Associate/AVP, Quantitative Strategies Group

Cross River • Fort Lee, NJ

1d • $150,000 - $190,000 • Hybrid

About The Position

The Quantitative Strategies Group (QSG) at Cross River is seeking an Associate/AVP, Quant Strategist to join its growing team. The team sits within the Capital Solutions Group (CSG) and serves as a centralized function for investment intelligence and quantitative decision making across investment, structuring, and portfolio management initiatives. The role sits at the intersection of structured finance, investment strategy, and advanced analytics - bridging the gap between raw data and capital decisions.
The role will work closely with the Structured Products Group (SPG) and Principal Finance Group (PFG) to support investment underwriting, new deal origination, term ABS issuance/advisory, and active portfolio management. The ideal candidate will combine strong analytical and technical skills with commercial judgement - someone who can analyze collateral performance, understand relevant risk factors, form a view on underlying assets, build scalable analytical tools, and translate complex quantitative outputs into clear investment recommendations. This is a high-impact role for someone who wants exposure to live transactions, structured credit markets, and data-driven decision-making.

Requirements

• Master’s degree in financial engineering, math, statistics, computer science, or any another quantitative/analytical field required
• 3+ years of experience in Structured Finance, Securitization, or broader Fixed Income markets is required.
• Proficiency in advanced excel & programming is required for this role.
• Hands-on experience in Python & SQL is critical for success
• Excellent communication and presentation skills - ability to distill complex analytics into clear, persuasive narratives for both internal stakeholders and external counterparties
• Builder's mentality - someone who doesn't just use existing tools but actively seeks to improve how the team works by introducing new technologies, frameworks, and AI-driven efficiencies
• Ability to thrive in a fast-paced, deal-driven environment with competing priorities and tight turnaround times
• Detail-oriented with strong organizational skills and a proactive, ownership-driven mindset

Nice To Haves

• Direct exposure to ABS products is strongly preferred
• Strong understanding of cashflow modeling and securitization mechanics - deal waterfalls, tranche structures, collateral performance analysis is preferred

Responsibilities

• Work closely with SPG and PFG to provide quantitative and analytical insights across investment opportunities, ABS securitizations, and structured credit transactions - from deal inception through execution
• Support capital commitment objectives through systematic underwriting of investment opportunities. Deliver refined and polished views on analytics, base/stress assumptions, and cashflow models that accurately capture the risk/reward dynamics of potential trades
• Support investment advisory mandates by producing market-ready analytics, comparative deal analyses, and performance benchmarks that help articulate differentiated value proposition to clients and counterparties
• Develop and maintain analytical frameworks to evaluate collateral pools, form views on key pricing assumptions (e.g., prepayment speeds, default/loss curves), and deliver actionable insights that inform deal economics and structuring decisions
• Translate quantitative outputs into clear/concise narratives and presentation materials that support pitch efforts, client discussions, and internal committees
• Partner with the team to identify, prioritize, and integrate high-impact AI use cases across workflows. Explore and implement AI-driven approaches to collateral analysis using LLMs and Python based tools
• Partner with other functions within CSG and across the bank to ensure consistency in assumptions, methodologies, and market intelligence used across the group

Benefits

• Cross River is an Equal Opportunity Employer. Cross River does not discriminate on the basis of race, religion, color, sex, gender identity, sexual orientation, age, non-disqualifying physical or mental disability, national origin, veteran status or any other basis covered by appropriate law. All employment is decided on the basis of qualifications, merit, and business need.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level