Fitch Ratings reviews

4.0

81% would recommend to a friend

(1,011 total reviews)
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Paul Taylor | Ian Linnell

84% approve of CEO

68% positive business outlook

Fitch Ratings has an employee rating of 4.0 out of 5 stars, based on 1,011 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Fitch Ratings employee rating is in line with the average (within 1 standard deviation) for employers within the Administración y consultoría industry (3.7 stars).

Reviews by job title

1K reviews
4.0
Jan 26, 2017
Recommend
CEO approval
Business Outlook

Pros

Great exposure with top level management meetings at issuers. Steep learning curve and early entrusted responsibilities can make it challenging at the start but also affords good learning opportunities and opportunities to develop. Relaxed working environment with very flat org structure allows for good interaction with managers. Culture is very supportive and everyone is happy to help answer questions (asking questions is key as training is somewhat insufficiently tailored to the day-to-day workflow). Committees have very flat structures which allows great opportunities for analysts at all levels to voice their opinions and contribute at an early stage. This is often encouraged. Great access to a wide range of analysis and research on Fitch's wide-ranging coverage. Rating cycles allow for ease of planning the work-year and good amount of predictability of when workflow will be intense.

Cons

IT systems feel antiquated and are a constant source of annoyance to the daily workflow. Compensation lags the market and disadvantages staff who stay within the firm over the years, compared to staff who move out of Fitch and return, or transfer in from outside Fitch.

2.0
Jul 25, 2016
Recommend
CEO approval
Business Outlook

Pros

- Decent pay (to get you through the door) - Good location & office - Some nice people work there - Actual scope/pipeline for projects quite good

Cons

- Very, very hierarchical structure in place (maybe not applicable to all parts of the business though), and lines of communication quite restrictive in that it felt like consultation with stakeholders had to be done via managers for the sake of politics. - Major lack of training and networking on the non-credit analyst side, and no encouragement to do personal development either...until it comes to review time where it can then either (a) go into next years objectives because you were lacking this year, or (b) failed to do it this year as was stated in your previous objectives - basically both angles nit picking when it suits... - Review process quite poor, inconsistent and not regulated well enough. Found that reviews ended up being quite hyper critical about things that were quite minor, yet the flipside to that would be praise would be generalised. This systematically happened to the point where you would note tiny negatives yourself throughout the year and know "OK, that's gonna be a 10 minute discussion in my review then!" Scoring systems were odd too, and also too heavily reliant on personal connection between manager-employee. Some people would get back-to-back promotions which seemed odd - see 'advice to management' section for my recommendation on this point, as the current system is quite frankly, a joke. Though if you're reading this and thinking of joining Fitch, a word of advice: suck up, you'll progress quicker. Quite old school when it comes to IT, still using desktops and therefore working from home being arduous if you ever want to do that - needing to send a request to IT to borrow a laptop. The culture seemed to dislike working from home too, and office presence and being seen to work late also being quite prevalent (e.g. there'd always be a bit of hesitation in leaving at 4:30 even if you'd been in since 7am).

3.0
May 27, 2016

Not really challenging

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Relatively low levels of stress re timing and work load (aside from peak season or looming deadline of course), most people were pleasant

Cons

People were mostly okay to deal with, but environment didn't encourage a lot of team work. Many have only worked at Fitch and lack background from financial side

Viewing 76 - 78 of 1,011 Reviews

Glassdoor has 1,219 Fitch Ratings reviews submitted anonymously by Fitch Ratings employees. Read employee reviews and ratings on Glassdoor to decide if Fitch Ratings is right for you.