Senior Quantitative Modeling Lead

Mastech Digital
Pittsburgh, PA
26 Mar 2024

Vacancy expired!

Mastech Digital provides digital and mainstream technology staff as well as Digital Transformation Services for all American Corporations. We are currently seeking a

Senior Quantitative Modeling Lead for our client in the

Financial Services domain. We value our professionals, providing comprehensive benefits and the opportunity for growth. This is a

Contract to Hire position, and the client is looking for someone to start immediately.

Duration: 6-12+ Months Contract to Hire

Location: Remote (Lafayette LA, Belton, TX, Reston, VA, Plano, TX)

Role: Senior Quantitative Modeling Lead

Primary Skills: R

Role Description: The

Senior Quantitative Modeling Lead must have at least 6+ years of experience. As a valued colleague on the team, you will, under limited supervision, conduct theoretical and empirical research with public and proprietary data in all areas of mortgage finance business, including mortgage products and securities, borrower behavior, investment and hedging strategies, residential property valuation, macroeconomic models including housing prices and interest rate, financial valuation of finance assets and derivatives, economic capital, and stress testing.

Qualifications: - 6+ years of related experience - Experience in model development and implementation for forecasting, working with both modelers and business users - Empirical experience or academic training on econometrics or statistics, including data preparation and model estimation - Ability to assess model implementation quality and production control risk with minimal supervision - Ability to evaluate data sources deeply and thoroughly to improve forecast models - Ability to provide customer support in the areas of model forecast and analytics - Ability to design and build influential presentations and reports, oral and written, for diverse business audiences - Strong communication skills, including the ability to communicate technical results to non-technical audience - Ability to work in a team environment, establish and maintain relationships within and across division - Demonstrated experience using some of the programming languages commonly used in model and application development - Ability to review technical requirements and provide prototype code and test results to assist application development team in implementing new/updated models

Desired Skillset: - The group of skills related to Programming including coding, debugging, and using relevant programming languages. - Experience evaluating businesses, projects, budgets, and other financial entities or instruments to determine viability, stability, and performance. - Focused experience in artificial intelligence (AI), including machine learning and natural language processing (NLP) - Skilled in presenting information and/or ideas to an audience in a way that is engaging and easy to understand. - Expertise in using statistical methods, including developing and testing hypotheses, using experimental design, and running linear and logistic regressions - Skilled in documentation and database reporting for the purposes of analysis, data discovery, and decision-making with the use of relevant software such as Crystal Reports, Excel, or SSRS - The group of skills related to Business Insight including advising, designing business models, interpreting customer and market insights, forecasting, benchmarking, etc. - Experience gathering accurate information to explain concepts and answer critical questions - Experience in the process of analyzing data to identify trends or relationships to inform conclusions about the data - Demonstrated experience in financial services/banking industry; mortgage industry preferred - Proficient in SAS/R and experience with Python. - Knowledge of relational Databases/SQL - Demonstrated academic training or empirical experience on econometrics or statistics, including data preparation and model estimation - Ability to review technical requirements and provide prototype code and test results to assist application development team in implementing new/updated models - Experience in financial services/banking industry; mortgage industry experience preferred - Independently conduct research on model development, implementation, and performance tracking and enhance models to meet specific analytical needs - Demonstrated experience in examine mortgage data and model outputs and determine the efficacy of current analytical standards or models - Independently perform ad hoc analysis for clients needing quantitative analysis of credit risk, product valuation, and asset analysis

Education Requirement: - Bachelor's degree in computer science, Information Systems or related field - PhD degree in Economics, Statistics, Finance, or other related field preferred

Tools: - Experience using R - Skilled in SAS - Skilled in Python object-oriented programming - Skilled in Excel

Education: Bachelors degree in Computer Science, Electrical/Electronic Engineering, Information Technology or another related field or Equivalent

Experience: Minimum 6+ years of experience

Relocation: This position will not cover relocation expenses

Travel: No

Local Preferred: Yes

Note: Must be able to work on a W2 basis (No C2C)

Recruiter Name: Murali Dokka

Recruiter Phone: (Ext: 2740)

Equal Employment Opportunity

Minimum Education Required: Bachelor

Years of Experience Required: More than 5 years

Expected Travel Time: None
  • ID: #49550702
  • State: Pennsylvania Pittsburgh 15201 Pittsburgh USA
  • City: Pittsburgh
  • Salary: Market
  • Job type: Contract
  • Showed: 2023-03-26
  • Deadline: 2023-05-25
  • Category: Et cetera