Fitch Ratings Reviews

Updated March 27, 2015
138 reviews filtered by
  • Any Location
  • Any Job Title

Employee Reviews

Sort: Popular Rating Date
  1. Good place to work. Relaxed atmosphere and interesting work.

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

    I worked at Fitch Ratings

    Pros

    Nice culture. Interesting work. Good work, life balance. Free health club membership (or did in 2008) gives you an idea of the perks. People would go work out at lunchtime. Lots of on-going classes on various topics and development available throughout the year. Got more stressful during the crisis - busier and several rounds of layoffs were upsetting.

    Cons

    Depends on manager of course, but review process was disturbing. Lots of turnover as the company way too stingy on promotions. Many people left as they felt demoralized and/or wanted to earn more money at other financial firms that pay much more. But of course you work much harder at the companies that pay more so I am surprised many who jumped ship didn't factor that in. High turnover left the company wanting on experience in some groups.

    Advice to ManagementAdvice

    Well today is a different story with the way the job market is but I would strongly suggest management try to keep their talent and give the hard earn promotion. It is very costly for a company to lose so many talented employees and then have to go through the time and expense of hiring new people that need at least 6 months to get going. It isn't smart and probably hurts the quality of work in the group too. This happened repeatedly and was even an embarrassment to issuers who had need people rating them every year.

    Recommends
    No opinion of CEO
  2. Great for Work/Life balance.

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

    I have been working at Fitch Ratings

    Pros

    Fitch respects work/life balance, which can be unusual in the finance sector. The management hierarchy is flat (though recently there has been additional depth added) which can be refreshing.

    Cons

    Over the last several years, morale has fallen significantly because of the the high level of attention and criticism of the business model, yet no where near as much attention paid to the quality of research.

    Advice to ManagementAdvice

    Improve communication to employees! With so much going on in the industry and changes in the company there needs to be more discussion with progress and future with employees.

    Recommends
    No opinion of CEO
  3. Fitch Needs Work in Comparison to its Peers

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

    I worked at Fitch Ratings

    Pros

    Balance between work and personal life
    Good benefits and healthcare package
    Ability to travel and work in Europe

    Cons

    Clique atmosphere within senior management
    Limited opportunities for advancement

    Advice to ManagementAdvice

    Provide some real opportunities for advancement for promising employees

    Doesn't Recommend
    No opinion of CEO
  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review


  5. 1 person found this helpful

    Overall assessment

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Analyst
    Former Employee - Analyst

    I worked at Fitch Ratings

    Pros

    Understand and learn about the secondary market. Working for a bond rating agency is a great way to analyze how ratings on corporate debt trickle down to impact interest rates on commercial loans. Since the corporate name is globally renowned, this makes it easier for future job search even during a credit debacle.

    Cons

    People tend to be introverted. Many of the senior analysts are relatively old. These senior analysts once worked in industries that they currently analyze and went back for an MBA to develop their financial acumen. Since this requires years of work experience, not many people are in their late 20's or early 30's.

    Advice to ManagementAdvice

    None

    Doesn't Recommend
    No opinion of CEO
  6. Great place to start

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

    I worked at Fitch Ratings

    Pros

    Great camaraderie, people really care about getting it right and the work is generally fulfilling. If you perform well, you have the potential to be promoted quickly and given significant responsibility. The credit committee process is a great way to improve your presentation skills and get exposure to senior management.

    Cons

    Fitch pays a base that is in line with the market, but bonus's are not what you would see at an i-bank. Also, with the credit crisis, the rating agencies have have taken a hit in the eye of public opinion. Also, with greater regulation of the rating agencies, the job is likely to include more paper work than in the past.

    Advice to ManagementAdvice

    Be more aggressive at communicating the firms direction

    Recommends
    No opinion of CEO
  7. Great place to work

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

    I have been working at Fitch Ratings

    Pros

    Family oriented, friendly, and pleasant environment. Fitch is a good place to work for. The company offers lots of learning opportunities and supports training.

    Cons

    There are some downsides just like any other company. Difficult to get promoted from analyst to associate director levels. Salary could be a bit more competitve.

    Advice to ManagementAdvice

    Salary should be more competitve.

    Recommends
    Approves of CEO
  8. A high energy place to work,

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

    I have been working at Fitch Ratings

    Pros

    A great place to work with high energy. By far, the best ratings agency to work for. Entrepreneurial spirit and encouragement to try new things is a big part of the environment.

    Cons

    It is getting large and a little elss personal, but still good access to management.

    Advice to ManagementAdvice

    A litle more downward communication.

    Recommends
    Approves of CEO
  9. My Reviews

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

    I worked at Fitch Ratings

    Pros

    The free lunches are excellent and they have a great computer system. Also, the elevators work well in the building and the maintenance staff is pretty helpful. I like the way they send me a birthday card each year and the health benefits are pretty good. All of the other emps like to get together for drinks after work and have fun. While I worked there the companyw as growing and we had fun

    Cons

    There are not many downsides

    Advice to ManagementAdvice

    Try to be more friendly and good spirited

    Approves of CEO
  10. Good springboard for lower level analysts.

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

    I have been working at Fitch Ratings

    Pros

    At lower levels, great opportunity to learn and work with experienced people. Ok benefits and good time off.

    Cons

    Management style and quality of management differs greatly group to group. Bonus and pay not close to that of a bank.

    Advice to ManagementAdvice

    None.

    Recommends
    Approves of CEO
  11. 1 person found this helpful

    High Prestige and Visibility For a Short Tenure

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

    I worked at Fitch Ratings

    Pros

    Industry prestige, exposure to ananlysts in different industries, lots of corporate trave

    Cons

    Young and inexperienced managers, bogus criteria for promotions, culture of bullying and hostility

    Advice to ManagementAdvice

    Place more value on years of experience, more clarity on the overall corporation's performance

    Doesn't Recommend
    No opinion of CEO

Work at Fitch Ratings? Share Your Experiences

Fitch Ratings

 
Click to Rate
or

Your response will be removed from the review – this cannot be undone.