Associate - Risk and Finance Analytics Advisory

Location: San Francisco, CA, USA

Role/Responsibilities:

This posting is for a position within Risk and Finance Analytics (RAFA), a business unit of ERS. RFA Advisory Associates work alongside other consultants under the guidance of Engagement Managers to solve regulatory and business challenges faced by today's financial institutions. Generally, engagements involve the development, customization, and implementation of credit portfolio and risk measurement solutions. Associates will gain first-hand experience applying their skills to solve our clients' real-world problems, and to help interpret the results in a business context. Ideal candidates for this role will also be able to conduct research projects with limited oversight, have strong communication (verbal and presentation) and organizational skills, be detail oriented, and possess strong quantitative abilities.

Associates will have the opportunity to learn and become highly proficient at quantifying risk in credit portfolios of commercial banks and other financial institutions. Examples of analysis include working with large datasets, forecasting defaults and loss severities, estimating loss reserves, stress testing, and conducting other types of empirical analysis. The candidate will need to possess the ability to break down their analysis into detailed steps and explain the process used to arrive at results.

Travel requirements generally around 20%, but the actual frequency may vary depending on client needs.

Representative projects in RAFA Advisory, San Francisco include advising clients on meeting the CECL and IFRS-9 requirements, with a particular focus on the measurement of the impact on the credit portfolios, CCAR/DFAST stress testing, economic capital analysis, risk-based pricing, risk rating enhancement, PD/LGD/EAD modeling, ALLL quantification and Basel II/III implementation. RAFA advisory staff work closely with Moody's Analytics Research team and leverage data and research from multiple sources across Moody's Corporation.

Department/Team:

Enterprise Risk Solutions

Qualifications:
  • Bachelor's degree in Statistics, Math, Engineering, Economics or related field
  • Coursework in Statistics, Probability, Calculus, Econometrics etc.
  • Working knowledge of statistical software such as R, MATLAB, WPS, SAS, Stata, Minitab, etc.
  • Proficiency in Microsoft Office Products such as Excel, PowerPoint, Word, etc.
The following would be a plus:
  • Master's degree in a quantitative field
  • Experience in Visual Basic, SQL or other similar programming languages
  • Work Experience at a commercial bank or management consulting firm
  • Familiarity with Moody's products (RiskCalc, CMM, RiskFrontier, CreditEdge, etc.)
  • Professional designations such as CFA, FRM, and PRM


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 $3.5 billion in 2015, employs approximately 10,400 people worldwide and maintains a presence in 36 countries. Further information is available at www.moodys.com.

Moody's is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, sex, gender, age, religion, national origin, citizen status, marital status, physical or mental disability, military or veteran status, sexual orientation, gender identity, gender expression, genetic information, or any other characteristic protected by law. Moody's also provides reasonable accommodation to qualified individuals with disabilities in accordance with applicable laws. If you need to inquire about a reasonable accommodation, or need assistance with completing the application process, please email accommodations@moodys.com.. This contact information is for accommodation requests only, and cannot be used to inquire about the status of applications.

For San Francisco positions, qualified applicants with criminal histories will be considered for employment consistent with the requirements of the San Francisco Fair Chance Ordinance. For New York City positions, qualified applicants with criminal histories will be considered for employment consistent with the requirements of the New York City Fair Chance Act. For all other applicants, qualified applicants with criminal histories will be considered for employment consistent with the requirements of applicable law.

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MIS and MSS Candidates are asked to disclose securities holdings pursuant to Moody's Policy for Securities Trading. Employment is contingent upon compliance with the Policy, including remediation of positions in those holdings as necessary.