Western Alliance Bank · 3 hours ago
Financial Engineer
Westlake Village, CA
Full-time
Onsite
Entry Level
$107K/yr - $125K/yr
1+ years expWestern Alliance Bank is a wholly owned subsidiary of Western Alliance Bancorporation, focusing on providing banking services. As a Financial Engineer, you will be part of the Capital Market's Analytics team, responsible for building and maintaining advanced models and analytics tools to support pricing, hedging, and other activities related to Secondary Marketing.
BankingFinanceFinancial Services
Responsibilities
Knowledge and practical experience with Non-Agency Pricing, Collateral and Bond Cashflow dynamics
Create, maintain and deliver quantitative processes including data mining, predictive modeling and other complex data processing
Utilize complex quantitative software to manage the MSR/Early Buyout (EBO) portfolio and servicing positions, risk analysis, hedge strategies and market data
Maintain, enhance existing financial models including prepayment, mortgage rate, delinquency etc. and develop new models/algorithms when needed
Create, maintain, deliver monthly and quarterly analytical reports including valuation, risk, stress testing and model update
Qualification
Required
1+ years of related experience
Bachelor's degree in related field required; Masters or MBA in related field preferred
Knowledge and practical experience with Non-Agency Pricing, Collateral and Bond Cashflow dynamics
Create, maintain and deliver quantitative processes including data mining, predictive modeling and other complex data processing
Utilize complex quantitative software to manage the MSR/Early Buyout (EBO) portfolio and servicing positions, risk analysis, hedge strategies and market data
Maintain, enhance existing financial models including prepayment, mortgage rate, delinquency etc. and develop new models/algorithms when needed
Create, maintain, deliver monthly and quarterly analytical reports including valuation, risk, stress testing and model update
Intermediate 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
Preferred
Masters or MBA in related field preferred
Non-Agency experience preferred
Benefits
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
A wellness program
Company
Western Alliance Bank
Western Alliance Bank is a banking firm that offers commercial and business banking solutions.
Founded in 1994Phoenix, Arizona, USA
1001-5000 employees
H1B Sponsorship
Western Alliance Bank has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (42)
2024 (30)
2023 (49)
2022 (28)
2021 (13)
2020 (10)
Funding
Current Stage
Public CompanyTotal Funding
$400M2025-11-19Post Ipo Debt· $400M
2005-06-30IPO
Leadership Team
Tim Boothe
Chief Operating Officer
Barbara Kennedy
CHRO, EVP
Recent News
Morningstar.com
2026-01-09
Company data provided by crunchbase