Quantitative Associate

Recruiters : Please send all inquiries to careers@vwhcapital.com. Do not contact individuals.

Candidates are encourage to apply directly to VWH.

Company Description

VWH Capital Management, LP (“VWH”) is an SEC-registered investment advisor and private equity firm with multi-billion dollars in assets under management. The firm is the winner of the 2023 Private Equity Wire US Emerging Manager Award for Best Performance : Debt. VWH is a major player in the U.S. distressed residential mortgage loan space and seeks to generate long-term returns in whole loans, distressed credit, and securitized products. VWH is headquartered in Dallas. For more information visit

Job Description

VWH opportunistically invests in U.S. residential whole loans and securities and is seeking high-caliber, driven individuals to join our rapidly expanding team in Dallas. The VWH Analytics team is seeking a Quantitative Associate who will assist in driving our residential whole loan and securities business. The candidate will interact with all internal teams such as Asset Management, Finance, and Portfolio Management. The position also offers a unique opportunity to interact directly with the Firm’s founder and Chief Investment Officer.

Responsibilities

• Actively participate in all trading activities related to U.S. residential mortgages, from bid evaluation, acquisition, disposition, and securitization.
• Conduct empirical analysis on mortgage performance including prepayment, default, and loss severity from large scale of loan level performance data.
• Design and implement model performance metrics like back tests, sensitivity, and scenario analysis.
• Maintain and enhance existing pricing engine based on market dynamics.
• Assist with valuation process on whole loan and securities.
• Work on the infrastructure build-out associated with portfolio management.
• Analyze and summarize macroeconomic indicators, such as housing and demographic trends and closely monitor housing related regulations and jurisdiction development.
• Work closely with trading and financing counter parties to evaluate and explore financing options and capital market executions.
• Work with whole loan transaction management team to track live trade due diligence and closing processes.
• Assist finance team in reconciling and processing monthly whole loan servicer remittance tapes.
• Assist in day-to-day repo financing for securities and monthly warehouse financing for loans.
• Compare various financing options including securitized deal execution.
• Managing daily risk position and portfolio P&L.
• Optimizing loan portfolios for sale and securitization.
• Design / deploy reports such as investment portfolio analysis and fund performance analysis for Senior Management review.
• Other duties as assigned.

Requirements

Compensation and Benefits

VWH offers competitive compensation including base salary and a discretionary performance bonus. VWH has a compelling benefits package, including medical, dental, and vision insurance, a 401(k) plan, and generous paid time off.

VWH Capital Management, LP is an equal opportunity employer. Qualified applicants will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other characteristic prohibited by applicable law.