Financial Engineer

Integrated Financial Engineering Inc.; Rockville, Northern (MD, KY); Hybrid; USD 120,000 - 180,000; Full time

Job summary

Integrated Financial Engineering, Inc. in Rockville, MD is hiring to support, develop, and assess statistical, mathematical, and financial models for loss estimation, risk assessment, and performance measurement.

The role involves research across mortgage products, securities, and derivatives, with emphasis on econometric techniques and data-driven decision support. Collaboration with colleagues and clear communication of results are essential.

Qualifications

• Master’s degree in Finance, Economics, Statistics, Applied Mathematics, or related quantitative discipline.
• Advanced econometric analysis knowledge of time series and logistic regression.
• Solid statistical and data mining techniques including Machine Learning tools.
• Ability to handle large datasets using SAS, SQL, Matlab, STATA, and R

Responsibilities

• Support, develop, assess, and execute statistical, mathematical, and financial models for loss estimation, risk assessment, and valuation.
• Use analytical tools to provide ongoing analysis of programs/products with quantitative results.
• Conduct theoretical and empirical research in risk management across mortgage products, securities, and derivatives.
• Apply econometric techniques to provide practical solutions for business strategies.
• Utilize data mining and statistical techniques to develop analytic insights.
• Develop a database by incorporating client data into packaged database software; design database worksheet and UI.
• Perform quantitative analyses, modeling, and programming using SQL, R, or Python.
• Produce data visualization and interactive outputs with SAS or R.
• Identify opportunities to apply quantitative methods to improve business performance.
• Provide guidance to junior team members and communicate results clearly.

Skills

Econometric analysis

Data mining

Statistical methods

Machine learning basics

Education

Master’s degree in Finance, Economics, Statistics, Applied Mathematics, or related quantitative discipline

Tools

SAS

SQL

MATLAB

STATA

R

Job description

Employer

Integrated Financial Engineering, Inc.

Employment Type

Full-Time

Job Location

Rockville, MD

Job Duties

Support, develop, assess, and execute statistical, mathematical, and financial models for loss estimation, risk assessment, financial valuation, and performance measurement with some supervision. Use mathematical, logical, and software based analytical tools to provide ongoing analysis of existing and new programs/products; provide insightful suggestions backed by quantitative analytical results or reports; provide deeper analysis of risk, pricing, cash flow forecast, or information needed to develop and refine various financial models.

Conduct theoretical and empirical research using public and proprietary data in all areas of risk management, including mortgage products and securities, borrower behavior, investment and hedging strategies, residential property valuation, macroeconomic models, including of housing price and interest rates, financial valuation of finance assets and derivatives, economic capital, and stress testing;

Apply mathematical, statistical, and econometric techniques to provide innovative, thorough, and practical solutions to support business strategies and initiatives;

Utilize data mining and statistical techniques to develop analytic insights and sound hypotheses;

Develop a database by incorporating clients’ data into packaged database software; design database worksheet and user interface;

Conduct quantitative analyses, modeling, and programming using SQL, R, or Python;

Produce data visualization and interactive outputs with packages in SAS or R;

Perform ongoing ad hoc data and model analyses for clients;

Identify opportunities to apply quantitative methods to improve business performance;

Implement validation strategies and assess the quality and risk of model methodologies, outputs, and processes;

Apply understanding of relevant business context to properly interpret model results, monitor performance, and assess risks;

Provide guidance and coaching to junior team members on analyses and modeling projects;

Communicate technical subject matter clearly and concisely, both verbally and through written communication, via white papers, reports, and presentations to individuals of various backgrounds.

Requirements

Master’s degree in Finance, Economics, Statistics, Applied Mathematics, or other related quantitative discipline.

Advanced econometric analysis knowledge of time series and logistic regression.

Solid statistical and data mining techniques including Machine Learning tools.

Ability to handle large datasets using SAS, SQL, Matlab, STATA, and R