Capital Markets Quantitative Manager
DailyPay
This job is no longer accepting applications
See open jobs at DailyPay.See open jobs similar to "Capital Markets Quantitative Manager" Tech:NYC.About Us:
DailyPay, Inc. is transforming the way people get paid. As the industry’s leading on-demand pay solution, DailyPay uses an award-winning technology platform to help America’s top employers build stronger relationships with their employees. This voluntary employee benefit enables workers everywhere to feel more motivated to work harder and stay longer on the job, while supporting their financial well-being outside of the workplace.
DailyPay is headquartered in New York City, with operations throughout the United States as well as in Belfast. For more information, visit DailyPay's Press Center.
The Role:
DailyPay is seeking a Capital Markets Quantitative Manager who will report directly to the Head of Capital Markets & Investor Relations. This role will work closely with investors and lenders to drive analysis regarding structured finance deals. Specifically, the role will focus on quantifying funding needs, optimizing funding availability, enhancing existing reporting tools, and improving monitoring / visibility. Additionally this role will support the credit underwriting team and be responsible for automating credit risk management processes, and developing streamlined methods for performing credit reviews of new and existing clients. This role requires an advanced knowledge of Python and SQL, a good understanding of asset-backed financing and credit underwriting, and a keen interest in becoming a subject matter expert in this domain.
If this opportunity excites you, we encourage you to apply even if you do not meet all of the qualifications.
How You Will Make an Impact:
- Provide quantitative analysis and recommendations on structuring asset-backed transactions to optimize borrowing capabilities
- Build quantitative models to analyze historical asset pool performance (delinquency, concentration, and revenue generated from the pool), and predict risk limits
- Develop and enhance reporting scripts and/or programs to ensure efficient deal execution, including compliance reporting on portfolio valuation and pool performance
- Support the Capital Markets Team in completion of initial and periodic credit reviews by automating credit review process using Python or other tools
- Analyze all market intelligence for funding impact from potential products and macroeconomic conditions
- Monitor compliance with deal terms (e.g., concentration limits, covenants, etc.)
What You Bring to The Team:
- Bachelor’s degree in computer science, finance, physics, or mathematics or completion of an immersive coding bootcamp (or equivalent experience)
- 3+ years relevant experience performing quantitative analysis in structure finance field; experience with Asset Backed Securitization preferred
- Applied proficiency in programming languages including Python, SQL; experience with Tableau, Snowflake and database management system is preferred
- Able to translate Credit Agreements and Offering Memorandum into calculations independently
- Strong interpersonal skills and excellent communication skills, both written and oral
- Strong attention to detail and organizational skills
- Excitement for and the ability to thrive in a fast-paced environment with a growing team; experience in FinTech a plus
What We Offer:
- Exceptional health, vision, and dental care
- Opportunity for equity ownership
- Life and AD&D, short- and long-term disability
- Employee Assistance Program
- Employee Resource Groups
- Fun company outings and events
- Unlimited PTO
- 401K with company match
Pay Transparency. DailyPay takes a market-based approach to compensation, which may vary depending on your location. United States locations are categorized into three tiers based on a cost of labor index for that geographic area. The salary ranges are listed by geographic tier. Additionally, this role may be eligible for variable incentive compensation and stock options. Where a candidate fits within the compensation range for a role is based on their demonstrated experience, qualifications, skills, and internal equity.
DailyPay is committed to fostering an inclusive, equitable culture of belonging, grounded in empathy and respect, which values openness to opinions, awareness of lived experiences, fair treatment and access for all. We strive to build and develop diverse teams to create an organization where innovation thrives, where the full potential of each person is engaged, and their views, beliefs and values are integrated into our ways of working.
We encourage people of all backgrounds to join us on our mission. If you require reasonable accommodation for any aspect of the recruitment process, please send a request to peopleops@dailypay.com. All requests for accommodation will be addressed as confidentially as practicable.
DailyPay is an equal opportunity employer. All qualified applicants will receive consideration without regard to race, color, religion or creed, alienage or citizenship status, political affiliation, marital or partnership status, age, national origin, ancestry, physical or mental disability, medical condition, veteran status, gender, gender identity, pregnancy, childbirth (or related medical conditions), sex, sexual orientation, sexual and other reproductive health decisions, genetic disorder, genetic predisposition, carrier status, military status, familial status, or domestic violence victim status and any other basis protected under federal, state, or local laws.
This job is no longer accepting applications
See open jobs at DailyPay.See open jobs similar to "Capital Markets Quantitative Manager" Tech:NYC.