The Role The Associate Analyst will conduct comprehensive analysis on an assigned portfolio of ratings/credits. The AA will perform holistic evaluations of credit risk by integrating credit inputs prepared by others, including Financial Data Analysts (FDAs), RRS Associates and external parties. In conducting credit analysis for their assigned portfolios, transactions or credit reviews, AA1s will actively participate in rating committee discussions and interact with issuers and other market participants, in collaboration with Lead Analysts. The AA role is integral to Moody's focus on ratings accuracy, research and market outreach. The AA position will typically be assigned complex and high profile credits. The AA role will focus primarily on one Line of Business (LOB), with the potential for cross-training in other LOBs. Key Responsibilities Portfolio Management
Performs day-to-day credit analysis related to ratings, research, presentations, and investor outreach, on a portfolio of primarily complex and high profile credits. Examples of analytical work produced include: o Reviewing transaction documents and building knowledge of cash flow and loss allocation rules, and writing analytical commentary in accordance with Moody's methodologies. o , o Assisting with proprietary models, identifying trends in data, and applying analytical skills and judgment to form well-reasoned credit conclusions. o Work with a team of analysts on various analytical, statistical and data projects. Utilize SQL, VBA, Excel, or MATLAB to query and manipulate large data sets to conduct data analysis. o Monitoring portfolio unaided.
Develops strong working knowledge of Moody's methodologies and credit rating best practices, applying these with limited guidance.
Independently drafts rating committee memos, with limited input from Lead Analysts.
Demonstrates the ability to understand and identify key factors that affect issuer credit ratings. Escalates matters for discussion with Lead Analyst where appropriate, providing credit specific nuance and sound credit judgment.
Interprets and analyzes financial data and other credit inputs provided by others e.g.FDAs and RRS Associates.
Monitors credit quality and issuer and/or portfolio trends by following market developments, analyzing issuer reporting, and engaging with issuers directly for follow-up clarification and information.
Monitoring relevant news events within assigned portfolio.
Attends and actively participates in rating committee meetings, including offering insightful analysis and opinion where appropriate. Presents certain sections of rating committee memos in rating committees, articulating cogent and persuasive rating rationale.
Research & Investor Outreach
Proactively produces timely, substantive and well written draft research as applicable to the LOB, effectively communicating credit knowledge. Develops concept in to a finished product e.g. credit opinions, issuer and sector comments, press releases, pre sale and new issue reports etc.
Contributes to research strategy, including idea generation and preliminary drafting, adhering to Moody's research standards.
Attends investor briefings and issuer meetings as required; may help prepare presentation materials; arrives prepared to engage in discussions and may lead certain sections.
Builds positive relationships with issuers - displays initiative to understand the issuer's business and proactively responds to issuer enquiries. Supports Lead Analyst in ongoing interactions, including liasing with issuers and investors in the Lead Analyst's absence.
Performs analytical tasks related to portfolio reviews and other credit projects.
Demonstrates competency in using models, as applicable, and systems specific to the rating group, ensuring accurate sensitivity analysis. Identifies all issues with data for follow up with Lead Analyst.
Demonstrates thorough understanding and judgment in applying Moody's processes, documentation standards and best practices, adhering to all laws and policies.
Takes a leading role in special projects, contributing to strategic initiatives for RRS and MIS.
Coaching & Guidance
Provides clear, concise and constructive guidance in the delegation of work to Associates (if applicable), actively managing workload pipeline in order to provide sufficient time for completion. Seeks Associate Analyst Team Manager (AATM) guidance where needed to determine how to allocate work.
Provides initial review and quality assessment of work produced by more junior RRS staff. Provides feedback to AATM on quality and accuracy of work produced by Associates, along with providing constructive and proactive feedback to Associates and FDAs.
Participates in the interview process for campus/intern hires. Supports on-boarding of new team members.
Serves as senior resource and subject matter expert, including on MIS practices and analytical approaches.
Undergraduate degree required with minimum 3 years relevant work experience. Graduate/second level degree (Masters, MBA) preferred.
Proven credit experience (in related field) required. Progress towards completion of CFA preferred.
Proven expertise on credit modelling.
Proficient in accounting interpretation and understanding of more complex arrangements such as accounting for derivatives and financial instruments.
Solid verbal, written communication and interpersonal skills.
Advanced knowledge of MS Excel, Word and PowerPoint.
Ability to work effectively in a collaborative team environment.
Strong organizational skills and attention to detail.
Ability to adapt to a changing environment and prioritize tasks accordingly, independently balancing conflicting priorities.
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 email 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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Candidates for Moody's Corporation may be asked to disclose securities holdings pursuant to Moody's Policy for Securities Trading and the requirements of the position. Employment is contingent upon compliance with the Policy, including remediation of positions in those holdings as necessary.
Internal Number: 5500440
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