Quantitative Trading & Research - Residential Finance - Associate
About The Position
As part of the residential warehouse lending team in the Quantitative Trading & Research division, you will be a part of build and enhancing the automated funding platform powering a multi‑billion‑dollar business. As an Analyst or Associate Desk Strategist for Residential Finance, you’ll sit at the intersection of quantitative analytics and technology, supporting the systematic funding and risk analytics that power a multi‑billion‑dollar warehouse lending business. You will partner closely with the desk lead and cross‑functional teams to improve workflow efficiency and build institutional-grade solutions that help the platform scale.
Requirements
- Excellent communication skills and ability to collaborate effectively across teams
- Proficiency in Python
- Solid understanding of SQL, database design, and indexing
- Solid understanding of data regression model
- Ability to support quantitative calculations for risk, stress testing, and loss expectations
- Experience partnering with cross-functional stakeholders (e.g., Banking, Operations, Risk, Technology)
Nice To Haves
- 2+ years of experience in residential mortgage markets (whole loans and securitized products)
- Experience with both Agency and Non-Agency mortgage assets
- Modeling experience (welcomed, not required)
- Proficiency in any of C++ / Java / C#
Responsibilities
- Enhance and evolve the automatic funding system to meet changing client needs
- Ensure accurate determination of loan eligibility, advance rates, funding spreads, and margin levels
- Build and validate analytics for risk, stress testing, and loss expectations
- Support regulatory-related requirements tied to fair value, capital, and disclosure obligations
- Partner with Banking and Operations to map workflows, identify inefficiencies/risks, and implement improvements with LLM powered engines
- Coordinate with Banking, Operations, Product Control, Risk Management, and Technology across financing activities
Benefits
- comprehensive health care coverage
- on-site health and wellness centers
- a retirement savings plan
- backup childcare
- tuition reimbursement
- mental health support
- financial coaching
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What This Job Offers
Job Type
Full-time
Career Level
Entry Level
Education Level
No Education Listed
