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Financial Engineer

Company: loanDepot
Location: Plano
Posted on: August 5, 2022

Job Description:

loanDepot, America's lender, matches borrowers through technology and high-touch customer care with the credit they need to fuel their lives. While there are many loan-touch career opportunities within loanDepot, we could not take care of our employees, nor our customers, without the amazing support of our corporate teams. From HR & Marketing to Finance & Compliance, #TeamloanDepot is always searching for the best talent out there. With over $100 billion in funded loans since inception, the evolution & enthusiasm is not slowing down anytime soon. Come join us.loanDepot We are Americas Lender.Position Summary:The Financial Engineer will be a member of loanDepot Capital Markets team whose primary task is the development and delivery of quantitative tools to help price and risk-manage mortgage and consumer asset cashflows. The Financial Engineer will participate in the implementation of such tools and interact with Trading, Technology, Risk and Accounting to ensure efficient, timely and accurate delivery of tools supporting Capital Markets functions.Responsibilities:Develop cashflow valuation applications for amortizing loan assets and structured asset-backed securitiesSupports analytics for mortgage application pipeline, mortgage-servicing rights, mortgage execution and hedgingSupports analytics for non-guaranteed consumer lending including portfolio construction / origination and ongoing portfolio monitoring (pre-payment, default, etc) geared towards securities market executionDevelop surveillance tools to monitor capital markets performance and hedging efficiencyDevelop robust fixed income loan pricing platform across a wide variety of mortgage and non-mortgage productsImplementation of predictive models (prepayment, default, pull through, etc.)Mine large commercial and proprietary datasets to identify borrower trends and monitor performanceStrong organizational skills required to execute on complex projects with autonomy and close attention to detailBeing able to perform in an emerging-growth, entrepreneurial environmentAbility to manage deadlines across many disparate projectsAptitude for quick and open-ended problem solving with little hand-holdingBeing pro-active to seek out relevant informationBeing diligent about task automation and monitoring to remain efficient with lean resourcesLeverage vendor-provided tools when necessaryRequirements:1 plus yrs ProgrammingPython and SQL. required, Snowflake, AWS preferredModeling experience preferredAdvanced programming and development skills in the context of finance and fixed-income applications preferredAbility to communicate complex concepts to non-technical staffRequired Level of Education: BS in Math or Quantitative related fieldWhy work for #teamloanDepot:Aggressive earning potential and 401K with robust company matchInclusive, diverse and collaborative culture where people from all backgrounds can thriveWork with other passionate, purposeful and customer-centric peopleExtensive internal growth and professional development opportunities including tuition reimbursementComprehensive benefits package including Medical/Dental/VisionWellness program to support both mental and physical healthGenerous paid time off for both exempt and non-exempt positionsWe are an equal opportunity employer and value diversity in our company. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.PM17#LI-JCLPI187841111

Keywords: loanDepot, Plano , Financial Engineer, Accounting, Auditing , Plano, Texas

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