RMBS - Associate / Associate Director (NY)

About the role

Serve as lead analyst interacting with clients, structuring banks and investors on transactions.
Conduct loan pool analysis, modeling and analysis of bond structure, and review of legal structure and documentation.
Prepare/facilitate the preparation of credit memos and present transactions to rating committees.
Prepare presale and new issue reports.
Support surveillance efforts for existing transactions.
Attend and participate in seller/servicer due diligence, investor discussions, or industry events (which may require travel).
Mentor and foster the development of junior analysts, as necessary.

Responsibilities

• Serve as lead analyst interacting with clients, structuring banks and investors on transactions.
• Conduct loan pool analysis, modeling and analysis of bond structure, and review of legal structure and documentation.
• Prepare/facilitate the preparation of credit memos and present transactions to rating committees.
• Prepare presale and new issue reports.
• Support surveillance efforts for existing transactions.
• Attend and participate in seller/servicer due diligence, investor discussions, or industry events (which may require travel).
• Mentor and foster the development of junior analysts, as necessary.

Requirements

• B.A./B.S. degree required; MBA or CFA are a plus.
• 3+ years of relevant Residential Real Estate, Rating Agency, or RMBS experience strongly preferred. Will consider candidates with compelling experience across ABS asset classes.
• Strong analytical skills relating to transaction evaluation, including loan credit risk assessment and analysis of bond cash flows.
• Intermediate to advanced Excel skills (Excel test may be administered as part of the interview process).
• Proficiency with Intex cash flow modeling software.
• Excellent written and verbal communications skills (writing sample may be requested).
• Ability to take initiative, work independently, and work closely with partners in a collaborative environment.
• Exceptional attention to detail.
• Familiarity with residential mortgage datasets/tools (e.g. CoreLogic, Fannie/Freddie Single Family Data, BlackKnight, eMBS) are a plus.
• Familiarity with Generative AI tools such as ChatGPT for research, data insights, and general productivity is a plus.

Qualifications

• B.A./B.S. degree required.
• 3+ years of relevant Residential Real Estate, Rating Agency, or RMBS experience strongly preferred.
• Will consider candidates with compelling experience across ABS asset classes.
• Strong analytical skills relating to transaction evaluation, including loan credit risk assessment and analysis of bond cash flows.
• Intermediate to advanced Excel skills (Excel test may be administered as part of the interview process).
• Proficiency with Intex cash flow modeling software.
• Excellent written and verbal communications skills (writing sample may be requested).
• Ability to take initiative, work independently, and work closely with partners in a collaborative environment.
• Exceptional attention to detail.
• Familiarity with residential mortgage datasets/tools (e.g. CoreLogic, Fannie/Freddie Single Family Data, BlackKnight, eMBS) are a plus.
• Familiarity with Generative AI tools such as ChatGPT for research, data insights, and general productivity is a plus.

Skills

• Strong analytical skills relating to transaction evaluation, including loan credit risk assessment and analysis of bond cash flows.
• Intermediate to advanced Excel skills.
• Proficiency with Intex cash flow modeling software.
• Excellent written and verbal communications skills.
• Ability to take initiative, work independently, and work closely with partners in a collaborative environment.
• Exceptional attention to detail.
• Familiarity with residential mortgage datasets/tools (e.g. CoreLogic, Fannie/Freddie Single Family Data, BlackKnight, eMBS).
• Familiarity with Generative AI tools such as ChatGPT for research, data insights, and general productivity.

Benefits

A hybrid work schedule (Tuesday, Wednesday, Thursday in the office)
Competitive benefits and paid time off
Paid family and disability leave
401(k) plan, including employer match (100% vested)
Employee referral bonus program

Pay

The anticipated annual base salary range for this full-time position is $100,000 - $150,000.

Schedule

A hybrid work schedule (Tuesday, Wednesday, Thursday in the office)