Full-Time
Quantitative Developer
Securitized Products
Clearwater Analytics
1,001-5,000 employees
Cloud-based investment accounting and analytics platform
Compensation Overview
$156.4k - $210.8k/yr
New York, NY, USA
Hybrid
Work from home Fridays; work from anywhere for three weeks per year.
 Quantitative Finance (1) |
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 Software Engineering (1) |
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- One to three years of experience in quantitative development with a focus on securitized or structured products.
- Strong understanding of structured product mechanics, including deal structures, waterfall logic, cash flow prioritization, credit enhancement, and tranche-level risk.
- Familiarity with prepayment models such as PSA and CPR and credit risk frameworks applicable to ABS, MBS, CMBS, and CLO structures.
- Experience developing production-quality code, preferably in Python, with a strong software engineering foundation.
- Ability to convey technical topics clearly to both technical and non-technical audiences.
- Develop and maintain pricing libraries and analytical models for securitized products, including ABS, CLO, MBS, CMBS, and other structured credit instruments.
- Build, extend, and maintain platform frameworks supporting securitized product lifecycle management, including cash flow generation, prepayment modeling, credit enhancement structures, and tranche-level analytics.
- Implement and maintain risk analytics covering interest rate sensitivities such as DV01, duration, and convexity, as well as spread risk, scenario analysis, and stress testing across structured product portfolios.
- Design and develop models for prepayment, default, and loss severity calibrated to market conventions and client-specific requirements.
- Identify and advocate for new models and design patterns needed to continuously improve infrastructure supporting all clients.
- Produce high-quality documentation for technical and non-technical audiences to support and expand engineering solutions.
- Experience in a front office or structured products development role supporting valuation, risk analytics, or portfolio analytics for securitized products.
- Hands-on experience building or maintaining pricing and risk systems in a production environment.
- Familiarity with relevant market data sources such as Bloomberg, Intex, Trepp, MSCI, or similar, and structured product reference data.
- Experience with interest rate modeling, such as Hull-White or short rate models, as it applies to structured product valuation.
- Prior experience working directly with clients to customize platforms, integrate models, or develop technical solutions.
Clearwater Analytics offers a cloud-native SaaS platform for investment accounting, reporting, and analytics used by institutional investors worldwide. Its core product is a single-instance, multi-tenant system that automates the entire investment data lifecycle by ingesting, reconciling, and enriching data to create a single source of truth for portfolios. The platform includes modules for accounting, performance measurement, regulatory reporting, compliance, and risk analytics across all asset classes, including private markets. The company differentiates itself through a unified front-to-back office solution and expands capabilities via acquisitions to build a cohesive cross-asset platform; its goal is to simplify investment data management for clients and scale with assets under management using a recurring revenue model based on AUM.
Company Size
1,001-5,000
Company Stage
IPO
Headquarters
Boise, Idaho
Founded
2004
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Simplify's Take
What believers are saying
- June 2026 AI launches automate reconciliation, portfolio oversight, and private-markets data extraction.
- Q1 2026 revenue reached $221.2 million, up 74%; ARR hit $872 million.
- Permira, Warburg Pincus, and Goldman financed the take-private, supporting continued investment.
What critics are saying
- Clearwater is private again, eliminating NYSE liquidity and public-market accountability for employees.
- $3.525 billion of acquisition debt pressures integration, hiring, and product investment.
- If Enfusion integration fails, competitors win the front-office layer and Clearwater becomes back-office software.
What makes Clearwater Analytics unique
- Clearwater's single-instance platform unifies accounting, performance, risk, and reporting across asset classes.
- Its investment record now supports over $10 trillion in global assets.
- Enfusion, Beacon, Bistro, and Blackstone broadened Clearwater into front-to-back workflows.
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Benefits
Health Insurance
Dental Insurance
Vision Insurance
Life Insurance
Parental Leave
Paid Vacation
Paid Sick Leave
401(k) Company Match
Company Equity
Remote Work Options
Flexible Work Hours
Growth & Insights and Company News
6 month growth
↑ 35%1 year growth
↑ 35%2 year growth
↑ 35%Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
Clearwater Analytics has secured $3.525 billion in senior secured credit facilities led by Goldman Sachs Private Credit. The arrangement comprises a $2.7 billion term loan, a $500 million delayed draw term loan and a $325 million revolving facility. The funding will support the company's merger financing and strengthen its financial position. The substantial credit agreement signals market confidence and may encourage similar financing arrangements amongst other firms in the sector. The deal represents a significant transaction in the private credit market, with potential implications for leverage and credit quality across the industry.
Clearwater Analytics has launched three AI-enabled products designed to streamline institutional investment workflows. The tools leverage the company's investment data foundation, which supports over $10 trillion in global assets. The new offerings include Clearwater Compass, which automates exception management and reconciliation for accounting teams; Total Portfolio Oversight, developed with Blackstone to provide unified views of public and private asset risk; and Fund Analytics, which structures fragmented private markets data using AI. These products aim to replace manual, spreadsheet-driven processes with centralised, intelligence-backed workflows. CEO Sandeep Sahai stated the solutions' effectiveness stems from the platform's high-quality investment record. The company aims to help firms accelerate decision-making whilst maintaining institutional-grade controls.
Clearwater Analytics (CWAN) launches three ai-enabled products for institutional investment workflows. Clearwater Analytics Holdings Inc. (NYSE:CWAN) is one of the best young stocks to invest in according to hedge funds. On June 3, Clearwater Analytics introduced three AI-enabled products designed to integrate directly into institutional investment workflows. By using its trusted investment data foundation, which supports over $10 trillion in global assets, the company aims to help investors automate operations, improve risk management, and gain deeper insights into private markets without sacrificing transparency or auditability. The new offerings include Clearwater Compass, which automates exception management and reconciliation for accounting teams; Total Portfolio Oversight, developed with Blackstone to provide a unified view of public and private asset risk; and Fund Analytics, which uses AI to structure fragmented private markets data. These tools are designed to replace manual, spreadsheet-driven processes with centralized, intelligence-backed workflows. CEO Sandeep Sahai emphasized that the effectiveness of these AI solutions is rooted in the platform's high-quality investment record. By embedding intelligence directly into operational and oversight functions, Clearwater Analytics Holdings Inc. (NYSE:CWAN) aims to help firms accelerate their decision-making processes while maintaining the rigorous controls required by institutional investors. Clearwater Analytics Holdings Inc. (NYSE:CWAN) provides a cloud-native investment management platform for institutional investors across public and private markets, using a single-instance, multi-tenant architecture to deliver real-time data and AI-driven insights across the investment lifecycle. While InvestingChannel, Inc. acknowledge the potential of CWAN as an investment, InvestingChannel, Inc. believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see its free report on the best short-term AI stock.
Clearwater Analytics reported strong third-quarter 2025 results, with revenues reaching $205.1 million, up 77% year-over-year. Annual recurring revenue grew to $807.5 million, also rising 77% from the previous year. The company delivered adjusted EBITDA of $70.7 million, up from $58.3 million in the second quarter. CEO Sandeep Sahai described the results as "stunning" and highlighted positive feedback from clients, partners and analysts regarding the company's strategy. Clearwater is positioning itself as an investment management platform provider, demonstrating strong business model durability and predictability through its recurring revenue growth.