At a Glance
- Tasks: Develop and maintain innovative quantitative tools for credit analysis.
- Company: Join S&P Global Ratings, a leader in credit ratings and analytics.
- Benefits: Competitive salary, health coverage, flexible time off, and continuous learning opportunities.
- Other info: Collaborative environment with excellent career growth potential.
- Why this job: Make a real impact in finance while growing your analytical skills.
- Qualifications: 5-7 years in quantitative modelling or software development; strong communication skills.
The predicted salary is between 148491 - 176000 £ per year.
About the Role:
The Structured Finance (SF) Methodologies team is responsible for a large portfolio of criteria and models spanning the global SF universe, including CMBS, RMBS, CLO, Covered Bonds, Non-Traditional and ABS asset types. The criteria and models that the group develops and maintains help analysts produce independent credit ratings that increase S&P Global’s analytical relevance in the market.
As a Methodology Model SME, the position is embedded within the SF team and works closely with the Model and Criteria SMEs, who are responsible for developing and maintaining a growing portfolio of cutting-edge quantitative tools and analysis that enable analysts to continually produce high-quality and transparent credit analysis.
The Associate Director enhances S&P Global Ratings’ ability to produce high-impact, insightful research and models and supports the continued growth of S&P Global Ratings’ relevance in an evolving market by synthesizing, analyzing, and deriving value from datasets, developing innovative analytic solutions and tools, and helping to build data analytics capabilities across the SF team.
Responsibilities:
- Develop and maintain nimble, user-friendly quantitative solutions and tools that will be used by credit analysts globally in credit rating analyses and research publications.
- Synthesize and analyze large datasets to derive analytic value and insights for credit rating analyses and research publications.
- Proactively identify and implement creative solutions to drive continuous improvement across models and analytical workflows.
- Provide analytical insight and technical guidance to help the team resolve complex, non-routine problems and tasks.
- Maintain close interaction with analysts, model developers, and subject matter experts to ensure that data analyses and tools effectively inform analytical decisions.
- Work closely with the Model and Criteria Validation group to ensure a high-quality product.
- Write clear, concise specifications and development documentation to ensure consistent and thorough documentation in accordance with policy and procedures.
- Support criteria projects and be an active member of projects, including testing of new concepts, data gathering, writing and preparation of materials.
- Coach and guide junior developers on technical tasks and best practices; support criteria projects by assisting with tool development, testing, and data gathering.
Basic Qualifications:
- 5 to 7 years of experience in quantitative modeling or software development supporting financial analysis.
- Knowledge of capital markets and financial instruments, with an emphasis on credit risk modeling preferred.
- Basic understanding of database modeling/design and applications, including knowledge of SQL and experience in databases such as Oracle, Sybase, or Access.
- Proficiency in Microsoft Excel/VBA and programming languages such as R, Python, C++, and MATLAB.
- Persistent with a natural curiosity about credit markets and technical details.
- Displays well-rounded communication skills that implement good listening techniques, clear and good verbal skills.
- Works well in a team environment, focusing on collaboration and adapting to the needs of a diverse team.
Additional Preferred Qualifications:
- Bachelor's degree in Finance, Financial Engineering, Statistics, Quantitative Finance, Computer Science, Mathematics, Economics, or a related field.
- Self-starter with the ability to work independently and collaborate effectively across diverse teams.
- Able to summarize complex quantitative concepts clearly and concisely for technical and non-technical stakeholders.
- Experience supporting multi-stage projects from planning through execution.
- Strong time management, prioritization and deadline-management skills.
- Effective communication, interpersonal and facilitation skills, with the ability to manage multiple priorities.
- Strong customer service orientation and stakeholder-management skills.
- Creative problem-solver who works well in fast-paced environments.
We require all candidates who reach the final stage of our interview process to attend at least one in-person interview, which is ordinarily at your nearest S&P Global Ratings office. This must be completed before we can proceed to an offer. All employees are required to work from the office a minimum of 2 days per week.
About S&P Global Ratings:
At S&P Global Ratings, our analyst-driven credit ratings, research, and sustainable finance opinions provide critical insights that are essential to translating complexity into clarity so market participants can uncover opportunities and make decisions with conviction.
For more information, visit spgbenefits.com/benefit-summaries.
Associate Director, Model Developer, Structured Finance - New York or London employer: S&P Global
S&P Global is an excellent employer, offering a vibrant work culture that prioritises innovation and client success in the heart of Greater London. Employees benefit from generous perks, professional development opportunities, and a collaborative environment that fosters growth and leadership. Joining S&P Global means being part of a forward-thinking team dedicated to delivering exceptional solutions in the financial sector.
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