Residential Mortgage Modeler

Bayview Asset Management•Coral Gables, FL

1d•Hybrid

About The Position

Bayview is a leading financial services firm specializing in mortgage-related investments. Our team is dedicated to delivering cutting-edge solutions through rigorous research and advanced modeling techniques. We are seeking a highly motivated and skilled candidate to join our Credit Modeling Team under the Bayview Research Team. The ideal candidate will have 1-3 years of experience in statistical modeling, with a focus on mortgages. This role involves validating and calibrating default models, performing empirical analysis as requested by the business as well as collaborating with US and Europe business teams to enhance their understanding and application of these models.

Requirements

Bachelor’s or Master’s degree in Statistics, Mathematics, Economics, Finance, or a related field.
Minimum of 2+ years of experience in statistical modeling, preferably within the mortgage industry.
Proficiency in Python and SQL is a must for model development and empirical analysis.
Strong analytical and problem-solving skills with attention to detail.
Strong communication skills, both written and verbal, and the ability to work on multiple tasks and projects simultaneously.
Ability to work independently and as part of a collaborative team.
Familiarity with mortgage data.

Responsibilities

Validate and calibrate mortgage credit models (for defaults and loss given defaults) to ensure robustness, consistency, and predictive power.
Continuously monitor and improve model performance through back-testing and performance analysis.
Analyze mortgage data to identify trends and patterns that influence credit behavior.
Assist in the development and implementation of new modeling approaches and techniques.
Communicate complex statistical concepts and model outputs to non-technical stakeholders.
Collaborate with business teams to provide insights and support in utilizing credit models effectively.