Mortgage Valuation Specialist

Mission Staffing; New York (NY); On-site; USD 120,000 - 160,000; Full time

Job summary

Mission Staffing is seeking a Structured Products Valuation professional for an immediate role in New York City. The ideal candidate will manage the valuation of mortgage-backed securities and derivatives, ensuring compliance with valuation policies. Applicants should have over 7 years of mortgage valuation experience and a strong quantitative background in derivatives modeling. This role offers an exciting opportunity to work within a collaborative team and to take ownership of specialized products.

Qualifications

• 7+ years of mortgage valuation experience in agency and non-agency products.
• Deep knowledge of derivatives valuation modeling principles is essential.
• Strong communication skills and leadership capabilities required.

Responsibilities

• Manage valuation of mortgage-backed securities and derivatives.
• Oversee market data inputs ensuring policy compliance.
• Conduct price testing analysis and model validations.

Skills

Mortgage valuation

Quantitative analysis

Derivatives valuation modeling

Interpersonal skills

Problem-solving

Leadership

Job description

A highly regarded investment firm has an immediate opening for a Structured Products Valuation professional in New York City. This is an exciting opportunity to take ownership of a specialized and expanding book within a well-established and collaborative team.

Responsibilities

• Manage the valuation of mortgage-backed securities, including specified pools, CMOs, TBA/TBA options, and non-agency products
• Oversee market data inputs to valuation models, ensuring compliance with the firm’s valuation policy
• Perform model validation for new or upgraded valuation models supporting new products and system enhancements
• Conduct price testing analysis against counterparty valuation and third-party pricing vendors
• Maintain valuation support documentation to evidence the accuracy of investment valuations
• Partner with investment professionals, Risk, and other supporting teams on pricing, valuation, P&L, and valuation models
• Collaborate with the Technology team to implement valuation setups for new products and automate valuation processes

Requirements / Qualifications

• 7+ years of mortgage valuation experience covering agency MBS, including specified pools, CMOs, TBA/TBA options, and non-agency products (RMBS, CMBS, CLO)
• Strong quantitative or finance background with deep knowledge of derivatives valuation modeling principles
• Familiarity with financial products and Greeks, particularly in the derivatives space
• Strong sense of ownership with the ability to resolve issues independently
• Excellent interpersonal and communication skills, written and verbal, with experience working cross-functionally
• Leadership skills to educate, train, and develop others within a valuation team