Employer: Moody’s Investors Service, Inc.
Title: Financial Engineer
Location: 7 World Trade Center, 250 Greenwich Street, New York, NY 10007
Duties: Verify and enhance the financial models underlying Moody’s credit policies and rating methodologies. Build complex cash flow models using Moody’s fixed income software for verification purpose. Implement model testing procedures and develop analytical projects to confirm the ability of financial models to assess credit risk. Build financial model prototypes, implement validation procedures, and assist with the implementation of new control processes for rating models and scorecards. Support in research and validation projects. Collaborate with rating analysts, model development team and research groups. Design and implement procedures to verify financial models, including building replicas in programming languages such as Python, Matlab and R. Convert detailed structured finance deal descriptions into programming scripts to model cash waterfall and calculate tranche ratings. Build automated tools in VBA, such as scorecard scenario simulator and exchangeable tranche script generator, to aid verification processes and reduce probabilities of human error. Review and verify models, scorecards, and structured finance deals against their specification documents, which outlines their technical details.
Requirements: Master’s degree or foreign equivalent in Finance, Financial Engineering, or a related quantitative field plus three (3) years of experience working within the financial industry. Must have experience with the following: performing financial and credit analysis; developing credit risk models and applying knowledge of financial quantitative methods and data analytics; applying knowledge of Probability, Statistics, Monte Carlo simulation, Regression analysis, and Time series models; and utilizing data and programming tools, including VBA, Machine Learning, Python, SQL, R, MATLAB, and Data Analysis.
To apply please submit resume through careers.moodys.com, via e-mail at [email protected], or by mail to: Moody’s Investors Service, Inc., Attn: HR Box 28, 7 World Trade Center, 250 Greenwich Street, New York, NY 10007. Please refer to Job Ref. 31464BR.
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 or based on a sincerely held religious belief in accordance with applicable laws. If you need to inquire about a reasonable accommodation, or need assistance with completing the application process, please email [email protected]. 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.
This position may be considered a promotional opportunity, pursuant to the Colorado Equal Pay for Equal Work Act.
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Moody’s is a developmental culture where we value candidates who are willing to grow. So, if you are excited about this opportunity but don’t meet every single requirement, please apply! You may be a perfect fit for this role or other open roles.
Moody's is a global integrated risk assessment firm that empowers organizations to make better decisions.
At Moody’s, we’re taking action. We’re hiring diverse talent and providing underrepresented groups with equitable opportunities in their careers. We’re educating, empowering and elevating our people, and creating a workplace where each person can be their true selves, reach their full potential and thrive on every level. Learn more about our DE&I initiatives, employee development programs and view our annual DE&I Report at moodys.com/diversity
For US-based roles only: the anticipated hiring base salary range for this position is $80,246 to $156,150, depending on factors such as experience, education, level, skills, and location. This range is based on a full-time position. In addition to base salary, this role is eligible for incentive compensation. Moody’s also offers a competitive benefits package, including not but limited to medical, dental, vision, parental leave, paid time off, a 401(k) plan with employee and company contribution opportunities, life, disability, and accident insurance, a discounted employee stock purchase plan, and tuition reimbursement.
Maternity leave coaching
On-ramping/Off-ramping parental leave
Backup child care
Child care subsidies
Unconscious bias training
Remote work policy
Short term disability
Moody's is a global integrated risk assessment firm that empowers organizations to make better decisions. Our data, analytical solutions and insights help decision-makers identify opportunities and manage the risks of doing business with others. We believe that greater transparency, more informed decisions, and fair access to information open the door to shared progress. With over 14,000 employees in more than 40 countries, Moody’s combines international presence with local expertise and over a century of experience in financial markets.