Job: Manager, Modeling Services

Join Moody’s KMV, the world’s leading provider of market-based quantitative credit risk products for credit risk investors. Moody’s KMV’s products are widely used around the globe by credit risk investors, including global and regional banking institutions, buy/sell side organizations and corporations, to assess the risk and return characteristics of portfolios of corporate bonds, commercial and industrial loans, and credit derivatives.

Position: Manager, Modeling Services

Location: New York

Moody's KMV Modeling Services provides credit risk model development, validation and calibration for top global financial institutions. These days many financial institutions are seeking to adhere to Basel II standards. MKMV Modeling Services accesses a wealth of credit research data and information to solve complex credit risk problems for clients and help them reach their goals of effective credit risk management. Modeling Services offers expertise in the areas of: probability of default (PD), loss-given default (LGD), exposure at default (EAD) and non-corporate scorecard development. Clients include major global financial institutions in North America, Europe and Asia.

Primary Responsibilities:

• Lead and perform statistical credit risk model development and validation for banking clients

• Analyze statistical results and utilize experience and MKMV process to recommend optimal credit risk models for clients

• Effectively communicate MKMV process to clients

• Work as part of a team to effectively deliver models, reports and services

• Management of projects to deliver scope tasks in an effective and timely manner is possible and depends upon size of engagement

• Work closely with MKMV research and sales

Minimum Qualifications:

• PhD required. MBA and foreign language skills a plus

• Familiarity with middle-market commercial lending practices, financial statement spread packages and financial institution practices relating to credit risk model management

• Previous experience with PD modeling a must. LGD and EAD modeling and research a plus

• Strong grasp of Basel II guidelines

• Minimum of 3 to 5 years of analytical experience in commercial credit risk modeling, credit risk management and consulting

• Strong project management skills, relationship management skills and analytical abilities essential

• Deep knowledge of SAS required. Matlab, S-Plus skills a plus. Knowledge of Access, Excel and PowerPoint required

• Familiarity with US GAAP, IFRS and accounting principles suggested

• Travel possible (25-50%)

To apply, please send your resume and cover letter to:

Moody’s KMV, HR Job Code: 14050, Email: resumes@mkmv.com ; www.moodyskmv.com

Moody's KMV is an AAP/EEO employer.