Quantitative Analyst
Description
Position Summary:
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.
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.
Requirements
- Bachelor’s degree required, preferably in a quantitative discipline such as Computer Science, Mathematics, Financial Engineering, or Physics.
- Master’s degree and/or professional certifications such as CFA or FRM are preferred.
- Proficiency in Python, Excel, and SQL is required.
- Experience with Tableau, Power BI, and Microsoft Azure is a plus.
- Experience with code development to research and analyze data required.
- 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.
Why work for #teamloanDepot:
- 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.
About loanDepot:
loanDepot (NYSE: LDI) is a digital commerce company committed to serving its customers throughout the home ownership journey. Since its launch in 2010, loanDepot has revolutionized the mortgage industry with a digital-first approach that makes it easier, faster, and less stressful to purchase or refinance a home. Today, loanDepot enables customers to achieve the American dream of homeownership through a broad suite of lending and real estate services that simplify one of life's most complex transactions. With headquarters in Southern California and offices nationwide, loanDepot is committed to serving the communities in which its team lives and works through a variety of local, regional, and national philanthropic efforts.
Base pay is one part of our total compensation package and is determined within a range. This provides the opportunity to progress as you grow and develop within a role. The base pay for this role is between $60,000 and $104,500. Your base pay will depend on multiple individualized factors, including your job-related knowledge/skills, qualifications, experience, and market location.
We are an equal opportunity employer and value diversity in our company. We do not discriminate based on race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.