Assistant Vice President, Data Scientist

  • Competitive
  • New York, NY, USA
  • Permanent, Full time
  • IHS Markit
  • 23 Sep 16

Markit is looking for a data scientist to join our Fixed Income Pricing Product Development team. This is a unique opportunity to join a growing team of creative and highly motivated individuals working on building and enhancing data driven product offerings. You will be joining a fast past and dynamic environment and will have the ability to make a significant impact on the business. The ideal candidate is an independent self-starter with good understanding of basic statistical methods for data analysis as well as various machine learning techniques. Ability to effectively communicate ideas is a must.

Department Overview

Markit Fixed Income Product Development team is responsible for building and enhancing Markit’s Fixed Income pricing products. The team manages the entire product development lifecycle from data analysis and idea generation to defining product methodologies, prototyping, overseeing development and testing the final product. Asset classes covered include CDS, loans, bonds, equities and securitized products. Products include pricing, liquidity, fair value estimation as well as various derived data sets.

Duties and Accountabilities

You will be working with senior product managers on projects to maintain and enhance our pricing systems as well as develop new data driven product offerings. You will be applying various statistical tools to analyse large financial datasets looking for trends and relationships between variables. You will also be building prototypes to test new methodologies.

Business Competencies

Education and experience • Finance or Quantitative Bachelor’s degree required • Graduate-level degree with concentration in a quantitative discipline is highly preferred • Technical competency working with large amounts of data using R and SQL • Knowledge of statistical modelling techniques such as linear regression, logistic regression, GLM, tree models and cluster analysis is a strong plus • Java/Python knowledge is a plus Commercial awareness • High degree of commercial awareness and motivated by commercial impact

Personal Competencies

Personal impact • Enthusiastic, energetic, organized and detail oriented • Strong problem solving skills and analytical mind set • Possess ability to work independently and be self-starter • Must be flexible and adaptable Communication • Good presentation and communication skills with the ability to clearly articulate product and market direction Teamwork • Team player and able to interact with product, operations and technical teams in a professional manner

Company Overview

Markit is a leading global diversified provider of financial information services. We provide products that enhance transparency, reduce risk and improve operational efficiency. Our customers include banks, hedge funds, asset managers, central banks, regulators, auditors, fund adminis trators and insurance companies. Founded in 2003, we employ over 4,200 people in 10 countries. Markit shares are listed on Nasdaq under the symbol MRKT. For more information, please see www.markit.com