Director, Senior Front Office Prepayment and Credit Quant

Job Description

What is the opportunity?

The Director, Senior Front Office Prepayment and Credit Quant focuses on developing, implementing, and maintaining mortgage prepayment, credit models and pricing tools and otherwise providing analytic support to front office acquisition, management, and disposal of whole loans and MBS.

What will you do?

• Apply quantitative and programming skills to research, develop, test, and implement mortgage prepayment and credit models
• Build and maintain agency and non-agency mortgage prepayment and default models
• Build front office analytic tools for trading and risk
• Proactively identify operational risks/ control deficiencies in the business
• Review and comply with Firm Policies applicable to business activities
• Escalate operational risk loss events, control deficiencies and risks that you identify to your line manager and the relevant risk and control functions on a timely basis

What do you need to succeed?

• PhD in Mathematics, Statistics, Computer Science, Engineering, Physical Sciences, or other numerate discipline
• 7+ years’ experience in securitized products model development including prepayment and credit modeling
• Excellent skills and hands-on experience in model design and coding
• Excellent knowledge of MBS (agency/non-agency)
• Outstanding written and verbal communication skills

What s in it for you?

We thrive on the challenge to be our best, progressive thinking to keep growing, and working together to deliver trusted advice to help our clients thrive and communities prosper. We care about each other, reaching our potential, making a difference to our communities, and achieving success that is mutual.

• A comprehensive Total Rewards Program including bonuses and flexible benefits, competitive compensation, commissions, and stock where applicable
• Leaders who support your development through coaching and managing opportunities
• Ability to make a difference and lasting impact
• Work in a dynamic, collaborative, progressive, and high-performing team
• A world-class training program in financial services
• Flexible work/life balance options
• Opportunities to do challenging work
• Opportunities to take on progressively greater accountabilities
• Access to a variety of job opportunities across business and geographies

Location

Address:
Brookfield Place, 3 World Financial Center, 200 Vesey Street, New York, NY, United States

City: New York

Country: United States of America

Work hours/week: 40

Employment Type: Full time

Platform: CAPITAL MARKETS

Job Type: Regular

Pay Type: Salaried

Posted Date:

Final date to receive applications:

Note: Applications will be accepted until 11:59 PM on the day prior to the Final date to receive applications date above

Inclusion and Equal Opportunity Employment

At RBC, we believe an inclusive workplace that has diverse perspectives is core to our continued growth as one of the largest and most successful banks in the world. RBC strives to deliver this through policies and programs intended to foster a workplace based on respect, belonging and opportunity for all.