Overview

The Fitch Ratings Corporates group provides public and private ratings on companies and their debt instruments, including — bank loans, senior and subordinated debt, commercial paper and preferred stock.

The group's analytical methodology addresses the legal, regulatory and market environments in over 100 countries in which Fitch Ratings operates, with particular emphasis on debt structure. Corporates group analysts continually expand and deepen their research, combining industry expertise with the finest analytical tools to offer well-informed and timely judgments. Analysts are readily available and responsive to investors. Through our structure, our people and our process, the Corporates group provides broad coverage and exceptional service.

Like many groups within Fitch Ratings, the Corporates group places great importance on interaction with its colleagues around the world and other areas of the firm, such as the Sovereign and Structured Finance groups. This collaboration ensures a more comprehensive assessment of an entity's strategic initiatives, competitive position, financial performance and the overall dynamics of the industry in which it operates.

Role profile

Working in the EMEA Industrials group and reporting to the Team Head of the Basic Materials group, you will take lead analytical responsibility for a portfolio of European basic materials issuers. You will be expected to present and discuss your recommendations to a rating committee and will also be responsible for writing research reports and presenting Fitch’s opinions in an incisive manner to external parties. Additional analytical focus will comprise sector-wide research as well as ad-hoc commentaries.

The role will also involve presentation of the analytical product to issuers, investors, the media and bankers and entail some travel. You will be expected to keep fully up-to-date with market/industry developments and to proactively manage the rating process of issuers within you portfolio to provide timely and insightful opinion to investors.

The current portfolio includes European construction materials, mining and steel related issuers. The exact portfolio assumed will be tailored to suit your individual skills and experience and is expected to grow over time to broaden your overall knowledge of industrials issuers. The portfolio will include both investment grade and speculative grade issuers and will involve collaboration with the Leveraged Finance team. The successful candidate will report

This position is located in Milan but candidates based in London and ready to relocate within 12 months would also be considered.

Person Profile

You must possess strong financial analysis skills, including forward-looking cash flow modelling, preferably from a credit or fixed income background. Prior knowledge of the construction materials, mining or steel sectors is a plus but is not essential.

It is important that you are a self-starter with an ability to work independently; with excellent written and verbal communications skills in all forms of English and Italian is a pre-requisite.  

This position will focus upon the Italian corporate environment so a good working knowledge and understanding of this environment is essential.

Application

To apply to this position please submit your current resume and most recent remuneration package via the “apply online” button.

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.

Company Overview

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 50 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.

Fitch Ratings is headquartered in New York and London and is part of the Fitch Group. In addition to Fitch Ratings, the Fitch Group also includes Fitch Solutions, a distribution channel for Fitch Ratings products and a provider of data, analytics, and related services. The Fitch Group also includes Algorithmics, a world leading provider of enterprise risk management solutions. The Fitch Group is a majority-owned subsidiary of Fimalac, S.A., headquartered in Paris, France.