Lead, Quantitative Modeling

1105 STANDARD & POOR'S FINANCIAL SERVICE; New York (NY); Hybrid; USD 176,000 - 213,000; Full time

Benefits offered by this job

Annual incentive plan

Comprehensive benefits

Job summary

Standard & Poor's Financial Services LLC seeks a Lead, Quantitative Modeling in New York, hybrid work arrangement with telecommuting when not in office within commuting distance. You will develop models and deliver quantitative analyses across ABS, RMBS, CMBS, and CLOs to support independent credit ratings.

The role requires a finance or quantitative degree with 2+ years’ experience and proficiency in Python, C++, VBA, Excel, SQL, and R.

Qualifications

• Bachelor's degree in Finance or quantitative field required with 2+ years in finance or related role.
• Proficiency in Python, C++, VBA, Excel, and SQL; experience with R and data analysis expected.
• Strong understanding of capital markets, financial instruments, model development, and back-testing.

Responsibilities

• Develop models and provide quantitative analyses for credit analysis.Work with SMEs to maintain and deliver quantitative tools across ABS, RMBS, CMBS, CLOs.
• Back-test and validate quantitative models to ensure accuracy and regulatory alignment.

Skills

Python

C++

Excel

VBA

R

SQL

Financial modeling

Data analysis

Education

Bachelor's in Finance / Quantitative Finance / Mathematics

Tools

Oracle

Sybase

Access

Job description

About the Role: Grade Level (for internal use): 12 Company Name: Standard & Poor's Financial Services LLC Job Title: Lead, Quantitative Modeling Location: 55 Water Street, New York, NY 10041 (Hybrid work schedule. On days not in office, telecommuting permitted within normal commuting distance of New York, NY office)

Job Duties:

Standard & Poor's Financial Services LLC seeks a Lead, Quantitative Modeling who will develop models and provide quantitative analysis to enable our analysts to continually produce high quality and transparent credit analysis. Responsible for a vast portfolio of criteria and models spanning Asset-backed securities (ABS), Residential Mortgage-Backed Security (RMBS), Commercial Mortgage-Backed Securities (CMBS), and Structured Credit, including Collateralized Loan Obligations (CLOs) to help global analysts produce independent credit ratings covering Structured Finance securitizations. Work closely with Model and Criteria Subject Matter Experts (SMEs) responsible for developing, maintaining, and delivering a growing portfolio of cutting-edge quantitative tools. Provide quantitative analysis and research to grow our relevance in an evolving market by synthesizing, analyzing, and deriving value from datasets, developing and delivering innovative analytic solutions and tools, and helping to build data analytics capabilities across Methodologies.

Job Requirements:

• Bachelor’s degree in Finance, including Quantitative and Computational Finance, Mathematics, or a related quantitative or financial field, plus two (2) years of experience in finance or a related occupation.
• Two (2) years of experience must include: Excel/ Visual Basic for Applications (VBA), Python and C++ programming languages; Utilizing R language; Knowledge of capital markets and financial instruments; Utilizing SQL and databases such as Oracle, Sybase, or Access; Statistical and numerical analytics; Analyzing large datasets; Designing quantitative solutions to enhance model effectiveness and robustness; Performing rigorous back-testing and validation of quantitative models to ensure accuracy and alignment with regulatory and organizational standards.

The anticipated base salary range for this position is $175,728 to $212,975. Final base salary for this role will be based on the individual’s geographic location, as well as experience level, skill set, training, licenses & certifications. In addition to base compensation, this role is eligible for an annual incentive plan. Standard & Poor's Financial Services LLC is part of S&P Global and this role is eligible to receive additional S&P Global benefits. For more information on the benefits we provide to our employees, please see: https://spgbenefits.com/benefit-summaries/us.

About S&P Global Ratings

At S&P Global Ratings, our analyst-driven credit ratings, research, and sustainable finance opinions provide critical insights that are essential to translating complexity into clarity so market participants can uncover opportunities and make decisions with conviction. By bringing transparency to the market through high-quality independent opinions on creditworthiness, we enable growth across a wide variety of organizations, including businesses, governments, and institutions. S&P Global Ratings is a division of S&P Global (NYSE: SPGI). S&P Global is the world’s foremost provider of credit ratings, benchmarks, analytics and workflow solutions in the global capital, commodity and automotive markets. With every one of our offerings, we help many of the world’s leading organizations navigate the economic landscape so they can plan for tomorrow, today.

For more information, visit www.spglobal.com/ratings

What’s In It For You?

Our Mission: Advancing Essential Intelligence. Our People: We're more than 35,000 strong worldwide—so we're able to understand nuances while having a broad perspective. Our team is driven by curiosity and a shared belief that Essential Intelligence can help build a more prosperous future for us all.From finding new ways to measure sustainability to analyzing energy transition across the supply chain to building workflow solutions that make it easy to tap into insight and apply it. We are changing the way people see things and empowering them to make an impact on the world we live in. We’re committed to a more equitable future and to helping our customers find new, sustainable ways of doing business. Join us and help create the critical insights that truly make a difference.

Our Values: Integrity, Discovery, Partnership

Throughout our history, the world's leading organizations have relied on us for the Essential Intelligence they need to make confident decisions about the road ahead. We start with a foundation of integrity in all we do, bring a spirit of discovery to our work, and collaborate in close partnership with each other and our customers to achieve shared goals.

Benefits

• Health & Wellness: Health care coverage designed for the mind and body.
• Flexible Downtime: Generous time off helps keep you energized for your time on.
• Continuous Learning: Access a wealth of resources to grow your career and learn valuable new skills.
• Invest in Your Future: Secure your financial future through competitive pay, retirement planning, a continuing education program with a company-matched student loan contribution, and financial wellness programs.
• Family Friendly Perks: It’s not just about you. S&P Global has perks for your partners and little ones, too, with some best-in class benefits for families.
• Beyond the Basics: From retail discounts to referral incentive awards—small perks can make a big difference.

For more information on benefits by country visit: https://spgbenefits.com/benefit-summaries

Global Hiring and Opportunity at S&P Global

At S&P Global, we are committed to fostering a connected and engaged workplace where all individuals have access to opportunities based on their skills, experience, and contributions. Our hiring practices emphasize fairness, transparency, and merit, ensuring that we attract and retain top talent. By valuing different perspectives and promoting a culture of respect and collaboration, we drive innovation and power global markets.

S&P Global Securities Disclosure and Trading Policy

S&P Global has a Securities Disclosure and Trading Policy (“the Policy”) that seeks to mitigate conflicts of interest by monitoring and placing restrictions on personal securities holding and trading. The Policy is designed to promote compliance with global regulations. In some Divisions, pursuant to the Policy’s requirements, candidates at S&P Global may be asked to disclose securities holdings. Some roles may include a trading prohibition and remediation of positions when there is an effective or potential conflict of interest. Employment at S&P Global is contingent upon compliance with the Policy.

Equal Opportunity Employer

S&P Global is an equal opportunity employer and all qualified candidates will receive consideration for employment without regard to race/ethnicity, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, marital status, military veteran status, unemployment status, or any other status protected by law. Only electronic job submissions will be considered for employment. If you need an accommodation during the application process due to a disability, please send an email to:[e-mail] your request will be forwarded to the appropriate person. US Candidates Only: Know Your Rights: Workplace discrimination is illegal

Job Category Codes

20 - Professional (EEO-2 Job Categories-United States of America), ANLYTC202.2 - Middle Professional Tier II (EEO Job Group), SWP Priority – Ratings - (Strategic Workforce Planning)