AVP, Financial Engineer

Company:  Western Alliance Bank
Location: Westlake Village
Closing Date: 04/11/2024
Hours: Full Time
Type: Permanent
Job Requirements / Description

Job Title:

AVP, Financial Engineer

Location:

CA - Westlake Village

What you'll do:

AmeriHome Mortgage is looking for a Financial Engineer to join our Capital Market's Analytics Team. The Analytics team works closely with the firm's trading desk and is responsible for building and maintaining the firm's core financial and optimization models and providing analytical support for trading and hedging. In this role, a successful candidate can look forward to a progressive career path and continued professional growth.

What we are looking for:

* Create, maintain and deliver quantitative processes including data mining, predictive modeling and other complex data processing
* Utilize complex quantitative software to manage the MSR/Early Buyout (EBO) portfolio and servicing positions, risk analysis, hedge strategies and market data
* Maintain, enhance existing financial models including prepayment, mortgage rate, delinquency etc. and develop new models/algorithms when needed
* Create, maintain, deliver monthly and quarterly analytical reports including valuation, risk, stress testing and model update

What you need to have:

* Requires either (i) an advanced degree in Quantitative Finance, Computer Science, Engineering, or some other technically rigorous curriculum or (ii) 0-5+ years of work experience in quantitative finance
* Previous support of trading desks or knowledge of fixed income trading, mortgage banking or correspondent lending, a plus
* Requires a strong background in C#, SQL Server, Excel and Excel VBA
* Experience with statistical analysis, including the use of tools like R or Python, a plus
* Experience manipulating and analyzing complex, high-volume, high-dimensionality data from varying sources
* Affinity to innovate, disrupt and improve
* Demonstrated leadership and strong interpersonal skills
* Strong verbal, written, and interpersonal communication skills

Compensation: Salary range for new hires is generally $107,395.00 - $126,345.00 for Westlake Village, CA. Salary amount is determined by specific job location. In addition, the role may be eligible for annual bonus/incentives earned.

Benefits you'll love:

We offer all the important things you'd want - like competitive salaries, an ownership stake in the company, medical and dental insurance, time off, a great 401k matching program, tuition assistance program, an employee volunteer program, and a wellness program. In addition, you'll have the opportunity to bolster your business knowledge, learning the ins and outs of how successful companies operate and manage their finances, giving you invaluable hands-on experience to help grow your career!

About the company:

AmeriHome Mortgage is a Western Alliance Bank company. Western Alliance Bank is a wholly owned subsidiary of Western Alliance Bancorporation. Alliance Bank of Arizona, Alliance Association Bank, Bank of Nevada, Bridge Bank, First Independent Bank, and Torrey Pines Bank are divisions of Western Alliance Bank; Member FDIC.

Western Alliance Bancorporation is committed to equal employment and will consider all qualified applicants without regard to race, sex, color, religion, age, nation origin, marital status, disability, protected veteran status, sexual orientation, gender identity or genetic information. Western Alliance Bancorporation is committed to working with and providing reasonable accommodations for individuals with disabilities. If you are an individual with a disability and require a reasonable accommodation to complete any part of the application process and/or need an alternative method of applying, please email or call 602-386-2488. When contacting us, please provide your contact information and state the nature of your accessibility issue. We will only respond to inquiries concerning requests that involve a reasonable accommodation in the application process.

Western Alliance Bancorporation

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