Fitch Ratings Reviews | Glassdoor

Fitch Ratings Reviews

Updated October 9, 2018
348 reviews

Filter

Filter

Full-timePart-time

3.4
StarStarStarStarStar
Rating TrendsRating Trends
Recommend to a friend
Approve of CEO
Fitch Ratings President and CEO Paul Taylor
Paul Taylor
119 Ratings

348 Employee Reviews

Sort: PopularRatingDate

Pros
Cons
  • "Work/ life balance used to be excellent" (in 15 reviews)

  • "Do not pay much, career advancing is limited because senior management does not leave" (in 20 reviews)

More Pros and Cons

  1. Featured Review

    "Great work life balance"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Analyst in New York, NY
    Current Employee - Analyst in New York, NY
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Fitch Ratings full-time (More than 3 years)

    Pros

    Work life balance is some of the best in the business. As a credit rating agency, Fitch is often the most conservative compared to its competitors (Moody's, S&P). Because of this, investors value Fitch's work quality above the others

    Cons

    Salary is average to slightly below average for the industry at the analyst level.

    Advice to Management

    Invest in more process improvements and technology improvements


  2. "Associate Analyst"

    StarStarStarStarStar
    • Work/Life Balance
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Fitch Ratings full-time

    Pros

    Good work life balance. Good pay. Great culture. Very welcoming and encouraging co-workers.

    Cons

    Commute time if you live farther away from the city center

  3. "Great place to start"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Associate Analyst in Chicago, IL
    Current Employee - Associate Analyst in Chicago, IL
    Recommends
    Positive Outlook
    No opinion of CEO

    I have been working at Fitch Ratings (More than a year)

    Pros

    Great training and hands on experience with real quantitative and qualitative analysis

    Cons

    Fitch pays far below market averages, makes people move around a lot.

    Advice to Management

    If you want to keep your employees that you invest so much in then pay us at least market rates.


  4. Helpful (4)

    "Consider Looking Elsewhere Before Accepting Role At Fitch"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Analyst in Chicago, IL
    Current Employee - Analyst in Chicago, IL
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I have been working at Fitch Ratings full-time (More than a year)

    Pros

    -Good place to start your career.
    -Work life balance is good for a job in finance.

    Cons

    - Culture is terrible. No other way to phrase it. People are either standoffish, shy, or isolated in their teams with minimal interaction with others outside of their group.
    -Facilities are lacking, the open office concept is distracting, and ultimately management does not invest in quality office amenities.
    -Little room for promotion/ path to promotion is unclear.

    Overall, the work place is very bizarre and you can often find your self feeling no attachment to the company or your coworkers. Many Analysts leave after a year or two for a better opportunity career wise.


  5. Helpful (4)

    "Non- analytical"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in New York, NY
    Current Employee - Anonymous Employee in New York, NY
    Neutral Outlook
    No opinion of CEO

    Pros

    35 hour weeks, good work-life balance, Smart & stimulating co-workers- none of the obnoxious banker/sales type - much more thoughtful

    Cons

    Very hierarchical- even with the support staff, so there is a class system. Jr Analysts working surveillance are often thrown in the deep end & Fitch is lucky that their employees are so smart ,conscientious& have such high integrity. Non analytical staff is expected to be in the office even during a weather advisory or will have to use a PTO day. The lower the title, the less the vacation - there is a significant discrepancy. You also do not have the option of working remotely.on most of the perks- Also pay scale is under market, but the trade off is you can leave at 5pm and have dinner with your family

    Advice to Management

    Comically poor organization of onboarding is not going to improve with the tiny clique that created and failed to change the process over the past decade - but I am sure there will be a very long time consuming meeting when it launches. the company excels at window dressing initiatives that make an upper tier of mgmt who do 10% of the work look busy- kind of reminds me of the MTA !


  6. Helpful (1)

    "Structured Finance Associate Director"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Chicago, IL
    Current Employee - Anonymous Employee in Chicago, IL
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Fitch Ratings full-time (More than 3 years)

    Pros

    Stable, calm working environment, support for graduate studies

    Cons

    Salaries does not increase as fast as in other companies in the financial industry


  7. Helpful (1)

    "Editor"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    I have been working at Fitch Ratings full-time

    Pros

    Flexible home/office working. Collegial atmosphere -- no hard-charging Wall Street personalities in these halls.

    Cons

    As with publishing everywhere, editors here are gradually being made redundant. Frog in boiling water type thing. Little by little, you do less and less, until one day, poof...

    Advice to Management

    Don't infantilize your employees.

  8. Helpful (2)

    "Senior Director"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Director in New York, NY
    Current Employee - Senior Director in New York, NY
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Great culture and people. Collaborative environment. Proud to work for a company with such a great reputation.

    Cons

    Salaries could be more competitive. Not enough women in senior management.

    Advice to Management

    Improve diversity


  9. Helpful (1)

    "Internship Review"

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

    Pros

    Great opportunity to learn. Interns complete credit projects and a full presentation.

    Internship is on rotation so get exposure to multiple industries.

    Cons

    Company is smaller than Moody’s or S&P.


  10. Helpful (3)

    "Very strong market position; limited upside to employees"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend
    Positive Outlook
    Approves of CEO

    I worked at Fitch Ratings full-time

    Pros

    This company has benefited from the economy continuing to steam along, record levels of issuance, and mis-steps from it's competitors. No question that money is being printed, but those who benefit most are the owners and equity holders. Work-life balance is reasonable but nothing exceptional based on what is offered in the market these days.

    Cons

    Below market pay and in select groups, very-top heavy employee structure that leaves little opportunity for strong performers to progress in their careers. The company spares no expense when investing in compliance and regulatory controls but the payroll is viewed with a cautious and frugal eye.

    Advice to Management

    Differentiate achievers and under-achievers more as a strategy to recognize performance, or flight-risk from top talent will be a growing issue.


Showing 348 of 390 reviews
Reset Filters