Associate Director, Model Developer, Structured Finance - New York or London
IHS Markit
- Location
- New York, New York; London, United Kingdom
- Employment
- Full Time
- Work model
- On-Site
- Level
- Senior
Skills
About this role
About the Role
Grade Level (for internal use): 12 The Team 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 Impact 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. What ’s in it for you ? The role leverages quantitative abilities to develop analytic solutions and tools that enable credit analysts to perform high-quality analysis and research . The position explores new areas for research and aids in business development initiatives. It supervises and performs implementation and testing of quantitative models as prototypes and production engines using the Quantitative Toolbox as appropriate , to further the study, application and acceptance of quantitative methodologies as part of the firm’s businesses . The role offers a challenging, steep learning curve, and the position could lead to continued growth within the organization by demonstrating strong analysis and presentation skills . Gain analytic knowledge of a wide range of global sectors and market topics . Gain exposure to stakeholders across S&P Ratings and enjoy a strong collegial, collaborative environment.
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 Compensation / Benefits Information S&P Global states that the anticipated base salary range for this position is $ 148,491 to $ 176 ,000 USD ( This section is only applicable to US Candidates) . Final base salary for this role will be based on the individual’s geographic location, as well as experience level, skill set, training, licenses, and certifications. In