VP-Sr Credit Officer/Commercial Real Estate Research Director - New York - 23206BR

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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

SFG-CRE

Job Description

The Commercial Real Estate (CRE) ratings team in the Structured Finance Group of Moody’s Investors Service is seeking to hire a research director. The team is responsible for assigning and monitoring ratings for structured securities backed by CRE mortgage loans, including Commercial Mortgage Backed Securities (CMBS) and Commercial Real Estate Collateralized Loan Obligations (CRE CLO). In addition, the team produces in-depth and data-driven research on credit issues important for both the CMBS/CRE CLO sectors and the overall CRE industry.

The successful candidate would join the SFG CRE team and lead efforts to expand data, research and analytics in the CRE industry.

Key Responsibilities:

  • Strengthen the rating group’s voice in the market by displaying an in-depth knowledge of CRE economics and risk assessment in outreach to investors, issuers, industry trade organizations and trade related media

  • Produce research publications, improve ratings analytics and support the ongoing quantitative assessment of existing ratings methodologies through the use of empirical and theoretical economic models, simulations, AI models, and other analytics

  • Manage ongoing periodic research reports as well as develop in-depth default and loss research using econometric, simulation and AI modelling of various datasets relevant to CRE and CMBS/CRE CLO performance

  • Participate in ratings and rating committees and provide needed data queries and summary statistics to rating analysts to inform the ratings of CMBS/CRE CLO transactions

  • Produce internal research and presentations to develop forward-looking macroeconomic views of the CRE sector, working collaboratively with other rating groups to assist them in the their analysis of any CRE exposures

  • Assist in monitoring the credit performance of outstanding CMBS/CRE CLO ratings by helping to assess the quantitative and qualitative factors that are relevant to default and loss risk of CRE loans

  • Assist in the development of novel models and analytical tools using internal and external data sources to pre-emptively identify risk factors in CRE and CMBS/CRE CLO transactions

  • Help to maintain and enhance internal databases, ratings models and commercial real estate cash flow models. Also help build new databases from unstructured data and vet potential applicability of new alternative data sources

  • Mentor and train rating analysts on the financial and econometric analysis of CRE and structured finance

    #LI-RD1

Qualifications

  • Degree in Economics, Finance, Financial Engineering, Mathematical Finance, Mathematics, Statistics, Physics, Engineering, Computer Science or related econometrics field

  • Experience in econometric analysis and financial modelling – experience in credit risk, CRE analysis or structured finance a plus. Experience may be gained through employment or academic study

  • Highly developed presentation skills

  • Strong ability to translate quantitative work in written reports and public presentations

  • Proficient/expert in Excel, PowerPoint and other MS Office tools

  • Proficiency in any or all of SQL, Python, R, C/C++, VBA, MS Query and MATLAB is a plus

  • Certifications in CFA, FRM, or equivalent is a plus

  • Understanding of model development including model design and implementation

  • Understanding of fixed income and structured finance

  • High attention to detail with excellent organisational and analytical skills and ability to handle multiple projects at one time

  • Hard working, enjoys learning and working collaboratively within a highly supportive team

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.