Quantitative Valuation Analyst
| Company | Rocket Companies |
|---|---|
| Location | Detroit, MI, USA |
| Salary | $Not Provided – $Not Provided |
| Type | Full-Time |
| Degrees | Bachelor’s |
| Experience Level | Senior |
Requirements
- 5 years of experience in trading, reporting or a financial analysis
- Bachelor’s degree in finance, math, computer science, a related field or equivalent experience
- Extensive experience with Microsoft Excel, including but not limited to, ability to utilize formulas, pivot tables, graphs and charts
- Advanced experience with financial data analysis and reporting
- Extensive experience with mortgage servicing rights (MSR) valuation
- Extensive experience in prepayment/default modeling and related third party models
Responsibilities
- Lead the development of quantitative/analytic models that measure and value our MSR asset
- Design and implement improvements to MSR pricing valuation
- Analyze and summarize data, identify trends and concerns and recommend actions as necessary
- Drive MSR pricing strategies with limited direction
- Develop and calibrate prepayment and credit models used in MSR cash flow valuation
- Manage MSR interest rate risk models, formulating and recommending MSR hedge strategies
- Analyze daily MSR risk and P&L reports to ensure MSR hedges are performing as expected
- Develop and monitor controls related to the valuation of the MSR asset
- Serve as a mentor to junior analysts
Preferred Qualifications
- Experience using third-party MSR Cashflow tools (Compass, MIAC, QRM, Polypaths)
- Expert Knowledge of Excel Modeling
- Advanced SQL Proficiency