JR Quant Risk Modeler- New York City recruitment

Responsibilities:
The Credit Policy team at a leading raitings agency is a group of professionals who oversee the general credit policies and rating methodologies for the rating agency, and publish rating performance research.

We are looking for a financial engineer to join our model management and verification team. The duties of the financial engineer include:

-Verify and further develop the financial models underlying the general credit policies and rating methodologies.
-Build financial model prototypes, implement test procedures, and assist with the implementation of new control processes for rating models.
-Perform econometric back tests of current rating methodologies for credit derivatives, structured products, and other asset classes, and prepare analytical projects to confirm the ability of financial models to assess credit risk.
-Assist with ad-hoc quantitative projects to update and improve the rating process (structured finance simulations, macroeconomic projects, etc.).
-Publish research and participate in professional training for the analytical staff.

The position requires collaboration with rating analysts, model managers, research groups, and development groups

Qualifications:
-PhD in Math, Econometrics, Statistics, Finance, Physics, or Business. Strong candidates with a Master’s degree in related fields will be considered.
-1+ year of overall experience in financial modeling – experience in credit risk, credit derivatives or structured finance a strong plus. Exp. may be gained through employment or academic study.
-Understanding of model development including model design and implementation.
-Working knowledge of 2 of the following technologies: VBA, C++, C#, Matlab, R.
-Hard working, easy to work with, and a willingness to learn new technologies.

Please contact Emily Slocum with Huxley Associates if interested!