Model Review Analyst - Buenos Aires, Argentina - S&P Global

Descripción

About the Role:

Grade Level (for internal use):

09

The Team:

The mission of the Pricing Quality & Model Governance team is to monitor, identify risk and develop effective remediation plans that mitigates risk across two of the core businesses of S&P Global Commodity Insights: benchmark pricing and analytics. This team sits within the expanding Business Controls & Quality team, which plays an integral role in mitigating evolving risk across the division, ensuring that this role will have consistent exposure to senior leadership and an opportunity for significant upskilling through real-world application.

Responsibilities and Impact:

This first-line of defense role sits within the Pricing Quality & Model Governance team with a specific focus on identifying and mitigating model risk within the analytics business through comprehensive quantitative deep dives of existing analytical models, and application of advanced statistical and energy market knowledge and programming. This brings this role into direct communication with front-line analysts and senior leadership and is empowered to develop scalable remediation plans. Beyond, this role will have a direct responsibility in supporting high profile initiatives, such as building a more robust model governance structure and helping integrate the modeling activities of various business lines into a combined Commodity Insights division. This role will support key activities such as:

• Conducting analytical deep dives on models that identify risk within the existing modeling environment and mitigate that risk through scalable and enforceable remediation plans
• Applying advanced statistical knowledge and programming skills to identify areas of key risk within model ecosystem
• Linking known risks to existing ERM taxonomy for more informed decisions at the divisional level
• Communicating review findings and remediation plans with senior leadership, and escalating where needed
• Coordinating across various teams, including IT, modeling, and analytics, to support timely and effective implementation of remediation plans
• Supporting the build out of model governance principles that fosters a more robust modeling environment
• Collaborating with colleagues within different divisions to integrate and centralize all modeling activity within division
• Developing a firmer understanding of energy markets through analytical deep dives and leveraging existing expertise across various Commodity Insights teams to foster "effective challenge" of models

Responsibilities:

Delivering model reviews under the banners of "Conceptual Soundness" and "Completeness & Accuracy of Code":

• "Conceptual Soundness" examines
• the documentation and methodology
• model assumptions
• context
• limitations and/or violations
• modeling concepts and comparisons to alternative theories/paradigms
• qualitative & expert judgement; and
• the choice of variables amongst other considerations.
• "Completeness & Accuracy of Code" looks at
• applicable standards such as the FAST standard for spreadsheets and other structured programming standards for programming codes such as Matlab or C++ for example
• algorithmic implementation and replicability
• formulae and any automated processes
• User Acceptance Testing
• code review; and
• model and algorithmic variations (e.g. the choice from a plethora of numerical techniques).

What We're Looking For:

Basic Required Qualifications:

• Undergraduate degree required
• Professional proficiency in English
• Quantitative mindset with a strong knowledge of advanced statistics, mathematics, econometrics, and programming, particularly Python, Matlab, SQL, and C++ Firm understanding about model risk and other regulatory standards, such as the Federal Reserve Board's SR11-7, or other relevant standards
• 2+ years' experience in application of model risk, or identification and application of other risk theorems
• Proactive in the identification of model risk items to senior leadership and in the completion of tasks
• Ability to communicate effectively, both written and verbally, is essential given stakeholders that will be receiving and acting upon model review findings
• Strong interpersonal skills and ability to work with colleagues across a wide range of expertise and backgrounds. Building relationships is essential in this role.
• Foundational understanding of energy markets and its drivers, as well as the identification of risk and application of mitigation
• Self-motivated with an eagerness to build upon this foundation knowledge through independent learning and interactions with experienced colleagues
• Organized with effective time management skills to ensure multiple streams of work are completed on time and to a high standard
• Strong lean / agile mindset

Additional Preferred Qualifications:

• MSc degree preferred, or PhD in advanced statistics, econometrics, or mathematics *Please submit your resume in English. The recruiting process will take place in English.*

About S&P Global Commodity Insights

At S&P Global Commodity Insights, our complete view of global energy and commodities markets enables our customers to make decisions with conviction and create long-term, sustainable value.

We're a trusted connector that brings together thought leaders, market participants, governments, and regulators to co-create solutions that lead to progress. Vital to navigating Energy Transition, S&P Global Commodity Insights' coverage includes oil and gas, power, chemicals, metals, agriculture and shipping.

S&P Global Commodity Insights is a division of S&P Global (NYSE: SPGI). S&P Global is the world's foremost provider of credit ratings, benchmarks, analytics and workflow solutions in the global capital, commodity and automotive markets. With every one of our offerings, we help many of the world's leading organizations navigate the economic landscape so they can plan for tomorrow, today.

For more information, visit .

What's In It ForYou?

Our Purpose:

Progress is not a self-starter. It requires a catalyst to be set in motion. Information, imagination, people, technology–the right combination can unlock possibility and change the world.

Our world is in transition and getting more complex by the day. We push past expected observations and seek out new levels of understanding so that we can help companies, governments and individuals make an impact on tomorrow. At S&P Global we transform data into Essential Intelligence, pinpointing risks and opening possibilities. We Accelerate Progress.

Our People:

We're more than 35,000 strong worldwide—so we're able to understand nuances while having a broad perspective. Our team is driven by curiosity and a shared belief that Essential Intelligence can help build a more prosperous future for us all.

From finding new ways to measure sustainability to analyzing energy transition across the supply chain to building workflow solutions that make it easy to tap into insight and apply it. We are changing the way people see things and empowering them to make an impact on the world we live in. We're committed to a more equitable future and to helping our customers find new, sustainable ways of doing business. We're constantly seeking new solutions that have progress in mind. Join us and help create the critical insights that truly make a difference.

Our Values:

Integrity, Discovery, Partnership

At S&P Global, we focus on Powering Global Markets. Throughout our history, the world's leading organizations have relied on us for the Essential Intelligence they need to make confident decisions about the road ahead. We start with a foundation of integrity in all we do, bring a spirit of discovery to our work, and collaborate in close partnership with each other and our customers to achieve shared goals.

Benefits:

We take care of you, so you can take care of business. We care about our people. That's why we provide everything you—and your career—need to thrive at S&P Global.

Our benefits include:

• Health & Wellness: Health care coverage designed for the mind and body.
• Flexible Downtime: Generous time off helps keep you energized for your time on.
• Continuous Learning: Access a wealth of resources to grow your career and learn valuable new skills.
• Invest in Your Future: Secure your financial future through competitive pay, retirement planning, a continuing education program with a company-matched student loan contribution, and financial wellness programs.
• Family Friendly Perks: It's not just about you. S&P Global has perks for your partners and little ones, too, with some best-in class benefits for families.
• Beyond the Basics: From retail discounts to referral incentive awards—small perks can make a big difference.

For more information on benefits by country visit:

Diversity, Equity, and Inclusion at S&P Global:

At S&P Global, we believe diversity fuels creative insights, equity unlocks opportunity, and inclusion drives growth and innovation – Powering Global Markets. Our commitment centers on our global workforce, ensuring that our people are empowered to bring their whole selves to work. It doesn't stop there, we strive to better reflect and serve the communities in which we live and work, and advocate for greater opportunity for all.

Equal Opportunity Employer

S&P Global is an equal opportunity employer and all qualified candidates will receive consideration for employment without regard to race/ethnicity, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, marital status, military veteran status, unemployment status, or any other status protected by law. Only electronic job submissions will be considered for employment.

If you need an accommodation during the application process due to a disability, please send an email to: and your request will be forwarded to the appropriate person.

US Candidates Only: The EEO is the Law Poster describes discrimination protections under federal law.

20 - Professional (EEO-2 Job Categories-United States of America), ANLYTC Middle Professional Tier I (EEO Job Group), SWP Priority – Ratings - (Strategic Workforce Planning)

Job ID: 298360

Posted On:

Location: Buenos Aires, Argentina