Associate Director, Software Development - Model Development - New York

As one of the world’s top three credit ratings agencies, Fitch Ratings plays a critical role in global capital markets by providing 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.

Explore a career at Fitch Ratings and you’ll join a collaborative network of curious minds. Here, our differences are our strengths - in life as well as our work. Together we work with integrity and objectivity to provide clarity to the world’s financial markets. We pride ourselves on our ability to harness the ideas, expertise, and professionalism of our global workforce, which is integral to our continued success. The accessibility and depth of experience of our industry leading analysts, combined with our broad sector credentials, allow us to help market participants make important credit decisions with confidence.

Fitch Ratings is currently seeking a Software Developer – Associate Director based out of our New York office.

About the Team

The Model Development Team (MDT) is responsible for building models to facilitate credit rating analysis across Fitch Ratings. It is part of the Analytical Group at Fitch Ratings and has thirty talented modelling specialists located in the UK, US and China. We work very closely with the ratings team to design and develop models applying the relevant rating methodologies rigorously, accurately and efficiently. The team has a strong collaborative and inclusive culture and is very collegial and supportive of its members’ professional development. The team has also been very innovative in designing and developing next generation models and infrastructures.

How You’ll Make an Impact:

• Design, implement or enhance model infrastructure
• Conduct comprehensive testing and prepare documentation
• Opportunity to get involved in developing selective rating models.
• Gain valuable experience in exploring emerging technologies
• Understand credit ratings process and model governance framework.

You May be a Good Fit if:

• Bachelor’s Degree or higher in Computer Science or any Engineering discipline
• Solid knowledge in Python or any other object-oriented programming language (e.g., JAVA, C++, C#)
• Excellent working experience in developing highly scalable, reliable and functional back-end systems
• Excellent quantitative aptitude & problem-solving skills
• Strong team player & great work ethic
• Strong communication skills
• Self-motivated with ability to manage timelines across multiple projects
• Experience with AWS Managed Cloud

What Would Make You Stand Out:

• Experience with front-end development using frameworks like React

Why Choose Fitch:

• Hybrid Work Environment: 3 days a week in office required based on your line of business and location
• 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 interests 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.

FOR NEW YORK AND CHICAGO ROLES ONLY: Expected base pay rates for the role will be between $110,000 and $130,000. Actual salaries will be determined on an individualized basis and may vary based on factors including but not limited to education, training, experience, past performance, and other job-related factors. Base pay is one part of Fitch’s total compensation package, which, depending on the position, may also include commission earnings, discretionary bonuses, long-term incentives, and other benefits sponsored by Fitch.

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