Consumer​/ABS Modeler

Position: Consumer / ABS Modeler

Join to apply for the Data Scientist (ABS) role at Bayview Asset Management, LLC

Join to apply for the Data Scientist (ABS) role at Bayview Asset Management, LLC

Position Summary

The candidate will join the research group at Bayview Asset Management, which develops statistical models, conducts qualitative and quantitative analyses for the valuations of mortgages, consumer financial products, and other credit-related assets to support the investment teams across the whole firm.

• Analyze the performance of consumer financial products (e.g. home improvement loans, solar loans/lease, personal loans, student loans, auto loans);
• Utilize statistical analyses and/or machine learning techniques to develop insight into borrower, servicer and lender behavior to identify trends and outliers;
• Develop statistical modelling to forecast future behavior;
• Develop and maintain cash flow engines for consumer financial products;
• Evaluate future cash flow for investments;
• Develop efficient data management, surveillance and quality assurance procedures for all internal and external data sources;
• Perform ad-hoc quantitative analysis on various investment opportunities.

Overview

Position Summary

The candidate will join the research group at Bayview Asset Management, which develops statistical models, conducts qualitative and quantitative analyses for the valuations of mortgages, consumer financial products, and other credit-related assets to support the investment teams across the whole firm.



Essential Duties & Responsibilities

• Analyze the performance of consumer financial products (e.g. home improvement loans, solar loans/lease, personal loans, student loans, auto loans);
• Utilize statistical analyses and/or machine learning techniques to develop insight into borrower, servicer and lender behavior to identify trends and outliers;
• Develop statistical modelling to forecast future behavior;
• Develop and maintain cash flow engines for consumer financial products;
• Evaluate future cash flow for investments;
• Develop efficient data management, surveillance and quality assurance procedures for all internal and external data sources;
• Perform ad-hoc quantitative analysis on various investment opportunities.

Skills & Knowledge

• Strong understanding of structured credit products, including CDOs, CLOs, ABS, RMBS, and securitization markets.
• Strong statistical modeling, data analytical and problem-solving skills;
• Hands-on programming experience in scripting (e.g. Python, R), and/or compiled languages (e.g. C++);
• Possess a good comprehension about mortgage option-adjusted spread (OAS) framework.
• Proficiency in financial modeling, statistical analysis, and programming languages (e.g., Excel, VBA, Python, R).
• Working SQL experience or prior experience with similar data processing languages is preferred;
• Effective communication and presentation skills, with the ability to convey technical concepts to non-technical stakeholders;
• Ability to work independently as well as collaboratively in a fast-paced, dynamic environment;
• Strong work ethics, professionalism, and commitment to integrity and ethical conduct.

Education & Experience

• Candidates typically possess a bachelor’s or master’s degree in hard science, math, computer science, engineering or finance;
• 2-4 years of relevant experience working in a data driven research environment.

Certifications, Licenses, and/or Registration

• N/A

Location & Compensation

• This role is a hybrid position based in either Bayview’s Coral Gables, FL or New York, NY offices. We have existing team members in both locations.
• Base compensation is expected to be $,000 with the opportunity for incentive compensation including bonus compensation.

Physical Demands and Work Environment

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodation may be made to enable individuals with disabilities to perform the essential functions.

While performing the duties of this job, the employee is regularly required to sit and use hands to handle, touch or feel objects, tools, or controls. The employee frequently is required to talk and hear. The…