MSR Quantitative Associate

About the position

Bayview Asset Management, LLC is an investment management firm focused on investments in mortgage and consumer credit. The Bayview Mortgage Servicing Rights (MSR) Fund, along with its subsidiary Lakeview Loan Servicing, is the largest of Bayview’s funds. The primary role of the position is model developer, which is crucial in the MSR portfolio management strategy. The secondary role is a financial analyst who assists in investment decision-making.

Responsibilities

• Implement latest business strategies and model enhancements into production C++ model.
• Restructure and remodel the legacy code infrastructure (C++).
• Optimize existing software tools and create new ones to speed up model validation and running processes.
• Help in moving the on-premises environment onto the cloud.
• Convert existing standalone tools to web-based applications.
• Perform risk analysis of existing portfolio.
• Conduct mark-to-market and go-forward IRR evaluation.

Requirements

• Minimum of 2+ years of direct work experience.
• Undergraduate degree in a hard science, math, computer science, engineering or finance.
• Basic knowledge in Fixed Income.
• Strong scientific programming skills, C++ highly preferred.
• Basic proficiency in SQL preferred.
• Strong communication skills.
• Advanced proficiency in Excel and VBA.
• Methodical problem-solving ability with limited direction.
• Attention to detail and analytical mindset.

Nice-to-haves

• Master’s degree.

Benefits

• Base compensation expected to be $100,000-125,000.
• Opportunity for incentive compensation including bonus compensation.