full-time
Sr Analyst, Quant Research
PENNYMAC
- Employer
- PENNYMAC
- Location
- Westlake Village, California, United States
- Working pattern
- on-site
- Salary
- $68,000–$115,000 / year
About the role
Implement, test, and maintain quantitative models and numerical tools for prepayments, interest rates, yield curves, and derivatives pricing. Process capital markets data, run valuations and risk analytics, support trading and hedging analysis, and document and validate models for governance. Requires a master's degree in a relevant quantitative field, although a bachelor's degree with 2–3 years of experience is acceptable, and 2+ years of relevant professional experience, including internships or co-ops. Candidates should have strong Python, C++, or R skills, SQL experience, and foundational knowledge of fixed income, derivatives, interest rates, and mortgage cash flows.