FIG Analyst, Bank Ratings & Capital Advisory (RAC)

Job description

The successful candidate will play a senior, client-facing role in the team’s continued expansion, supporting banks worldwide in their strategies regarding corporate credit rating agencies, balance sheet and capital management, and solutions to strengthen their credit profiles.

Focus of activities

This role involves direct contact with senior clients, including C-suite executives and treasury teams, and requires the ability to lead workstreams, manage junior team members, and contribute to new business development. This is a technically demanding role that requires a strong understanding of bank balance sheets, regulatory capital metrics, and rating agency methodologies.

Tasks

• Overseeing the execution of existing consulting engagements and assisting with new business development and pitch materials
• Advice on the methodologies of the major rating agencies, including rating sensitivities and notching implications
• Overseeing the analysis of bank balance sheets, including asset quality, profitability, capital, debt, and liquidity
• Leading capital and funding scenario analyses, including CET1, AT1, Tier 2, and MREL/TLAC impact
• Preparation and review of materials for senior clients, briefing notes, and analytical memoranda
• Monitoring regulatory and credit rating agency developments and translating them into actionable client advice
• Execution of privately placed corporate financing transactions (DCM) for FOG clients, with a particular focus on senior unsecured and regulatory capital instruments (Tier 2 and AT1)
• Serving as the key interface between clients, lead managers, and investors, delivering high-quality execution while managing transactions
• Building relationships with our clients' key stakeholders
• Building a brand profile and actively participating in new business development

Requirements

• Comprehensive understanding of bank balance sheets, P&L statements, asset risk, capital, financing, liquidity, and off-balance-sheet exposures
• Strong technical knowledge of regulatory capital metrics (CET1, Tier 1, total capital, debt-to-equity ratio, balance sheet exposures)

Qualifications and experience

• 6–9 years of relevant experience in one or more of the following areas:
  • Rating agency (bank ratings team), ideally with senior analytical responsibilities
  • FIG Investment Banking, Capital Advisory Services, or Regulatory Capital Advisory Services
  • Bank Treasury/Capital Management/ALM
• Direct experience covering banks at a rating agency or advising banks on their engagement with rating agencies
• Strong understanding of bank capital instruments, MREL/TLAC, AT1/Tier 2 issuances, and rating implications
• Experience in executing transactions involving these instruments
• Advanced financial modeling, Excel, and PowerPoint skills, with experience reviewing work done by junior staff

Further requirements