Structured Credit Analyst Associate Director

Fitch Group, Inc., Fitch Ratings, Inc., Fitch Solutions Group; Greater London; Hybrid; GBP 100,000 - GBP 125,000; Full time

Job summary

A leading global credit agency is seeking an Associate Director - Credit Analyst to join their European Structured Finance team in London. The candidate will implement cash flow modeling, prepare rating proposals, and communicate findings to investors. Candidates should have strong analytical skills, finance experience, and be proficient in Excel. The role offers a hybrid environment with extensive learning opportunities and comprehensive benefits, aiming to support both professional growth and personal well-being.

Benefits

Hybrid work environment

Continuous learning opportunities

Retirement planning

Tuition reimbursement

Comprehensive healthcare

Generous parental leave

Paid volunteer days

Qualifications

• Prior experience in finance is preferred.
• Knowledge of securitisation structures and CLOs is beneficial.
• Ability to review and analyze legal contracts from a credit risk perspective.

Responsibilities

• Implement default, recovery, and cash flow modelling.
• Review underwriting and servicing of transaction originators and CLO managers.
• Prepare rating proposals for internal committees.
• Communicate rating rationale via presale reports and presentations.
• Assist in the development of criteria and research.

Skills

Analytical skills

Advanced Excel skills

Written communication

Oral communication

Numerical proficiency

Job description

Structured Credit, Credit Analyst - Associate Director - London

Requisition ID: 49415

Business Unit: Fitch Ratings

Category: Credit Analysis & Research

Location: London, GB

Date Posted: Feb 3, 2026

Fitch Ratings is currently seeking a Structured Credit, Credit Analyst, Associate Director based out of our London office.

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.

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.

Fitch’s European Structured Finance team maintains existing ratings and assigns ratings to new structured finance transactions.

We are currently seeking an Associate Director level Credit Analyst to join the European Structured Finance team. The successful candidate will be part of a team of analysts rating transactions backed by mortgage loans, consumer loans, and/or corporate loan including leveraged loan CLOs. The team analyses transactions in line with Fitch’s rating criteria and provides high‑quality credit opinions to investors and other market participants.

How You’ll Make an Impact:

• Implement default, recovery, and cash flow modelling
• On‑site review of underwriting and servicing of transaction originators and CLO managers
• Preparing rating proposals for presentation to internal rating committees
• Communicating rating rationale to investors and other market participants through presale reports, presentations, and meetings
• Communicating with transaction arrangers and originators to understand asset characteristics and structural features of the transactions
• Assist in the development of criteria and supporting research

You May be a Good Fit if:

• This is a demanding and exciting role, so we are looking for highly motivated candidates
• The successful candidate should have some prior experience in finance
• Knowledge of securitisation structures and in particular CLOs would be beneficial
• Candidates will be highly numerate and analytical, with advanced Excel skills
• 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

What Would Make You Stand Out:

• 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
• Other European languages are desirable

Why Choose Fitch:

• Hybrid Work Environment: 3 days a week in office required
• A Culture of Learning & Mobility: Dedicated trainings, leadership development and mentorship programs designed to ensure that your time at Fitch will be a continuous learning opportunity
• Investing in Your Future: Retirement planning and tuition reimbursement programs that empower you to achieve your short and long‑term goals
• Promoting Health & Wellbeing: Comprehensive healthcare offerings that enable physical, mental, financial, social, and occupational wellbeing
• Supportive Parenting Policies: Family‑friendly policies, including a generous global parental leave plan, designed to help you balance career and family life effectively
• Inclusive Work Environment: A collaborative workplace where all voices are valued, with Employee Resource Groups that unite and empower our colleagues around the globe
• Dedication to Giving Back: Paid volunteer days, matched funding for donations and ample opportunities to volunteer in your community

Fitch is committed to providing global securities markets with objective, timely, independent and forward‑looking credit opinions. To protect Fitch’s credibility and reputation, our employees must take every precaution to avoid conflicts of interest or any appearance of a conflict of interest. Should you be successful in the recruitment process at Fitch Ratings you will be asked to declare any securities holdings and other potential conflicts prior to commencing employment. If you, or your immediate family, have any holdings that may conflict with your work responsibilities, you may be asked to divest yourself of them before beginning work.

Fitch is proud to be an Equal Opportunity and Aff… employer. We evaluate qualified applicants without regard to race, color, national origin, religion, sex, sexual orientation, gender identity, disability, protected veteran status, and other statuses protected by law.