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Western Alliance Bank

Financial Engineer

Posted Yesterday
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In-Office
Westlake Village, CA, USA
107K-133K Annually
Junior
In-Office
Westlake Village, CA, USA
107K-133K Annually
Junior
Develop, maintain, and enhance quantitative financial and optimization models for MSR/EBO portfolios. Perform data mining, predictive modeling, large-scale data processing, valuation, risk assessment, stress testing, and deliver monthly/quarterly analytics to support trading, hedging, and strategic decisions across Risk, FP&A, and Servicing.
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Job Title:

Financial Engineer

Location:

CA - Westlake Village

What you'll do:

As a Financial Engineer, you will be part of the Corporate Modeling Analytics team, focused on developing, maintaining, and enhancing advanced models and analytical tools that support the firm’s Secondary Marketing MSR and EBO positions. In this role, you will collaborate closely with Risk Management, FP&A, and Servicing teams, and take ownership of building and refining the firm’s core financial and optimization models. You will also provide critical analytical support to inform trading and hedging strategies.
  • Design and implement quantitative frameworks spanning data mining, predictive modeling, and large-scale data processing.
  • Leverage advanced analytics platforms to manage MSR/EBO portfolios, delivering insights on servicing performance, risk exposure, hedging strategies, and market dynamics.
  • Lead the enhancement of core financial models (prepayment, mortgage rates, delinquency) and develop new modeling approaches to address evolving business needs.
  • Deliver comprehensive monthly and quarterly analytics, including valuation, risk assessment, stress testing, and model performance insights to support strategic decision-making.

What you'll need:

  • 1+ years of related experience.
  • Bachelor's degree in related field required; Masters or MBA in related field preferred.
  • Entry level knowledge of residential mortgage industry in Correspondent or Retail Lending including; sales, operations, capital markets and/or other residential mortgage products and services.
  • Entry level knowledge of applicable regulatory and legal compliance obligations, rules and regulations, industry standards and practices.
  • Intermediate to advanced experience with C#, SQL Server, Excel and Excel VBA, PowerBI.
  • Intermediate to advanced experience with statistical analysis, including the use of tools like R or Python.
  • Intermediate speaking and writing communication skills.

Compensation: Salary range for new hires is generally $107,395.00 - $132,661.00 for Westlake Village, CA. Salary amount is determined by specific job location. In addition, the role may be eligible for annual bonus/incentives earned.

Benefits you’ll love:

We offer all the important things you'd want — like competitive salaries, an ownership stake in the company, medical and dental insurance, time off, a great 401k matching program, tuition assistance program, an employee volunteer program, and a wellness program. In addition, you’ll have the opportunity to bolster your business knowledge, learning the ins and outs of how successful companies operate and manage their finances, giving you invaluable hands-on experience to help grow your career!

About the company:

AmeriHome Mortgage is a Western Alliance Bank company. Western Alliance Bank, Member FDIC, is a wholly owned subsidiary of Western Alliance Bancorporation. Serving clients nationwide, Western Alliance Bank includes six legacy bank brands — Alliance Association Bank, Alliance Bank of Arizona, Bank of Nevada, Bridge Bank, First Independent Bank and Torrey Pines Bank — that remain part of the company’s heritage.

Western Alliance Bancorporation is committed to equal employment and will consider all qualified applicants without regard to race, sex, color, religion, age, nation origin, marital status, disability, protected veteran status, sexual orientation, gender identity or genetic information. Western Alliance Bancorporation is committed to working with and providing reasonable accommodations for individuals with disabilities. If you are an individual with a disability and require a reasonable accommodation to complete any part of the application process and/or need an alternative method of applying, please email [email protected] or call 602-386-2488.  When contacting us, please provide your contact information and state the nature of your accessibility issue.  We will only respond to inquiries concerning requests that involve a reasonable accommodation in the application process.

© Western Alliance Bancorporation

Western Alliance Bank Beverly Hills, California, USA Office

9355 Wilshire Blvd, Beverly Hills, United States, 90210

Western Alliance Bank Irvine, California, USA Office

17885 Von Karman Ave, Irvine, United States, 92614

Western Alliance Bank Los Angeles, California, USA Office

601 W. 5th St, Los Angeles, United States, 90071

Western Alliance Bank Thousand Oaks, California, USA Office

1 Baxter Way, Thousand Oaks, United States, 91362

Western Alliance Bank Westlake Village, California, USA Office

Westlake Village, United States

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