Financial Engineer
$100,100–$140,800 year
On-siteNew York, United States or New York City, New York, United States
Job Summary
Develop, analyze, test, and calibrate financial models, tools, and products while exploring Artificial Intelligence and Machine Learning techniques for quantitative modeling. Design, develop, and deploy prepayment and credit models for the mortgage market, investigating large panel data sets to support loan data analysis and modeling. Furnish comprehensive analysis and documentation elucidating methodologies, techniques, and discoveries, and conduct scenario analyses to explain model behavior and offer guidance. Collaborate with the Development Team on application and product development, design test cases to validate systems for analytics and risk management, and provide quantitative reports on market performance and risk factors. Assist in transaction planning, structuring, and valuation projects while exploring new technologies to optimize workflow efficiency.
Required Qualifications
- Master's degree or equivalent in Financial Engineering, Mathematics or related field
- Proficiency in SQL, databases, scripting languages, and Python
Desired Qualifications
- 3+ years of progressively responsible experience in a quantitative field preferred
- Creativity, Innovation, and Passion in quantitative research and modeling
- Hard worker and team player, highly self-motivated in learning and applying new techniques
- Ability to solve real world business problems using quantitative and computational techniques
- Ability to implement algorithms in multiple computing environments and languages
- Strong oral communication and documentation skills
- Strong understanding of financial markets and market behavior
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