Director (Natural Resources) - Fitch Ratings

Hi folks,

I applied to Fitch for the Director role (corporate ratings). I had an interview with HR and second interview with 2 directors of corporate ratings, I got a rejection 4 days after my 2nd interview.

I have almost 9 years of experience across SAP consultancy, finance project management, FP&A and finance business partnership with CPA (Canada) / CGMA (UK) across Malaysia, United Arab Emirates and Canada.

I know I wasn't great in terms of my delivery in the interview and could have done much better but I researched well before the interview and could answer everything.

Any idea if it would have been my experience that got them disinterested? I can blame my delivery in the interview too but i am usually very critical of myself anyway. Any feedback appreciated :)

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Comments (7)

  • Associate 2 in PE - Other
Sep 30, 2021 - 3:23pm

Do you have any direct experience with credit analysis, in particular within the natural resources sector? Can you get a CIM and reserve report from an E&P and spit out a credit model and recommendation? 

Most Helpful
Sep 30, 2021 - 3:33pm

Hey boss,

thanks for the quick response bro, well no! I don't have any credit analysis experience directly.

only experience I mentioned was with SAP systems implementation I drafted the credit engine (tool we use in the company to setup credit limits for customers that calculated credit limits for customers based on their sales volume in a year, payment terms and outstanding days). Also, I mentioned about implementing credit limits for customers.

other than that my main job across has been in FP&A, audits, more towards performance management and business controllership I must say.

I have had experience in this only one company I have worked since graduation, in all those 4 roles, I mentioned above, and this company is in the construction sector so I told them how I was aware pf the energy and oil sector since my company serves customers in that sector.

i told them specifically why i am interested is due to my recent interest in stock markets and reading/following macroeconomic news, etc. (that's the truth thu, i really enjoy reading macroeconomic articles and analyzing companies and that's what I basically studied in my degree and CIMQ courses right).

But yeah no operational experience to what you asked above mate. Probably gives more perspective to my background?

And of course I applied to a director role cuz I don't want to start as an analyst or senior analyst, cuz no point otherwise!

Thanks again for your feedback guy, I realized this group os fantastic to get feedback!

Sep 30, 2021 - 4:09pm

I really like the sector and its not just CR Agency. I would love to go towards investment banking or equity/hedge funds, what could be a good way forward?

And one other question, this was a director role I had applied for. Do the directors as well do a lot of the credit analysis work that an analyst would do? I thought the role was more about directing people and the function instead of operationally doing all the stuff, maybe I am wrong!

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  • Analyst 3+ in ER
Sep 30, 2021 - 6:19pm

Agree with the colleague up there, it seems you might not have the modeling skills required and experience in the credit sector. To break-in as a Director you definitely need at least 6 or 7 years in the game to really know your stuff. Also, you really don't know the industry and natural resources is a quite particular sector to model (I'm currently modeling O&G).

If you would like to jump to IB, a top MBA program could land you an Associate Position. If you are more into Research, maybe pursuing a CFA. If going to CR, maybe a Senior Analyst position could work, but again, it would be difficult since you don't have specific Credit experience.

Sep 30, 2021 - 6:44pm

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