Senior Quantitative Researcher (Structured Products)

Locations: New York, NY, Boston, MA, and Chicago, IL

Working Environment: Hybrid

Attention all experts in quantitative analysis! We're seeking a Senior Quantitative Researcher to elevate FactSet’s advanced analytics in structured products to the next level. The Senior Quantitative Researcher will work on enhancing the quality and coverage of FactSet’s advanced quantitative analytics offerings in structured products. In this role, the senior researcher leads the research projects in mortgage prepayment models and has the opportunity to guide several junior searchers. In addition, regular collaboration with product management, sales, software engineering, and model validation is required to direct the execution of the directions set by the directors and analytics leadership team.

Our fixed-income research and development team consists of self-motivated, articulate, and highly skilled professionals—a unique blend of people with highly quantitative skill sets. We are seeking a smart and highly motivated senior quantitative researcher to join the mortgage research team.

They will be responsible for

• Participate in every stage of FactSet’s modeling of fixed income and structured product securities as part of an international team of world-class specialists in mathematical finance. 

• Responsible for creating and updating advanced mathematical models for financial securities such as agency mortgage-backed securities, non-agency RMBS, credit risk transfer bonds, multifamily securities, etc. 

• Collaborate with groups across the organization to identify, design, and execute project plans and enhancements related to fixed-income analytics.  

• Implement updates to the FactSet prepayment model, credit model, and analytical functionality in a complex code base.   

• Test and analyze new features, models, and methodologies. Write up documentation and client-facing whitepaper.  

Job Requirements

• 5+ years working in fixed-income markets and structured products.

• Master in Financial Engineering, Math, Computer Science or closely related field. 

• Exceptional analytical proficiency and problem-solving skills. Strong knowledge of statistical analysis. Ability to communicate complex concepts clearly and effectively.

• Strong verbal communication skills and works well in a team environment.

• Agile, action-oriented, quick thinker: you can deliver preliminary results quickly by simplifying assumptions and taking time to dive deeper if our business priorities allow and the problem demands more scientific rigor.

• Hands-on experience in programming (C++ or Python) and knowledge of object-oriented paradigms is preferable.  

Any of the following will be considered an advantage

• Experience in risk modeling is preferable

• Experience with the CMBS/CLO market is a plus

• Knowledge in SQL, preferably on MSSQL Server

• Professional experience with FactSet is a plus

The budgeted amount range for this position in New York City is $184,000 - $240,000

FactSet is a financial data and software company headquartered in Norwalk, CT, with offices in 48 locations worldwide. As a global financial information and analytics provider, FactSet helps the world’s best investment professionals outperform. More than 170,000 users across 7000+ clients stay ahead of global market trends, access extensive company and industry intelligence, and monitor performance with FactSet’s desktop analytics, mobile applications, and comprehensive data feeds. As of August 2023, the annual subscription value reached $2.2 billion.

We offer:

A friendly business casual atmosphere in a workplace that consists of diverse talents and working environment driven by challenges, recognition, and rewards. Nice office location, competitive compensation package, flexible working hours, option for working remotely are also included.

What’s In It For You:

• Flexible work accommodations. Choose to work remotely, in person, or in a hybrid set-up

• The opportunity to join a growing firm with a proven track record of success for over 40 years, made up of thoughtful, innovative minds that value collaboration and welcome your new ideas to the table

• Mentorship and growth opportunities from senior employees

• Career progression planning and a focus on career development, complete with dedicated time each month for conference attendance, online learning seminars, and networking

• A robust social community dedicated to volunteerism, intramural sports, and team-building events

• Business resource groups that align with our DE&I strategy, designed to cultivate an inclusive environment for all

Learn more about our benefits here.

Returning from a break?

We are here to support you! If you have taken time out of the workforce and are looking to return, we encourage you to apply and chat with our recruiters about our available support to help you relaunch your career.

At FactSet, we celebrate diversity of thought, experience, and perspective. We are committed to disrupting bias and a transparent hiring process.  All qualified applicants will be considered for employment regardless of race, color, ancestry, religion, sex, national origin, sexual orientation, age, citizenship, marital status, disability, gender identity or veteran status. FactSet participates in E-Verify.

FactSet is an Equal Opportunity Employer – M/F/Veteran/Disability/Sexual Orientation/Gender Identity

At FactSet, we celebrate diversity of thought, experience, and perspective. We are committed to disrupting bias and a transparent hiring process.  All qualified applicants will be considered for employment regardless of race, color, ancestry, religion, sex, national origin, sexual orientation, age, citizenship, marital status, disability, gender identity or veteran status. FactSet participates in E-Verify

FactSet is an Equal Opportunity Employer – M/F/Veteran/Disability/Sexual Orientation/Gender Identity