Specific Responsibilities Include:

• Research data, analysis with a primary focus in housing finance and residential mortgage-backed securities.
• Maintain a prepayment and valuation reports for Agency RMBS securities and a credit handbook for Non-Agency RMBS.
• Manage security level data integrity (and adherence to client guidelines) by working closely with compliance, risk team, and analytical vendors.
• Perform credit/prepayment modeling, build cash flow/empirical regression models, scenario analysis, and attribution.
• Upgrade/prepare/maintain deal warehouse and housing and securities-related databank, and marketing publications.
• Provide trading and pricing support by maintaining a database of residential credit and agency mortgage offerings, review deal term sheets and offering documents, and price discovery with our expansive dealer network and third-party vendors.
• Develop advanced ‘practical’ understanding of our analytic engines (Yield Book, BRS Aladdin, Intex, and other third-party models) and share/educate with the rest of the securitized team.
• Conduct bond and issuer level due diligence. Review deal term sheets and offering documents to comprehend payment waterfall, collateral eligibility criteria, performance triggers, and rights and obligations of key parties.
• Participate in issuer, servicer, vendor meetings to maintain market expertise.
• Present investment recommendations and credit memorandums to senior strategists, portfolio managers, and credit committee.
• Assist senior managers and team in new business marketing efforts.

Skills and Experience Required:

• 1 to 3 years of research, analysis in fixed income markets.
• CFA or equivalent educational background desirable.
• Strong credit, finance, economic, accounting, business acumen and technical skill.
• Excellent written and verbal communication skills.
• Detail oriented and critical thinker.
• Team orientated individual.

 

Interested candidates should forward their resume to [email protected]