full-time
Vice President, CM Quantitative Research
Pennymac
- Employer
- Pennymac
- Location
- Westlake Village, California, United States
- Working pattern
- on-site
- Salary
- $95,000–$155,000 / year
About the role
The Vice President of Quantitative Research will design, build, and calibrate interest rate and derivative pricing models while providing analytical support for pipeline and portfolio hedging. They are responsible for implementing robust model validation, stress testing, and documentation standards to ensure compliance with risk governance policies. Candidates must possess a Ph.D. or Master's degree in a quantitative discipline such as Applied Mathematics, Physics, or Engineering. The role requires 3-5+ years of experience in capital markets or quantitative development, along with expert proficiency in programming languages like Python, C++, or R.