Job Title:
Financial EngineerLocation:
CA - Westlake VillageWhat 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.
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
Skills Required
- 1+ years of related experience.
- Bachelor's degree in a related field.
- Master's degree or MBA in a related field.
- Entry-level knowledge of the residential mortgage industry (Correspondent or Retail Lending) including sales, operations, capital markets, and mortgage products.
- 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 and tools such as R or Python.
- Intermediate speaking and writing communication skills.
Western Alliance Bank Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Western Alliance Bank and has not been reviewed or approved by Western Alliance Bank.
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Strong & Reliable Incentives — Feedback suggests annual bonuses are broadly available and can materially lift total compensation when business conditions are favorable. Participation spans many roles beyond executives.
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Equity Value & Accessibility — Equity grants are described as widely accessible to employees at multiple levels, adding long‑term value to the package. This breadth helps align employees with company performance.
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Retirement Support — The 401(k) program is positioned as a standout with an employer match structure viewed as stronger than common offerings. Automatic enrollment reinforces accessibility and participation.
Western Alliance Bank Insights
What We Do
Western Alliance Bancorporation (NYSE: WAL) is one of the country’s top-performing banking companies. Its primary subsidiary, Western Alliance Bank, Member FDIC, offers a full spectrum of tailored commercial banking solutions and consumer products, all delivered with outstanding service by banking and mortgage experts who put customers first. Serving clients across the country wherever business happens, Western Alliance Bank operates individual, full-service banking and financial brands with offices in key markets nationwide.
