Cashflow Modeling Associate

LSEG•Buffalo, NY

11d•$85,200 - $142,000•Onsite

About The Position

The Yield Book is a premier fixed income analytical system currently used by 82 of the top 100 fixed income money managers in the U.S. and other top-tier broker dealers’ sales, trading and research professionals. Institutional portfolio managers, investment advisors, insurance companies, banks and hedge funds value The Yield Book for the fast and broad access it provides to financial models, analytical tools and high-speed computation capabilities. A subsidiary of LSEG, The Yield Book Inc product line includes The Yield Book, the Yield Book Excel Add-in, API and Calculator.

Requirements

Strong analytical and problem solving skills.
Candidates should be detail-orientated, energetic and exhibit a high degree of accuracy in their work.
Must have strong computer skills and knowledge of basic accounting.
Graduate level degree in Finance, or related quantitative field
OR similar Bachelor’s degree, plus 3 to 4 years related experience will be considered as well

Nice To Haves

Previous knowledge of mortgage backed securities is preferred but not essential.
Experience with Python or C++ preferred
Familiarity with computer programming and fixed income securities is a plus

Responsibilities

Cash flow modelling of mortgage-backed and asset-backed securities using in-house proprietary software tools, interpreting deal legal documents to create a structured C++ based model
Model structured products such as US and non-US issuance deals of various asset types including but not limited to mortgages, student loans, credit cards, auto, and equipment loans.
Work on various ad-hoc projects when needed.
Assist with maintenance of modeled securities for current payments and collateral updates.
Perform quality assurance checks on database of modeled securities.
Oral and written communication with trustees, underwriters and servicers