Responsibilities: Individual will be a lead analyst in the Residential Mortgage-Backed Securities Surveillance Team, charged with monitoring and rating existing securitization transactions backed by all RMBS types including Subprime, Alt-A/Option Arm, Jumbo and various Esoteric types including Single Family Rentals, Manufactured Housing, FHA-VA, among others. The lead analyst is responsible for developing in-depth knowledge of performance and credit data, deal structures, legal documents and cash flows in connection with the surveillance and rating of all RMBS types, re-securitizations and securitizations of other residential mortgage-related products, such as reverse mortgage loans. Responsibilities include: quantitative and qualitative analysis of credit quality of RMBS, including an assessment of collateral, transaction structure, legal, operating, and regulatory risks. Key responsibilities include monitoring deal performance, conducting credit analysis, performing data quality control, cash flow modeling, reviewing transaction documents, compiling committee packages, presenting rating recommendations, and communicating rating actions and performance review summaries to market participants in press releases and other publications. Strong interpersonal skills and the ability to work closely with support staff a necessity. Research and publication of credit-related articles for the benefit of investors and other capital market constituents is a key aspect of the position. Involvement and contribution to group automation and process enhancement projects and regulatory matters are also a responsibility.
Residential Mortgage-Backed Securities Surveillance Team
Qualifications: MBA or Master's degree in economics , Finance, Financial Engineering, Statistics, Math or related quantitative field and 2 to 3 years of experience in Structured Finance, preferably RMBS. Will consider bachelor's degree in similar fields with appropriate experience. Strong academic record (both graduate and undergraduate). Extensive experience with Excel is a must while programming skills will be an asset. Excellent verbal and written communication and interpersonal skills. Ability and willingness to learn, and an ability to manage multiple projects, work closely with others as well as independently to produce accurate, detailed work in a dynamic, fast-paced environment is a must.
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 $3.6 billion in 2016, employs approximately 10,700 people worldwide and maintains a presence in 36 countries. Further information is available at www.moodys.com.
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