Structured Credit, Credit Analyst - Senior Analyst / Associate Director level - Milan

<p><span><strong>Fitch Ratings is currently seeking a Credit Analyst at Associate Director level within the Structured Credit team based out of our Milan office. </strong> </span></p> <p> </p> <p><span>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.</span></p> <p><br/><span>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.</span></p> <p> </p> <p><span>Want to learn more about a career as a credit analyst at Fitch Ratings? Visit: https://careers.fitch.group/content/Credit-Analysts/</span></p> <p><span><strong> </strong></span></p> <p><span><strong>About the Team</strong></span></p> <p><span>Fitch’s European Structured Finance team maintains existing ratings and assigns ratings to new structured finance transactions.</span></p> <ul type="disc"> <li><span>We are currently seeking an Associate Director level Credit Analyst to join the European Structured Finance team</span></li> <li><span>The successful candidate will be part of a team of analysts rating transactions back by mortgage loans, consumer loans and/or corporate loan including leveraged loan CLOs</span></li> <li><span>The team analyses transactions in line with Fitch’s rating criteria and provides high quality credit opinions to investors and other market participants</span></li> </ul> <p> </p> <p><span><strong>How You’ll Make an Impact:</strong> </span></p> <ul type="disc"> <li><span>Implement default, recovery, and cash flow modelling</span></li> <li><span>Reviewing transaction legal documents</span></li> <li><span>On-site review of underwriting and servicing of transaction originators and CLO managers</span></li> <li><span>Preparing rating proposals for presentation to internal rating committees</span></li> <li><span>Communicating rating rationale to investors and other market participants through presale reports, presentations, and meetings</span></li> <li><span>Communicating with transaction arrangers and originators to understand asset characteristics and structural features of the transactions</span></li> <li><span>Assist in the development of criteria and supporting research</span></li> </ul> <p> </p> <p><span><strong>You May be a Good Fit if:</strong></span></p> <ul type="disc"> <li><span>This is a demanding and exciting role, so we are looking for highly motivated candidates</span></li> <li><span>The successful candidate should have some prior experience in finance</span></li> <li><span>Knowledge of securitisation structures and in particular CLOs would be beneficial</span></li> <li><span>Candidates will be highly numerate and analytical, with advanced Excel skills</span></li> <li><span>The role also involves analysis of legal transaction documents. While no legal background is required successful candidates should be able to review and analyse legal contracts from a credit risk perspective</span></li> </ul> <p> </p> <p><span><strong>What Would Make You Stand Out:</strong> </span></p> <ul type="disc"> <li><span>A central element of the position is communicating your analysis, both internally and externally. Therefore, candidates should have excellent written and oral communication skills in English</span></li> <li><span>Other European languages are desirable</span></li> </ul> <p> </p> <p><span><strong>Why Choose Fitch:</strong> </span></p> <ul type="disc"> <li><span><strong>Hybrid Work Environment:</strong> 3 days a week in office required</span></li> <li><span><strong>A Culture of Learning &amp; Mobility: </strong>Dedicated trainings, leadership development and mentorship programs designed to ensure that your time at Fitch will be a continuous learning opportunity</span></li> <li><span><strong>Investing in Your Future:</strong> Retirement planning and tuition reimbur