Quantitative Validation (Quality Engineering)

Your Team responsibilities

The Risk Analytical QA Team is responsible for developing and implementing the validation processes and procedures for industry adopted financial instruments, statistics, stress tests and reporting. Our goal is to ensure the ’highest level quality’ and the ’fastest time to market’ in the industry for financial products. This is an exciting role that lies on the cusp of finance and technology. As a key member of this team, the candidate will have direct responsibilities for ensuring that MSCI market-leading analytics continue to provide clients exceptional analytics quality and sophistication. The members of the Risk Analytical QA team work on complex issues where analysis is required to determine the root source of problems and associated factors. The candidate must be detail-oriented and capable to coordinate multi-task assignments in a timely and independent fashion.

What we will offer you: Depending on your location of your role, you can expect …

• Competitive fixed and variable compensation, holiday/vacation allowance & retirement savings plans/pensions
• Employee Resource Groups to support you in and out of the office
• A wide range of benefits including – healthcare, dental plans, risk insurances and (location dependent) – cycletowork schemes, gym benefits, retail discounts,
• A purposeful approach to Wellbeing including training, support networks, membership to wellness platforms and vendors, and active local office communities
• A specific and deliberate planning to the physical offices in which we work, and support for everyone spending periods of time working remotely or at home. This approach mirrors our commitment to transparency and sustainability and puts the safety and wellness of our employees at the center of all we do. We aim to provide productive and sustainable work environments and technology that encourages collaboration, creativity and innovation.

Your key responsibilities

The candidate will have opportunity to work on innovative financial models, for pricing as well as risk management, utilizing the latest technologies. The candidate will learn about our clients’ needs and validate the quantitative models that fulfill those needs. The members of our team have opportunities to contribute in a broad set of roles including: studying functional, non-functional and analytic specifications, developing test plans and test cases, verifying formulas and implementing and using automated test tools.

The candidate will be exposed on a daily basis to the following topics. Knowledge of these areas is not required, however a strong motivation to learn is a must.

• Pricing and risk models for exotic derivatives, fixed income asset classes, credit derivatives and securitized products

• Portfolio level risk analysis

• VaR methodology

• Automation framework, built with state-of-the-art technologies, for validation of the models

The candidate will also have responsibilities on a daily basis to a range of areas:

• Develop and extend independent validation tools which are used to ensure accuracy for all numbers produced by our analytics engines

• Analyze and extend the analytics regression tests to ensure the complete and efficient coverage for all analytics engine statistics and asset types

• Work with the Risk Research and Analytics Development teams to evaluate manual and regression test differences, check requirements and extend test case coverage

• Ensure that all daily test processes are completed successfully and resolve problems with the assistance of the research and development teams

Your skills and experience that will help you excel

• Strong motivation to learn about financial markets

• Strong technical skills, experiences in automated testing is a plus

• Experiences in analytics field, experiences in securitized product, risk management or derivatives pricing is a plus

• Strong written and oral proficiency in English

• Interest working in an environment that combines finance and technology

• Strong sense of ownership with projects

• Willing to work in a global team environment

• Relevant work experience in model validation is desired

• Experience with a programming language (e.g. Matlab, Python, R, C++, C#) is a plus

• Master’s degree or PhD with focus in finance, quantitative finance, financial mathematics, mathematics, physics, statistics or another quantitative field is a plus

How we’ll support you

• Coaching and support from experts in your team
• A performance and growth-oriented culture and values
• Opportunities for continuous learning to aid progression
• Goal based objectives and development plans
• Transparent performance-based compensation schemes
• Employee resource groups such as the Women’s Leadership Forum, MSCIPRIDE, Black Leadership Network and Eco-Groups.

About MSCI and our teams:

MSCI is a market leader in Global Indexes, Smart Beta, ESG and Risk Management, and is at the forefront of the secular trends dominating the financial services landscape today. We are committed to the future sustainability and transparency of the financial markets. We create innovative products and services that allow our clients to make more informed investment decisions, and we provide investors with critical performance measurement and risk management data and analytics. Click here to see what we do (link to MSCI brochure)

Our values define the working environment we strive to create. We are inclusive, we champion bold ideas, we always pursue excellence, and always act with integrity. Personal accountability and responsibility are key to success, and we always work as a team to remain client centric.

MSCI is committed to developing a culture and workforce that reflects the clients and communities in which we operate. Increasing our diversity expands our talent pool which helps to accelerate innovation in all we do. We especially encourage members of historically underrepresented groups to apply, including women, ethnic minorities and those in the LGBTQ community.

To all recruitment agencies: MSCI does not accept unsolicited CVs/Resumes. Please do not forward CVs/Resumes to any MSCI employee, location or website. MSCI is not responsible for any fees related to unsolicited CVs/Resumes.

MSCI Inc. is an equal opportunity employer committed to diversifying its workforce. It is the policy of the Firm to ensure equal employment opportunity without discrimination or harassment on the basis of race, color, religion, creed, age, sex, gender, gender identity, sexual orientation, national origin, citizenship, disability, marital and civil partnership/union status, pregnancy (including unlawful discrimination on the basis of a legally protected pregnancy/maternity leave), veteran status, or any other characteristic protected by law.