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Fitch Inc Global Group Credit Officer in New York, New York

Global Group Credit Officer for Structured Finance & Covered Bonds - CPG

The Credit Policy Group (CPG) works in partnership with the analytical, operations, legal and compliance groups to ensure Fitch's ratings are timely, robust and consistent. CPG forms part of Fitch's second line of defence and is therefore an important function in monitoring and maintaining Fitch's controls. The group reports ultimately to the Group Chief Risk Officer.

CPG does this by acting as a 'challenger' function. The group identifies credit risks that require additional focus, provides alternative views on current credit issues, and feeds that analysis back into the analytical teams, assessing Fitch's rating performance and assisting groups in the application of ratings criteria and models. CPG also houses Fitch Ratings' 'rapid response' research function, FitchWire.

This role can be located in a ny Fitch Ratings office. The GCO function is a global team, with 18 members located across 8 cities around the globe. The position adheres to Fitch's onsite flex policy.

What We Offer:

The successful applicant will be part of the Group Credit Officer (GCO) function within CPG, responsible for all GCO functions covering Structured Finance & Covered Bonds (SF/CVB). The role includes management of a team of specialist GCOs (currently based in Chicago, New York, Frankfurt and Milan), and is one of four direct reports to Richard Hunter, Chief Credit Officer for Fitch Ratings.

  • The GCO function offers high visibility through direct involvement in many important credit decisions
  • The main contacts in the asset group are the Global and Regional Group Heads
  • GCOs are regularly part of credit strategy discussions at Fitch Ratings

We'll Count on You To:
  • Identify immediate and developing risks that deserve additional analytical focus,
  • Challenge the credit thinking of Fitch's analytical groups with alternative viewpoints,
  • Assess Fitch's rating performance,
  • Attend committees and monitor the application of criteria and variations,
  • Senior regulatory interactions relating to SF/CVB, on behalf of CPG, as required
  • Participate in the criteria development process,
  • Create a strong credit culture by being a role model for Fitch's values of transparency, independence, timeliness, rigour & integrity and diversity & inclusion.
  • Assist product groups in implementing policy for the broad application of ratings criteria and models,
  • Work in partnership with the analytical, operations, legal and compliance groups to improve the rigour of the analytical system, and
  • Communicate with the analytical group on the most important credit topics facing the rated portfolio,
  • Discussion of ratings and risks with key market participants to exchange views and gather information regarding credit matters,
  • Facilitate communication across regions to ensure a consistent approach to similar credit issues, including periodic organization and provision of training on credit matters,
  • Lead and contribute to research on important credit themes, and
  • Work closely with Group Credit Officers covering other asset classes and Regional Credit Officers in order to identify, discuss and address credit matters and economic issues that may impact multiple sectors.


What You Need to Have:
  • Extensive experience in a senior analytical ratings role
  • Experience of credit and rating analysis with a SF/CVB focus
  • Prior criteria development skills are desirable
  • Excellent verbal and written communication skills
  • Evidence of ability to engage stakeholders in alternative viewpoints in a constructive manner is essential
  • Ability to demonstrate independence of thought


Why Fitch?

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 Ratings is part of the Fitch Group, a global leader in financial information services with operations in more than 30 countries, and a fully-owned subsidiary of the Hearst group.

Fitch Ratings and Fitch Solutions are equal opportunity / affirmative action employers, complying with all laws governing employment in each jurisdiction in which operating, and provide equal opportunity to all applicants and employees. All qualified applicants will be considered without regard to race, color, religion, gender, national origin, age, disability, marital or protected veteran status, sexual orientation, gender identity and other status protected by applicable laws.

FOR NEW YORK AND CALIFORNIA ROLES ONLY: Expected base pay rates for the role will be between $220, 000 and $250, 000. Actual salaries will be determined on an individualized basis and may vary based on factors including but not limited to education, training, experience, past performance, and other job-related factors. Base pay is one part of Fitch's total compensation package, which, depending on the position, may also include commission earnings, discretionary bonuses, long-term incentives, and other benefits sponsored by Fitch.

Equal Opportunity Employer - minorities/females/veterans/individuals with disabilities/sexual orientation/gender identity

Minimum Salary: 0.00 Maximum Salary: 0.00 Salary Unit: Yearly

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