Product Specialist - Model Validation

Your Team's Impact:

The Institutional Buy Side SBU is responsible for the strategy, execution and development of products that will establish FactSet as the premier technology partner for the Analytics investment community. The FactSet QRD (Quantitative Research Development) Model Validation team is looking for a candidate to work with the team in Manila that supports both FactSet's Multi-Asset Class (MAC) and Equity risk models.

FactSet is a leading global provider of financial data, analytics and models, with offices in 35 locations worldwide, including New York, London, Frankfurt, Hong Kong, Singapore, Tokyo, and many more. The Risk Model Validation team collaborates with the Risk Research and the Product Development team to develop new risk models and enhance existing risk models. The team has a crucial role in building a strong brand for FactSet’s risk models by identifying existing risk models' strengths, possible improvements, and necessary changes. The team supports new risk models’ development as well by providing an independent assessment of risk model results to other teams in the Risk QRD group, sales, and clients.

What You'll Do:

• The validation of existing risk models and new risk models.
• The daily monitoring of the risk models and ongoing model validation.
• Support sales/clients by providing customized and standard analysis.
• Creating the model validation documentation for new risk models.
• Maintenance/Enhancement of the Validation Process.

What We Are Looking For:

• University Degree holder preferably in Mathematics, Computer Science, or Finance
• Proficient in both written and spoken English

Required Skills:

• Strong analytical approach and logical thinking
• Attention to details
• At least 2 -3 years of experience
• A keen interest in acquiring knowledge of new technologies
• Problem solving attitude
• Proactively engaging and considering possibilities beyond provided guidelines
• Ability to work on multiple projects with shifting priorities
• Capable of working autonomously as well as in partnership with colleagues across international offices
• Advanced knowledge in Microsoft Excel
• Programming knowledge (VBA, etc.) at any level
• Knowledge of risk analytics and financial markets

**** FOR INTERNAL CANDIDATES ONLY ****

• Knowledge in the following FactSet applications:
  • @PA (Portfolio Analysis 3.0) and FDS coding
  • @US (Universal Screening)
  • @PRB (Portfolio Reporting Batcher)
  • @ADF (Analytics DataFeed)
  • @PD2 (Portfolio Dashboard 2.0)
  • @PHQ (Parser HQ)
  • @FDE (Formula Development Environment)
  • @DC (Data Central 2)
  • @PLM (Portfolio List Manager 2)
• Should have worked/resolved RPDs

**** end of the section for internal candidates ****

Desired Skills:

• External certifications such as FRM or CFA, or working towards these designations

What's In It For You:

At FactSet, our people are our greatest asset, and our culture is our biggest competitive advantage. Being a FactSetter means: 

• The opportunity to join an S&P 500 company with over 45 years of sustainable growth powered by the entrepreneurial spirit of a start-up.

• Support for your total well-being. This includes health, life, and disability insurance, as well as retirement savings plans and a discounted employee stock purchase program, plus paid time off for holidays, family leave, and company-wide wellness days.  

• Flexible work accommodations. We value work/life harmony and offer our employees a range of accommodations to help them achieve success both at work and in their personal lives. 

• A global community dedicated to volunteerism and sustainability, where collaboration is always encouraged, and individuality drives solutions. 

• Career progression planning with dedicated time each month for learning and development. 

• Business Resource Groups open to all employees that serve as a catalyst for connection, growth, and belonging. 

• Salary is just one component of our compensation package and is based on several factors including but not limited to education, work experience, and certifications.