AVP, Quantitative Strategies Group

Who We Are

Cross River is a highly profitable, fast-growing financial technology company powering the future of financial services. Our comprehensive suite of innovative and scalable embedded payments, cards, and lending products deliver financial services for millions of businesses and consumers around the globe. Cross River is backed by leading investors and serves the world’s most essential fintech and technology companies. Together with its partners, Cross River is reshaping global finance and financial inclusion. 

We are on a mission to build the infrastructure that propels access, inclusion, and the democratization of financial services. While our company has tripled in size over the last three years, our strong sense of purpose led Cross River to be named to American Banker’s list of Best Places to Work in Fintech for the last 6 years. The reason for this success is simple – our nimble and collaborative family culture lives in every member of our growing team. Together we are at the forefront of technology and innovation, and we invite passionate, collaborative, and motivated high performers to join our expanding team.

What We're Looking For

The Quant Intelligence & Investments (QII) group at Cross River is looking for an Assistant Vice President, 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, QII 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


• 3-6 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: $175,000.00 - $200,000.00