Associate, Consumer Modeling

Bayview Asset Management • Coral Gables, FL

3d • Onsite

About The Position

Founded in 1993, Bayview Asset Management is an investment management firm focused on investments in mortgage and consumer credit, including whole loans, asset-backed securities, mortgage servicing rights, and other credit-related assets.
The candidate will join the research group at Bayview Asset Management, which develops a fundamental understanding of credit performance through statistical models. Also conducts qualitative and quantitative analyses for the valuations of mortgages, consumer and small business financial products, and other credit-related assets to support the investment teams across the whole firm.

Requirements

• Strong understanding of consumer and small business financial products
• Strong statistical modelling, data analytical and problem-solving skills
• Hands-on programming experience in scripting (e.g. Python, R), and/or compiled languages (e.g., C++)
• Working SQL experience or prior experience with similar data processing languages is preferred
• Effective communication and presentation skills, with the ability to convey technical concepts to non-technical stakeholders
• Ability to work independently as well as collaboratively in an exciting and fast-paced, dynamic environment with shifting priorities
• Strong work ethics, professionalism, and commitment to integrity and ethical conduct
• Candidates typically possess a bachelor’s or master’s degree in a hard science, math, computer science, engineering, economics or finance
• 2-5 years of relevant experience working in a data driven research environment.

Responsibilities

• Lever statistical methods to discern fundamental drivers of credit and prepayment performance for various consumer and small business credit asset classes
• Analyze the performance of a diverse universe of consumer financial products (e.g. home improvement loans, personal loans, student loans, auto loans)
• Utilize statistical analyses and/or machine learning techniques to develop insight into borrower, servicer and lender behavior to identify trends and outliers
• Develop statistical modeling to forecast future behavior
• Develop and maintain cash flow engines for consumer financial products
• Evaluate future cash flow for investments
• Develop efficient data management, surveillance and quality assurance procedures for all internal and external data sources
• Perform ad-hoc quantitative analysis on various investment opportunities

What This Job Offers

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