Director, Senior Front Office Prepayment and Credit Quant at Dr Bill RBC Ventures

New York, New York, United States -

Full Time

Start Date

Immediate

Expiry Date

04 Jan, 26

Salary

275000.0

Posted On

06 Oct, 25

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Quantitative Skills, Programming Skills, Model Development, Default Modeling, Loss Severity Modeling, Model Design, Coding, MBS Knowledge, ABS Knowledge, Analytic Tools, Operational Risk Identification, Control Deficiencies, Communication Skills

Industry

Banking

Description

Job Description What is the opportunity? The Director, Senior Front Office Prepayment and Credit Quant focuses on developing, implementing, and maintaining securitized products and structured credit default, prepayment, and pricing tools and otherwise providing analytic support to front office acquisition, management, and disposal of structured assets. What will you do? Apply quantitative and programming skills to research, develop, test, and implement structured credit pricing / default / loss models Build and maintain agency and non-agency mortgage prepayment and default models Build front office analytic tools for trading and risk Proactively identify operational risks/ control deficiencies in the business Review and comply with Firm Policies applicable to CFG business activities Escalate operational risk loss events, control deficiencies and risks that you identify to your line manager and the relevant risk and control functions on a timely basis What do you need to succeed? Must have: PhD in Mathematics, Statistics, Computer Science, Engineering, Physical Sciences, or other numerate discipline 7+ years’ experience in securitized products model development including default / loss severity modeling Excellent skills and hands-on experience in model design and coding Excellent knowledge of MBS (agency/non-agency) and ABS Outstanding written and verbal communication skills What’s in it for you? We thrive on the challenge to be our best, progressive thinking to keep growing, and working together to deliver trusted advice to help our clients thrive and communities prosper. We care about each other, reaching our potential, making a difference to our communities, and achieving success that is mutual. • A comprehensive Total Rewards Program including bonuses and flexible benefits, competitive compensation, commissions, and stock where applicable • Leaders who support your development through coaching and managing opportunities • Ability to make a difference and lasting impact • Work in a dynamic, collaborative, progressive, and high-performing team • A world-class training program in financial services • Flexible work/life balance options • Opportunities to do challenging work The Expected Salary Range For The Above Position Is $210,000 - $275,000 Depending On Factors Including But Not Limited To The Candidate’s Experience, Skills, Registration Status; Market Conditions; And Business Needs. This Salary Range Does Not Include Other Elements Of Total Compensation, Including A Discretionary Bonus And Benefits Such As A 401(K) Program With Company-Matching Contributions; Health, Dental, Vision, Life And Disability Insurance; And Paid Time-Off Plan. Rbc’s Compensation Philosophy And Principles Recognize The Importance Of A Highly Qualified Global Workforce And Plays A Critical Role In Attracting, Engaging And Retaining Talent That: · Drives Rbc’s High Performance Culture · Enables Collective Achievement Of Our Strategic Goals · Generates Sustainable Shareholder Returns And Above Market Shareholder Value Job Skills Additional Job Details Address: BROOKFIELD PLACE FKA 3 WORLD FINANCIAL CENTER, 200 VESEY STREET:NEW YORK City: New York Country: United States of America Work hours/week: 40 Employment Type: Full time Platform: CAPITAL MARKETS Job Type: Regular Pay Type: Salaried Posted Date: 2025-10-05 Application Deadline: 2025-10-10 Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above Inclusion and Equal Opportunity Employment At RBC, we believe an inclusive workplace that has diverse perspectives is core to our continued growth as one of the largest and most successful banks in the world. Maintaining a workplace where our employees feel supported to perform at their best, effectively collaborate, drive innovation, and grow professionally helps to bring our Purpose to life and create value for our clients and communities. RBC strives to deliver this through policies and programs intended to foster a workplace based on respect, belonging and opportunity for all. Join our Talent Community Stay in-the-know about great career opportunities at RBC. Sign up and get customized info on our latest jobs, career tips and Recruitment events that matter to you. Expand your limits and create a new future together at RBC. Find out how we use our passion and drive to enhance the well-being of our clients and communities at jobs.rbc.com. Royal Bank of Canada is a global financial institution with a purpose-driven, principles-led approach to delivering leading performance. Our success comes from the 84,000+ employees who bring our vision, values and strategy to life so we can help our clients thrive and communities prosper. As Canada’s biggest bank, and one of the largest in the world based on market capitalization, we have a diversified business model with a focus on innovation and providing exceptional experiences to more than 16 million clients in Canada, the U.S. and 34 other countries. Learn more at rbc.com.‎ We are proud to support a broad range of community initiatives through donations, community investments and employee volunteer activities. See how at rbc.com/community-social-impact.

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Responsibilities

The Director, Senior Front Office Prepayment and Credit Quant is responsible for developing, implementing, and maintaining tools for securitized products and structured credit. This role also involves providing analytic support for the acquisition, management, and disposal of structured assets.