Credit Analyst - Global Infrastructure and Project Finance

Posted 22 September 2021
Salary€50000 - €70000 per annum
LocationMilan
Job type Permanent
DisciplineFinance & Accounting
ReferenceBBBH482427_1632329925

Job description

Kelly Financial Resources, for an International ratings agency, is looking for:

DIRECTOR - ANALYST Global Infrastructure and Project Finance


Our Client is seeking a Director- Credit analyst with project finance related experience. The position will involve analytical work on credits across all sectors and regions covered by the GIG group (Emea Countries).

The Global Infrastructure and Project Finance Group (GIG) is responsible for the credit ratings of companies and non-recourse project finance transactions mainly in the transportation, energy, and social infrastructure sectors. Globally, GIG consists of around 65 analysts with backgrounds particularly in project finance, structured finance, corporate finance and public finance.

The portfolio includes public and private ratings covering a variety of transaction types, including project finance, corporate finance and structured finance. The Issuers include owners of airports, toll roads, ports, rail infrastructure, power plants, oil and gas facilities, renewable assets or Public Private Partnerships. The team's output consists mainly of annual surveillance reviews, new ratings and sector research reports. The senior analysts present regularly to market participants at conferences and other events.

Key Activities & Responsibilities:

You will report to the EMEA Head of Transport Infrastructure. You will be one the few senior GIG representatives and you will supervise other junior GIG employees, some of them in direct report line. You will have lead analytical responsibility for new and existing rating transactions, mainly in the UK, primarily within the transport sector (e.g. toll roads, ports and airports), but could also include Alternative Investment Assets and Sports. In addition, you will be involved in the writing and publishing of research projects as well as leading outreach activities for the transport sector.

Specific responsibilities will include but may not be limited to the following:

  • Be the sector expert for EMEA on a couple of transport sub-sectors.
  • Undertake, as Primary and Secondary Analyst, credit ratings on new transactions.
  • Conduct regular reviews on a number of existing public and private ratings.
  • Closely follow developments surrounding rated transactions and the overall infra transport sectors, assessing the potential impact on the transaction and maintaining contact with related parties.
  • Present credits to internal rating committees.
  • Participate and contribute in rating committees for other rated transactions.
  • Prepare rating action as well as non-rating action commentaries and reports for publication.
  • Represent our client in external meetings and discuss GIG criteria, rating approach and sector trends with Bankers, Issuers and Investors.
  • Participate and contribute in internal discussions on sector-wide credit issues.
  • Lead in the preparation of special research reports.
  • Lead in internal project initiatives to enhance systems, modelling and criteria.
  • Lead in outreach activities, including conducting research and drafting presentations.

Qualifications And Experience

The ability to identify quickly the key risk factors in a transaction is an essential requirement. You will already have gained a solid experience over a number of years in analytical roles within a financial services firm, investment management or corporates within the transport infrastructure sector. Understanding and exposure to both project finance and corporate structures is a prerequisite. Experience in other infrastructure sectors would be an advantage but not a requirement. As a result, you will have negotiated transactions to close, developed excellent Excel and financial modelling skills to support your analysis, as well as gathered an understanding of capital structures and financial documentation. Word and PowerPoint skills are preferable but not a requisite.

You must possess demonstrable written and verbal communication skills coupled with the ability to formulate and deliver clear and concise opinions within robust analytical rationale as you will have interactions with ratings committees as well as issuers, bankers and other external parties. Additionally, you must be able to ask probing questions to companies and their advisers and keep fully up to date with sector trends in order to assess the impact on particular transactions. Fluency in English and Italian is a prerequisite. Additional language skills would be an advantage.

You must show flexibility, be fully autonomous and take responsibility of your job. Additionally, you must have initiative, propose solutions and ideas as well as be able to work with tight deadlines in a fast-paced and multicultural environment to achieve clear goals.

Location:

Milan

What we offer:

Permanent Contract

Kelly Services S.p.A., iscritta in data 26/11/2004 nell'Albo Informatico delle Agenzie per il Lavoro, Sez. I., prot. n. 1098-SG. I candidati ambosessi (L. 903/77) sono invitati a leggere sul sito www.kellyservices.it l'informativa sulla Privacy (Regolamento UE 2016/679).

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