JOB TITLE: AVP - Financial Engineer- CSS
ENTITY: Moody's Investors Service
LINE OF BUSINESS / DEPARTMENT: CSS
LOCATION: London
REPORTING TO: SVP/Manager
The Role / Responsibilities:
We are looking for a seasoned financial engineer to join our modelling team, which is responsible of all the models and scorecards used in the rating process.
This is a good opportunity to join a growing team where you will lead the development and maintenance of some of the rating agency's models and scorecards.
Key Responsibilities:
The successful candidate will join a growing Credit Policy team that works to improve the quality and consistency of credit analysis and publish rating performance research.
Working at Moody's
Our views matter. So will yours.
The views of each Moody's employee matter and, collectively, those views contribute to our ability to serve credit-sensitive markets worldwide. Diverse opinions are encouraged and leverage the depth and breadth of experiences that our employees bring to work each day. We expect Moody's employees to be accessible and collaborative and, in return, Moody's offers a work environment that promotes intellectual curiosity, analytical rigor and collegiality.
Our people and our environment uphold our core values of integrity, insight, intellectual leadership, inclusion and independence.
Moody's is an essential component of the global capital markets, providing credit ratings, research, tools and analysis that contribute to transparent and integrated financial markets. Moody's Corporation (NYSE:MCO) is the parent company of Moody's Investors Service, which provides credit ratings and research covering debt instruments and securities, and Moody's Analytics, which offers leading-edge software, advisory services and research for credit and economic analysis and financial risk management.
The Corporation, which reported revenue of $3 billion in 2013, employs approximately 8,400 people worldwide and maintains a presence in 31 countries. Further information is available at www.moodys.com
EEO Language
Moody's is an equal opportunity employer.
Securities Trading Policy (STP)
Candidates receiving an offer to join Moody's Investors Service or Moody's Shared Services shall be required to disclose their securities holdings and those of their family members as defined by Moody's Policy for Securities Trading. Such holdings will be reviewed by the hiring manager during the offer process to identify any potential conflicts of interest. Moody's Human Resources department shall inform the prospective employee of any potential conflicts and remediation actions required. Any formal offer of employment is contingent upon the Candidate's agreement to comply, in advance of employment, with remediation requirements identified by Moody's.
ENTITY: Moody's Investors Service
LINE OF BUSINESS / DEPARTMENT: CSS
LOCATION: London
REPORTING TO: SVP/Manager
The Role / Responsibilities:
We are looking for a seasoned financial engineer to join our modelling team, which is responsible of all the models and scorecards used in the rating process.
This is a good opportunity to join a growing team where you will lead the development and maintenance of some of the rating agency's models and scorecards.
Key Responsibilities:
- Develop in-depth knowledge of our Rating Agency models and scorecard
- Perform back-tests and develop analytical projects to confirm the ability of financial models to assess credit risk.
- Assisting with ad-hoc quantitative projects to update and improve the rating process (structured finance simulations, macroeconomic projects, etc.).
- Publish research and participate in professional training for the analytical staff
- Assist developers in the creation of models and scorecards
- Act as a key point of contact to provide guidance to rating teams to ensure consistency with rating models and scorecards when appropriate
- Build and maintain relationships with analytical staff and management
- Coach and develop other members of the team
- Lead or supervise projects to improve the quality of our models
- Strong academic background, MSc or PhD in relevant areas like Financial Engineering, Mathematical Finance, Mathematics, Statistics, Physics, Engineering, Computer Science, or a related field.
- Experience in financial modelling – either credit risk, credit derivatives or structured finance a strong plus. In particular, experience in statistical estimation methods.
- Understanding of model development including model design and implementation.
- Good development skills in two of the following technologies: C#/ C++, VBA, Matlab
- Good Excel knowledge
- Knowledge of SQL, C#.Net, VBA.Net is a plus.
- Exposure interacting with stakeholders, taking the initiative on complex issues and bringing tasks to resolutions within the desired time frame
- Understanding of fixed income; understating of structured finance is a plus.
- Strong quantitative aptitude
- Excellent communication skills, able to communicate clearly and succinctly
- Highly organised and efficient, with ability to multi-task and manage multiple projects at one time
- Fluency in English is essential
The successful candidate will join a growing Credit Policy team that works to improve the quality and consistency of credit analysis and publish rating performance research.
Working at Moody's
Our views matter. So will yours.
The views of each Moody's employee matter and, collectively, those views contribute to our ability to serve credit-sensitive markets worldwide. Diverse opinions are encouraged and leverage the depth and breadth of experiences that our employees bring to work each day. We expect Moody's employees to be accessible and collaborative and, in return, Moody's offers a work environment that promotes intellectual curiosity, analytical rigor and collegiality.
Our people and our environment uphold our core values of integrity, insight, intellectual leadership, inclusion and independence.
Moody's is an essential component of the global capital markets, providing credit ratings, research, tools and analysis that contribute to transparent and integrated financial markets. Moody's Corporation (NYSE:MCO) is the parent company of Moody's Investors Service, which provides credit ratings and research covering debt instruments and securities, and Moody's Analytics, which offers leading-edge software, advisory services and research for credit and economic analysis and financial risk management.
The Corporation, which reported revenue of $3 billion in 2013, employs approximately 8,400 people worldwide and maintains a presence in 31 countries. Further information is available at www.moodys.com
EEO Language
Moody's is an equal opportunity employer.
Securities Trading Policy (STP)
Candidates receiving an offer to join Moody's Investors Service or Moody's Shared Services shall be required to disclose their securities holdings and those of their family members as defined by Moody's Policy for Securities Trading. Such holdings will be reviewed by the hiring manager during the offer process to identify any potential conflicts of interest. Moody's Human Resources department shall inform the prospective employee of any potential conflicts and remediation actions required. Any formal offer of employment is contingent upon the Candidate's agreement to comply, in advance of employment, with remediation requirements identified by Moody's.