Associate/AVP, Quantitative Strategies Group

Fort Lee , United States

AI overview

Contribute to investment efforts by developing analytical tools and methods that enhance decision-making across a multi-billion dollar portfolio in a fast-paced team environment.

Who We Are

Cross River builds the infrastructure behind the world’s most innovative financial products. Our technology and capital solutions power payments, cards, lending, and digital asset capabilities that move money safely, instantly, and inclusively — trusted by leading fintechs, enterprises, and disruptors across the globe.

Our mission is simple: to build the financial infrastructure that expands access and opportunity for all. Guided by a culture of collaboration, curiosity, and purpose, Cross River has been named one of American Banker’s Best Places to Work in Fintech year after year. Whether you’re designing code, solving regulatory puzzles, or developing strategy, you’ll join a team where innovation and integrity drive everything we do — and where your work helps shape the future of finance.

What We're Looking For

The Quantitative Analysis Group at Cross River is looking for an Associate/AVP, Quant Strategist to join its fast-growing team. The team sits within the Capital Solutions Group (CSG) and serves as a centralized function for investment intelligence & quantitative decision making across trading, structuring, and portfolio management initiatives. As a core contributor to the firm’s investment efforts, Quantitative Strategies Group collaborates closely with investment professionals and key stakeholders to help manage a multi-billion dollar portfolio of consumer credit loans and asset-backed securities. The team sits at the intersection of quant tools, advanced analytics, and investment strategy, playing a critical role in driving data-driven insights and strategic initiatives across CSG.

Responsibilities:

  • Work closely with investment teams to evaluate new opportunities. Build analytical tools, investment frameworks and research new methodologies necessary to systematically analyze credit investments
  • Support ongoing & new investment mandates with historical analytics & performance-based insights. Deliver quantitative & model-driven evaluation of deal collateral & provide key inputs for pricing and deal economics
  • Play a key role in championing and promoting quantitative investment themes by systematically introducing analytical methods, tools and techniques to add value in the investment management lifecycle
  • Collaborate with other functions within the bank like Treasury, FP&A, etc. to ensure capital deployment objectives are uniformly met

Qualifications:

  • Master’s degree in Financial Engineering, Math, Statistics, Computer Science, or any another quantitative field
  • 1+ years experience in Fixed Income markets is required. Exposure to ABS, Structured Credit and/or alternative investments is strongly preferred
  • Experience in use of both Machine Learning and Quantitative Finance techniques for fixed income credit modeling and investment management
  • Fluency in Excel & Programming. Hands-on experience in Python & SQL is required
  • Ability to work well in a fast-paced environment. Detail-oriented, strong analytical & quantitative skills, excellent communication skills – written & verbal

 

#LI-JJ1 #LI-Hybrid #LI-Onsite

Salary Range: $150,000.00 - $190,000.00

Cross River is an Equal Opportunity Employer. Cross River does not discriminate on the basis of race, religion, color, sex, gender identity, sexual orientation, age, non-disqualifying physical or mental disability, national origin, veteran status or any other basis covered by appropriate law. All employment is decided on the basis of qualifications, merit, and business need.

By submitting your application, you give Cross River permission to email, call, or text you using the contact details provided. We will only contact you with job related information.

Cross River is an American financial services organization that provides technology infrastructure to fintech and technology companies.

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Salary
$150,000 – $190,000 per year
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