S&P Global Market Intelligence
The Role: Evaluator ABS and MBS Valuations
The Team: S&P Global Securitized Products Pricing group provides independent evaluated pricing across Non-agency RMBS, Agency CMOs, Agency Pass-throughs, Consumer ABS, CMBS, European ABS, CDOs and CLOs. IHS Markit’s services are used by key financial institutions to help them optimize their price verification, audit, and risk management processes. The group is based in New York with teams in London and Noida.
The Impact: An opportunity exists for an evaluator role -within the Securitized Products pricing team. An evaluator will be responsible for pricing asset and mortgage-backed securities which are consumed by both internal and external stakeholders. The successful candidate will understand priorities, assigned sectors to be priced, processes to be improved, and balance those with day-to-day business operations activities. The ideal person for this role is organized, analytical, attentive to detail, communicative and execute effectively and efficiently.
What’s in it for you: This is an exciting role for someone who is interested in learning about Securitized Products and broader fixed income market which includes Corporate and Municipal bonds, CDS and Syndicated loans. It will initially focus on mortgage and asset backed products which will expand over time to include other sectors within Securitized Products. It is a dynamic role that entails working with both internal and external stakeholders.
Responsibilities:
- Utilize market color and information from Markit Parsing to better our pricing offering and accurately reflect changes in the market by editing assumptions and refining inputs.
- Evaluate and generate cash flows and prices of Consumer ABS and Non-Agency RMBS sectors daily using internal and industry tools.
- Analyze, research, and remediate client pricing challenges.
- Client relationship management and engagement via pricing challenges, market color, product enhancement, methodology, sales process, and other related matters.
- Work with the development team to build out and improve daily processes and enhance internal systems.
- Assess relative value for securities by analyzing collateral market trends, prepayments, defaults, severity, variability in bond cashflows, and comparisons with other markets.
- Work within Securitized Products and the broader organization to effect change and identify opportunities to grow the business.
What We’re Looking For:
- University Degree (minimum Bachelor) in Financial Engineering / Finance / Economics / Mathematics / Computer Science and 0-3 years’ experience within securitized products strongly preferred
- Understanding of financial markets, knowledge of and exposure to Fixed Income products
- Proven analytical, problem-solving, and quantitative skills. Ability to work under pressure and to meet tight deadlines.
- Must be proficient in Excel.
- Knowledge of SQL, VBA, and other programming languages advantageous
- Strong interpersonal skills to interact professionally with teams, senior members of the organization and clients.
Flexible Working
We pride ourselves on our agility and diversity, and we welcome requests to work flexibly. For most roles, flexible hours and/or an element of remote working are usually possible. Please talk to us at interview about the type of arrangement that is best for you. We will always try to be adaptable wherever we can.
Return to Work
Have you taken time out for caring responsibilities and are now looking to return to work? As part of our Return-to-Work initiative, we are encouraging enthusiastic and talented returners to apply, and will actively support your return to the workplace.
Grade/Level ( relevant for internal applicants only ): 8
The Location: New York, NY
Compensation/Benefits Information (This section is only applicable to US Candidates):
S&P Global states that the anticipated base salary range for this position is $70,000-$85,000. Final base salary for this role will be based on the individual’s geographical location as well as experience and qualifications for the role.
In addition to base compensation, this role is eligible for annual bonus.
This role is eligible to receive additional S&P Global benefits. For more information on the benefits we provide to our employees, please click here .
About Company Statement:
S&P Global delivers essential intelligence that powers decision making. We provide the world’s leading organizations with the right data, connected technologies and expertise they need to move ahead. As part of our team, you’ll help solve complex challenges that equip businesses, governments, and individuals with the knowledge to adapt to a changing economic landscape.
S&P Global Market Intelligence partners with customers to broaden their perspective and operate with confidence by bringing them leading data sources and technologies that embed insight in their daily work.
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: EEO.Compliance@spglobal.com and your request will be forwarded to the appropriate person.
US Candidates Only:The EEO is the Law Poster http://www.dol.gov/ofccp/regs/compliance/posters/pdf/eeopost.pdf describes discrimination protections under federal law.
PDMGDV203 – Entry Professional (EEO Job Group)
Job ID: 285259
Posted On: 2023-05-06
Location: New York, New York, United States