Quantitative Valuation Analyst
Detroit, MI - USA
Job Summary
As the Quantitative Valuation Analyst youanalyzebusinessinformation and trends to inform or make strategic and/or trading support efforts to improve pricing and valuation strategies related to the MSR asset.
About therole
Develop and maintain quantitative/analytic models or tools that estimate the changes in value of various mortgage assets
Design and implement improvements to current reporting and/or database structures
Analyze and summarize data identify trends and concernsand recommend actions as necessary
Create and publish daily team reports based on findings
Develop and review assumptions used in MSR cashflow valuation
Analyze daily MSR risk and P&L reports to ensure MSR hedges are performing as expected
Aboutyou
Minimum Qualifications
2years ofexperience intrading reporting or financial analysis
Bachelors degreeinfinancemathcomputerscience a related fieldorequivalentexperience
Advanced experience with Microsoft Excel including but not limited to ability to utilize formulas pivot tables graphs and charts
Knowledge of mortgage process and mortgage capital markets activities
Advanced knowledge of mortgage cash flow modeling concepts
Preferred Qualifications
Advanced experience with financial analysis and reporting
Advanced knowledge of Excel Modeling
Proficiency with SQL
Knowledge of MSR valuation concepts including prepayments and defaults
Whatyoullget
Our team members fuel our strategyinnovationand growth so we ensure the health and well-being of not just you but your family too! We goabove and beyondto give you the support you need on an individual level and offer all sorts of ways to help you live your best life. We are proud to offer eligible team members perks and health benefits that will help you have peace of mind. Simply put:Wevegot your back. Check out our full list ofBenefits and Perks.
Aboutus
Rocket Mortgagewas founded in 1985. Todaywerea Detroit-based publicly traded company with a mission to Help Everyone Home. At Rocket Mortgage we believe that home is more than the house you live in. Our wide variety of home loan options tools and resources empower our clients to achieve their homeownership dreams.Wereknown as experts in the mortgage industry butwerealso innovators we strive to create the best experiences for our clients from beginning to end. Andwerenot your typical employer.Wereinsistently different in how we look at the world and are committed to an inclusive workplace where every voice is heard.Apply today to join a team that offers career growth amazingbenefitsand the chance to work with leading industry professionals.
This job description is an outline of the primary responsibilities of this position and may bemodifiedat the discretion of thecompany at any time. Decisions related to employment are not based on race color religion national origin sex physical or mental disability sexual orientation gender identity or expression age military or veteran status or any other characteristic protected by state or federal law. Thecompany provides reasonableaccommodationsto qualified individuals with disabilitiesin accordance withapplicable state and federal laws. Applicantsrequiringreasonable accommodations in completing the application and/orparticipatingin the application process should contact a member of the Human Resources team at.
Required Experience:
IC
About Company
The future of fintech is today. Join our team and explore the infinite possibilities of Rocket.