ALM Associate Senior - Portfolio Management

Job Description & Responsibilities

• Evaluate new-issue ABS, CLO, RMBS, and CMBS transactions for potential portfolio acquisition, including structural analysis, collateral review, cash flow modeling, and relative value assessment.
• Analyze and recommend potential purchases and sales of securitized products to enhance portfolio performance.
• Cook up and maintain credit and relative value views across the structured products portfolio.
• Perform ongoing collateral surveillance, spread analysis, and sector-level performance monitoring, including analysis of underwriting trends, prepayment and default dynamics, and macroeconomic factors affecting securitized credit.
• Prepare analytics packages, trade recommendations, and reporting for portfolio managers and trader meetings.
• Support credit model review and validations.
• Conduct fundamental sector, market, and security-level analysis and synthesize findings into well-researched investment recommendations and sector theses.
• Communicate views clearly to portfolio managers, traders, and senior staff, collaborating across internal and external stakeholders to inform portfolio strategy.
• Support regulatory reporting, capital and liquidity exercises, loss reserving (CECL), stress testing, and model validation efforts for the structured products portfolio in coordination with risk, finance, and quantitative partners.
• Maintain and enhance portfolio databases, dashboards, and classification systems.
• Leverage Python, SQL, and generative AI tools to improve reporting accuracy, efficiency, and scalability.

Qualifications

• Successful candidates must demonstrate appropriate knowledge, skills, and abilities for a role.
• Listed below are skills, competencies, work experience, education, and required certifications/licensures needed to be successful in this position.
• Preferred Skills include Asset Allocation, Auditing Operations, Business Case Analyses, Credit Risk Analysis, Data Analytics, Data Visualization, Decision Making, Investments, Market Research.
• Competencies include Accuracy and Attention to Detail, Asset and Liability Management (ALM), Business Acumen, Derivatives, Effective Communications, Financial Analysis, Industry Knowledge, Investment Performance Measurement, Investment Reporting, Pricing Models and Analytics.
• Work Experience requires a university/college degree, with 3+ years of relevant/direct industry experience.
• Certifications are often desired. In lieu of a degree, a comparable combination of education, job specific certification(s), and experience (including military service) may be considered.
• Education includes a Bachelors.
• No Required Certification(s).
• No Required License(s).