Mortgage Modeling Engineer | AI-Driven Quantitative Tools

Intercontinental Exchange Holdings, Inc.; New York (NY); On-site; USD 100,000 - 141,000; Full time

Benefits offered by this job

Healthcare benefits

401(k) plan

Paid time off

Job summary

Intercontinental Exchange, Inc. in New York is seeking a quantitative analyst to join the Development Team on the application and product development of financial tools for loan data analysis and modeling.

You will design, calibrate, and deploy mortgage prepayment and credit models, analyze large panel datasets, provide analytics and documentation, and collaborate with R&D on data pipelines and pricing strategies.

Qualifications

• Master’s degree or equivalent in Financial Engineering, Mathematics or related field.
• 3+ years of quantitative experience 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.

Responsibilities

• Develop, analyze, test, and calibrate financial models, tools, and products.
• Explore and leverage cutting-edge AI and ML 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.

Skills

SQL

Databases

Scripting languages

Python

Education

Master's degree in Financial Engineering or Mathematics

Job description

Intercontinental Exchange, Inc. in New York is seeking a quantitative analyst to join the Development Team on the application and product development of financial tools for loan data analysis and modeling.

You will design, calibrate, and deploy mortgage prepayment and credit models, analyze large panel datasets, provide analytics and documentation, and collaborate with R&D on data pipelines and pricing strategies.