Fitch Ratings

  www.fitchratings.com
  www.fitchratings.com

Fitch Ratings Reviews

Updated December 19, 2014
Updated December 19, 2014
129 Reviews
3.1
129 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
Fitch Ratings President & CEO Paul Taylor
Paul Taylor
28 Ratings

Review Highlights

Pros
  • good work life balance; reasonable hours; global offices may even be better (in 51 reviews)

  • Great work life balance, nice pleasant work environment and co workers (in 11 reviews)


Cons
  • Senior management does not effectively communicate strategic goals of the company (in 16 reviews)

  • some departments are not flexiblewith work-life balance (in 5 reviews)

More Highlights

Employee Reviews

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  1.  

    Fitch Analyst

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Analyst in New York, NY
    Current Employee - Analyst in New York, NY

    I have been working at Fitch Ratings full-time (more than an year)

    Pros

    A great place to start a career, exposes you to a number of different products and helps build your analytical skills. The people are quite pleasant, shyish, reserved, and sheepish, but over all laughable and good companions. A large amount of responsibility is placed upon you and a lot is expected. The work life balance is great.

    Cons

    They are heavily regulated. The regulations create headaches when you are trying to complete anything. Most of the regulations are arbitrary and meaningless to, so it is frustrating trying to wrap your head around who came up with these rules. The regulatory burden makes the job the most difficult, without it it would be a very peaceful enjoyable place.

    Advice to ManagementAdvice

    Stick it to the regulators, let them know who is boss and what is unreasonable.

    Recommends
    Positive Outlook
  2. 1 person found this helpful  

    Extremely poor management

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Finance
    Current Employee - Finance

    I have been working at Fitch Ratings full-time (more than 8 years)

    Pros

    Really nice people in general. The work life balance here is great depending on the department you are in.

    Cons

    The pay here is horrible when compared to their direct competitors. There is no pay grade so it's very likely that two people who started at the same time with the same qualifications are paid disproportionately,

    The management team lacks training and is very unprofessional especially on the finance team. They speak about all their employees behind their backs and out loud in an open setting which leads to lots of office gossip.

    Advice to ManagementAdvice

    Pay your employees better and invest in proper training for management. The gossip and blatant imbalance in pay causes many people to lose all faith in the company.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  3.  

    Senior Director

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Senior Director in Chicago, IL
    Current Employee - Senior Director in Chicago, IL

    I have been working at Fitch Ratings full-time (more than 8 years)

    Pros

    Exposure across several industries, asset classes and criteria.

    Cons

    Regulatory environment and internal compliance and policies

    Recommends
    Positive Outlook
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  5.  

    Good company.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Senior Director in New York, NY
    Former Employee - Senior Director in New York, NY

    I worked at Fitch Ratings full-time (more than 10 years)

    Pros

    They have good benefits. They try to promote people in the analytic field and they are very philanthropic. They also look to promote from within. The people are very nice

    Cons

    They are somewhat bureaucratic. If you are not an analyst promotions are very difficult and their pay scale is below industry standards. They are not very diversified in the racial mix

    Recommends
    Positive Outlook
    No opinion of CEO
  6. 2 people found this helpful  

    Cliques prevail

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Fitch Ratings

    Pros

    good work life balance
    great benefits

    Cons

    Too many bullies who will lie about others to make themselves look good
    You need to be in the right clique to succeed

    Advice to ManagementAdvice

    Manage you analyst

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  7.  

    good life style

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Senior Director in New York, NY
    Current Employee - Senior Director in New York, NY

    I have been working at Fitch Ratings full-time (more than 5 years)

    Pros

    good work-life balance; flat organization; cross-training

    Cons

    Not meritocratic enough; too conservative

    Advice to ManagementAdvice

    do more to retain key talents

    Recommends
    Positive Outlook
    Approves of CEO
  8. 1 person found this helpful  

    No growth or real opportunities. No cohesion or sense of camaraderie.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Fitch Ratings full-time (more than an year)

    Pros

    Easy 9-5 job. Flexibility. Good amount of paid days off.

    Cons

    Poor office culture with no real sense of team. If you like working alone and not talking all day, Fitch is for you. Absolutely no collaboration. The work is mundane and repetitive. Narrow range of experiences and opportunities. If you're looking to grow your career and leverage/lateral your way elsewhere, do not come to Fitch. There is no real training platform - of course there are online videos, but those can only get you so far. The rest is thrown at you while on the job. You spend half the day not doing any real analysis and more administrative/regulatory tasks.

    It takes forever to get promoted. Analyst's at other financial firms make more than associate directors (takes an analyst at Fitch 3-5 years to get promoted to AD).

    Finally, the pay is very low compared to industry average.

    Advice to ManagementAdvice

    Poor compensation coupled with a stringent/be a corporate drone culture is very 1980's. It's time to progress with the rest of the world.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  9.  

    Good Firm

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous in New York, NY
    Former Employee - Anonymous in New York, NY

    I worked at Fitch Ratings full-time (more than 3 years)

    Pros

    Learning and mobility opportunities abound within the Fitch universe, generally congenial management and working environment. Depending on the sector you follow, your work life balance may be affected. However generally you are afforded flexibility as required.

    Cons

    For experienced professionals coming from other sides of the industry, compensation can be an issue, but evaluating the true cost of the flexibility offered may be surprising.

    Recommends
    Positive Outlook
    Approves of CEO
  10.  

    Great Internship, a lot of work with MS Excel

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Summer Associate in Chicago, IL
    Former Employee - Summer Associate in Chicago, IL

    I worked at Fitch Ratings as an intern (less than an year)

    Pros

    Fitch was filled with great and smart people. The offices were nice (free coffee, soda) and include access to a gym. The work was challenging and I learned a tremendous amount about using MS Excel and analysis. There were two field trips (CBOE, Chicago Fed) and presentations by each department about what they do.

    Cons

    Work sometimes became tedious. Seemed like people could become too content at this job.

    Recommends
    No opinion of CEO
  11. 1 person found this helpful  

    It's a club for white males

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Managing Director in New York, NY
    Former Employee - Managing Director in New York, NY

    I worked at Fitch Ratings full-time (more than 10 years)

    Pros

    Satisfying mission, good work-life balance, great opportunities for junior people to learn. It is hard to get fired from Fitch.

    Cons

    Don't benefit from a diverse dialogue, political and clique-y, opportunities for growth and development are stifled. The executive management team is white males in their forties and fifties. Strong women have left the firm because they are not valued.

    Advice to ManagementAdvice

    Need to hire managers who manage, rather than lead business units

    Doesn't Recommend
    Positive Outlook

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