Job Information
Markit North America, Inc. Business Process Subject Matter Expert (SME) in New York, New York
Markit North America, Inc. seeks a Business Process Subject Matter Expert (SME) who will analyze the existing collateralized loan obligation (CLO) pricing process and identify areas for improvement and automation. Work closely with other team members to understand requirements and develop a comprehensive process design strategy. Formulate an automation strategy to streamline the pricing process, reduce manual effort, and enhance accuracy. Design and develop advanced financial models for CLO pricing, incorporating statistical techniques, machine learning algorithms, and market data. Ensure our models capture the complexity and dynamics of the CLO market’s daily movements and enable the team to react seamlessly to market events. Collaborate with parsing teams to establish robust data pipelines and ensure data integrity. Identify and integrate relevant data sources required for accurate pricing inputs. Utilize automation tools and technologies to automate manual tasks and streamline the pricing process. Gather relevant data sets, which can include historical CLO pricing data, credit market news, economic indicators and any other relevant loan market information. Develop techniques to extract the information collected to help gauge the effects of market movement on CLO pricing and automate the universe pricing using trend analysis. Utilize quantitative methods to assess the impact of CLO exchange-traded funds (ETFs) and Index movements on the credit quality, liquidity and overall performance of CLO pricing. Utilize statistical techniques or machine learning algorithms to incorporate CLO ETF and index movements into the CLO pricing model. Develop a process that incorporates the influence of these external resources on the daily valuation of CLOs.Telecommuting permitted within reasonable commuting distance of New York, NY office.REQUIREMENTS: Bachelor’s degree in Finance, Financial Engineering, Statistics, or related quantitative field, plus one (1) year of experience in the job offered or in a related occupation. One (1) year of experience must include: Collateralized Loan Obligation (CLO) structures, including various tranches, waterfall structures, and cash flow modeling; Intex model and scenario analysis; Financial modeling and pricing techniques using Excel, SQL, and VBA; Interpreting complex data and performing financial analysis; Analyzing CLOs and structured credit products, accounting for market dynamics and risk factors; Articulating complex pricing, valuation, and financial analysis concepts to technical and non-technical stakeholders.The anticipated base salary range for this position is $94,621 to $139,800. 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. Markit North America, Inc. 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. Send resume to PeopleMovementSupport@spglobal.com, ref # 306932 (Business Process SME).
Minimum Salary: 94,621 Maximum Salary: 139,800 Salary Unit: Yearly