Candidates must possess a Master's degree or foreign equivalent in Mathematical Finance, Mathematics, or a related field, along with 2 years of experience in SQL and Python for large-scale data analysis. Experience with Intex and Bloomberg for pricing fixed income products, including loans and asset-backed securities, is required. Applicants should also have experience in quantitative analysis for financial asset and derivative pricing within the Fixed Income sector, applying advanced statistical and mathematical techniques, financial risk management, and possess a strong understanding of Stochastic Calculus, Fixed Income, Derivative Pricing, Statistics, Machine Learning, and financial markets.
The Quantitative Analyst II will develop and enhance capital structuring and quantitative finance models for pricing consumer loan portfolios to support efficient deal execution. They will build quantitative models to track portfolio risk metrics, analyze large-scale financial data to provide insights on capital markets deals, and evaluate financial data to inform funding, product, and business decisions. Responsibilities also include structuring Asset-Backed Security (ABS) transactions, forecasting consumer loan performance, and building quantitative models using advanced statistical and mathematical techniques with programming languages like Python and SQL, and tools such as Intex and Bloomberg.
Provides buy now, pay later financing solutions
Affirm offers point-of-sale financing solutions as an alternative to traditional credit cards. It allows consumers to make purchases and pay over time through installment plans, often without hidden fees or deferred interest. Affirm partners with merchants to integrate its payment solutions into online and in-store shopping experiences, using user-friendly plugins and APIs. The company generates revenue from interest and fees on loans to consumers, as well as fees from merchants for offering its financing options. Affirm also provides a merchant dashboard for transaction processing and promotional tools to help businesses market these financing options effectively. The goal of Affirm is to empower consumers with flexible payment options while providing value to merchants in the e-commerce and retail markets.