2023 Summer Analyst Program – New York

Program Overview:

Fitch Ratings has an exciting 10-week rotational internship program designed for Spring 2024 graduates to experience first-hand what we do at Fitch, what credit ratings are, and why we are so important in the global market. You will learn the ethical and procedural responsibilities of being a team member and be exposed to broad credit and market research training through on-the-job opportunities.

Joining us at Fitch means your voice will be heard and you can make an impact. Immersed in our day-to-day work activities and special projects, you will learn what it means to be a Fitch Ratings credit analyst.

We’re looking for:

• Students pursuing a college, university or graduate degree with an expected graduation date of Spring 2024; with less than 12 months of relevant full-time experience.
• Intellectually curious students with financial flair and a keen interest in credit, fixed income and industry analysis.
• Strong communicators, both verbally and written
• Students from a diverse range of academic backgrounds with a passion for research and analysis
• Individuals who truly value integrity and objectivity – these are two values we hold ourselves to and pride ourselves on

During the program you will have an opportunity to rotate through (2) analytical sectors. Product groups likely to be included are:

• Structured Finance

Fitch’s Structured Finance maintains existing ratings and assigns ratings to new structured finance transactions. Fitch currently rates Structured Finance transactions across four main asset classes: Asset Backed Securities, Residential Mortgage Backed Securities, Commercial Mortgage Backed Securities and Structured Credit.

• Corporate Ratings

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.

• Financial Institutions

Fitch has long been the industry leader in the financial institutions sector, providing more ratings worldwide than any other rating agency – on over 3,500 entities and their securities. 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.

• Global Infrastructure & Project Finance Group

Fitch’s Global Infrastructure and Project Finance Group (GIG) is responsible for the credit ratings of debt related to infrastructure assets mainly in the transportation, energy, and social infrastructure sectors in the Americas.

The portfolio includes public ratings and private credit opinions covering a variety of transaction types (project finance, corporate finance, and structured finance). The assets include airports, toll roads, ports, rail infrastructure, power plants, oil and gas facilities, wind and solar parks, schools and hospitals. The team’s output consists mainly of annual surveillance reviews, new ratings and sector research reports which are published primarily through Fitch’s website.

• Fund & Asset Management

The Fund and Asset Manager Rating Group (FAM) is focused on providing investors with timely, perspective and informative ratings and related research on the asset management industry covering three primary areas (money market funds, credit and market risk ratings for bond funds and asset manager ratings). The Group currently maintains more than 800 ratings worldwide.

• US Public Finance

Fitch Ratings creates value beyond the rating by bringing an informed perspective to the U.S. Public Finance sector. Nearly 90% of the world’s largest institutional investors routinely turn to Fitch Ratings for in-depth analysis, comprehensive research and easily understood criteria for rating state and local governments, public housing, higher education, healthcare, public power, and public transportation bonds. With offices across the United States, our analysts are sensitive to local legislative and legal issues and are poised to address the specific needs of regional markets.

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.