Demo

MBS (Prepayment Models)/Structured Products-Model Validation (PhD)

Analytic Recruiting Inc.
Washington, DC Full Time
POSTED ON 3/17/2025 CLOSED ON 4/11/2025

What are the responsibilities and job description for the MBS (Prepayment Models)/Structured Products-Model Validation (PhD) position at Analytic Recruiting Inc.?

Responsibilities :

  • Provide independent expert opinions on models, analytics, numerical methods, and risk metrics
  • Lead independent model review and validation process for proprietary and third party financial valuation models.
  • Lead quantitative analysis in support of the risk oversight, risk management, and modeling functions.
  • Design proper statistical and econometric tests to assess model performance.
  • Design processes for measuring and controlling model risk.
  • Plan and lead substantive reviews and validation of models used for in market and credit risk processes. Includes determining and conducting analysis of the model theory and structure, statistical estimation techniques, accuracy of implementation, and appropriateness for the business application.
  • Design and develop procedures for measuring and monitoring model performance, by creating risk metrics, thresholds, and reports to determine whether model performance is consistent with business objectives.
  • Lead quantitative analysis in support of the risk oversight, risk management, and modeling functions.
  • Design and develop methods for measuring risk and return relationships, such as value at risk and stress testing.
  • Communication of material related to model reviews and analyses to senior management, technical staff, and other internal and external stakeholders.
  • Understand current developments in models, financial theory, and industry practices to assist in the education and development of staff, and ensure that the firm's risk methodologies are consistent with best practice standards.

Requirements :

  • The ideal candidate will have 10 years of experience working with RMBS, CMO, or ABS securities in a mortgage prepayment modeling capacity.
  • Candidates must have an advanced degree (PhD preferred) in a quantitative field with solid C programming skills, broad knowledge of pre-payment models and other fixed income products, experience working with (Algorithmics, Numerix, Polypath, Intex, SAS)and good communications skills.
  • This position requires a thorough understanding of the principles of quantitative credit risk modeling for mortgages. The preferred candidate will have a background in mortgage and capital markets related to the valuation of financial instruments, risk management, and / or model validation. Required skills include familiarity with econometric, statistical, and optimization techniques; strong programming skills; and strong communication skills.
  • Keywords : Model Validation, Prepayment Modeler, Valuation Models, Financial Modeling, CMBS, RMBS, Model Development

    Please send resume to Jim Geiger jeg@analyticrecruiting.com

    SR Staff Technical Engineer
    MBS Professional Staffing -
    Fredericksburg, VA

    If your compensation planning software is too rigid to deploy winning incentive strategies, it’s time to find an adaptable solution. Compensation Planning
    Enhance your organization's compensation strategy with salary data sets that HR and team managers can use to pay your staff right. Surveys & Data Sets

    What is the career path for a MBS (Prepayment Models)/Structured Products-Model Validation (PhD)?

    Sign up to receive alerts about other jobs on the MBS (Prepayment Models)/Structured Products-Model Validation (PhD) career path by checking the boxes next to the positions that interest you.
    Income Estimation: 
    $58,470 - $77,272
    Income Estimation: 
    $131,676 - $196,560
    Income Estimation: 
    $99,138 - $133,641
    Income Estimation: 
    $75,905 - $103,047
    Income Estimation: 
    $74,367 - $98,680
    Income Estimation: 
    $74,367 - $98,680
    Income Estimation: 
    $131,676 - $196,560
    Income Estimation: 
    $99,138 - $133,641
    Income Estimation: 
    $94,973 - $125,755
    Income Estimation: 
    $96,228 - $129,772
    Income Estimation: 
    $96,228 - $129,772
    Income Estimation: 
    $131,676 - $196,560
    Income Estimation: 
    $121,926 - $164,179
    Income Estimation: 
    $124,413 - $154,875
    Income Estimation: 
    $87,128 - $112,557
    Income Estimation: 
    $124,413 - $154,875
    Income Estimation: 
    $131,676 - $196,560
    Income Estimation: 
    $164,394 - $225,474
    Income Estimation: 
    $161,616 - $208,121
    Income Estimation: 
    $87,128 - $112,557
    This job has expired.
    View Core, Job Family, and Industry Job Skills and Competency Data for more than 15,000 Job Titles Skills Library

    Job openings at Analytic Recruiting Inc.

    Analytic Recruiting Inc.
    Hired Organization Address Chicago, IL Full Time
    Job Description : A mid-west-based asset manager is looking for a Business Analyst to support the investment application...
    Analytic Recruiting Inc.
    Hired Organization Address Morristown, NJ Full Time
    A leading healthcare organization is seeking a Director, Contract Administration to lead the contracting process for Med...
    Analytic Recruiting Inc.
    Hired Organization Address New York, NY Full Time
    Manhattan-based hedge fund is looking to add a fixed-income investment analyst to the Investment Portfolio team. This da...
    Analytic Recruiting Inc.
    Hired Organization Address New York, NY Full Time
    Overview NY-based hedge fund is seeking an experienced Fixed Income Engineer to develop and maintain high-performance te...

    Not the job you're looking for? Here are some other MBS (Prepayment Models)/Structured Products-Model Validation (PhD) jobs in the Washington, DC area that may be a better fit.

    MBS Senior Policy Advisor

    Michael Best, Washington, DC

    MBS Policy Analyst

    Michael Best, Washington, DC

    AI Assistant is available now!

    Feel free to start your new journey!