Assistant Vice President – CMBS recruitment
Working for Moody's
Our views matter. So will yours.
The views of each Moody's employee matter and, collectively, those views contribute to our ability to serve credit-sensitive markets worldwide. Diverse opinions are encouraged and leverage the depth and breadth of experiences that our employees bring to work each day. We expect Moody's employees to be accessible and collaborative and, in return, Moody's offers a work environment that promotes intellectual curiosity, analytical rigor and collegiality. Our people and our environment uphold our core values of integrity, insight, intellectual leadership, inclusion and independence.
Moody's is an essential component of the global capital markets, providing credit ratings, research, tools and analysis that contribute to transparent and integrated financial markets. Moody's Corporation (NYSE: MCO) is the parent company of Moody's Investors Service, which provides credit ratings and research covering debt instruments and securities, and Moody's Analytics, which offers leading-edge software, advisory services and research for credit and economic analysis and financial risk management. The Corporation, which reported revenue of $2.3 billion in 2011, employs approximately 6,100 people worldwide and maintains a presence in 28 countries. Further information is available at www.moodys.com.
The Department
The EMEA Structured Finance Group reviews a wide range of complex and innovative products, including mortgage and asset backed securities, collateralised bond obligations, credit derivatives and asset backed commercial paper and repackaged bond transactions.
The EMEA Structured Finance Group is segregated into six main areas:
The EMEA Structured Finance Group reviews a wide range of complex and innovative products, including mortgage and asset backed securities, collateralised bond obligations, credit derivatives and asset backed commercial paper and repackaged bond transactions.
The EMEA Structured Finance Group is segregated into six main areas:
1. ABS - Asset Backed Securities
2. ABCP - Asset Backed Commercial Paper
3. Derivatives - Collateralised Debt Obligations Repackaging Programmes
4. MBS - (Residential) Mortgage Backed Securities
5. CMBS - Commercial Mortgage Backed Securities Property Related Operating Deals
6. Covered Bonds.
We require individuals who are able to lead our analysis of specific transactions and to further our rating methodologies in this rapidly growing market. Candidates must have the ability to assess complex and innovative securitisation structures across all major European markets (also within new markets such Eastern Europe, Russia and Middle East) and be comfortable in conducting operational reviews of issuers and interact with market participants at all levels.
The Role / Responsibilities
We are seeking an AVP to join the CMBS Team. The successful candidate will manage a portfolio of securitisation transactions backed by Commercial Real Estate across Europe.
The analyst will be responsible for a portfolio of existing transactions and will over time be involved in rating new transactions. This role is ideal for candidates seeking hands on deal related experience, the responsibility to form a view on all credit aspects of structures as well as leveraging their legal experience.
Analysts also take part in our effort to reach out to the various participants of the securitisation market by publishing external reports and taking part in industry sector conferences as well as one to one investor meetings.
Responsibilities:
* Rating analysis of EMEA transactions. This involves some collateral analysis, cash flow modeling and legal documentation review.
* Providing legal support on CRE and securitisation related matters to the CMBS team
* Preparing and publishing articles on relevant topics to aid in communicating Moody's methodologies to other market participants
* Monitoring the performance of previously rated transactions
* Close cooperation with external market participants including investment banks, originators, law firms and investors.
Qualifications:
* Strong academic background degree in a Mathematical, Economic, Legal or Business subject.
* Relevant professional qualification (eg CFA) would be desirable.
Key Skills - Technical:
* Proven analytical capacity. Well developed IT skills including Excel.
Key Skills - Non Technical:
* Strong interpersonal and communication, skills
* Highest ethical standards.
* Professional, pro-active, flexible, diligent and dependable.
* Ability to build strong professional relationships at all levels and represent the Moody?s brand effectively at senior level.
* Ability to work on own initiative, without the need for close supervision.
* Highly organised and efficient, with ability to multi-task and able to meet tight deadlines.
* Sound judgement - capable of developing independent opinion and defending own views.
* Good written and verbal communication skills.
Languages:
* Fluent in English essential and additional European languages highly beneficial.
Equal Opportunities
Moody's Corporation is committed to equal opportunities and diversity in its recruitment practices. We welcome applications from all sections of the community and are dedicated to the fair and equal treatment of potential and existing employees, candidates and clients regardless of sex, marital status, ethnic origin, religion, disability, sexual orientation, age or any other characteristic protected by law.
Security Trading Policy
Candidates receiving an offer to join Moody's Investors Service or Moody's Shared Services will be required to disclose their securities holdings and those of their family members as defined by Moody's Policy for Securities Trading. Such holdings will be reviewed by the hiring manager during the offer process to identify any potential conflicts of interest. Moody's Human Resources department shall inform the prospective employee of any potential conflicts and remediation actions required. Any formal offer of employment is contingent upon the Candidate's agreement to comply, in advance of employment, with remediation requirements identified by Moody's.