Associate Quantitative Analyst
The Team: The Cash Flow Analytics Team is a global team that supports Analytical Personnel in the Global Structured Finance Group by providing Cash Flow Analysis that may be used as part of the analysis to support rating(s) and other credit opinions assigned and monitored, when warranted. This support may include the development of Cash Flow Engine Software.
The Role: We are looking for solid individual contributors with good problem solving, analytical thinking in the Cashflow Analysis of Mortgage backed securitization. The candidate should have experience in Python and VBA. This role will provide unique opportunities for mastering the key aspects of our business including in-depth cash flow and deal analysis. You will be part of the Global Cashflow Analytics team.
The Analyst will also help enhance work optimization tools, cash flow analysis tools, and credit models by working with SQL, VBA/VB Script, Intex API, Python, and other development tools. With the evolving business needs and development tools, a desire to learn and an ability to learn quickly is critical for success in this role.
+ Develop and maintain cash flow engines in Intex Dealmaker, Excel, and Python.
+ Review related legal documents like Prospectus and PPM.
+ Maintain and enhance Python projects that review the portfolio's cash flow output on a monthly basis.
+ Support administrative tasks related to cash flow engine procedures.
+ Analyze the credit risk in residential mortgage-backed securities by performing tasks that include modeling cash flows, reviewing legal documentation and maintaining the software code base of Structured Finance products
+ Participate actively in the design and build phases, to aim at producing high quality deliverables.
+ A Masters, CFA or accounting designation (enrolment or completion); completed a bachelor (or equivalent) degree in a subject such as finance, financial engineering, or similar quantitative discipline.
+ Advanced knowledge of Python or Excel / VBA functionality;
+ 0-3 years of Structured Finance experience, experience at a rating agency is a plus.
+ Familiarity with structured products market and technical expertise in using fixed income analytical software such as Intex (Dealmaker, Calc, Wrapper);
+ Self-starter and team player with demonstrated ability to work in a fast-paced environment.
+ Strong quantitative and analytical abilities, with a high attention to detail.
+ Excellent written/verbal communication and interpersonal skills.
+ Knowledge of SQL R, Matlab, C++/C# is a plus.
Morningstar is an equal opportunity employer.