Nationwide’s vision is to be the most trusted, most caring and most customer-focused protection company. We exist to protect people, businesses and futures with extraordinary care. Our Nationwide Investments Team manages more than $130 billion and strives to combine client focus, investment discipline and teamwork to deliver superior results.
The Nationwide Investments Structured Products Team is a dedicated group of experienced investment professionals focused on delivering superior investment results to our clients. This begins with our people and values which emphasize a positive culture and team dynamic that facilitate optimal relative value decision-making. As a key contributor to the Structured Products team’s efforts, the Investment Professional will focus primarily on supporting research, trading and portfolio management activities related to primarily investment grade Asset-Backed Securities (ABS), Commercial Mortgage-Backed Securities (CMBS), Residential Mortgage-Backed Security (RMBS), and/or Collateralized Loan Obligation (CLO), etc. across various fixed income portfolios.
This position will primarily focus on investment grade Commercial Mortgage-Backed Securities (CMBS) supporting the CMBS portfolio manager in research, trading and portfolio management activities. Ideal candidates will have commercial mortgage loan underwriting and/or related commercial real estate experience across all major property types.
Supports portfolio manager(s) in research, trading and portfolio management activities
Collaborates with portfolio manager(s) in the identification of executable and suitable market opportunities
Supports transaction analysis including participants, collateral, borrower, structure, deal documents and relative value scenario analysis
Assists in portfolio surveillance including identification of emerging investment risks, and development and implementation of successful risk mitigation actions
Analysis of portfolio performance with support as needed
Performs ad-hoc projects, reporting and analysis as requested
May perform other responsibilities as assigned.
Reporting Relationships: Reports to an Investment Leader.
Typical Skills and Experiences:
Education: Bachelor’s Degree; Advanced degree and/or CFA desirable.
Experience: Five or more years of relevant experience.
Knowledge, Abilities and Skills: Solid understanding of fixed income and financial concepts. Understanding of capital markets and securitization process. Exceptional critical thinking and problem-solving capabilities. High energy, positive attitude, and team oriented
Composed and decisive under pressure or when challenged. Driven, self-motivated, and intellectually inquisitive. Creative, organized and responsive. Intermediate to advanced Excel skills. Excellent written and verbal communication skills. General understanding of technology including databases and other data analysis applications. Proficiency with Bloomberg, Intex and/or other fixed income analytics applications.
Other criteria, including leadership skills, competencies and experiences may take precedence.
Staffing exceptions to the above must be approved by the hiring manager’s leader and HR Business Partner.
Values: Regularly and consistently demonstrates Nationwide Values.
Overtime Eligibility: Not Eligible (Exempt)
Working Conditions: Normal office environment.
ADA: The above statements cover what are generally believed to be principal and essential functions of this job. Specific circumstances may allow or require some people assigned to the job to perform a somewhat different combination of duties.