Company Overview: Fitch Group is a global leader in financial information services with operations in more than 30 countries. Fitch Group is comprised of: Fitch Ratings, a global leader in credit ratings and research; Fitch Solutions, a leading provider of credit market data, analytical tools and risk services; and Fitch Learning, a preeminent training and professional development firm. With dual headquarters in London and New York, Fitch Group is owned by Hearst. Fitch Ratings is a leading provider of credit ratings, commentary and research. Dedicated to providing value beyond the rating through independent and prospective credit opinions, Fitch Ratings offers global perspectives shaped by strong local market experience and credit market expertise. The additional context, perspective and insights we provide help investors to make important credit judgments with confidence. As a global credit rating agency, Fitch Ratings gauges the ability of entities and instruments to meet their credit obligations. Investors and financial market participants rely on multiple sources, and the credit rating – indicating how an issue or transaction is likely to perform over time – is one of their key inputs. In this way, we help investors map potential credit risks. Fitch Solutions, a subsidiary of Fitch Ratings, provides a range of industry-leading products and professional development services to the global financial community. In addition to offering proprietary market-based content, we distribute the ratings, research and financial data of Fitch Ratings through a variety of flexible platforms. With innovation and experience behind every solution we bring to market, our offerings are designed to meet the diverse needs of the fixed-income markets. Fitch complies with all laws governing employment in each jurisdiction in which it operates, and provides equal opportunity to all applicants and employees. All applications will be considered without regard to race, colour, religion, gender, national origin, age, disability, marital or veteran status, sexual orientation, and other status protected by applicable laws. Department Overview: The Fitch Ratings Financial Institutions (FI) Group has actively built the agency into the global leader in bank credit rating coverage. The Group is also experiencing growing coverage of non-bank financial institutions (NBFIs), including asset managers, securities firms, leasing/factoring companies and captives. Our experienced analysts provide comprehensive, timely and transparent coverage of every major institution around the world, as well as unparalleled coverage of smaller companies. Our analysts offer a diversity of talent and backgrounds, with experience in regulatory oversight, investment banking, buy-side investing, accounting and more. The FI group's rating process utilises a set of rating scales that are unique to Fitch Ratings. The Viability Rating, which expresses Fitch Ratings' view of a bank's stand-alone financial profile, is combined with the Support Rating to arrive at the Issuer Default Rating, an anchor for its debt issue ratings. Fitch Ratings' Support Rating and Support Rating Floors provide important insight relative to the likelihood and nature of external support should the financial institution experience financial difficulties. Ratings guidelines are applied to long and short-term foreign currency ratings; long and short-term local currency ratings; and National ratings for emerging markets (non-comparable across borders). Quantitative aspects of a financial institution's strengths and weaknesses are reviewed, such as balance sheet integrity, profitability, cash flow generating ability and risk management. The analysts also evaluate qualitative factors of the institution, such as strategy and quality of management, the environment in which it operates, and the most likely future development of its business. Final rating determinations are made by committees comprised of lead analysts and seasoned independent committee members, including Fitch Ratings senior management. PT Fitch Ratings Indonesia was established in 2005 and Fitch is the only international rating agency with a local presence in Indonesia. Fitch covers around 50 financial institutions in Indonesia with ratings assigned and monitored on both international and national rating scales. Reporting to Financial Institution Ratings Team Head, Jakarta, this role will be responsible for bank ratings under the Indonesian team's coverage. Responsibilities: The Associate Director (AD) will support the development of Fitch’s franchise in the region by increasing the breadth and depth of bank credit research with a primary focus on Indonesia. They will develop in-depth knowledge of the Fitch-rated banks and general credit trends, producing high-quality research and ratings reports. Duties include: Analytical coverage of a number of Indonesian banks, including support of other analysts in a secondary capacity Maintain analytical relationships with these entities, including through regular meetings and communication of rating outcomes to senior management Present credit views and rating recommendations to committees composed of colleagues from other Fitch offices Actively participate in rating committees for entities in other markets and contribute to broader internal analytical discussions within Fitch, and challenge the opinions of others (including more senior colleagues) Support team head and mentor junior analysts/research associates Produce timely market commentary in support of analytical work Present views to and maintain relationships with market participants, including investors, bankers, regulators and media Adherence to Fitch’s internal policies and procedures Other ad hoc tasks as they arise Experience: A minimum of 5 years credit experience working in another credit rating agency, bank / investment bank, regulator, investment manager (or similar institution) or consultancy/accounting firm Qualifications & Skills: Fluent English and Bahasa Indonesia oral communication skills essential; demonstrably strong business English and Indonesian writing skills are required Ability to analyse financial institutions in depth for the purpose of assigning credit ratings Strong analytical and quantitative skills with attention to detail Resourcefulness in terms of managing challenges associated with data collection and analysis Ability to work well independently in an international environment yet contribute to team objectives, is essential Ability to communicate well with internal and external constituents (including investors, bankers, regulators and media) Willing to be forthright/outspoken in internal/external discussions and challenge opinions of others (including of more senior colleagues) Demonstrable inquisitive, broad-minded and forward-thinking analytical nature, with international perspectives in relation to credit matters Proficiency in use of Excel/Word/PowerPoint #LI-VC1
