AVP – Financial Engineer - Vilnius - 18065BR

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

Analytical Tools & Solution

Job Description

We are looking for a financial engineer to join our modelling team, which is responsible of all the models and scorecards used in the rating process.
The successful candidate will have a demonstrable track record of interacting directly with stakeholders, taking the initiative on complex issues, bringing tasks to a resolution quickly and mentoring other more junior members of the team.
This is an excellent opportunity to work directly with thought leaders in credit risk and gain global exposure to a variety of asset classes with a strong focus on structured finance.
This role will suit a highly motivated problem solver with excellent communication skills and a proven ability to use their own initiative and work without close supervision.

Key Responsibilities:
  • Develop in-depth knowledge of our Rating Agency models and scorecard
  • Lead and assist with quantitative projects to develop, maintain and improve credit rating models and scorecards (structured finance collateral and fundamental models)
  • Create technical documentation around credit rating models. Act as a key point of contact to rating teams and the methodology framework and review groups to ensure consistency of rating models and scorecards across sectors, provide technical support and guidance as appropriate
  • Present to the relevant forum the details of the proposed modelling framework
  • Build and maintain relationships with analytical staff and management
  • Coach and develop other members of the team
  • Lead or supervise projects to improve the quality of, and governance around, our models
  • Research econometric, statistical and mathematical techniques to evaluate performance of credit rating models and scorecards
  • Publish research and participate in professional training for analytical staff

Qualifications

  • Strong academic background, MSc or PhD in relevant areas like Statistics, Econometrics, Financial Engineering, Mathematical Finance or Mathematics, Physics, Engineering.
  • Understanding of model development including model design and implementation.
  • Good development skills in C#. Experience using C++, VBA or Matlab a plus.
  • Good Excel knowledge
  • Experience in credit models and analysing data. A good understanding of econometrics and applied statistics is a strong plus.
  • Experience managing the interaction with key stakeholders, communicating complex model issues to senior management and approval groups
  • Very strong understanding of fixed income and financial mathematics ; understating of structured finance is a plus.
  • Strong quantitative aptitude
  • Excellent oral and written communication skills, able to communicate clearly and succinctly
  • Highly organised and efficient, with ability to multi-task and manage multiple projects at one time
  • Fluency in English is essential
Moody’s is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability, protected veteran status, sexual orientation, gender expression, gender identity or any other characteristic protected by law.
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.