Methodology and Model Development Intern

At Moody's, we unite the brightest minds to turn today’s risks into tomorrow’s opportunities. We do this by striving to create an inclusive environment where everyone feels welcome to be who they are-with the freedom to exchange ideas, think innovatively, and listen to each other and customers in meaningful ways. 

If you are excited about this opportunity but do not meet every single requirement, please apply! You still may be a great fit for this role or other open roles. We are seeking candidates who model our values: invest in every relationship, lead with curiosity, champion diverse perspectives, turn inputs into actions, and uphold trust through integrity. 

At Moody's, we unite the brightest minds to turn today’s risks into tomorrow’s opportunities. We do this by striving to create an inclusive environment where everyone feels welcome to be who they are -with the freedom to exchange ideas, think innovatively, and listen to each other and customers in meaningful ways.

If you are excited about this opportunity but do not meet every single requirement, please apply! You still may be a great fit for this role or other open roles. We are seeking candidates who model our values: invest in every relationship, lead with curiosity, champion diverse perspectives, turn inputs into actions, and uphold trust through integrity.

Skills and Competencies

• Strong Analytical Skills: Ability to conduct research, testing, and verification of credit rating models and frameworks.
• Technical Proficiency: Proficiency/understanding of Python (or other coding language) for data analysis and modeling tasks; knowledge of VBA in Excel is desirable.
• Effective Communication: Excellent communication skills to clearly articulate identified issues to the corresponding people.
• Attention to Detail: Highly organized with an emphasis on accuracy and efficiency in handling quantitative data and complex tasks.
• Team Player: Ability to work collaboratively within diverse teams.
• Knowledge of Financial Modeling: Basic understanding of econometric and mathematical modeling techniques in a financial context is preferred.

Education

• Currently enrolled in an undergraduate program in Business, Finance, Economics, Mathematics, Computer Science, or a related field.
• Relevant coursework or experience in econometrics, mathematics, financial modeling, or quantitative analysis.

Responsibilities

• Assist the Model Verification Team in checking and validating financial models.
• Help document verification processes and results
• Participate in training sessions to learn about the company, its operations, and model verification techniques.
• Attend workshops on data analysis, modeling, and relevant software tools.
• Assisting with ad-hoc quantitative analysis and model development tasks as needed
  (i.e. document business logic, training material, user guides , etc. )

About the team

The Methodology and Model Development Group (MMDG) at Moody's is dedicated to the development and maintenance of credit rating methodologies and assessment frameworks. MMDG is responsible for creating and maintaining Credit Rating Quantitative Tools (CRQTs), including models, scorecards, and other analytical tools used in the rating process. These tools and methodologies are integral to ensuring the accuracy and reliability of Moody’s credit ratings.

Annual base salary gross: 1.00 to 5.00. Applicable to Lithuania candidates: The base salary range represents the low and high end of the Moody’s salary range for this position. Actual salaries will vary and will be based on various factors, such as candidate’s qualifications, skills, and competencies. The salary is one component of Moody’s total compensation package for employees. Other rewards and benefits include the following: Medical, Personal Accident, Life Insurance and Time Off.

Moody’s is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability, protected veteran status, sexual orientation, gender expression, gender identity or any other characteristic protected by law.

Candidates for Moody's Corporation may be asked to disclose securities holdings pursuant to Moody’s Policy for Securities Trading and the requirements of the position. Employment is contingent upon compliance with the Policy, including remediation of positions in those holdings as necessary.