- Work as part of the securitized research team to perform credit analysis and make recommendations on residential and other large data set securitized assets as needed.
- Assess and document the creditworthiness of collateral pools as well as the relative value/risk of various tranche positions and deal structures through scenario analysis.
- Develop quantitative, statistical and cash flow models to forecast/assess prepayment, default and loan modification risk using collateral as well as macroeconomic factors.
- Leverage quantitative skills to manage and evaluate large scale loan level data sets as part of the analysis process.
- Monitor industry, issuer, and market participant news and trends to quantify the potential impact on current holdings and securities being considered for purchase.
- Conduct surveillance on existing portfolio holdings and stress deals for changes in underlying collateral performance and macroeconomic conditions.
- Effectively communicate analysis and findings to portfolio managers and the securitized research team to generate actionable investment ideas for the firm’s various portfolio mandates.
- Work on ad-hoc projects within the securitized research group.
- Bachelor’s degree in finance, mathematics or related discipline.
- Advanced degree in finance or related discipline preferred.
- Proficiency with Intex, Bloomberg, and MS Office products.
- Direct experience with Intex API required. Experience SQL, Matlab, SAS, Python or similar desired.
- 4-6 years of experience in structured credit analysis with a demonstrable focus on analysis of large data sets as well as on building quantitative, statistical and cash flow models.
- Strong written and oral communication skills.
- Highly-motivated, organized team player with strong quantitative and analytical skills as well as a strong work ethic and ability to work under the pressure of tight deadlines. Additionally, must be detailed oriented, intellectually curious, reliable, collaborative and adaptive to changing priorities.
This position is subject to the Securities and Exchange Commission’s Pay-to-Play Rule 206(4)-5 regarding political contributions by investment advisors and their covered associates.