S&P Global - Analyst/Senior Analyst - Quantitative Modeling - Credit Solutions

Position Title : Analyst/Senior Analyst- Quantitative Modeling

Department : Credit Solutions

Purpose :

- This position will be responsible for the clean-up and preparation of data to be used in the development, re-training and maintenance of new and all existing analytic methodologies supported by the Analytic Development Group.

- This role will also undertake all of the data analysis requested by the quant methodologists.

- Additionally, this role will support the model validation efforts and will prepare documentation supporting all analytics testing, performance evaluation and maintenance activities ensuring these meet the needs of S&P Global Market Intelligence businesses.

Essential Accountabilities : (Describe the top five to ten essential accountabilities of this position that account for 5% or more of time spent on an annual basis or are critical to the successful performance of the job, starting with the essential accountability that you perform most frequently. Each statement should specify the purpose of the accountability, how it is accomplished, and the end result.)

Essential Accountability :

- Analytic Development - Methodology and Analysis

Under the direction of the Analyst or Senior Analyst, this role has responsibility for :

- Clean-up and preparation of data to be used in the development, re-training and maintenance of all new and existing analytic methodologies supported by the Analytic Development Group.

- Undertaking all of the data analysis requested by the quant methodologists.

- Executing specific analytical tasks to rigorously validate and/or train analytic models as needed.

- Preparing and maintaining documentation supporting all analytics testing, performance evaluation, maintenance, and some development activities.

Communication and Coordination :

- This role will interact and coordinate with other individuals in groups across S&P Global Market Intelligence and S&P that provide data which will be further prepared by this position to support quant analysts in the development and maintenance of analytic methodologies supported by the Analytic Development Group.

Other Required Accountabilities :

- Effective internal communications, with Information Technology (IT) team and Product Management (PM) team, supporting validation of model outputs generated by IT prior to model inception in the market, and highlighting any issues identified in model outputs validation.

Dimensions :

- This position will support projects and efforts to develop and maintain the whole range of analytics and analytic solutions that help support the generation of several million USD in annual revenue globally for S&P Global Market Intelligence.

Knowledge & Experience :

- Bachelor's degree with good knowledge of mathematics and statistics is a pre-requisite. Advanced degree in analytic discipline preferred (math, physics, finance, economics, engineering, etc)

- Typically 1-2 yrs. relevant work experience.

- Excellent MatLab Skills, good Excel skills with functions (knowledge of VBA and Access advantageous but not required). Knowledge of SQL is a plus.

- Strong data analysis and data management capabilities .

- Understanding of accounting and/or risk management concepts preferred.

- Strong verbal and written communication skills (presentational, active listening).

- Good technical writing skills (English), for supporting senior team members in preparation and update of technical documents for each model release and/or white papers.

- Thoroughly checks soundness of own/team work and probes more deeply when confronted with inconsistent or interesting findings.

- Results-oriented, flexible/adaptable, able to manage multiple projects, keen to learn, proactive, real team player.

Complexity :

- This position will provided varied research and desktop analytical support at a junior level and will be working with several different teams (with direct reporting line to one manager and regular liaising with data experts, IT and the other regional ADG teams).

- Ability to multi-task and progress more than a single research activity at a given time is important, as well as strong desire to learn about all the analytical solutions managed by the ADG team.

- Ability to perform data analysis, preparation and clean-up tasks.

- Identify problems on a timely basis (during model development, training, validation, etc) and suggest solution to the wider team.

- Solve analytical problems and analyze possible solutions using standard procedures and exploiting MatLab and Excel tools.

- Will work with more seasoned individuals in the team to solve complex issues.

- Ensure that projects are completed on time, as directed.

- The primary purpose of this position is to work in a team of Data Consortia professionals, to collect and analyze credit information from a consortia of participating banks. Statistical probability of default and loss given default prediction models may be developed on the data set. The Analyst will have a key role on the data side of the project.

- Focus to creatively identify, design, evaluate and provide strategic credit risk management solutions to our Financial Services clients.

- By having a full understanding of the array of existing solutions he/she will be responsible in supporting the efforts for detecting the most appropriate solution to identified client needs, the candidate will be expected to conduct analysis on original and non-routine business problems in a timely, accurate and insightful manner and combine this analysis with their understanding of a client's practical issues to provide a solution.

- In this role the analyst will provide vital technical support in the business development initiatives in his/her main areas of expertise

- The day-to-day job requires team leadership capabilities, and at the same time substantial hands on involvement in the design and actual provision of solutions.

- Additionally, the candidate has to have strong credit risk knowledge, which will be instrumental in his project management duties and at the same time for supporting team members in their technical knowledge development.

- Secondary, the analyst may support other regional teams of S&P Capital IQ in producing Assessments of Credits, Credit rating, Rating Rationale, undertake Update and Maintenance of different S&P Scorecards or any other client projects as needed from time to time.

- The day-to-day job requires undertaking all of the analyst level activities associated with these efforts including data sourcing, data analysis, model running, output analysis, regression and data analysis, report writing and results collation.

- The Analyst will need to work independently under tight deadlines to consistently produce high quality work including written reports, credit analysis results and interim deliverables, for which in all cases will have full accountability.

- The Analyst has to have some credit risk knowledge including a year of background in default and loss analysis, ratings methodology and/or credit analysis/documentation, which will be instrumental in performing these duties.

- Experience on LGD,PD & EAD.

Responsibilities :

- Delivers advanced credit risk management analysis. Delivers high quality analytical work that meets clients needs and expectations. Applies Basel II/III compliant and industry best practices methodologies in that execution.

- Writes all deliverables including technical sections, summaries and final reports

- Keeps abreast of market, industry and regulatory developments that effect the approaches and techniques used in the analysis

Education & Experience : Top of class MBA/PGDBA, CA, MSc Finance, CFA or CPA.

- Minimum of two years of relevant experience in credit risk analysis (rating agency, financial market, consulting companies working in the credit space) and/or strong quantitative skills and in particular advanced statistics and/or econometrics are highly desirable

- The ability to analyze original, non-routine analytical/business problems (in the Credit Risk Management environment both internal to the organization and client) in a timely and insightful manner. Ability to translate such problem interpretation into relevant solutions.

- Strong quantitative skills and in particular advanced statistics and/or econometrics are highly desirable

- Ability to take initiative and self-manage time

- Demonstrated strong written communications skills and background in credit report generation is required

- Excellent interpersonal communications skills are required

- Highly proficient in EXCEL, WORD and POWERPOINT, proficient in Windows 2000/NT/XP, Access

- Proficiency in MatLab/SAS and statistical packages desired and a real plus full command of English language is a must, both in verbal and written English