Fitch Ratings reviews

Fitch is still bouncing back after the recent recession, with some groups within the company doing better than others. Relatively low compensation for position/title; work can become monotonous; managers can show favoritism; group communication can be very poor at times. Company is a place where one can become "comfortable" very easily, which can be good and bad. For some, Fitch can pay well and provide career development. For others (most), Fitch can pay "okay" or significantly lower than peers and sometimes provide a sense of stagnation. The experience at Fitch is what you make of it. More ambitious and driven workers would ultimately use experience at Fitch as a stepping stone to more challenging, higher-paying job positions later on in their careers.

-Completely outdated IT. IT staff, while they try hard, are completely overwhelmed. -More and more regulation. Fitch and other rating agencies are being strangled by regulation, which falls to analysts to implement. A large amount of your time is spent on various administrative hassles, with IT that more often than not doesn't work. -Work/life balance is bad for a rating agency (considering the low compensation) and getting worse. -Management has zero interest in your career development. No real review or feedback. Even if you receive a good review, be prepared for a below inflation raise. HR is invisible unless you're being hired or doing your exit interview. -No training on how to use the actual models; you learn by trial and error. New training program is irrelevant to most groups and is only window dressing for regulators. -Old Boys Network prevalent. I never witnessed disrespectful behavior, but if you aren't interested in talking sports/fantasy leagues, you will have nothing to discuss with management. Or there are the other managers, who sit in their offices with their doors closed all the time, and they never talk to anybody.