Model Validator - Fixed Income
: Job Details :


Model Validator - Fixed Income

LSEG (London Stock Exchange Group)

Location: Buffalo,NY, USA

Date: 2024-12-03T19:32:51Z

Job Description:

About Us:

LSEG (London Stock Exchange Group) is more than a diversified global financial markets infrastructure and data business. We are dedicated, open-access partners with a dedication to excellence in delivering the services our customers expect from us. With extensive experience, deep knowledge and worldwide presence across financial markets, we enable businesses and economies around the world to fund innovation, manage risk and create jobs. It's how we've contributed to supporting the financial stability and growth of communities and economies globally for more than 300 years.Through a comprehensive suite of trusted financial market infrastructure services - and our open-access model - we provide the flexibility, stability and trust that enable our customers to pursue their ambitions with confidence and clarity.

LSEG is headquartered in the United Kingdom, with significant operations in 70 countries across EMEA, North America, Latin America and Asia Pacific. We employ 25,000 people globally, more than half located in Asia Pacific.

Role Description:

A team within LSEG 1LoD Analytics division is hiring a candidate with background in quantitative model risk to work on the development of model risk solutions for Analytics clients. The role requires knowledge of model testing and validation techniques as well as good writing skills. The work will primarily focus on creating client facing model validation reports and will also include developing proof of concepts, prototyping and participating in internal model review working groups. Ideal candidate will have a practical experience in Python coding, and work experience in model validation or model development. This role reports to the Head of Model Validation Solutions within D&A Analytics team.

Key Responsibilities:

As a successful candidate you will develop an understanding of LSEG Analytics suite of prepayment/MBS models and associated products. At LSEG Analytics we work as a single team across Research, Engineering and Product divisions to achieve our objectives, therefore you should be prepared to working with people but also being able to research and work on your own! You will be reviewing model assumptions, mathematical formulations and implementation while studying the models and working with model owners. The key objective will be developing client-facing model documentation and testing and monitoring frameworks. We consider automation and tooling as a key component of how we operate and you will have an opportunity to shape our future model risk products and workflows.

Candidate Profile / Key Skills:

We are looking for a candidate with strong analytical skills who have experience and interest in mortgage modelling and securitised products, which will be the focus of the role, and will require an ability to articulate complex details to our internal and external partners and clients. Your experience can also lie in credit model validation or model build. You will need attention to details and positive way to problem solving, and also an organized, well-researched and thoughtful approach to work.

Qualifications and Experience:

  • Experience in model build or model validation roles
  • strong writing skills as this role involves creating client -facing reports. You will also require to have good Python coding skills. Although the requirements are tightly aligned with a conventional model validation role, you will get involved into various automation projects. Your curiosity and interest in broader range of technology solutions will be an advantage.
  • MSc degree or equivalent in Engineering, Mathematics, Statistics, Physics or other related subjects
  • PhD degree is an advantage

Compensation/Benefits Information (New York applicants only):

LSEG is committed to offering competitive Compensation and Benefits. The anticipated base salary for this position is $113,400 - $210,800. Please be aware base salary ranges may vary by geographic location, city and state. In addition to our offered base salary, this role is eligible for our Annual Incentive Plan (AIP/ bonus plan ). Target AIP rates will be commensurate with role level and posted career stage. Individual salary will be reflective of job related knowledge, skills and equivalent experience. LSEG roles (excluding internships and part-time roles of less than 20 hours per week) are typically eligible for inclusion in our LSEG Benefits program, which includes offerings of: Annual Wellness Allowance, Paid time-off, Medical, Dental, Vision, Flex Spending & Health Savings Options, Prescription Drug plan, 401(K) Savings Plan and Company match. LSEG's Benefits plan also includes basic life insurance, disability benefits, emergency backup dependent care, adoption assistance commuter assistance etc.

LSEG is a leading global financial markets infrastructure and data provider. Our purpose is driving financial stability, empowering economies and enabling customers to create sustainable growth.

Our purpose is the foundation on which our culture is built. Our values of Integrity, Partnership, Excellence and Change underpin our purpose and set the standard for everything we do, every day. They go to the heart of who we are and guide our decision making and everyday actions.

Working with us means that you will be part of a dynamic organisation of 25,000 people across 65 countries. However, we will value your individuality and enable you to bring your true self to work so you can help enrich our diverse workforce. You will be part of a collaborative and creative culture where we encourage new ideas and are committed to sustainability across our global business. You will experience the critical role we have in helping to re-engineer the financial ecosystem to support and drive sustainable economic growth. Together, we are aiming to achieve this growth by accelerating the just transition to net zero, enabling growth of the green economy and creating inclusive economic opportunity.

LSEG offers a range of tailored benefits and support, including healthcare, retirement planning, paid volunteering days and wellbeing initiatives.

We are proud to be an equal opportunities employer. This means that we do not discriminate on the basis of anyone's race, religion, colour, national origin, gender, sexual orientation, gender identity, gender expression, age, marital status, veteran status, pregnancy or disability, or any other basis protected under applicable law. Conforming with applicable law, we can reasonably accommodate applicants' and employees' religious practices and beliefs, as well as mental health or physical disability needs.

Please take a moment to read this privacy notice carefully, as it describes what personal information London Stock Exchange Group (LSEG) (we) may hold about you, what it's used for, and how it's obtained, your rights and how to contact us as a data subject.

If you are submitting as a Recruitment Agency Partner, it is essential and your responsibility to ensure that candidates applying to LSEG are aware of this privacy notice.

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