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Product Specialist - Model Validation

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FactSet

Jan 21, 2025

  • Job
    Full-time
    Mid & Senior Level
  • Data
    Banking & Finance
  • Manila
  • Quick Apply

AI generated summary

  • You should have a degree in Math, Computer Science, or Finance, strong analytical skills, programming knowledge, advanced Excel, and familiarity with various FactSet applications and financial markets.
  • You will develop and improve tools, document specifications, ensure backtest data integrity, run tests, analyze results, and collaborate with product teams.

Requirements

  • University Degree holder preferably in Mathematics, Computer Science, or Finance
  • Proficient in both written and spoken English
  • Strong analytical approach and logical thinking
  • Attention to details
  • 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 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
  • Knowledge/interest in risk analytics and financial markets

Responsibilities

  • The development, maintenance, and continuous improvement of tools and processes
  • Document the specifications of tools and processes
  • Monitor the integrity of production backtest data
  • Run tests and analyze the results to support the sales process
  • Interact with other product teams

FAQs

What is the primary focus of the Product Specialist - Model Validation role?

The primary focus of the role is to support the development, maintenance, and continuous improvement of tools and processes used in the validation of risk models, collaborating with various teams to enhance FactSet's risk modeling capabilities.

What educational background is preferred for candidates applying for this position?

A university degree in Mathematics, Computer Science, or Finance is preferred for candidates applying for this position.

What are the desired skills for this role?

Desired skills include a strong analytical approach, attention to detail, problem-solving attitude, ability to work on multiple projects with shifting priorities, and advanced knowledge in Microsoft Excel. Programming knowledge, such as VBA, is also beneficial.

What is the interview process like for this position?

The interview process involves two tests covering Logic, Finance, Mathematics, and Excel, followed by two rounds of interviews.

What tools and applications should internal candidates be familiar with?

Internal candidates should be familiar with various FactSet applications such as @PA (Portfolio Analysis 3.0), @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), and @PLM (Portfolio List Manager 2).

Is there a focus on career development within this role?

Yes, there is a strong focus on career development, with dedicated monthly time for attending conferences, online learning seminars, and network-building opportunities.

What shift timings are available for this position?

The shift timings for this position are flexible.

What are some benefits of working at FactSet?

Benefits include joining a stable and growing firm, a collaborative community, mentorship and growth opportunities, involvement in volunteerism and sports, business resource groups supporting DE&I strategy, and flexible working options.

Is prior knowledge of risk analytics and financial markets important for this role?

Yes, knowledge or interest in risk analytics and financial markets is preferred for candidates applying for this role.

Does FactSet support employees returning from a career break?

Yes, FactSet encourages individuals who have taken time out of the workforce to apply and provides support to help them relaunch their careers.

#NotJustTheFacts

Consulting
Industry
10,001+
Employees
1978
Founded Year

Mission & Purpose

FactSet creates flexible, open data and software solutions for tens of thousands of investment professionals around the world, providing instant access to financial data and analytics that investors use to make crucial decisions. For 40 years, through market changes and technological progress, our focus has always been to provide exceptional client service. From more than 60 offices in 23 countries, we’re all working together toward the goal of creating value for our clients, and we’re proud that 95% of asset managers who use FactSet continue to use FactSet, year after year. As big as we grow, as far as we reach, and as successful as we become, we stay connected to our clients and to each other.