RESEARCH ANALYST

POSITION SUMMARY:

The candidate will be joining the research team at Bayview Asset Management, which develops and implements statistical models for the valuation of mortgage assets. These models include probability of default, prepayment and loss given default models, which are used to project mortgage cash flows. Initial responsibilities will include model implementation in C++ and VBA, data mining and manipulation, and most importantly, statistical modeling and analysis.

ESSENTIAL DUTIES AND RESPONSIBILITIES:

Initial projects will include:

• Analysis of the performance of residential mortgages.
• Help improve our residential mortgage models.

SKILLS/KNOWLEDGE/ABILITIES:

• Strong scientific programming skills with an emphasis on C++ programming.
• Strong quantitative skills;
• A passion for analyzing data and implementing models. As the work involves modeling mortgages, the candidate should have an interest in the economics/finance/psychology associated with mortgage behavior.
• Prior experience analyzing mortgages is a plus, but not required.

EDUCATION AND EXPERIENCE:

This is a junior level position; however more qualified individuals are also encouraged to apply. Helpful but not required qualifications include:

• Candidates typically possess an undergraduate degree in a hard science, math, computer science, engineering, statistics, finance or economics. Master’s degree a plus.
• Experience modeling/analyzing mortgages
• Working knowledge of statistics, especially survival analysis
• Excel VBA experience
• An understanding of finance and economics
• Experience working with SAS
• Working knowledge of SQL and databases
• Experience working with Intex

CERTIFCATIONS, LICENSES AND/OR REGISTRATION:

• No minimum requirements