Financial Quantitative Engineer

Mortgage and financial services consulting firm specializing in risk management and financial modeling for the mortgage and banking industries.
$80,000 - $90,000
Data
Mid-Level Software Engineer
Remote
2+ years of experience
Finance

Description For Financial Quantitative Engineer

The Oakleaf Group, a specialized mortgage and financial services consulting firm, is seeking a Financial Quantitative Engineer to join their team. This role is perfect for professionals who want to make an impact in the financial sector while working remotely.

The position involves conducting theoretical and empirical research in mortgage finance, applying advanced mathematical and statistical techniques to drive business strategies. You'll work with proprietary forecasting and pricing models, utilizing languages like Python, Java, and R to analyze large datasets and derive meaningful insights.

The ideal candidate will have at least 2 years of experience in financial modeling and data analysis, with a strong educational background in quantitative fields. Whether you hold an MBA with quantitative focus, a Master's in Financial Engineering, or a Ph.D. in Finance/Economics, your expertise will be valued here.

At Oakleaf, you'll be part of a company that values long-term client relationships and takes pride in understanding the drivers of each client's success. The role offers a competitive salary range of $80,000-$90,000, along with comprehensive health benefits including medical, dental, and vision coverage.

Key responsibilities include developing and running financial models, analyzing loan-level results, conducting quantitative analysis on various financial metrics, and collaborating with cross-functional teams. You'll work with cutting-edge tools and technologies while contributing to innovative solutions in mortgage finance.

The company maintains a strong commitment to equal employment opportunity and workplace diversity, ensuring an inclusive environment for all employees. This remote position offers the flexibility of working from home while being part of a dynamic team that serves major financial institutions, government agencies, and various other significant clients in the financial sector.

Last updated 2 months ago

Responsibilities For Financial Quantitative Engineer

  • Learn and apply proprietary forecasting and pricing models built in Java, Python, and R
  • Review loan-level results using Excel Pivot Tables, R, and Python for data analysis
  • Assess upstream data inputs and their impact on credit forecasts
  • Conduct quantitative analysis on loan terms, products, and securitizations
  • Run deterministic scenarios using proprietary tools
  • Modify and extend in-house models through code changes
  • Model loan securitizations and cash flows in Python and R
  • Evaluate and document modeling assumptions and transformations
  • Collaborate on developing and validating proprietary valuation models

Requirements For Financial Quantitative Engineer

Python
Java
  • MBA with quantitative analytics experience, or Master's in Financial Engineering or Quantitative Analytics, or Ph.D. in Finance or Economics
  • 2+ years experience developing financial models or analyzing large datasets in Python/Java/R
  • 2+ years experience communicating complex financial results to management
  • Knowledge of SQL
  • 2+ years experience in cashflow models/valuation/loss forecasting
  • Experience with Econometrics, Statistics, Probability, Corporate Finance, Valuation
  • Ability to work effectively in a home office environment

Benefits For Financial Quantitative Engineer

Medical Insurance
Dental Insurance
Vision Insurance
  • Health Insurance
  • Dental Insurance
  • Vision Insurance

Interested in this job?

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