Quicken Loans

Quantitative Valuation Analyst

Quicken Loans  •  Detroit, MI (Onsite)  •  4 days ago
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Job Description

As the Quantitative Valuation Analyst, you analyze business information and trends to inform or make strategic and/or trading decisions. You support efforts to improve pricing and valuation strategies related to the MSR asset.

About therole

  • Develop and maintain quantitative/analytic models or tools that estimate the changes in value of various mortgage assets

  • Design and implement improvements to current reporting and/or database structures

  • Analyze and summarize data, identify trends and concerns and recommend actions as necessary

  • Create and publish daily team reports based on findings

  • Develop and review assumptions used in MSR cash flow valuation

  • Analyze daily MSR risk and P&L reports to ensure MSR hedges are performing as expected

Aboutyou

Minimum Qualifications

  • 2 years of experience in trading, reporting or financial analysis

  • Bachelor’s degree in finance, math, computer science, a related field or equivalent experience

  • Advanced experience with Microsoft Excel, including but not limited to, ability to utilize formulas, pivot tables, graphs and charts

  • Knowledge of mortgage process and mortgage capital markets activities

  • Advanced knowledge of mortgage cash flow modeling concepts

Preferred Qualifications

  • Advanced experience with financial analysis and reporting

  • Advanced knowledge of Excel Modeling

  • Proficiency with SQL

  • Knowledge of MSR valuation concepts, including prepayments and defaults

Whatyou’llget

Our team members fuel our strategy,innovationand growth, so we ensure the health and well-being of not just you, but your family, too! We goabove and beyondto give you the support you need on an individual level and offer all sorts of ways to help you live your best life. We are proud to offer eligible team members perks and health benefits that will help you have peace of mind. Simply put:We’vegot your back. Check out our full list of Benefits and Perks.

Aboutus

Rocket Mortgage®was founded in 1985. Today, we’rea Detroit-based, publicly traded company with a mission to Help Everyone Home. At Rocket Mortgage, we believe that home is more than the house you live in. Our wide variety of home loan options, tools and resources empower our clients to achieve their homeownership dreams.We’reknown as experts in the mortgage industry, butwe’realso innovators – we strive to create the best experiences for our clients from beginning to end. Andwe’renot your typical employer.We’reinsistently different in how we look at the world and are committed to an inclusive workplace where every voice is heard. Apply today to join a team that offers career growth, amazingbenefitsand the chance to work with leading industry professionals.

This job description is an outline of the primary responsibilities of this position and may bemodifiedat the discretion of thecompany at any time.  Decisions related to employment are not based on race, color, religion, national origin, sex, physical or mental disability, sexual orientation, gender identity or expression, age, military or veteran status or any other characteristic protected by state or federal law.  Thecompany provides reasonableaccommodationsto qualified individuals with disabilitiesin accordance withapplicable state and federal laws.  Applicantsrequiringreasonable accommodations in completing the application and/orparticipatingin the application process should contact a member of the Human Resources team, atCareers@Rocket.com

Quicken Loans

About Quicken Loans

Welcome to the NEW Quicken Loans, the cutting-edge online marketplace transforming the way you find

financial providers. On November 1, 2023, Quicken Loans came under the control of LMB OpCO, and is now a financial marketplace platform connecting customers with a wide range of services, including mortgages, personal loans, home services, auto loans, and more. Our passion lies in simplifying the process of choosing the perfect solution for your unique financial needs, and we've made it our mission to empower you with the information you need to make confident decisions.

NMLS #167283 | NMLS Access: nmlsconsumeraccess.org

Industry
Finance & Insurance
Company Size
5,001-10,000 employees
Headquarters
Detroit, MI
Year Founded
Unknown
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