RMBS

Our global Financial Services client is seeking to recruit a Senior Credit Analyst with demonstrated experience analyzing credit, performing cash flow analysis, analyzing collateral and modeling complex esoteric RMBS securities and residential loan products. The incumbent will interact frequently with investors, firm clients and financial market stakeholders and mentor junior analysts.

Responsibilities:

• Analyze complex esoteric RMBS securities and residential loan products
• Perform credit, cash flow and collateral analysis
• Lead analysis of bond originators and servicers
• Model and analyze bond structures including the reviews of legal structures and transaction documentation
• Serve as the primary point of contact for investors, deal participants and firm clients
• Lead ongoing surveillance of existing transactions and evaluate and report on changes to creditworthiness
• Author and publish credit research, methodology analysis and topical market commentary
• Manage, coach and mentor junior credit analysts
• Attend and participate in industry events and investor roundtables

Responsibilities:

• Bachelor’s Degree
• Approximately 10 years of RMBS or residential real estate credit analysis
• Advanced MS Excel skills
• Demonstrated experience analyzing esoteric residential loan product and securities – RTLs, Non-QM loans, second-lien loans, reverse mortgages, etc.
• Advanced financial modeling and cash flow modeling experience
• Advanced business writing skills
• Experience mentoring and coaching junior analysts
• Ability to travel as required

Our global Financial Services client is seeking to recruit a Credit Analyst with experience analyzing RMBS transaction credit, performing cash flow analysis, analyzing collateral and modeling RMBS securities and residential loan products.

Responsibilities:

• Analyze creditworthiness of RMBS transactions and model securities and residential loan products
• Perform credit, cash flow and collateral analysis
• Lead analysis of bond originators and servicers
• Model and analyze bond structures including the reviews of legal structures and transaction documentation
• Serve as the primary point of contact for investors, deal participants and firm clients
• Lead ongoing surveillance of existing transactions and evaluate and report on changes to creditworthiness
• Author and publish credit research, methodology analysis and topical market commentary
• Attend and participate in industry events and investor roundtables

Responsibilities:

• Bachelor’s Degree
• 5+ years of RMBS or residential real estate credit analysis
• Advanced MS Excel skills
• Knowledge of esoteric residential loan product and securities – RTLs, Non-QM loans, second-lien loans, reverse mortgages, etc.
• Advanced financial modeling and cash flow modeling experience
• Advanced business writing skills
• Ability to travel as required

Our elite global Alternative Investment Fund client is seeking to recruit an Investment Analyst to perform structured credit analysis, investment research, Intex cash-flow modeling, valuation analysis and ongoing surveillance for their global ABS and RMBS investment portfolio.

Responsibilities:

• Perform structured credit analysis, investment research, Intex cash-flow modeling, valuation analysis and ongoing surveillance for their global ABS and RMBS investment portfolio
• Leverage cash-flow and collateral data to evaluate investment opportunities
• Utilize Intex cash-flow models to analyze and monitor existing investment holdings
• Develop analytics to assist in the valuation and purchase of investment positions
• Perform asset structuring and waterfall calculations
• Identify risks and conduct portfolio performance analysis
• Consistently monitor and analyze developments in the US and European structured credit markets and provide market color and updates to the portfolio manager, traders and other key stakeholders
• Communicate regularly with the portfolio manager and traders on portfolio strategy macro market developments

Requirements:

• Bachelor’s Degree with a record of strong academic achievement
• 2+ years of banking or buyside ABS/RMBS structuring and structured credit transaction analysis
• Strong knowledge of fixed income markets and structured credit products
• Advanced credit analysis, cash-flow modeling and structured credit valuation skills
• Fundamental knowledge of ABS and RMBS structures and waterfall calculations
• Experience with Intex cash-flow modeling strongly preferred
• Highly motivated, driven and intellectually curious with the ability to thrive on a lean investment team
• Keen interest in learning, adding value and gaining knowledge of the entire investment process
• Advanced Excel, PowerPoint and business writing skills