The Quantitative Financial Analyst is responsible for quantitative analytics in Treasury’s Asset Liability Management model (ALM) focusing on Economic Value and NII of BECU’s balance sheet, and potentially supporting other functionalities in Treasury group including Investment and Mortgage Capital Market. This position is also responsible for performing a variety of quantitative analyses, ranging from Treasury driven special purpose to organization-wide business cases.
- Perform all responsibilities in accordance with BECU Competencies, compliance, regulatory and Information Protection requirements.
- Provide modeling and quantitative support for multiple Treasury functions.
- Model and analyze a variety of existing and potential products and derivatives.
- Develop and enhance comprehensive model and assumption documentation and testing, in compliance with model risk management policy and regulatory requirements.
- Work across Treasury functions and assist in quantitative initiatives, risk analytics, valuation and hedge strategies.
- Assist with analytics supporting product pricing, prepayment, decay, amortization and “optionality” structures.
- Assist in maintaining the data, model, methodology, guidelines and procedures in support of Treasury functions.
- Perform other duties as assigned.
- Master’s degree in Mathematics, Engineering, Quantitative Finance or related fields or equivalent work or education-related experience required.
- 3 years of related quantitative experience at financial institutions preferred.
- Deep knowledge and experience on pricing and option theory, fixed Income and derivative instruments and risk metrics (duration, convexity, vega, etc).
- Strong skills in analytics, hands-on and detail oriented, and focused on deliverables.
- Advanced quantitative skills and ability to create and maintain financial models.
- Solid experience using financial analytical software.
- Good programming and SQL skills.
- Proficient verbal and written skills to effectively communicate in the English language.
- Full-time hours required, with additional hours as necessary to accomplish objectives, goals, and projects.