Mortgage Valuation Specialist

The role

This person will manage the valuation of mortgage-backed securities including specified pools, CMOs, TBA/TBA options, and non-agency products. They will oversee market data inputs, perform model validation, and partner with investment and risk teams.

What you will do

• Manage the valuation of mortgage-backed securities, including specified pools, CMOs, TBA/TBA options, and non-agency products.
• Oversee market data inputs to valuation models, ensuring compliance with the firm's valuation policy.
• Perform model validation for new or upgraded valuation models supporting new products and system enhancements.
• Perform price testing analysis against counterparty valuation and third-party pricing vendors.
• Maintain valuation support documentation to evidence the accuracy of investment valuations.
• Partner with investment professionals, Risk, and other supporting teams on pricing, valuation, P&L, and valuation models.
• Collaborate with the Technology team to implement valuation setups for new products and automate valuation processes.

Required qualifications

• 7+ years of mortgage valuation experience covering agency MBS, including specified pools, CMOs, TBA/TBA options, as well as non-agency products such as RMBS, CMBS, and CLO.
• Strong quantitative or finance background.
• Strong knowledge of derivatives valuation modeling principles.
• Knowledge of financial products and Greeks, particularly in the derivatives space.
• Strong sense of ownership and the ability to resolve issues independently.
• Excellent interpersonal and communication skills, both written and verbal, with the ability to work effectively on a cross-functional team.
• Strong leadership skills to educate, train, and develop others to expand the capabilities and capacity of the Valuation team.
• Commitment to the highest ethical standards.

Benefits

• Fully-paid health care benefits
• Generous parental and family leave policies
• Volunteer opportunities
• Support for employee-led affinity groups representing women, people of color and the LGBT+ community
• Mental and physical wellness programs
• Tuition assistance
• A 401(k) savings program with an employer match and more

About the company

Point72 is a leading global alternative investment firm led by Steven A. Cohen. It seeks to deliver superior returns through fundamental and systematic investing strategies across asset classes and geographies.