BloombergNew York 10075
Full Time
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Cash Flow Modeler

Full Time Bloomberg Philanthropies, 25 E 78th St, New York, NY 10075, United States


The Structured Products market makes up nearly $10 trillion of US public and private bond market debt. Banks use financial engineering to transform a variety of assets, such as residential and commercial mortgages, auto and student loans, and credit card debt, into securities that are structured to meet nearly any investor appetite.

We are responsible for creating and maintaining a large library of cash flow models and data for these securities. Cash flow models are required, along with prepayment and credit assumptions, in order to price these securities accurately. You will be creating cash flow models primarily for the Collateralized Loan Obligations (CLO) asset sector with the potential to cover other asset sectors including Agency Collateralized Mortgage Obligations (CMO), Residential Mortgage Backed Securities (RMBS), Commercial Mortgage Backed Securities (CMBS) and various Asset Backed Securities (ABS, Credit Card, Auto, SLABS). You will also be developing groundbreaking tools to improve the accuracy and coverage of our product as well as to improve the efficiency and quality of supporting processes. We are working on multiple projects to increase our deal coverage whilst building the infrastructure necessary to help us meet our goal of providing cash flows and advanced analytics for all varieties of structured products. As part of our team, your contributions will be crucial to the development and growth of our product. You will be asked to work closely with our software developers and product partners to ensure our product’s capabilities and offerings are world class in order to meet the requirements of our clients, which include groups within Bloomberg, our core terminal customers, and our enterprise services subscribers.

We’ll trust you to:

  • Reverse engineer and manage a large library of CLO cash flow models in a python-based platform that are crucial to portfolio managers and traders
  • Communicate with lead managers and other clients to properly create, update, and validate cash flow models based on offering documents and periodic reports 
  • Collaborate with our developers to design and implement internal system tools, test validations automated product reports, and workflows solutions
  • Partner with product managers in understanding clients' workflows to further develop the cash flow model engine, expand CLO coverage, and enhance the overall
  • Proactively lead initiatives by driving definition of requirements, project estimations, sprint scheduling, risk mitigation and tactical deployment

You’ll need to have:

  • 4+ years professional experience in cash flow modeling, data driven analytical work, or programming
  • Strong communication, attention to detail, analytical and problem-solving skills
  • Ability to take on detailed assignments in a fast-paced environment
  • Familiarity with computer programming languages and concepts, such as data modeling/structures, algorithms, and object-oriented design
  • Commitment to enhancing our full suite of CLO product offerings
  • A BA/BS degree (or higher) in a STEM field, and/or an equivalent combination of education, and/or related professional experience