Financial Modeling Expert
hace 3 semanas
The Model Validation Group at Fitch Group is a team focused on ensuring the quality and consistency of our rating criteria and models. As a key member of this team, you will play a vital role in reviewing and validating all models used in our credit rating analysis.
What We OfferWe provide valuable opportunities for professional growth and development in credit modeling and validation, as well as a good understanding of related credit products, their rating methodology, and criteria. Our model validation specialists work closely with our Criteria Officers to review and approve criteria.
Responsibilities- Review various types of credit rating models, such as default models, cashflow models, capital models, and regression models, covering asset classes including ABS, CMBS, Covered Bonds, RMBS, Structured Credit, corporates, financial institutions, insurance, and sovereigns.
- Review model codes, build replica models, conduct comprehensive testing, discuss review observations with the model owners and developers, and write review reports.
To be successful in this role, you should have:
- A Master's degree in quantitative disciplines or finance.
- 2+ years of experience in financial modelling/analysis.
- The capability to explain and communicate model review observations and model technical aspects clearly.
- Self-motivation with an ability to manage timelines across multiple projects.
- Thorough attention to detail.
- A strong work ethic.
Demonstrated proficiency in programming in Python, R, or quantitative statistical analysis can be beneficial. Previous exposure to credit rating analysis or cash flow modelling can also be an advantage. A Certificate in Quantitative Finance (CQF) is not required but can be advantageous.
Fitch Group offers a competitive salary range: $80,000 - $120,000 per year, depending on your location. Based on industry standards, we estimate the average salary for this position to be around $100,000 per year in Toronto or Barcelona.
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