Model Developer Associate Director - Structured Finance
S&P Global
Application
Details
Posted: 10-Nov-23
Location: New York, New York
Type: Full Time
Salary: Open
Internal Number: 20429006
Model Developer Associate Director - Structured Finance
Grade/Level ( relevant for internal applicants only ): 12
The Location: New York, NY
The Team: Structured Finance (SF) team is responsible for a vast portfolio of criteria and models spanning ABS, RMBS, CMBS and Structured Credit (including CLO's). The criteria and models that the group develops and maintains help global analysts produce independent credit ratings covering Structured Finance securitizations. The team is focused on producing timely, insightful, and innovative analysis and research of the highest quality that grows our relevance in the market. As a Methodology SME, you will be embedded within the SF team and work closely with the Model and Criteria SMEs, who are responsible for developing, maintaining, and delivering a growing portfolio of cutting-edge quantitative tools, Models and analysis that enable analysts to continually produce high quality and transparent credit analysis. This is an excellent opportunity to join S&P Global as we transform our infrastructure and deliver cloud-based tools to the analytical teams, while also developing your skills and furthering your career as we power the markets of the future. The Impact: The candidate will enhance our ability to produce high-impact, insightful credit analysis and research and grow our relevance in an evolving market by synthesizing, analyzing, and deriving value from datasets, developing, and delivering innovative analytic solutions and tools, and helping to build data analytics capabilities across Methodologies.
What's in it for you?
Leverage your quantitative abilities to develop analytic solutions and tools that enable our credit analysts to perform high quality analysis and research;
Challenging and steep learning curve, which could lead to continued growth within the organization by demonstrating strong analysis, teamwork, and presentation skills;
Gain analytic knowledge of a wide range of global sectors and market topics;
Gain exposure to stakeholders across S&P Ratings; and
Enjoy a strong collegial, collaborative environment.
Responsibilities:
Develop and maintain nimble, user-friendly quantitative solutions and tools that will be used by credit analysts globally in credit rating analyses and research publications;
Work together with senior members of Methodologies and Ratings Technology to ensure that our models and tools are reliable, operational, performant, and meet business requirements;
Create applications and dashboards that utilize models, tools, and data for use across the organization;
Synthesize and analyze large datasets to derive analytic value and insights for credit rating analyses and research publications;
Focus on identifying areas for new, creative solutions and continuous improvement;
Provide insight to the team in solving complex, non-routine problems and tasks;
Maintain close interaction with analysts, model developers, and subject matter experts to ensure that data analyses and tools effectively inform analytical decisions;
Work collaboratively with senior model and criteria SMEs within the group;
Work closely with the Model and Criteria Validation group to ensure a high quality product;
Write clear, concise specifications and development documentation to ensure consistent and thorough documentation in accordance with policy and procedures; and
Support criteria projects and be an active member of projects including developing tools, testing of new concepts, data gathering, writing, and preparation of materials.
What We're Looking For: Basic Qualifications
Bachelor's or post-graduate degree in Finance, Financial Engineering, Statistics, Quantitative Finance, Computer Science, Mathematics, Economics or a related field;
3-5+ years work experience in relevant field;
Knowledge of capital markets (preferably Structured Finance), financial instruments with an emphasis on credit risk modeling are preferred;
Basic understanding of database modeling/design and applications. Knowledge of SQL and experience in databases such as Oracle, Sybase, or Access would be beneficial;
Proficiency in excel/VBA and programming languages: R/R Shiny (required), Python and C++;
Displays well-rounded communication skills that implement good listening techniques, and strong verbal skills with the ability to communicate across a wide range of groups and personalities internally and externally; and
Works well in a team environment, focusing on collaboration, and adapting to the needs of a diverse team.
Preferred Qualifications
Masters or advanced degree preferred;
Knowledge of financial or credit risk modelling preferred;
Proficiency in R language and the creation of shiny applications and dashboards; and
Persistent with a natural curiosity about credit markets and technical details.
Return to Work Have you taken time out for caring responsibilities and are now looking to return to work? As part of our Return to Work initiative (link to career site page when available), we are encouraging enthusiastic and talented returners to apply, and will actively support your return to the workplace.
Compensation/Benefits Information (US Applicants Only): S&P Global states that the anticipated base salary range for this position is $103,800 to $206,350 . Base salary ranges may vary by geographic location.
In addition to base compensation, this role is eligible for an annual incentive plan.
This role is eligible to receive additional S&P Global benefits. For more information on the benefits we provide to our employees, visit https://www.spgbenefitessentials.com/newhires .
About Company Statement : S&P Global delivers essential intelligence that powers decision making. We provide the world's leading organizations with the right data, connected technologies and expertise they need to move ahead. As part of our team, you'll help solve complex challenges that equip businesses, governments and individuals with the knowledge to adapt to a changing economic landscape.
S&P Global Ratings offers critical insights for credit, risk and sustainable finance solutions that are essential to translating complexity into clarity, so market participants can uncover opportunities.
Equal Opportunity Employer S&P Global is an equal opportunity employer and all qualified candidates will receive consideration for employment without regard to race/ethnicity, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, marital status, military veteran status, unemployment status, or any other status protected by law. Only electronic job submissions will be considered for employment.
If you need an accommodation during the application process due to a disability, please send an email to: EEO.Compliance@spglobal.com and your request will be forwarded to the appropriate person.
US Candidates Only: The EEO is the Law Poster http://www.dol.gov/ofccp/regs/compliance/posters/pdf/eeopost.pdf describes discrimination protections under federal law.
