Wellington

Wellington

Quantitative Strategist, Mortgage-Backed Securities (MBS)

Boston, MA, United States

Sponsorship not specified$120k-$225kDetected 30 days ago
PythonJavaC++SQLStatisticsExcelValuationElectrical EngineeringResearchCommunicationRisk ModelingCFA

About the role

  • Wellington is seeking a quantitative risk-neutral valuation specialist in fixed income, MBS, and structured products modeling to join the Risk and Analytics Research team within Wellington Investment Risk.
  • conduct empirical research on security valuation and risk premia
  • The strategist will work closely with Wellington investors to facilitate the use of quantitative models in investment decisions and portfolio construction.

Responsibilities

  • The Quantitative Strategist will develop models for fixed income, agency MBS, and structured product instruments
  • In support of this commitment, our employees work from our offices 4 days a week with flexibility to work remotely 1 day a week.
  • We believe that this approach ultimately supports our mission to deliver investment excellence to our clients and their beneficiaries over the long term.

Requirements

  • The ideal candidate will combine a strong quantitative background with a deep understanding of finance and economics.
  • Strong understanding of asset pricing theory
  • Advanced degree in finance, econometrics, or quantitative discipline (e.g., mathematics, statistics, physics, electrical engineering, operations research).
  • Other credentials such as CFA/CAIA may be relevant though not required.
  • Experience with Python, Java, SQL, and/or C++
  • strong understanding of mortgage market dynamics, including TBAs, pools, and agency CMOs. Experience with structured products is a plus.
  • Advanced degree in finance, econometrics, or quantitative discipline (e.g., mathematics, statistics, physics, electrical engineering, operations research). Other credentials such as CFA/CAIA may be relevant though not required.
  • Strong technical background in model development, statistical analysis, and prototyping. Experience with Python, Java, SQL, and/or C++
  • The Quantitative Strategist will be based in Wellington's Global Headquarters in Boston, MA.
  • Not sure you meet 100% of our qualifications? That's ok. If you believe that you could excel in this role, we encourage you to apply and welcome a chance to review your background. We are dedicated to building and maintaining a diversified workforce and considering a broad array of candidates with a variety of skill, workplace experiences, and backgrounds.
  • As an equal opportunity employer, Wellington Management ensures that all qualified applicants will receive equal consideration for employment without regard to r ace, color, sex, sexual orientation, gender identity, gender expression, religion, creed, national origin, age, ancestry, disability (physical or mental), medical condition, citizenship, marital status, pregnancy, veteran or military status, genetic information or any other characteristic protected by applicable law. If you are a candidate with a disability, or are assisting a candidate with a disability, and require an accommodation to apply for one of our jobs, please email us at GMWTalentOperations@wellington.com.
  • At Wellington Management, our approach to compensation is designed to help us attract, inspire and retain the best talent in our industry. We strive to pay employees fairly and competitively across all levels and roles. Our approach to compensation considers all aspects of total compensation
  • all employees are eligible to receive salary, variable compensation, and benefits. The base salary range for this position is:
  • USD 120,000 - 225,000 This range takes into account the wide range of factors that are considered when making compensation decisions, including but not limited to skill sets

Nice to have

  • 5-15 years of experience in fixed income and mortgage modeling
  • strong understanding of mortgage market dynamics, including TBAs, pools, and agency CMOs.
  • Experience with structured products is a plus.
  • Experience with Yield Book, Bloomberg OAS models, and the eMBS dataset is a plus

Compensation

  • USD 120,000 - 225,000 This range takes into account the wide range of factors that are considered when making compensation decisions, including but not limited to skill sets; role; skills and experience; certifications; and education.
  • This range is an estimate, and further details on salary and total compensation aspects will be shared with candidates during the recruitment process.
  • Base salary is only one component of Wellington's total compensation approach.

Benefits

  • Other rewards may include a discretionary Corporate Bonus and/ or Incentives, if eligible.

Company info

  • Wellington Management offers comprehensive investment management capabilities that span nearly all segments of the global capital markets.
  • Our investment solutions, tailored to the unique return and risk objectives of institutional clients in more than 60 countries, draw on a robust body of proprietary research and a collaborative culture that encourages independent thought and healthy debate.
  • As a private partnership, we believe our ownership structure fosters a long-term view that aligns our perspectives with those of our clients.

Visa & Work Authorization

  • gender expression, religion, creed, national origin, age, ancestry, disability (physical or mental), medical condition, citizenship, marital status, pregnancy, veteran or military status, genetic information or any other
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This listing is sourced directly from Wellington's careers page and normalized into a canonical job model.