Financial Engineer

About This Role

As a Financial Engineer, you will be part of the Capital Markets Analytics team, focusing on building, maintaining, and enhancing advanced models and analytics tools to support the Secondary Marketing MSR position. You will work closely with the firm’s trading desk and servicing team to maintain core financial models and provide analytical support for trading and hedging.

Responsibilities

• Create, maintain and deliver quantitative processes including data mining, predictive modeling and other complex data processing
• Utilize complex quantitative software to manage the MSR/Early Buyout (EBO) portfolio and servicing positions, risk analysis, hedge strategies and market data
• Maintain, enhance existing financial models including prepayment, mortgage rate, delinquency, etc. and develop new models/algorithms when needed
• Create, maintain, deliver monthly and quarterly analytical reports including valuation, risk, stress testing and model update
• Identify and implement automation opportunities to enhance scalability, accuracy, and efficiency

Requirements

• Advanced degree in Quantitative Finance, Computer Science, Engineering, or other technically rigorous curriculum OR 2+ years of work experience in quantitative finance
• Experience with statistical analysis, including the use of tools like R or Python
• Experience manipulating and analyzing complex, high-volume, high-dimensionality data from varying sources

Qualifications

• An advanced degree in Quantitative Finance, Computer Science, Engineering, or some other technically rigorous curriculum, or 2+ years of work experience in quantitative finance
• Entry level

Nice to Have

• Previous support of trading desks or knowledge of fixed income trading, mortgage banking or correspondent lending
• Strong background in SQL Server, Excel and Excel VBA

Skills

* Required skills

Benefits