AVP, CONSUMER MODELING

Bayview Asset Management, LLC; New York (NY); On-site; USD 160,000 - 200,000; Full time

Job summary

Bayview Asset Management, LLC in New York seeks an Assistant Vice President, Research - Consumer Modeling to join their research team. The role involves developing statistical models for mortgage and consumer loans, analyzing collateral performance, and building monitoring data pipelines. The ideal candidate has a bachelor’s degree in a relevant field, strong programming skills (especially in Python), and experience with statistical modeling frameworks. Base compensation ranges from $160k to $200k, with bonus opportunities.

Qualifications

• Bachelor’s degree in a related field; engineering, mathematics, economics, business, data science.
• Experience with statistical programming languages, SQL databases, and reporting/business intelligence tools.

Responsibilities

• Develop various risk and credit models using in-house and/or bureau data.
• Create forecasting models using market-level data for consumer loan products.
• Assist in building out the consumer modeling team’s repositories.
• Build loan performance monitoring suites and creation of early warning systems.
• Establish data feeds and dashboards for tracking loan applications and performance.
• Develop and maintain credit risk strategies and origination policies.

Skills

Python

Statistical analysis

Data visualization

Credit risk modeling

Quantitative skills

Verbal communication

Written communication

Education

Bachelor's degree in a related field

Master's degree in a related field

Tools

Python

SQL databases

PowerBI

RShiny

Dash

Tableau

Job description

ABOUT US

Founded in 1993, Bayview Asset Management is an investment management firm focused on investments in mortgage and consumer credit, including whole loans, asset-backed securities, mortgage servicing rights, and other credit‑related assets.

POSITION SUMMARY

The candidate will be joining the research team at Bayview Asset Management in the position of Assistant Vice President, Research - Consumer Modeling. The research team develops and implements statistical models for the valuation of mortgage loans and consumer loan products. The candidate will play a critical role within the consumer modeling team, analyzing consumer loan collateral performance and associated credit policies, building out modeling and monitoring data pipelines, and creating and enhancing credit risk strategies. This work will require the candidate to work cross functionally across the enterprise, helping to support teams including the consumer whole loan team and emerging strategy businesses.

RESPONSIBILITIES

• Development of various risk and credit models using in‑house and/or bureau data for use across the business to drive consumer credit underwriting and/or ABS deal pricing decisions
• Creation of forecasting models using market‑level data for consumer loan products at both the loan‑level pool levels, and helping develop stress testing scenarios in response to macroeconomic events
• Assist in building out the consumer modeling team’s modeling and analysis repositories
• Building loan performance monitoring suites and creation of early warning systems of adverse performance within consumer loan portfolios
• Establishing data feeds and dashboards necessary to track and monitor loan applications, loan decisions, and loan performance for various Bayview emerging consumer lending businesses
• Development and maintenance of credit risk strategies and origination policies for various Bayview emerging consumer lending businesses

QUALIFICATIONS

• Bachelor’s degree in a related field; engineering, mathematics, economics, business, data science. Preferred master’s degree in a related field
• Experience with statistical program languages (Python, R, SAS, Stata), experience with SQL databases and reporting / business intelligence tools (PowerBI, RShiny, Dash, Tableau)

SKILLS

• Demonstrated expertise in a programming language for statistical analysis (Python strongly preferred)
• Demonstrated expertise building credit risk models
• Experience with statistical modeling frameworks, e.g. linear regression, logistic regression, gradient boosting, random forests
• Ability to develop clear visualizations of data using a visualization software
• Strong quantitative skills and a high aptitude for problem solving
• Exceptional verbal and written communication abilities

COMPENSATION

• Base compensation is expected to be $160-200k, with opportunity for a performance‑based bonus.

EEOC

Bayview is an Equal Employment Opportunity employer. All aspects of consideration for employment and employment with the Company are governed on the basis of merit, competence and qualifications without regard to race, color, religion, sex, national origin, age, disability, veteran status, sexual orientation, or any other category protected by federal, state, or local law.