Associate Director/Director - Real Estate - Corporates -Stockholm (7901)
Dual-headquartered in New York and London, Fitch Ratings is a leading provider of credit ratings, commentary and research. Dedicated to providing value beyond the rating through independent and prospective credit opinions, Fitch Ratings offers global perspectives shaped by strong local market experience and credit market expertise. The additional context, perspective and insights we provide help investors to make important credit judgments with confidence.
Fitch Solutions delivers credit market data, analytical tools and risk services to the global financial community. In addition to offering proprietary market based content, Fitch Solutions distributes the ratings, research and financial data of Fitch Ratings through a variety of flexible platforms. With innovation and experience behind every solution, Fitch Solutions helps financial professionals meet the diverse and evolving needs of today's global markets.
Fitch Ratings and Fitch Solutions, along with Fitch Learning and BMI Research, are part of the Fitch Group, a global leader in financial information services with operations in more than 30 countries. Fitch Group is majority-owned by Hearst .
Fitch complies with all laws governing employment in each jurisdiction in which it operates, and provides equal opportunity to all applicants and employees. All applications will be considered without regard to race, colour, religion, gender, national origin, age, disability, marital or veteran status, sexual orientation, and other status protected by applicable laws.
Fitch Ratings' EMEA Corporate group provides public and private ratings of companies and their debt instruments in Western Europe and, CEE, the CIS, Middle East and Africa.
The department employs a team of credit analysts across Europe. In addition to London, Fitch's largest office, the department has offices in Moscow, Paris, Frankfurt, Stockholm, Warsaw, Barcelona, Madrid, Milan and Dubai.
The department is split into six sector teams: Natural Resources and Commodities, Utilities and Transport, Consumer and Healthcare, Industrials, Real Estate and Telecoms, Media and Technology. In addition, a specialist Leveraged Finance team focuses on credits with leveraged capital structures.
The EMEA Real Estate Ratings team covers more than 40 public and private credits with members of the analytical group working from London, Stockholm, Warsaw and Dubai.
The successful candidate will be a member of the EMEA Real Estate team and take analytical responsibility for a varied portfolio of EU (including Eastern Europe) corporate issuers. You will monitor news and results flow to identify events or trends which may lead to rating changes. You will conduct meetings with and analyse the creditworthiness of issuers in the sectors that you follow.
You will also present to and discuss recommendations for new ratings or rating changes with a rating committee and communicate Fitch's credit opinions externally. You will participate in, and ideally initiate, ad-hoc sector commentaries and topical research. The role will also involve some analytical support to business development activities, interaction with issuers, investors and bankers. It will entail some travel.
Qualifications and experience:
The role would suit an individual with analytical experience looking to develop further in an intellectually challenging, analytically rigorous yet supportive environment. Fitch's corporate analysts have diverse backgrounds, including career financial/credit analysts, professional services, or financial or operational roles in companies.
We have targeted the Stockholm office because existing analytical resources covering EU rated property companies is already well-established there and Fitch would like the successful candidate to work alongside analysts from that office, as well as the remainder of the Real Estate team in London and Warsaw.
- A first-rate academic background in a finance-related field. Professional qualifications (e.g. CFA) would be an advantage but not a necessity.
- Strong analytical skills evidenced by experience in an analytical or similar role covering real estate companies (spanning commercial and residential real estate).
- Good written and verbal communications skills in English.
- Cash-flow modelling and accounting skills.
- A strong team spirit, enabling him/her to work seamlessly with other members of the team.
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