 150 countries. Fitch Ratings is widely recognized by investors, issuers, and bankers for its credible, transparent, and timely coverage. For more information about employment with Fitch Ratings


Financial Institution Ratings, Dubai - Analyst / AD Job ID #: 9151     Location: United Arab Emirates (UAE) - Dubai
Job Category: Analyst     Department: Financial institutions
Employment Type: Permanent     Education Required: Graduate
Travel Percentage 0   
    


Company Overview

Fitch Ratings is a leading global rating agency committed to providing the world’s credit markets with independent, timely and prospective credit opinions. Built on a foundation of organic growth and strategic acquisitions, Fitch Ratings has grown rapidly during the past decade, gaining market presence throughout the world and across all fixed income markets.

Fitch Ratings is dual-headquartered in New York and London, operating offices and joint ventures in more than 47 locations and covering entities in more than 90 countries. Fitch Ratings is a majority-owned subsidiary of Fimalac, S.A., an international business support services group headquartered in Paris, France.

Department Overview

Fitch has long been the industry leader in the financial institutions sector, providing more ratings worldwide than any other rating agency, over 3,500 entities and their securities.  The firm also provides financial strength and debt ratings for more than 2,500 insurance companies globally.

Fitch’s financial institutions’ coverage includes not only banks, but also finance and leasing companies, securities firms and asset management organizations.  In addition, the group supports dedicated teams for rating specialized securities such as covered bonds.  Because of the firm’s recognised strength in this sector, some banks choose Fitch as their sole rating agency, or opt for Fitch and one other rating agency.


Job Description

As a Dubai based member of the financial institutions analytical team you will assist in the production of credit research on both banks and non-bank financial institutions across the Middle East.  Within this position you will assume a considerable degree of responsibility at an early stage; it is expected that you will be delivering high quality credit analysis research to a wide audience.


Principal responsibilities include:
1) Preparation of analytical reports, based on direct access to issuer senior management as well as on public information
2) Presentation to internal rating committees
3) Liaising with issuers, investors and intermediaries such as investment banks.

Analytical work will include the coverage of individual issuers as well as producing planned and ad hoc sector research publications, such as industry commentaries, rating actions to events of the day and topical research.


Specifically, in this role you will:
• Carry out data analysis and issuer research and write credit rating reports in English.
• Travel to the region and conduct in-depth meetings with senior management at rated institutions
• Present credit analysis on issuers to a rating committee
• Deal with investor customer queries
• Prepare for and attend rating committees on issuers from other geographic areas and contribute to internal discussions on rating issues.

Person Specification

It is important that you are able to work independently while also being good team player and be able to cope with time pressure and deadlines.  You must be happy to travel (up to 20% of working time) and adapt to a multicultural environment.

You should also have had some direct experience covering the financial services industry: an emphasis on credit risk is a positive. You will be a university graduate, or graduate calibre and possession of an  internationally recognised professional qualification in accounting or financial analysis (e.g. CFA) would be an advantage.

We require a balance of good numeracy, analytical ability and skills in writing concise, fluent English. Some evidence of international experience is preferable, such as time spent living abroad and/or travelling. Some knowledge of financial institutions in the region would also be useful.

Fitch is an equal opportunity employer that employs people across the full spectrum of society. Fitch works hard to create a workplace with an emphasis on inclusion, innovation and merit. By valuing diversity and equality in our workplace, we believe it adds strength to our business.


Apply online