The Team: The Associate - Model Validation is a member of a model validation team which independently validates (tests) the quantitative financial models and engines that are developed throughout S&P Global Rating Services.
Compensation/Benefits Information (US Applicants Only):
S&P Global states that the anticipated base salary range for this position is $91,500 to $190,100. Base salary ranges may vary by geographic location.
In addition to base compensation, this role is eligible for an annual incentive plan. This role is not eligible for additional compensation such as an annual incentive bonus or sales commission plan.
Interact with quantitative staff to gather model related information and clarify model related questions
Interact with business unit staff to gather model related information and clarify model related questions
Communicate findings and recommendations with Ratings Quality and Ratings Business
Enhance procedures for model validation to meet new standards
Advanced degree in Economics, Mathematics, Statistics, Quantitative/Mathematical Finance or a closely related discipline (Masters or Ph.D.).
1+ years of experience in quantitative financial research, model development and model validation.
Good quantitative financial knowledge in the areas of stochastic interest rate modeling, prepayment modeling, spread modeling, default modeling and cash flow modeling.
Good quantitative skills in the areas of structured finance, credit derivatives, default and recovery modeling and credit risk management.
In-depth knowledge of structured financial instruments (CDO, CMBS, ABS, RMBS) as well as corporate finance and capital adequacy for financial institutions desirable.
Good programming skills in SAS, MATLAB, C++, R or Python.
Strong ability to communicate complex technical results to non-quantitative audience.
Ability to work independently
Excellent communication and interpersonal skills.
About S&P Global Ratings
S&P Global Ratings is the world's leading provider of independent credit ratings. Our ratings are essential to driving growth, providing transparency and helping educate market participants so they can make decisions with confidence. We have more than 1 million credit ratings outstanding on government, corporate, financial sector and structured finance entities and securities. We offer an independent view of the market built on a unique combination of broad perspective and local insight. We provide our opinions and research about relative credit risk; market participants gain independent information to help support the growth of transparent, liquid debt markets worldwide.
S&P Global Ratings is a division of S&P Global (NYSE: SPGI), which provides essential intelligence for individuals, companies and governments to make decisions with confidence. For more information, visit www.spglobal.com/ratings.
S&P Global has a Securities Disclosure and Trading Policy ("the Policy") that seeks to mitigate conflicts of interest by monitoring and placing restrictions on personal securities holding and trading. The Policy is designed to promote compliance with global regulations. In some Divisions, pursuant to the Policy's requirements, candidates at S&P Global may be asked to disclose securities holdings. Some roles may include a trading prohibition and remediation of positions when there is an effective or potential conflict of interest. Employment at S&P Global is contingent upon compliance with the Policy.
Equal Opportunity Employer:
S&P Global is an equal opportunity employer and all qualified candidates will receive consideration for employment without regard to race/ethnicity, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, marital status, military veteran status, unemployment status, or any other status protected by law. Only electronic job submissions will be considered for employment.
If you need an accommodation during the application process due to a disability, please send an email to: EEO.Compliance@spglobal.com and your request will be forwarded to the appropriate person.
Please note that S&P Global is a federal contractor, and in keeping with the US Government's federal contractor vaccine mandate, the company plans to require all employees in the US to be fully vaccinated if and when such requirements becomes enforceable. S&P Global will also follow other state and local vaccine requirements which may apply.
20 - Professional (EEO-2 Job Categories-United States of America), ANLYTC202.2 - Middle Professional Tier II (EEO Job Group), SWP Priority - Ratings - (Strategic Workforce Planning)