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Quant Modeler - Analyst/Associate

  • Job
    Full-time
    Junior & Mid Level
  • Banking & Finance
  • $115K - $150K
  • New York City
  • Quick Apply

AI generated summary

  • You need 2-4 years of quant modeling experience in structured products, an advanced degree in a quantitative field, proficiency in statistical modeling and programming, and excellent communication skills in a fast-paced environment.
  • You will build, back-test, and validate quantitative models, collaborate with developers, analyze data, and provide insights for business decisions at a leading asset management company.

Requirements

  • 2-4 years’ experience in a quant modeling role, preferably in structured products
  • Advanced degree in financial engineering, statistics, mathematics, or similar quantitative field
  • Experience with structured credit (RMBS, CLOs, CMBS, ABS)
  • Experience with mortgage credit modeling (prepayments, defaults, severities)
  • Utilizing statistical models such as linear regression, logistic regression or time series model to estimate the relationship between outcome variable and risk factors, make predictions and forecast
  • Proficiency with Intex and Bloomberg. Experience with Polypaths, QRM or Yieldbook is a plus
  • Solid programing skills in Python, SQL, Excel/VBA
  • Excellent interpersonal and communication skills, both written and verbal
  • Ability to multi-task and work in a very fast-paced and team-oriented environment

Responsibilities

  • Provides financial, analytical, modeling expertise to build quantitative models for business projects.
  • Implement, back test and validate current asset models.
  • Build visual tools for monitoring and adjusting model performance.
  • Collaborate with developers to build a robust analytics platform including data processing, analytics and cashflow projections, portfolio monitor and reporting.
  • Hands on modeling during the entire life-cycle
  • Conducting tests to ensure the accuracy and effectiveness of the models
  • Validating and recalibrating the models as needed
  • Providing comprehensive documentation for the models
  • Reviewing production results and providing analytical support for business decisions

FAQs

What programming languages are required for this role?

This role requires proficiency in both Python and SQL programming.

What kind of securities will the individual be working on?

The individual will be working on various public and private securities.

What kind of technology knowledge is required for this role?

Comfort with emerging cloud-based technologies is required for this role.

What are the primary responsibilities of the Quant Modeler in this role?

The primary responsibilities include developing quantitative analytics, performing financial modeling, and providing ongoing business support for analytics requirements.

What type of environment will the individual be working in?

The individual will work in a fast-paced, innovative, and collaborative environment to build investment analytics infrastructure.

1001-5000
Employees

Mission & Purpose

Brookfield is invested in long-life, high-quality assets and businesses around the world that form the backbone of the global economy. With over $925 billion in assets under management, and over 100 years’ experience as an owner and operator, we put our own capital to work in virtually every transaction, aligning interests with our partners and investors, and bringing the strengths of our operational expertise, global reach and large-scale capital to bear in everything we do. To learn more about our global businesses spanning renewable power and transition, infrastructure, real estate, private equity and credit, please visit www.brookfield.com. Phishing and Fraudulent Websites Warning Please be aware of the misuse of the Brookfield name and brand by individuals and groups fraudulently publishing fake websites and engaging in “phishing” scams that seek personal or confidential information from potential job candidates. This includes the posting of fake Brookfield job offers on LinkedIn and other career sites. You can find more details on what to look out for and how to report potentially fraudulent activity at https://www.brookfield.com/web-fraud-and-phishing-warning.