Fitch Returner Programme

For more than 100 years, Fitch has been a leading independent provider of essential financial information and services to the global financial markets. 

Fitch Group Brings Women Back to Work with CreditPath

For more than 100 years, Fitch has been a leading independent provider of essential financial information and services to the global financial markets. As we enter a new era of market complexity and fast-paced innovation, hiring and retaining the best talent is critical to our continued success. The CreditPath Program is one of the programs we have launched to help us achieve this objective.

CreditPath is a 10-week, full-time paid internship for financial services professionals who are ready to re-enter the workforce after taking an extended break from their careers. We understand that transition can be both exciting and daunting; Fitch will provide a highly supportive environment with the tools and resources to smoothly transition back to the workplace.

From your first day, you will begin an immersive three-week learning program that covers credit analysis, professional skills and other relevant topics. In the next phase of the program, you will be placed in a role with defined responsibilities that will allow you to make an impactful contribution to your team while building on your skills and previous work experience.

CreditPath launched in the fall of 2017 in New York, and given its success, the program will be expanded this year to include our Chicago and London offices and our Solutions Business. At the conclusion of the program, there is the potential to be offered a permanent role within the organization. In our 2018 cohort, we hired 80% of our participants into full time roles.

We are looking for professionals with:

  • For a Ratings placement: experience in credit, ratings, and/or financial analysis
  • For a Solutions placement: demonstrable strategic thinking capabilities and experience in either product management/development; information/data sales; or macro research
  • 4+ years of work experience prior to career break
  • 3+ years career break
  • Strong desire and ability to return to the workforce
  • Strong written and verbal communication skills with an ability to convey complex ideas and solutions concisely and persuasively
  • A collaborative mind-set and ability to operate within both departmental and company-wide initiatives both on an individual basis and as part of a team
  • A track record of project execution or sales delivery

The 2019 Program will be from September 23 through November 29, 2019. If you are interested, we encourage you to apply early, as space is limited. Candidates will be evaluated on a rolling basis until all spots are filled.

London application link

 

What makes this company such a great place for women in finance?

Despite recent progress toward more inclusive workplaces, some industries — like financial services — still have a way to go before they can be considered female friendly. Despite investing in D&I initiatives, many financial services firms struggle to move beyond the stereotype of cutthroat, “old boys” network environments. Improving female representation and gender balance by the numbers is essential, and so is fostering a culture of inclusivity where all talent can thrive.

ThankfullyFitch Ratings is a finance company that’s determined to buck the industry’s status quo. By focusing on the development and retention of women in its ranks, Fitch is leading by example to advance gender equality — and women who work there are definitely taking note.

By the very nature of its ratings workflow, Fitch is a collaborative culture where everyone has the opportunity to contribute meaningfully to the organization. Ratings are determined by committee — never an individual — and everyone’s vote, regardless of seniority or expertise, counts exactly the same. Process even dictates that the most junior committee member has the opportunity to ask questions and share opinions first, to ensure that everyone has a voice and a platform to exercise it.

Ensuring everyone reaches their full potential is also a priority for Fitch, and learning and development is embedded in their culture. Formal training programs like Fitch Credit Academy and Fitch Management Academy are two great examples of robust development opportunities the company offers its employees, not to mention informal learning opportunities through mentoring. Fitch even offers training for its mentors to ensure that they are well equipped to develop talent effectively.

Another recent initiative, CreditPath, is a high touch, 10-week paid internship to support women returning to the workforce. Fitch welcomed its inaugural cohort in 2017 to great success, and has expanded the program to Chicago and London in addition to NY.  Applications are currently being accepted.  

CreditPath is just one of the ways Fitch has made its commitment to promoting women, at all stages of their careers, a priority. It’s no surprise, then, that Fairygodboss users are calling it “the most pleasant place” they’ve ever worked. After experiencing the more standard stressors of the typical, uncompromising finance workplace, wouldn’t you?

As part of their commitment to increasing diversity, Fitch has also enlisted Fairygodboss to help them attract great female talent. The company is determined to add more women throughout its ranks.

If you work in finance and are looking for challenging, dynamic work, with lots of opportunity and a culture that respects women and work-life balance, look no further.

Case Study:

CARMEN FRASER
FUND & ASSET MANAGER RATINGS

Fitch study Carmen Fraser

My CreditPath experience:

It was fantastic and that’s due to the structure of the program, the support we received, and how genuinely nice everyone is!

How incoming CreditPath participants can prepare for their journey:

Be ready to completely immerse yourself in it. It’s a very intensive program but it has so much to offer. If you can really embrace it in its totality you’ll get so much out of it. Learn as much as you can and make use of what you’ve learnt, take initiative, and ask questions. Don’t be shy because everyone is really approachable.

Advice for women returning to work from a break:

You have to plan and anticipate the challenges ahead of you, be it organizing childcare or planning for your commute. Be aware of possible challenges that come with being away from home, come up with a plan B and possible solutions and then you’ll be well on your way!

 

SHAILA LEEKHA
SUSTAINABLE FINANCE

Fitch Case study Shaila Leekha
My CreditPath experience:

CreditPath gave me a great opportunity to understand a broad range of Fitch’s operations, meet a variety of individuals across the organization, and get a good sense of Fitch’s culture. I enjoyed learning about Fitch’s big-picture strategy and how it fits into Hearst’s portfolio, as well as a detailed insight into its credit analysis process. Learning about the different parts of the business was not only interesting but also helpful to my transition into a permanent role. I also enjoyed getting to know everyone I met on the program.

Deciding whether to take a break:

I think you have to go with what feels right for you at the time. For me, spending three years with my young kids after the birth of my third child was priceless. I enjoyed it immensely and believed that the right opportunity would come up when I was ready. I was pleased when the CreditPath role worked out, not just as a return to work program but now as a permanent position.

Advice for women returning to work from a break:

Taking time off is a great opportunity to reflect and reassess your goals as well as your personal brand.  It’s also a great time to take a risk and try something you may not have otherwise pursued.

 

CLARISSE PLISSONNEAU
CORPORATE RATINGS – EMEA

fitch case study clarisse
My CreditPath experience:

The program is a safe environment for coming back to work and the training helped eliminate my initial fear of jumping into a new role after being away for so long.

Challenges faced after returning to work from an extended break:

The biggest challenge has been organizing childcare while I’m at work. Being with my children had been my primary role so I had to plan for an effective transition away from them. I prepared the children emotionally and let them know that I am still mummy and that although I’m spending majority of my day at work, I will be home at the end of the day to put them to bed.

Advice for women returning to work from a break: 

What I found most valuable were discussions with people who have had the experience; they will serve as a good support system. It’s not always easy to be noticed after taking a long break so definitely take advantage of any recruitment programs available