About the RoleCapital Markets Analysts are an integral part of the Capital Markets team and will be responsible for assisting in the most critical aspects of Pagaya's funding capabilities. This role represents an opportunity to grow alongside a burgeoning global financial technology company.
Responsibilities- Involved in all aspects of the securitization and investment deal flow process, and in all aspects of the deal life cycle, such as rating agency discussions, investor marketing material preparation, structural analysis, return analysis
- Support all aspects of investor relationship management including communicating the collateral profile of Pagaya ABS transactions and drivers of asset performance, developing marketing materials and investment thesis, due diligence, and supporting analytics
- Operational management of securitization transactions across consumer ABS
- Assist in the preparation and evaluation of securitization documents including all legal and structural matters in conjunction with internal and external legal and the trading desk
- Perform ad-hoc collateral analysis of whole loan pools, net loss projections and IRR/risk-return analysis
- Securitization vendor and partner management (review reports and data, document issues, due diligence)
Requirements- 1-3 years of experience within the fixed income structured products space at a bank, accounting firm, rating agency, or buy side firm
- Experience evaluating ABS/RMBS/CLO structures and associated modeling preferred
- Excellent written and verbal communication skills
- Advanced knowledge of Excel and Powerpoint
- A strong commitment to learning and a desire to engage with opportunities for growth
- Ability to manage multiple complex projects simultaneously, consistently delivering high-quality work products within tight and competing deadlines
- Meticulous attention to detail and ability to self-audit your work to ensure accuracy
- Bachelor's degree required
- Experience analyzing large data sets preferred
- Knowledge of Intex, Intex DealMaker and/or Bloomberg preferred
- Proficiency in SQL and a coding language such as VBA, Python, or Java is a plus
- Progress towards a CFA or CPA is helpful but not required
- Bachelor's degree required or equivalent relevant experience
The pay ranges for New York-based hires are commensurate with candidate experience.
Pay ranges for candidates working in locations other than New York may differ based on the cost of labor in that location.
Compensation Range for New York Based Hires
$90,000-$125,000 USD