POSITION: AVP, Special Projects DESCRIPTION: Serve within the research group at Bayview Asset Management, which develops statistical models, conducts qualitative and quantitative analyses for the valuations of mortgages,
consumer financial products, and other credit-related assets to support the investment teams across the whole firm. Responsibilities include:
- Analyzing the performance of consumer financial products (e.g. home improvement loans, solar loans/lease, personal loans, student loans, auto loans);
- Utilizing statistical analyses and/or machine learning techniques to develop insight into borrower, servicer and lender behavior to identify trends and outliers;
- Developing statistical modelling to forecast future behavior;
- Developing and maintaining cash flow engines for consumer financial products;
- Evaluating future cash flow for investments;
- Developing efficient data management, surveillance and quality assurance procedures for all internal and external data sources;
- Performing ad-hoc quantitative analysis on various investment opportunities.
- This position allows for a hybrid schedule with three (3) days in office and two (2) days remote.
REQUIREMENTS: Master's degree or foreign equivalent in hard science, operations research, math, computer science, engineering, or finance, and four (4) years of experience working in a data driven environment. Requires 4 years of experience in/with the following:
- Conducting credit analysis on a broad range of consumer financial products, including but not limited to point-of-sale BNPL, marketplace lending (MPL) unsecured consumer loans,
- recreational vehicle loans and small business loans.
- Direct deal evaluation, involving throughout the full deal lifecycle, including credit underwriting, base and stress-case yield analysis, deal negotiations, term sheet and legal document
- review, post-close performance monitoring, and quarterly valuation analysis.
- Evaluating investment opportunities across the deal pipeline, performing quantitative analysis on large-scale loan-level datasets and delivering comprehensive credit assessments,
- conducting asset-level unlevered and deal-level levered cash flow analysis, credit policy reviews, assessments of underwriting standards, and detailed reviews of structural provisions
- within term sheets and legal documentation.
- Developing statistical, stochastic, or machine learning models to forecast defaults, prepayments, delinquencies, recoveries, etc.
- Leading portfolio surveillance and risk management, including the design and development of interactive dashboards to monitor portfolio performance and key risk indicators.
- Monitoring cumulative losses, CDRs, CPRs, recoveries, ROA, ROE, WAC, WA FICO, and other portfolio performance metrics to support post-close portfolio monitoring, investment
- evaluation, and risk management decision-making.
- Building and maintaining cash flow engines for consumer finance or structured credit investments across forward flow, mezzanine financing, and bulk purchase transaction structures.
- Programming experience in Python (pandas, NumPy, SciPy, scikit-learn) and SQL for financial modeling, automation, data analysis, and large-scale data management.
- Communicating quantitative analysis, portfolio insights, and investment recommendations effectively to both technical and non-technical stakeholders.
- This position allows for a hybrid schedule with three (3) days in office and two (2) days remote.
HOURS: Monday through Friday, 40 hours per week
LOCATION: New York, New York
This position allows for a hybrid schedule with three (3) days in office and two (2) days remote. SALARY RANGE: $190,000 - $195,000 per year
APPLICANTS: Email resume to humanresources@bayview.com Reference Code # 10437152 required when applying.
