Associate Lead Analyst 1 - New York - 17678BR

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 $4.4 billion in 2018, employs approximately 13,100 people worldwide and maintains a presence in 42 countries. Further information is available at www.moodys.com.
Moody’s Investors Service is among the world’s most respected and widely utilized sources for credit ratings and research. Our opinions and analysis on a broad range of credit obligors and obligations are valued around the world for their insight and rigor. At MIS, our workplace culture supports our mission to be the Agency of Choice for our customers, employees and future employees. Our Culture focuses on Excellence and embodies behavioral qualities such as Integrity, Responsiveness, Collaboration, Respect and Passion. Our people are our core asset and we look beyond outcomes to ensure that behaviors and interactions matter.

Department

The successful candidate will join our Surveillance Consumer Asset Backed Securities (RMBS) group in New York City. The group is responsible for monitoring ratings on a wide range of structured finance securitizations in the RMBS sector including Subprime, Alt-A/Option ARM, Jumbo and various Esoteric types such as Single Family Rentals, Manufactured Housing, FHA-VA, among others

Job Description

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 $4.4 billion in 2018, employs approximately 13,100 people worldwide and maintains a presence in 42 countries.

Moody’s Investors Service is among the world’s most respected and widely utilized sources for credit ratings and research. Our opinions and analysis on a broad range of credit obligors and obligations are valued around the world for their insight and rigor.

At MIS, our workplace culture supports our mission to be the Agency of Choice for our customers, employees and future employees. Our Culture focuses on Excellence and embodies behavioral qualities such as Integrity, Responsiveness, Collaboration, Respect and Passion. Our people are our core asset and we look beyond outcomes to ensure that behaviors and interactions matter.

Role and Responsibilities



The successful candidate will serve as the lead ratings analyst for transactions and will be responsible for developing in-depth knowledge of performance and credit data, deal structures, legal documents and cash flows in connection with the surveillance and rating of all RMBS types, re-securitizations and securitizations of other residential mortgage-related products, such as reverse mortgage. Key responsibilities will include quantitative and qualitative analysis of credit quality of RMBS, including an assessment of collateral, transaction structure, legal, operating, and regulatory risks. The candidate will also be responsible for monitoring industry conditions and trends, presenting transactions to rating committees, communicating his or her analysis during internal meetings, identifying and writing accurate and relevant credit research, participating in external outreach, and actively contributing to fostering a culture of excellence at Moody’s. The candidate will also be expected to complete various special research projects, develop in-depth knowledge of the RMBS sector and pursue thought leadership initiatives to enhance our analytics, outreach and research impact.

Key Responsibilities
  • Excellent verbal and written communication and presentation skills essential
  • Strong Excel skills are needed. Modeling skills and ability to perform cash flow analysis or other structured finance analytical tools
  • Strong analytical orientation
  • Working knowledge of legal matters involving structuring and operation of structured finance transactions
  • Sound judgment and highest ethical standards
  • Capable of developing independent opinions and defending own views
  • Professional, pro-active, flexible, diligent and dependable
  • Ability to adapt to changing market conditions and business environment
  • Highly organized and efficient, with ability to multi-task and meet tight deadlines
  • Ability to work on own initiative, without the need for close supervision

Qualifications

Experience/Qualifications
  • Bachelor’s degree in finance, economics, financial engineering or related quantitative field.
  • 3+ years of experience as a structured finance analyst or in related occupation involving credit analysis
Preferred Qualification
  • Experience in collateral analysis, credit risk and cash flow modeling for RMBS or other structured products such as Structured/ Corp Finance, is desirable
  • Rating agency related experience
  • Experience with programming (VBA/SQL) is a plus
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 accommodations@moodys.com.. 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.