Credit Analyst - Senior Analyst level - Structured Credit - Madrid

Overview Credit Analyst - Senior Analyst level - Structured Credit - Madrid

Requisition ID : 48312

Business Unit : Fitch Ratings

Category : Credit Analysis & Research

Location : Madrid, M, ES

Date Posted : Aug 28, 2025

Fitch Ratings is currently seeking a Credit Analyst at Senior Analyst level within the Structured Credit team based out of our Madrid 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 a Senior Analyst 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 loans 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 Affirmative Action 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.

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