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Lead Quantitative Analytics Specialist - Mortgage Modeling - NYC - $144000 - $300000 (target 200K)

New York City, NY
JOB TITLE: Lead Quantitative Analytics Specialist
LOCATION: New York City

SALARY: Minimum: $144,400.00 | Maximum: $300,000.00 | Target$200,000.00

REQUIRED EDUCATION: MBA or Masters in Finance, Math, Economics, Stats
CITIZENSHIP: US Citizen or Permanent Resident [Green Card Holder]
REQ #: INTIR-314673

  • Our customer is seeking a Lead Quantitative Analytics Specialist.
  • This position will be part of the Mortgage Model Development Center (MMDC) that will focus on mathematical concepts and programming.
  • The MMDC manages all quantitative modeling related to market and interest rate risk on the bank’s mortgage products including consumer banking mortgage activities, trading activities and investment portfolio positions in mortgage products.
In this role you will:
  • Implement interest rate models, mortgage prepayment models, mortgage default models, derivative valuation models, hedging strategies, and horizon forecast models to support various mortgage business in Wells Fargo.
  • Implement and enhance the firm’s proprietary quantitative library in C++
  • Generate, test, implement, and deploy ideas to improve system performance or team productivity
  • Improve the safety and reliability of the library
  • Partner constructively in collaboration with business, model development, model validation, and IT
Required Qualifications:
  • 5+ years of Quantitative Analytics experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
  • Master's degree or higher in a quantitative discipline such as mathematics, statistics, engineering, physics, economics, or computer science
Desired Qualifications:
  • 2+ years of C++ experience
  • Strong design, coding, testing, and debugging skills.
  • 2+ yrs experience applying advanced mathematics in problem solving
  • Experience with large scale library development
  • Versed in software engineering principles
  • Experience with multi-threading and asynchronous event-driven programming
  • Experience in software development cycle and agile technologies
  • Experience with computer programs including, SQL and VBA
  • Knowledge and understanding of interest rate derivatives models and mortgage analytics
  • Experience in vendor model, solution, or platform - Polypaths, ADCo, Intex, QRM, Bloomberg, Yieldbook
  • Knowledge of Derivatives valuation
  • Excellent verbal, written, and interpersonal communication skills

If you are interested in pursuing this opportunity, please respond back and include the following:
  • MS WORD Resume
  • required compensation
  • Contact information
  • Availability
Upon receipt, one of our managers will contact you to discuss the position in full detail.

Jason Denmark
EMAIL: jdenmark@intermediagroup.com  
LINKEDIN: https://www.linkedin.com/in/jasondenmark/ 

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