Quantitative Data Scientist - Mortgages (VP)
Job Title: Vice President – Mortgages Data Scientist
Location: New York, NY
Base Pay Range: $200,000 – $250,000 per year.
We are seeking a Vice President of Data Science with expertise in mortgage analytics to join a leading quantitative team. This role focuses on applying advanced AI/ML techniques to mortgage modeling and predictive analytics, driving innovation that informs trading strategies and risk management.
Key Responsibilities
- Develop and deploy AI/ML models for mortgage prepayment and default forecasting to enhance decision‑making.
- Partner with trading, research, technology, and risk teams to deliver data‑driven solutions.
- Explore and integrate new datasets, alternative data sources, and cutting‑edge modeling approaches to improve accuracy and insight.
- Maintain rigorous model governance and performance monitoring aligned with industry best practices.
- Provide thought leadership in data science and mortgage analytics, mentoring junior team members and promoting best practices.
Required Qualifications
- Advanced degree (Master’s or Ph.D.) in Computer Science, Statistics, Applied Mathematics, or a related quantitative discipline.
- Demonstrated experience implementing AI/ML solutions in financial modeling, preferably within mortgages or structured products.
- Strong programming proficiency in Python.
- Solid understanding of fixed‑income instruments and structured finance concepts.
- Ability to manage large, complex datasets and apply advanced techniques for time‑series forecasting and predictive modeling.