Quantitative Developer - Vilnius - 22120BR

Moody's (NYSE: MCO) 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 11,000 employees in more than 40 countries, Moody's combines international presence with local expertise and over a century of experience in financial markets. Learn more at 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.


The successful candidate will join a growing CSS team that works to develop and improve credit rating models and scorecards.


Job Description

We are looking for a quantitative developer to join our modelling team, which is responsible for all the models and scorecards used in the rating process. This is a good opportunity to join a growing team where you will be expected to participate in the development of credit rating models and scorecards and assist with documentation, oversight and maintenance of some of the rating agency models and scorecards.

Key Responsibilities:
  • Develop in-depth knowledge of our Rating Agency models and scorecard
  • Assisting with ad-hoc quantitative projects to update and improve the rating process (structured finance simulations, macroeconomic projects, etc.).
  • Work with managers to create documentation around credit rating models.
  • Participate in professional training for the analytical staff
  • Build relationships with analytical staff and management; Act as a key point of contact to provide guidance to rating teams to ensure consistency with rating models and scorecards when appropriate
  • Research mathematical and Technical techniques to evaluate performance of credit rating models and scorecards


  • Strong academic background, MSc or PhD in relevant areas like Mathematics, Computer Science, Physics, Financial Engineering, Mathematical Finance, Engineering.
  • Understanding of model development including model design and implementation.
  • Good development skills in two of the following technologies: C# or other .NET languages, C++, VBA, and Matlab
  • Advanced Excel knowledge
  • Experience in financial modeling – experience in credit risk, credit derivatives or structured finance a strong plus.
  • Understanding of fixed income; understating of structured finance is a plus.
  • Good verbal and written communication skills, able to communicate clearly and succinctly
  • Highly organized and efficient, with ability to multi-task and manage multiple projects

Annual base salary gross: 38,400 – 61,400 EUR
The base salary range represents the low and high end of the Moody’s salary range for this position. Actual salaries will vary and will be based on various factors, such as candidate’s qualifications, skills, and competencies. The salary is one component of Moody’s total compensation package for employees. Other rewards and benefits include short term incentives, health insurance (several options to choose from), accident and life insurance, access to the best in class learning and development platforms, flexible work arrangement.
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.