Junior Quantitative Researcher Job at Parallel Consulting, Miami, FL

Mlh0UGxKVjZ1dzMvS1NvbmhaUXZXTGc0bXc9PQ==
  • Parallel Consulting
  • Miami, FL

Job Description

Junior Quantitative Researcher - Mortgage/Credit Products

Background

We're partnering with the Head of Research and Quantitative Modeling at a top investment management firm expanding its mortgage modeling and research group.

Responsibilities

  • Develop and refine mortgage prepayment and default models to enhance predictive accuracy.
  • Conduct in-depth research and data analysis to uncover key drivers of loan performance.
  • Implement advanced modeling techniques to improve efficiency and forecasting.
  • Perform back-testing and performance analysis to optimize model outputs.
  • Communicate complex quantitative insights to portfolio managers and traders.
  • Collaborate with cross-functional teams to integrate research findings into risk and investment strategies.

Requirements

  • Bachelor’s degree in Finance, Economics, Mathematics, or a related quantitative field (high GPA from a top institution).
  • 1–5 years of relevant experience in data-driven research at a buy-side or sell-side firm.
  • Proficiency in Python and SQL.
  • Quantitative skills and knowledge of prepayment models would be valuable.
  • Excellent communication skills with an ability to collaborate with PM/Traders.

Location: Miami

Compensation: $150-200k TC (Base + Bonus)

Job Tags

Similar Jobs

Unify Recruit

Boiler Technician Job at Unify Recruit

Job Summary: Seeking an experienced Boiler Service Journeyman to join a skilled mechanical team. This role involves the inspection, maintenance, repair, installation, and modification of boiler systems and related equipment for commercial, industrial, and institutional...

Fourth Floor

Warehouse Associate - Luxury Womenswear Label Job at Fourth Floor

 ...discrepancies Support both e-commerce and wholesale order fulfillment Keep packing stations and storage areas impeccably clean and well-stocked Adhere to health and safety protocols, including proper lifting techniques and equipment use Communicate clearly and... 

Fred Astaire Dance Studios

Dance Professional Job at Fred Astaire Dance Studios

 ...Fred Astaire Dance Studios is growing! We are excited to expand our team of professionals and are hiring male and female Dance Instructors . Whether you have years of dance and instruction experience or none at all, you could have a successful future with us! If you... 

Canvas

Acquisition Program Analyst (UH PO) Job at Canvas

 ...Analyst to support BMD contract management and administrative functions for the US Army Utility Helicopters Project Managers office( UH PO). Duties will include, but are not limited to the following: Supports acquisition planning and contracts management by providing... 

Eataly North America

General Manager of Restaurants Job at Eataly North America

 ...... for our guests to: EAT authentic Italian food at our restaurants, cafs and to-go counters SHOP a selection of high-quality...  ... you can find it all in our various restaurants! The General Manager of Restaurants directs the front of house operations of all...