Financial Analyst, Structured Finance Software & Solutions recruitment
The Fixed Income Solutions Group has an opening for a Financial Analyst, Structured Finance Software Solutions. This position is responsible for modeling and stress testing complex structured finance transactions across all asset classes (ABS/CDO/CMBS/RMBS) both at the portfolio and loan levels. The financial analyst will additionally provide support to product management and IT teams to assist in specification creation and quality assurance testing for updated product releases.
Essential Accountabilities:
Client Lead - This position will be responsible for individual client project management. He/She will be responsible for implementing project plans in association with clients to achieve the clients' goals in using our system and/or services. This includes working with Product Management, IT and DSO teams to resolve any client raised data and/or product issues.
Product Testing - Working as part of the Structured Finance Solutions team, as well as in partnership with our CTO and IT team, this financial analyst will assist in developing new product specifications as well as quality assurance testing for new releases of software.
Structured Finance Model Creation - This position will be responsible for modeling and stress testing complex structured finance transactions across all asset classes (ABS/CDO/CMBS/RMBS) both at the portfolio and loan levels. This includes possessing a deep knowledge of structured finance market and transactions' structural differences across all asset classes. These models may be needed for commercialization and/or client specific requirements.
Team Training - As new financial analysts are brought onboard, this financial analyst will assist in implementing detailed training programs and be available to support new financial analysts in answering questions on various topics. Depending on seniority, this position may also be asked to help develop training programs for specific areas on the product, services or a general financial topic or issue.
Structured Finance Research - The financial analyst is expected to understand how to read a wide range of structured finance reports and documents and may be called on to provide additional research on financial topics, issues, and trends to support the company and to develop superior financial knowledge.
Skills
- Bachelors degree Accounting, Finance, Statistics or related field (MBA and/or CFA a plus)
- 2-5 years general work experience
- Demonstrated strong quantitative skills
- Team oriented
- Demonstrated ability to solve problems with some direction and support
This financial analyst role relies on developing a strong knowledge of structured finance and the lifecycle of financial securities. Ideal candidates will have a minimum of 2 to 5 years experience working in any quantitative analytical field. That said, dynamic persons with strong analytical and problem solving skills, as well as possessing the ability to work in a team environment, could be considered for the role even if they possess less years of experience.
This role involves reading and understanding complex structured finance transaction documents. Problem solving skills are essential in modeling these transactions in our proprietary scripting language. The role also requires creative thinking in providing customer specific solutions for the use of our offered products and services.
The McGraw-Hill Companies (NYSE: MHP) is a Fortune 500 corporation with over 20,000 global employees and over 10,000 U.S. employees. Around the world, McGraw-Hill provides people with the information and insights they need to adapt and grow in changing times. Our business spans the fields of financial services, education, and business information with leading brand names such as Standard Poor's, McGraw-Hill Education, Platts, and J.D. Power Associates. By working together with our customers and partners, these brands are laying the foundation for a smarter, better world.
The McGraw-Hill Companies is an equal opportunity employer. Only electronic job submissions will be considered for employment. For special accommodation due to disability, please email