The Team:
Analytic Quality & Validation (AQV) is a control function of S&P Global Ratings that is responsible for assessing the ratings methodologies, models, and analyses used to assign credit ratings. The AQV team comprises both credit analysts as well as model specialists with experience in credit ratings and the capital markets more broadly. The position supports the AQV team which is global, multi-cultural, and works closely together in its evaluation of the quality of S&P Global Ratings’ ratings methodologies, models, and analysis. The Review Analyst will participate in assigned risk-based activities and is expected to actively contribute to the team’s overall validation activities, and so the position will specifically appeal to a diligent and analytically curious self-starter with a strong work ethic and a drive to succeed.
The Impact:
- Work in a dynamic environment in a team that has global, cross-sector responsibilities.
- Opportunity to work in a collegial culture with potential for professional development gaining exposure to varied asset classes and sectors.
- Team members typically specialize in either model validation or criteria validation/credit review but will have the opportunity to develop skills and experience across both disciplines.
Responsibilities:
- Under the direction and guidance of assigned Management, the successful candidate will perform some or all of the following:
- Test and validate quantitative financial-based models and engines.
- Interact with relevant staff to gather model-related information and clarify model-related queries.
- Conduct validation and credit review activities using both qualitative credit skills and statistical/quantitative analyses in the evaluation of ratings performance.
- Test the soundness of the criteria assumptions and the calibration of ratings outcomes against established benchmarks and ratings definitions.
- Conduct and interpret sector research to identify key credit trends/risks and apply insights to improve model validation processes.
- Demonstrate an ability to analyze complex, non-routine analytical/business problems swiftly and insightfully.
- Participate in producing well-written reports and presentations to relevant review bodies, including senior management, in order to defend conclusions and present any findings.
- Display effective communication skills that demonstrate clear/concise writing style, strong verbal skills, and attentive listening abilities.
- Manage multiple deliverables while adhering to regular, agreed-upon deadlines.
- All employees are required to work from the office a minimum of 2 days per week.
- We require all candidates who reach the final stage of our interview process to attend at least one in-person interview, which is ordinarily at your nearest S&P Global Ratings office. This must be completed before we can proceed to an offer.
What We’re Looking For:
Basic Required Qualifications:
- A bachelor’s degree in Financial Engineering/quantitative finance, Math, Statistics, Data Science, Engineering, Economics, or other relevant program.
- An S&P Global employee at this level would typically have 2+ years of relevant experience in the Financial Services industry.
- Proficiency with Excel/VBA and R/Python is essential for effective model validation.
- Well-rounded communication skills that implement strong listening techniques, clear/concise writing style, and effective verbal skills.
- Works well in a team environment, focusing on collaboration and adapting to the demands of a diverse team.
- Adept at managing multiple tasks and adhering to regular agreed-upon deadlines.
Preferred Qualifications:
- Advanced Degree or CFA (Chartered Financial Analyst Certification).
- Experience in model validation and development, with a strong understanding of quantitative finance and statistical analysis.
- Relevant work experience in credit analysis of debt/capital markets, credit analysis/research.
- Proficient programming skills in SAS, MATLAB, or C++.
Compensation/Benefits Information:
(This section is only applicable to US candidates)
S&P Global states that the anticipated base salary range for this position is $69,661 to $89,706. 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.
Right to Work Requirements:
For US candidates, this role is limited to persons with indefinite right to work in the United States.
