Quantitative Analyst

loanDepot • Irvine, CA

8d • $60,000 - $104,500 • Hybrid

About The Position

Responsible for providing quantitative and data-driven financial analysis & modeling to support the company’s mortgage servicing portfolio and other areas of interest in Capital Markets. Contributes to the success of the business by supporting MSR valuations, front end pricing & pipeline FV support, interest rate risk management & hedging, prepayment and credit risk modeling, co-issue best execution analysis, bulk sale, EBO sale & delinquency flow sale, portfolio performance reporting & benchmarking, asset return analysis, portfolio retention analytics, and servicing financial planning. Works cross-functionally within Capital Markets and collaborates externally with multiple business groups.
This position ensures the performance of all duties in accordance with the company’s policies and procedures, all U.S. state and federal laws and regulations, wherein the company operates.

Requirements

• Bachelor’s degree required, preferably in a quantitative discipline such as Computer Science, Mathematics, Financial Engineering, or Physics.
• Proficiency in Python, Excel, and SQL is required.
• Experience with code development to research and analyze data required.

Nice To Haves

• Master’s degree and/or professional certifications such as CFA or FRM are preferred.
• Experience with Tableau, Power BI, and Microsoft Azure is a plus.
• Prior experience in asset management, hedge funds, investment banking, or FinTech is preferred.
• Experience in the Mortgage industry preferred.
• Hybrid schedule strongly preferred; onsite presence in Irvine, CA.

Responsibilities

• Builds tools in Python, SQL, Excel and various programming languages to provide efficiency and accuracy to the MSR team
• Develops and maintains Python projects to support co-issue pricing analytics and daily MSR attribution reporting
• Analyzes large and complex datasets to perform mortgage prepayment analysis, default forecasting, loss analysis, roll rate matrix, cashflow projection, and other related analyses, ensuring timely and accurate deliverables.
• Responsible for routine tasks. This includes validating and loading key data inputs to MSR analytics, supporting MSR portfolio reporting and co-issue pricing and analytics, and maintaining scheduled workflows.
• Troubleshoots and resolves data quality and production issues, ensuring accuracy, integrity, and reliability of MSR processes and deliverables
• Manages SQL databases and ETL processes, including loading, validating, and maintaining datasets.
• Stands up real-time and batch process/automated jobs monitoring with alerting and automated triggers tied to materiality or progress thresholds.
• Enhances the efficiency and reliability of models, databases, and automated workflows, applying quantitative and financial knowledge and incorporating AI tools where appropriate.
• Identifies and implements opportunities to streamline, scale, and automate workflows.
• Partners with teams across the organization for successful completion of deliverables as applicable and assists in high priority ad-hoc analyses as required.
• Performs other duties and projects as assigned.

Benefits

• Aggressive compensation package based on experience and skill set.
• Inclusive, diverse, and collaborative culture where people from all backgrounds can thrive.
• Work with other passionate, purposeful, and customer-centric people.
• Extensive internal growth and professional development opportunities including tuition reimbursement.
• Comprehensive benefits package including Medical/Dental/Vision.
• Wellness program to support both mental and physical health.
• Generous paid time off for both exempt and non-exempt positions.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 1,001-5,000 employees