FIG Analyst, Bank Ratings & Capital Advisory (RAC)

Job description

FIG Analyst, Bank Ratings & Capital Advisory (RAC) (London, UK)

Tasks

The role includes:

• Support for existing (renewed) consulting contracts and new business development / pitch materials
• Analysis of credit rating agency methodologies (particularly S&P, Moody’s, and Fitch) and assessment of rating sensitivities and notching implications
• Detailed analysis of bank financial reports, including asset quality, capital, debt, funding, and liquidity metrics, within the framework of rating agencies
• Modeling of capital and funding scenarios, including the impact on CET1, AT1, Tier 2, and MREL/TLAC positions under rating agency frameworks
• Preparation of client materials, briefing notes, and analytical memos for internal and external use
• Monitoring regulatory and credit rating agency developments (e.g., EBA, ECB, PRA) and assessing their impact on client ratings

Requirements

The candidate should:

• Have a comprehensive understanding of the bank’s balance sheet, income statement, and their interrelationships, including asset risk, profitability, capital positioning, funding and liquidity, and off-balance-sheet liabilities
• A strong understanding of regulatory capital metrics (CET1, Tier 1, total capital, leverage ratio, RWAs) and funding metrics (LCR, NSFR)
• A keen eye for detail and strong analytical skills have
• Possess clear and precise communication skills for interactions with senior-level clients

Desired qualifications

It is preferred that the candidate:

• has experience in bank treasury and capital management
• Has experience in auditing or consulting for financial institutions
• Has a strong academic background in finance, accounting, economics, or a related field
• has advanced financial modeling and Excel skills

Further requirements

It is also desirable that the candidate:

• Holds an accounting qualification (ACA, ACCA, or equivalent) or is in the process of obtaining one
• has an FCA qualification or relevant regulatory certification
• Direct experience working with banks at a credit rating agency
• Has a background in auditing or accounting with experience working with financial institutions

Skills and competencies

The candidate should:

• Have technical expertise in analyzing bank financial reports
• Have a strong understanding of regulatory frameworks and capital instruments
• Be able to interpret and critically evaluate rating methodology assumptions
• Structured thinking and quantitative rigor
• Demonstrate professional judgment and discretion when handling sensitive information
• Be a cooperative team player with strong personal integrity
• Feeling comfortable in international teams