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Quant Modeler - Analyst/Associate

Brookfield Asset Management, Inc New York, United States
Posted 2 months ago Permanent $115K – 150K
Location

Brookfield Place New York - 250 Vesey Street, 15th Floor

Business - Reinsurance

Brookfield's publicly traded Reinsurance business, Brookfield Reinsurance Partners Ltd., is a newly formed division of Brookfield focused on providing capital-based solutions to insurance companies and their stakeholders. Brookfield Reinsurance is positioned to act as a strong, long-term partner to the insurance sector, with a primary focus on the life, annuity and pension market in North America and Europe. The business provides annuity-based reinsurance products to insurance and reinsurance companies and also acts as a direct issuer of pension risk transfer products for pension plan sponsors. In doing so, the business seeks to match long-duration liabilities with a portfolio of high-quality investments in order to generate attractive, risk-adjusted returns.

Brookfield Culture

Brookfield has a unique and dynamic culture. We seek team members who have a long-term focus and whose values align with our Attributes of a Brookfield Leader: Entrepreneurial, Collaborative and Disciplined. Brookfield is committed to the development of our people through challenging work assignments and exposure to diverse businesses.

Job Description

Investment Analytics

We are looking for a full-time quantitative modeler to join our dynamic and growing quantitative analytics team to focus on cash flow and analytics projections for various public and private securities. The individual is expected to develop quantitative analytics and perform financial modeling, as well as the ongoing business support for all analytics requirements from the BAM Insurance Solution team.

This role requires both Python and SQL programming ability and comfort with emerging cloud-based technologies. You will work in a fast-paced, innovative and collaborative environment to build investment analytics infrastructure. In addition to building applications and analytics infrastructure, the candidate will support applications already built by the team, understand them and be able to debug when issues arise.

Key Responsibilities
  • Provides financial, analytical, modeling expertise to build quantitative models for business projects.
  • Implement, back test and validate current asset models.
  • Build visual tools for monitoring and adjusting model performance.
  • Collaborate with developers to build a robust analytics platform including data processing, analytics and cashflow projections, portfolio monitor and reporting.
  • Hands on modeling during the entire life-cycle
  • Conducting tests to ensure the accuracy and effectiveness of the models
  • Validating and recalibrating the models as needed
  • Providing comprehensive documentation for the models
  • Reviewing production results and providing analytical support for business decisions
Requirements
  • 2-4 years' experience in a quant modeling role, preferably in structured products
  • Advanced degree in financial engineering, statistics, mathematics, or similar quantitative field
  • Experience with structured credit (RMBS, CLOs, CMBS, ABS)
  • Experience with mortgage credit modeling (prepayments, defaults, severities)
  • Utilizing statistical models such as linear regression, logistic regression or time series model to estimate the relationship between outcome variable and risk factors, make predictions and forecast
  • Proficiency with Intex and Bloomberg. Experience with Polypaths, QRM or Yieldbook is a plus
  • Solid programing skills in Python, SQL, Excel/VBA
  • Excellent interpersonal and communication skills, both written and verbal
  • Ability to multi-task and work in a very fast-paced and team-oriented environment
Salary Range: $115K - 150K

Our compensation structure is comprised of a base salary and a short-term incentive program (cash bonus). Cash compensation tends to vary based on geography to account for local market conditions and is set to be market competitive. Compensation decisions are based on a number of factors including relative experience, overall years of experience, industry experience, education and designations

Brookfield is committed to maintaining a Positive Work Environment that is safe and respectful; our shared success depends on it. Accordingly, we do not tolerate workplace discrimination, violence or harassment.

We are proud to create a diverse environment and are proud to be an equal opportunity employer. We are grateful for your interest in this position, however, only candidates selected for pre-screening will be contacted.
Job ID  R2036266
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