Position/Title: Analyst/Associate - NPL/RPL Trader, Residential Credit
PositionWe are seeking an Analyst to join the Residential Credit team in our New York office. This position will report to the Head of Seasoned Loan Trading and is based in the Firm's New York office.
Key Responsibilities- Learn the business of acquiring, managing, and funding residential credit strategies
- Daily interaction with sell side institutions providing Pretium sourcing, underwriting, and advisory services
- Oversee transactions as they progress through the typical trade life cycle
- Develop or design tools and processes to increase transactional throughput
- Apply computational methods to optimize trading, financing, and securitization strategies
- Analyze earnings, exposure, and mark to market to explain and report business performance
- Work closely with team members in trading, operations, accounting, risk control and other departments to manage and execute on portfolio strategies to achieve revenue objectives
Requirements- Undergraduate degree in finance, economics or related field of study; progress towards CFA designation a plus
- Minimum 1 - 3 years of relevant experience
- Recognize how to articulate complex business strategies, problems, and solutions to an audience with extremely diverse skillsets and degrees of sophistication
- Prior experience directly facing the street in a trading and/or underwriting role
- Ability to function as a project leader
- Comfort with daily interaction with senior level team members and providing direction to senior support staff
- Strong analytics and experience with reporting and integrating various models and data
- Attention to detail, time management, and organizational skills are required
- Ability to multi-task
- Familiarity and knowledge of fixed income products, direct exposure to mortgages is preferred.
- Experience utilizing pricing models and third-party pricing applications (Bloomberg, Intex, YieldBook, etc.)
- Exceptional written and verbal communication skills
- Intermediate to advanced technical skills including MS Excel
What We OfferThis position offers the opportunity to join a collegial, entrepreneurial firm committed to the personal and professional growth of its team members and to maintaining a positive, encouraging work environment. The company offers a comprehensive benefits and perks package, including:
- Employer-paid health, dental, vision and life insurance
- 401(k) plan with an employer match
- 20 annual days of Paid Time Off (PTO) plus 12 Firm holidays
- Hybrid office/work from home arrangement (in office minimum of three days per week, four days strongly preferred)
- Annual base salary range for this role is expected to be between $115,000 - $150,000
- The actual salary will depend on various factors, including but not limited to a candidate's experience and credentials, salary expectations of applicable candidates, and other applicable market conditions.
- Annual year-end bonus eligible
