eFinancialCareers

• Company

  Moody's Corporation

• Location

  UK-London

• Compensation

  Not Specified

• Position Type

  Permanent

• Employment type

  Full time

• Updated

  24 Nov 2009

• eFC Ref no

  575608

The Company



Moody's Investors Service is among the world's most respected, widely utilized sources for credit ratings, research and risk analysis. Moody's commitment and expertise contributes to transparent and integrated financial markets, protecting the integrity of credit. The firm publishes

The Company



Moody's Investors Service is among the world's most respected, widely utilized sources for credit ratings, research and risk analysis. Moody's commitment and expertise contributes to transparent and integrated financial markets, protecting the integrity of credit. The firm publishes market-leading credit opinions, deal research and commentary, serving more than 8,700 customer accounts worldwide. Moody's integrity and deep market expertise have earned it the trust of capital market participants worldwide. Our ratings and analysis track debt covering more than 100 sovereign nations, 11,000 corporate issuers, 26,000 public finance issuers, and 110,000 structured finance obligations. Moody's maintains offices in most of the world's major financial centers and employs approximately 3,600 people worldwide, including more than 1,000 analysts. Moody's Investors Service is a subsidiary of Moody's Corporation (NYSE: MCO). The corporation reported revenue of $2.3 billion in 2007. Additional information about the company is available at www.moodys.com.

Department



The EMEA Structured Finance Group reviews a wide range of complex and innovative products, including mortgage and asset backed securities, collateralised bond obligations, credit derivatives and asset backed commercial paper and repackaged bond transactions. The EMEA Structured Finance Group is segregated into seven main areas: 1. ABS - Asset Backed Securities 2. ABCP - Asset Backed Commercial Paper 3. Derivatives - Collateralised Debt Obligations & Repackaging Programmes 4. MBS - (Residential) Mortgage Backed Securities 5. CMBS - Commercial Mortgage Backed Securities & Property Related Operating Deals 6. Covered Bonds We require individuals who are able to lead our analysis of specific transactions and to further our rating methodologies. Candidates must have the ability to assess complex and innovative securitisation structures across all major European markets (also within new markets such Eastern Europe, Russia and Middle East) and be comfortable in conducting operational reviews of issuers and interact with market participants at all levels.

Responsibilities



We are looking for an analyst to work within the Covered Bonds team in London. The successful candidate will be responsible for rating transactions backed by residential, commercial and public sector loans. This role is ideal for an experienced Lawyer who is seeking hands on deal related experience and the responsibility to form a view on all credit aspects of a structure. The successful applicant will from the start take responsibility for structural and documentation review and be able to form independent views on credit matters. Over time credit skills will be expected to develop, along with other skills such as collateral analysis and use of credit rating models. Key Responsibilities: - Reviewing legal documentation and opinions to form a view on key structural issues - Analysing all credit aspects of Covered Bonds. - Close cooperation with both the covered bond team and external market participants such as originators, law firms and investors. - Role will also include preparing and publishing articles on relevant topics to aid in communicating Moody's methodologies to other market participants.

Experience



- Proven experience within a law firm or financial institution, working in the Structured Finance markets. - Extensive legal document review - Logical analytical thought process. - Good understanding and knowledge of financial markets and structured products. - Willingness to learn and enjoy working in challenging working environment. - Understands the role of ratings agencies in credit markets.

Qualifications



- Fully Qualified Lawyer.

Key Tech and Non-Tech Skills



Key Skills - Technical - Proven analytical capacity. Key Skills - Non Technical - Strong interpersonal and communication skills - Highest ethical standards - Professional, pro-active, flexible, diligent and dependable - Ability to adapt to changing market conditions and business environment - Being able to work autonomously - Ability to build strong professional relationships at all levels and represent the Moody's brand effectively at senior level. - Strong sense of urgency, and a pro-active can do approach. - Ability to work on own initiative, without the need for close supervision. - Highly organised and efficient, with ability to multi-task and able to meet tight deadlines. - Sound judgement capable of developing independent opinion and defending own views.

Languages



- Ability to work in English and French .A good knowledge of Italian would be beneficial

Equal Employment Opportunity



Moody's Corporation is committed to equal opportunities and diversity in its recruitment practices. We welcome applications from all sections of the community and are dedicated to the fair and equal treatment of potential and existing employees, candidates and clients regardless of sex, marital status, ethnic origin, religion, disability, sexual orientation or age