Financial Engineer

  • New York, NY


: $134,300.00 - $147,950.00 /year *

Employment Type

: Full-Time


: Financial Services - Insurance

We are looking for a financial engineer to join our modelling team which is responsible for all the models, scorecards and calibrations 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 and calibration of credit rating models and assist with documentation, oversight and maintenance of some of the rating agency's models that are used in the rating process.Key Responsibilities:* Develop in-depth knowledge of Moody's credit rating models and scorecards* Research econometric, statistical and mathematical techniques to evaluate performance of econometric models* Participate in rating methodology developments.* Assist with quantitative projects to create, calibrate, update and improve credit rating models (structured finance collateral and fundamental models)* Work with managers to create documentation around credit rating models.* Participate in professional training for analytical staff* Build relationships with analytical staff and management* Strong academic background, MSc or PhD in relevant areas like Financial Engineering, Mathematical Finance, Mathematics, Statistics, Physics, Econometrics* Work plus academic experience up to 5 years in developing, calibrating and documenting financial models - credit risk or structured finance a plus* Understanding of model development, statistics and econometrics* Good development skills in one of the following technologies: C++, VBA, MATLAB, Python or R* Understanding of fixed income; understanding of structured finance is a plus* Good oral and written communication skills, able to communicate clearly and succinctly* Highly organized and efficient, with ability to multi-task and manage multiple projects
Associated topics: actuarial analyst, actuarial consultant, actuary, actuary consultant, analyst, assistant actuary, cost, model, risk, statistics

* The salary listed in the header is an estimate based on salary data for similar jobs in the same area. Salary or compensation data found in the job description is accurate.

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