AVP Credit Analyst (RMBS)

Skills and Competencies

• Excellent verbal and written communication and presentation skills.
• Strong modelling skills and ability to perform cash flow analysis using analytical tools, or willingness and ability to develop these skills.
• Sound judgment and highest ethical standards.
• Capable of developing independent opinions and defending own views clearly and succinctly.
• Professional, pro-active, collaborative, responsive.
• Highly organized and efficient, with ability to multi-task and meet tight deadlines.
• Strong teamwork skills and works well with colleagues with different viewpoints.
• Ability to work on own initiative, without the need for close supervision.
• Knowledge of and work experience in RMBS is strongly preferred.

Education

• Preferred degree in economics, finance, statistics, applied mathematics, financial engineering or related quantitative field with five or more years of relevant work experience.

Responsibilities

The individual will be primarily responsible for performing analysis to assign ratings on U.S. RMBS structured finance transactions and producing publishable research. The candidate will be expected to lead rating committees and offer their analysis of the credit risk, including cash flow analysis of the transactions and conduct appropriate market dialogue around transaction credit analysis. The individual is also expected to undertake special projects intended to enhance Moody's thought leadership in credit markets and operational efficiencies, including digital enablement projects where data analytics and Generative Artificial Intelligence (GenAI) are applied to deliver innovative solutions.

• Act as lead analyst for new issuance U.S. RMBS transactions. Analyze transaction credit and cash flows and analyze transaction and legal documents to formulate rating recommendations and opinions.
• Communicate effectively with customers.
• Involvement in a variety of projects to improve our capabilities, both analytically and operationally.
• Represent the team in operational reviews, issuer and investor meetings, and industry events.
• Write publishable research, including transaction-related reports, articles and in-depth reports on credit issues affecting the industry.
• Assist the RMBS surveillance team where appropriate.
• Act as a mentor to less experienced analysts in the team and RRS.
• Basic understanding of artificial intelligence concepts, with curiosity and enthusiasm for learning how AI tools can be used to improve processes and drive efficiency. Interest in exploring AI systems and a willingness to develop awareness of responsible AI practices, including risk management and ethical use. 

About the team

Moody’s U.S. RMBS New Ratings Team in the structured finance department is responsible for assigning ratings on a wide variety of securitizations backed by residential mortgages and other similar products. The team also produces timely and high-quality research on developing trends and events in the mortgage market through sector and issuer comments and in-depth research reports, and also participates in industry conferences and investor/issuer meetings.