2024 Summer Intern, Hedge Advisory & Analytics

at SitusAMC in Boise, Idaho, United States

SitusAMC is where the best and most passionate people come to transform our client's businesses and their own careers. Whether you're a real estate veteran, a passionate technologist, or looking to get your start, join us as we work together to realize opportunities for everyone, we proudly serve.

At SitusAMC, we are looking to match your unique experience with one of our amazing careers, so that we can help you realize your potential and career growth within the Real Estate Industry. If you are someone who can be yourself, advocate for others, stay nimble, dream big, own every outcome, and think global but act local - come join our team!

The Intern, Hedge Advisory and Analytics will work with colleagues to run analytics while contributing to the development, training, testing and maintenance of analytics models and related data systems. You will be focused on integrating analytics across departments with a concentration on mortgage cash flow modeling. You will analyze mortgage prepayment and credit risk to forecast cash flows of mortgage related assets and model characteristics of borrower behavior. In this role you will utilize machine learning models across large data sets. Ideal candidates will have some background in statistical modeling functions and implications thereof, and some coding experience to write queries, transform large datasets, and create ad hoc analysis to support the team's operations.

This is a full-time internship taking place from June 3rd-August 9th.

Essential Job Functions:

+ Works with colleagues to produce analyses

+ Contributes to the development and maintenance of models to align with industry best practices and changing needs

+ Interfaces with colleagues across multiple teams to explain methodologies and support integration with a high degree of competency and integrity

+ Such other activities as may be assigned by your manager

Qualifications/ Requirements:

+ Progress towards Bachelor's Degree in finance, economics, statistics, mathematics, computer science or other related field

+ Understanding of modeling practices, machine learning and/or computer simulations

+ Strong verbal and written communication skills required

+ Knowledge of Python, JavaScript, C++ and/or Rust

+ Knowledge of statistical techniques such as principal component analysis

+ Knowledge of TensorFlow, PyTorch or other accelerated machine learning package

Special Requirements:

+ The employee may be required to report to a different local office as a normal, contemplated, and mandated incident of their employment

Working Conditions:

+ Office environment with frequent computer, mouse, keyboard use

+ Alternating between sitting or standing as needed

+ Hearing, talking, reaching, grasping

\#LI-Remote #LI-AB1

Note: This job description is not intended to be all inclusive or exclusive. At any time, employees may perform other related duties as required to meet the ongoing needs of the organization and participate in additional trainings.

SitusAMC is an Equal Opportunity Employer. Qualified applicants will receive consideration for employment without regard to race, color, religion, age, sex, national origin, disability, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state, or local laws.

Know Your Rights, Workplace Discrimination is Illegal (https://www.eeoc.gov/sites/default/files/2023-06/22-088\EEOC\KnowYourRights6.12ScreenRdr.pdf)

SitusAMC does not accept unsolicited resumes from staffing agencies, search firms or any third parties. Any unsolicited resume submitted to SitusAMC in any manner will be considered SitusAMC property, and SitusAMC will not pay a fee for any placement resulting from the receipt of an unsolicited resume.

Job Location:

Denver, CO, USA; Remote, RE, USA

Country:

USA

The annual full time base salary range for this role is ($22.50/hour - $). Specific compensation is determined through interviews and a review of relevant education, experience, training, skills, geographic location and alignment with market data. Additionally, certain positions may be eligible to receive a discretionary bonus as determined by bonus program guidelines, position eligibility and SitusAMC Senior Management approval. SitusAMC offers PTO and paid holidays, the terms of which are set forth in the program policies. All full time employees also are eligible to participate in various benefit plans, including medical, dental, vision, life, disability insurance and 401K; in each case in accordance with the terms of the applicable plans.

The hourly rate for our undergraduate interns is anticipated to be $22.50/hour. Specific compensation is determined through interviews and a revise of relevant education, experience, training, skills, equity with other team members, and alignment with market data. All full-time employees also are eligible to participate in various benefit plans, including 401K, medical, dental, visions, life, and disability insurance, in each case in accordance with the terms of the applicable plans.