Job Details
Advisory Services Associate
The Professional Services team provides for the implementation of Moody’s Analytics’ Issuer Tools and Solutions. This may include customization of the solutions, as well as development of bespoke solutions, on-site installation, configuration and training services.
The Associate will be responsible for performing configuration, customization and documentation related work for Moody’s Analytics Issuer Solutions (“MA Issuer Solutions”) products. Involved in financial modelling, analytics, collateral stratification analysis and technology infrastructure. Conducts research to study the intricate business of securitization. An Associate is required to closely work with clients and MA professionals while reading offering documents and converting detailed written ‘payment priorities’ into financial models using our proprietary software applications. The role also includes providing support to existing MA Issuer Solutions clients.
The Role / Responsibilities:
Work in conjunction with other members of the MA Issuer Solution implementation team to implement and configure Moody’s proprietary ABS Suite Plus structured finance software products.
A candidate would be responsible for modelling of securitization structures, and payment waterfall rules across a range of securitization asset classes including auto, equipment, fleet/rental car, credit cards, consumer loans, etc. Securitization experience is a plus.
Assist in advising clients on improving their securitization process to meet monthly and yearly securitization contractual requirements, regulatory reporting requirements and trigger compliance monitoring of their securitization programs.
Provide input on client requirements to senior team member as well as the product management team
Develop expertise in reading securitization legal documents and identifying key structural terms
Developing and building reports using Crystal Reports, Microsoft SSRS,
Develop business requirements, design, and execute SQL queries, and test solutions to ensure they meet client requirements
Thinking "outside of the box" and exercising professional scepticism to detect any potential issues throughout the project.
Demonstrated aptitude or willingness to master detailed securitization analytics including asset class specific methodologies and related cashflow/bond modelling
Interacting with clients to discuss, explain and reconcile data the modelling/reporting result.
Assist clients by answering business related questions with the applications.
Assist the team on technical presentations and travel as needed to client sites for on-site visits.
Qualifications:
Undergraduate or graduate degree with emphasis in finance, economics, accounting, math, computer science or related quantitative field
1-3 years of exposure to banking, credit and/or financial industry
Background in structured finance, preferably on the issuer side (mortgages, auto loans, servicing loans, originating loans, and/or securitization of loans)
Strong quantitative skills and ability to translate analysis into actionable tasks
Spreadsheet modelling skills
Working knowledge of RDBMS (Relational Database Management Systems) concepts
Knowledge of SSRS, Crystal Reports experience is a plus
Some coding experience (for example: SQL queries, VBA, Python) is preferred
Ability to prioritize tasks, work on multiple assignments and manage ambiguity
Ability to work both independently and as a part of a team with professionals at all levels
Strong organizational skills, attention to detail and the ability to manage multiple projects with tight deadlines
Relevant working experience in the following areas is a plus (minimum of 6 months experience):
· Mortgage and asset-backed securities
· Accounting Firms
· Corporate Trust
· Mortgage Banking
· Loan Servicing
· Fixed income investments
· Rating Agency
10% travel required
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