AVP - RMBS


Company:: Moody''s Corporation
Location:: New York City, NY
Job Type:: Full Time
Category:: Accounting

Yrs of Exp:: 2+ to 5 years
Posted:: 1/19/2013

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Job Description

Our views matter. So will yours. Further information about 'working at Moody's' is available at our Careers Page at www.moodys.com

Responsibilities will include assuming lead modeling role for the development and maintenance of models used by analysts for the surveillance of residential mortgage backed securities (RMBS). Apply advanced quantitative modeling analytics to develop default probability, loss distribution and cash flow models (utilizing Microsoft Excel software with Visual Basic code, other modeling software and Moody?s proprietary tools) to assess structured products credit risk. Assist with the writing of model specification documents for the model verification process. The candidate is also expected to oversee the activites of the RMBS surveillance modeling team and lead a team of 2-3 analysts.
Responsibilities will also include assuming lead analyst role for monitoring the rating of US RMBS transactions and other securitizations of mortgage-related collateral. The analysis will include analyzing data, deal structures, legal documents and cash flows for ongoing monitoring of an assigned portfolio.
The candidate is also expected to publish timely and in-depth research reports, interact effectively with market participants and speak at conferences and investor briefings.

MBA or Master's Degree in Economics, Finance, Computer Science or Mathematics, with at least 4 years finance-related analytical experience, preferably involving residential mortgage products or structured finance products.
Programming experience and knowledge of VBA is a must. Knowledge of a statiscal package preferably R or S plus. Knowledge of working with Microsoft Visual Studio and C/C++ code is preferable. Previous project management experience is required.
Strong oral and written communication capabilities, ability to manage multiple projects, work closely with others as well as independently to produce accurate, detailed work in a dynamic, fast-paced environment is a must.

The successful candidate will join our structured finance group (SFG) team in New York, which is responsible for monitoring US RMBS transactions.

Moody's is an equal opportunity employer.

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