Financial Engineer

ICE Clear Europe Limited; New York (NY); On-site; USD 100,000 - 141,000; Full time

Benefits offered by this job

Healthcare benefits

401(k) plan

Life insurance

Paid leave

Time off

Job summary

Intercontinental Exchange, Inc. is seeking a highly skilled quantitative professional to work with the development team on financial tools for loan data analysis and modeling.

You will design, develop and calibrate models, analyze large panel datasets, and provide actionable analytics and scenario guidance for mortgage markets. The role emphasizes AI/ML techniques, cross-functional collaboration, and rigorous documentation of methodologies and findings, with a focus on delivering robust

Qualifications

• Master’s degree or equivalent in Financial Engineering, Mathematics or related field.
• 3+ years of progressively responsible experience in a quantitative field preferred.
• Proficiency in SQL, databases, scripting languages, and Python.
• Creativity, Innovation, and Passion in quantitative research and modeling.
• Hard worker and team player, highly self-motivated in learning and applying new techniques.
• Preferred knowledge of real world business problems and multiple computing environments.
• Strong oral communication and documentation skills.
• Strong understanding of financial markets and market behavior.

Responsibilities

• Develop, analyze, test, and calibrate financial models, tools, and products.
• Explore and leverage AI/ML techniques for quantitative modeling.
• Design, develop, recalibrate and deploy prepayment and credit models for mortgage market.
• Provide comprehensive analysis and documentation of methodologies and findings.
• Investigate and manage large panel data sets.
• Explain model behavior and conduct scenario analyses for guidance.
• Collaborate with Research and Development on application and development of financial tools.
• Provide quantitative reports on mortgage market performance and risk factors.
• Support valuation and pricing projects via ad hoc analyses.
• Assist in transaction planning and structuring by contributing to credit analysis and pricing strategies.
• Collaborate with business owners to design interfaces for recording indicators and to research best practices for reporting performance metrics.
• Develop test cases and validate systems for analytics, pricing, risk management, and credit analysis.

Skills

SQL

Python

Scripting languages

Quantitative analysis

Education

Master’s in Financial Engineering

Job description

Overview

Job Purpose

Work closely with the Development Team on the application and product development of financial tools. Provide consulting and analysis to clients using these tools. Perform ad hoc data analysis as needed and assist managers of specific product lines with analytical projects. Design test cases and test applications for systems to ensure the business needs are met and analytics are correctly implemented. Examine current model’s functionalities and explore new tools to optimize workflow efficiency. Develop and maintain databases and data systems to support loan data analysis and modeling. Design, develop, and maintain data pipelines and architectures to support loan data analysis and modeling. Explore new technologies, tools, and methodologies to enhance existing loan data solutions and models.

Responsibilities

• Develop, analyze, test, and calibrate financial models, tools, and products.
• Explore and leverage cutting-edge Artificial Intelligence and Machine Learning techniques for quantitative modeling purposes.
• Design, develop, recalibrate and deploy prepayment and credit models for mortgage market.
• Furnish comprehensive analysis and documentation elucidating methodologies, techniques, and discoveries.
• Investigate and manage large data sets, specifically panel data
• Explain model behavior, carry out scenario analysis, provide guidance and analytics.
• Collaborate with Research and Development on the application and development of financial tools.
• Provide quantitative reports on mortgage market performance and risk factors, including their potential impact.
• Explain model behavior, conduct scenario analyses, and offer guidance and analytics.
• Perform ad hoc analyses and support with valuation and pricing projects.
• Assist in transaction planning and structuring by contributing to credit analysis and pricing strategies.
• Collaborate with business owners to design and implement interfaces for recording key indicators, and research industry best practices for analyzing and reporting performance metrics.
• Develop test cases and validate systems used for analytics, pricing, risk management, and credit analysis to ensure alignment with business needs and accurate implementation.
• Perform other duties as assigned.

Knowledge and Experience

• Master’s degree or equivalent in Financial Engineering, Mathematics or related field.
• 3+ years of progressively responsible experience in a quantitative field preferred.
• Proficiency in SQL, databases, scripting languages, and Python.
• Creativity, Innovation, and Passion in quantitative research and modeling.
• Hard worker and team player, highly self-motivated in learning and applying new techniques.

Preferred Knowledge and Experience

• Ability to solve real world business problems using quantitative and computational techniques.
• Ability to implement algorithms in multiple computing environments and languages.
• Strong oral communication and documentation skills.
• Strong understanding of financial markets and market behavior.

New York Base SalaryRange

The expected base salary for this role, if located in New York, is between $100,100–$140,800USD. The base salary range does not include Intercontinental Exchange’s incentive compensation. While we provide this range as general guidance, at ICE we compensate employees based on the skillset and experience of the individual. Regular full-time ICE employees are eligible for a suite of competitive employee benefits, including healthcare coverage (medical, dental and vision), a 401(k) plan, life insurance, time off, and paid leave for qualifying circumstances.

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Intercontinental Exchange, Inc. is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to legally protected characteristics.