Senior Quantitative Analyst

Boston, Massachusetts (US)
Salary commensurate with experience, up to $140k per year + discretionary annual bonus.
Jan 03, 2019
Feb 02, 2019
Job Function
Industry Sector
Employment Type
Full Time

The Debt Exchange, Inc.  (“DebtX”) is the largest full-service loan sale advisor and loan analytics provider in the country, servicing commercial banks, insurance companies, investment banks, debt funds and other financial institutions.  DebtX provides a creative and comfortable work environment and the exciting opportunity to be part of a fast-paced growing company. 

As part of our Quantitative Research Team, the Senior Quantitative Analyst will assist with the development and enhancement of the valuation models, communicate and interpret valuations results for clients, and perform statistical analysis and valuation of various commercial real estate, residential consumer and C&I loans. This position also interacts directly with our trading and development teams in the identification of key data elements for use in the asset pricing models.


  • Design, develop, and operate quantitative models to predict mark-to-market prices of loans based on proprietary secondary market trade database.
  • Work with software engineers to create system requirements and test the implementation of those requirements.
  • Communicate and interpret valuation results for clients and help to understand their needs and objectives.
  • Develop proficiency with proprietary trading database and tools to pull and analyze data for use in the statistical research and analysis.
  • Provide basic programming support in Matlab and VBA/Excel as needed.
  • Develop and produce loan portfolio valuation reports, perform stress test and model validation analysis.
  • Assist with ad hoc requests and projects.

Required Experience:

  • Graduate degree in Finance, Statistics, Engineering, Economics, Mathematics or other program that is technical and quantitative in nature.
  • Advanced Excel skills with VBA and Matlab programming experience.
  • Familiarity with SPSS or other statistical software packages.
  • 3-5 years of financial industry experience, preferably in credit analysis or risk management arena.
  • Familiarity with debt fundamentals.
  • Demonstrable basic financial acumen.
  • Strong attention to detail.
  • Team player with strong communication and interpersonal skills.
  • Strong analytical skills with the ability to dissect quantitative and qualitative information.
  • Passion and desire to work in a dynamic investment setting and culture of learning.

In joining our team, you'll enjoy great benefits, a creative work environment, and the exciting opportunity to be part of a fast-paced and growing company.  DebtX provides a competitive salary and generous benefit package, which includes medical & dental, long-term health care insurance, life insurance, long & short-term disability, paid vacation, sick time and holidays, and a 401K retirement plan with a company match.

Please include a cover letter with your resume and email to or via the web at

This position is located in our Boston, MA headquarters. 

Local candidates only, please.

It is the policy of The Debt Exchange, Inc. to afford equal employment opportunity to all qualified persons regardless of race, color, religion, national origin, genetic information, age, military status, protected veteran status, sexual orientation, disability status, gender or any other characteristic protected by federal or state law.