Modeling Engineer

Job Title: Securities - Waterfall Modeling Analyst Experience: 5-7 Years Location: Bangalore(remote/hybrid) Job Description We are seeking a highly analytical professional with experience in structured finance, securitization, and cash flow waterfall modeling to support the development and validation of complex security structures within a proprietary platform. The role involves reviewing, interpreting, and validating waterfall logic derived from transaction documents and ensuring accurate implementation within Python-based modeling frameworks. This position requires strong domain expertise in structured products and the ability to work closely with technology and quantitative teams.

Key Responsibilities • Review and interpret structured finance transaction documents, including offering memoranda, pooling and servicing agreements, and prospectuses. • Analyze and validate cash flow waterfall structures for securitized products. • Translate business and deal logic into detailed modeling requirements. • Review and validate waterfall implementations generated within Python-based frameworks. • Identify discrepancies between deal documentation and modeled outputs and recommend corrective actions. • Collaborate with quantitative analysts, engineers, and business stakeholders to ensure accurate representation of deal structures. • Perform testing, reconciliation, and validation of cash flow models and payment priority rules. • Support ongoing enhancements to waterfall modeling processes and automation capabilities. • Document assumptions, methodologies, and validation results. Required Skills & Experience • 5-7 years of experience in Structured Finance, Securitization, Fixed Income Analytics, Mortgage-Backed Securities (MBS), Asset-Backed Securities (ABS), CLOs, or related structured products. • Strong understanding of security cash flow waterfalls, payment priorities, triggers, and credit enhancement mechanisms. • Experience reviewing and interpreting complex deal documentation. • Working knowledge of Python and experience validating or developing financial models. • Understanding of structured product cash flow modeling and valuation concepts. • Strong analytical and problem-solving skills. • Ability to communicate complex financial structures to technical and non- technical stakeholders. Preferred Qualifications • Experience with ABS, RMBS, CMBS, CLO, or other securitized products. • Exposure to financial modeling platforms, risk analytics, or quantitative tools. • Familiarity with automation, AI-assisted development, or model validation processes. • Advanced degree in Finance, Mathematics, Engineering, Economics, or a related discipline.