JOE Listings (Job Openings for Economists)
February 1, 2015 - July 31, 2015
Position Title/Short Description
Section: Full-Time Nonacademic
Location: New York, New York, UNITED STATES
JEL Classification: 00 -- Default: Any Field
Full Text of JOE Listing:
We are looking for a seasoned financial engineer to join our model management and verification team.
The duties of this financial engineer include:
*Ensuring that specifications and other technical documents for credit rating models and scorecards appropriately reflect the applicable methodology requirements.
*Performing back tests of rating methodologies and developing analytical projects to confirm the ability of financial models to assess credit risk.
*Building financial model prototypes, implement validation procedures, and assist with the implementation of new control processes for rating models and scorecards.
*Publishing research and participating in professional training for the analytical staff.
*Supervising research and validation projects.
The position requires collaboration with rating analysts, model managers, research groups, and development groups.
*PhD in Applied Mathematics, Financial Engineering, Econometrics, Statistics, Finance, Physics, or Business.
*6+ years of overall experience in credit risk modeling – experience in credit derivatives or structured finance a strong plus.
*Working knowledge of 2 of the following technologies: VBA, C++, C#, Matlab, R.
*Knowledge of SQL a plus.
*Hard working, easy to work with, and willingness to learn new technologies.
- Application Instructions Below
Job Description Link 1:
Job Description Link 2: