We are looking for a seasoned financial engineer to join our modelling team, which is responsible for all the models and scorecards used in the rating process.
This is a good opportunity to join a growing team where you will be expected to participate in the development of credit rating models and scorecards and assist with documentation, oversight and maintenance of some of the rating agency's models and scorecards.
Develop in-depth knowledge of Moody's credit rating models and scorecards
Apply statistical methods to collect, organize, interpret and summarize data to support the development and implementation of fundamental credit rating scorecards
Use statistical and econometric techniques to study default and recovery drivers to support the selection and calibration of credit rating models and scorecards
Create and maintain credit rating models and scorecards
Work with managers to create documentation around credit rating models
Participate in professional training for analytical staff
Build relationships with analytical staff, management and key stakeholders such as the Methodology Development Group, the Methodology Review Group and the different Lines of Business.
Department / Team:
The successful candidate will join a growing Credit Strategy and Standards team that works to improve the quality and consistency of Methodologies, Credit Rating Models and Scorecards.
Strong academic background, PhD in relevant areas like Finance, Economics, Mathematics, Statistics or 2+ years of experience in credit rating models
Solid knowledge of statistics and economics; experience using econometrics techniques is a plus as well as accounting knowledge; experience developing scorecards would be valuable
Understanding of model development including model design and implementation
Good programing skills in languages such as: VBA, Matlab, R, Stata. The candidate must have a good understanding of excel
Ability to work effectively and contribute within a diverse team, managing own workflow and priorities to meet deadlines
Good oral and written communication skills, able to communicate clearly and succinctly
Highly organised and efficient, with ability to multi-task and manage multiple projects
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 $3.5 billion in 2015, employs approximately 10,400 people worldwide and maintains a presence in 36 countries. Further information is available atwww.moodys.com.
Moody's is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, sex, gender, age, religion, national origin, citizen status, marital status, physical or mental disability, military or veteran status, sexual orientation, gender identity, gender expression, genetic information, or any other characteristic protected by law. Moody's also provides reasonable accommodation to qualified individuals with disabilities in accordance with applicable laws. If you need to inquire about a reasonable accommodation, or need assistance with completing the application process, please firstname.lastname@example.org.. This contact information is for accommodation requests only, and cannot be used to inquire about the status of applications.
For San Francisco positions, qualified applicants with criminal histories will be considered for employment consistent with the requirements of the San Francisco Fair Chance Ordinance. For New York City positions, qualified applicants with criminal histories will be considered for employment consistent with the requirements of the New York City Fair Chance Act. For all other applicants, qualified applicants with criminal histories will be considered for employment consistent with the requirements of applicable law.
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MIS and MSS Candidates are asked to disclose securities holdings pursuant to Moody's Policy for Securities Trading. Employment is contingent upon compliance with the Policy, including remediation of positions in those holdings as necessary.