Role/Responsibilities: The role will support Moody's Environmental, Social and Governance (ESG) initiatives focusing initially on the development and roll out of analytical tools and research for assessing the credit implications of carbon transition risk for rated entities in the most exposed sectors. The integration of ESG analysis into investment decisions is a fast growing trend in the fixed income market and providing insight into the credit implications of ESG issues is an emerging and highly important area of focus at Moody's. In particular there is a growing market focus on the credit implications of policy and technology shifts that may substantially reduce greenhouse gas emissions globally ("carbon transition risk"). Moody's has published extensive research on this topic with an ambitious plan to create individual sector frameworks for analyzing the implications of carbon transition risk for industrial sectors identified as most exposed. To date we have published such sector frameworks for Unregulated utilities, Auto manufacturers and Oil and Gas.
This role will work with other analytical positions being added to the ESG Initiative that will focus on the roll out of the individual sector frameworks for the other exposed sectors not yet covered. Leveraging that research initiative this role will be focused on rapidly developing market leading innovative research solutions that assist in identifying entities most exposed to this risk and so provide entity level insight into the potential credit implications. In turn, the role will involve working with other parts of Moody's to integrate the use of research solutions into the rating process and associated core research product of those groups. Initial work that has already occurred in this respect has received positive market feedback from investors.
This is a very challenging, high profile opportunity to be part of a team working to establish Moody's as a leading voice in the assessment of ESG issues in credit. The successful candidate will play a critical role in building MIS's capabilities in analyzing carbon transition risk within a very compressed timeframe. It is expected over time that the role will also lead to further opportunities to develop research solutions to assess the credit implications of other ESG issues.
The role will require an experienced, highly motivated candidate with a demonstrated solution orientated approach and strong research, writing, data and analytic abilities. In addition the successful candidate will need to have strong project management capabilities. Having an understanding of, and interest in, carbon transition risk and, more broadly, ESG and sustainability issues, is of key importance to the position.
Provide analytical leadership in developing carbon transition risk analytical tools and associated research
Ensure timely implementation of analytical tools and associated research
Lead analysis to support development and testing of carbon transition risk analytical tools, associated scorecards and frameworks and supporting research
Lead in mapping data requirements using third party data and in developing data capture, validation and recordkeeping systems
Lead in conducting research and writing both in-depth topical research and issuer-focused research reports on carbon transition risk and integrating relevant language into credit opinions
Represent the company in external outreach explaining our views on the carbon transition risk and the analytical approach taken to assess its implications
Coordinate with other internal teams including CFG and PIF ratings team members, CSS, project management and Information Technology team members as needed
Lead in drafting periodic update presentations to senior management on progress in developing the CTR tool
Attend internal discussions, including ESG regional working group meetings, to further the development of MIS's ESG capabilities
Develop a detailed understanding of carbon transition risk and its integration into Moody's ratings
Line of Business: ESG Initiative
Strong academic background - graduate degree or equivalent, preferably in Economics or Finance.
Strong knowledge of ESG and sustainability practices and particularly carbon transition risk is of key importance
Experience in applying very strong knowledge and understanding of credit and/or investment principles via quantitative analysis and publications.
Substantial experience in a credit or investment role at a recognized institution would be advantageous.
Ability to present an argument clearly and concisely, and tailor communication to an audience.
Highly organized and efficient, with ability to multi-task and able to meet tight deadlines
Demonstrated research and writing ability
Excellent interpersonal and communications skills - oral and written
Strong quantitative and data skills and analytical problem solving required
Proficient in MS Excel, Word and PowerPoint; advanced knowledge of MS Excel a plus
Strong team player with the ability to work independently - proactive, flexible, diligent, with the highest ethical standards
Moody's is an essential component of the global capital markets, providing credit ratings, research, tools and analysis that contribute to transparent and integrated financial markets. Moody's Corporation (NYSE: MCO) is the parent company of Moody's Investors Service, which provides credit ratings and research covering debt instruments and securities, and Moody's Analytics, which offers leading-edge software, advisory services and research for credit and economic analysis and financial risk management. The Corporation, which reported revenue of $3.6 billion in 2016, employs approximately 10,700 people worldwide and maintains a presence in 36 countries. Further information is available at www.moodys.com.
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