The EMEA Financial Institutions team provides ratings on investment grade and speculative grade financial institutions based in Europe. The Ratings & Research Support department is responsible for producing analytical inputs in support of Moody's Ratings and Research (R&R) function.
In addition, this department will provide support for surveillance requirements and partner with R&R to provide the necessary support for issuer and investor interactions.
Role/Responsibilities
The Ratings Associate will conduct comprehensive analysis on a portfolio of ratings/credits, predominantly banks and other financial institutions based in EMEA. The Rating Associate will perform holistic evaluations of credit risk by integrating credit inputs prepared by others, including Financial Data Analysts (FDAs), RRS Associates and external parties.
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The role requires a solid accounting background with strong focus in financial analysis. Candidates will be expected to demonstrate their ability to work effectively in a team environment. The ideal candidate for this role will possess strong organizational skills, demonstrate attention to detail, and enjoy working in a collaborative team environment.
The Ratings Associate role provides a unique opportunity to foster skills that are valuable to any future career in the financial services industry. This will be an internally facing role, reporting into the RRS Team Manager (RRSTM).
Key Responsibilities
- Complete Credit Estimates used to assess elements of credit risk in certain rated transactions.
- Performs day-to-day credit analysis. Examples of analytical work produced include:
- Reviewing financial spreadsheets and charts prepared by others, analyzing data and financial statements, building and updating financial forecasts, and writing analytical commentary in accordance with Moody's methodologies.
- Assisting with proprietary models and new financial projections as applicable, identifying trends in data, and applying analytical skills and judgment to form well-reasoned credit conclusions.
- Develops strong working knowledge of Moody's methodologies and credit rating best practices, applying these with guidance from Lead Analysts.
- Demonstrates the ability to understand and identify key factors that affect issuer credit ratings.
- Interprets and analyzes financial data and other credit inputs provided by others e.g. FDAs and RRS Associates.
- Demonstrates sound understanding and judgment in applying Moody's processes, documentation standards and best practices, adhering to all laws and policies.
- Provides clear, concise and constructive guidance in the delegation of work to Associates (if applicable), actively managing workload pipeline in order to provide sufficient time for completion. Seeks RRSTM guidance where needed to determine how to allocate work.
Qualifications :
- Minimum graduate/second level degree (Masters, MBA or equivalent qualifications).
- 1-5 years of relevant experience (including internships) is preferred.
- Accounting background with strong focus in financial analysis (e.g., through coursework, CFA, ACA or ACCA, or relevant work experience).
- Demonstrates good understanding of Banking financial statements and accounting.
- Working knowledge of MS Excel, Word and PowerPoint.
- Solid verbal, written communication and interpersonal skills.
- Ability to work effectively in a collaborative team environment.
- Strong organizational skills and attention to detail.
- Ability to adapt to a changing environment and prioritize tasks accordingly.
- Fluency in English is essential