Overview
Skills
Job Details
This role is essential for MRP Platform in support of the Market Risk Platform. The person will be responsible for new enhancements, releases & maintenance activities; which will assist in filling the gap created by additional demand due to HA.
Use advanced requirements analysis and data analytics to create business process flows and algorithms that will be used in analytical or product development processes.
Develop or refine computer applications that provide deeper analysis of prospective financial asset performance, asset pricing, new asset classes, or information needed to measure and hedge risk.
Provide ongoing analysis of new financial asset classes and suggest program modifications as necessary.
May test applications for accuracy and functionality before putting them into service.
THE IMPACT YOU WILL MAKE
The Senior Associate, Financial Engineer role will offer you the flexibility to make each day your own, while working alongside people who care so that you can deliver on the following responsibilities:
Confer with product managers, business unit management and capital markets staff to determine analytical or product-related needs regarding product features, investment instruments, market activity, or complex transactions to be analyzed.
Report in quantitative manner on data attributes and parameters of proposed purchase, sale, market transactions, or risk factors and the degree to which they could affect outcomes.
Perform ad hoc analyses as needed and assist managers of specific product lines with analytical, valuation, or pricing projects.
Redefine and implement the components of new risk indicators. Consult with the business owners, design and implement an interface to record key indicators, research industry best practices of analyzing and reporting key performance indicators.
Design test cases and test applications for systems used for a variety of analytical, pricing, risk management or credit pricing to ensure the business needs are met and analytics are correctly implemented.
THE EXPERIENCE YOU BRING TO THE TEAM
Minimum Required Experiences
4 years
Bachelor's Degree in Computer Science, Information Systems, Finance, Business, Mathematics, Statistics, or related
Desired Experience and Skills
4-6 years of related experience
Experience with requirements analysis and documentation
Exposure to relational and dimensional data model concepts
Technical skills: Data analysis using SQL, Excel, Business Intelligence Reporting using MicroStrategy/Tableau
Excellent communication skills (written and verbal)
Strong collaboration and organizational skills
Experience with business process re-engineering and/or continuous process improvement preferred
Experience with Fixed Income Instruments, Risk Management, System & Data Analysis, preferred
Subject matter expertise in mortgage finance, fixed Income analysis and risk management, mortgage instruments (MBS, Loan, CMO) data, hedging principles and hedging instruments using swap and swaptions, preferred
Experience working in AWS environment is a plus
FRM or CFA Certification is a plus