Position/Title: Vice President - Residential Credit
PositionWe are seeking a Vice President to join the Residential Mortgage Credit team. This position will report to the Head of Seasoned Loan Trading and is based in the Firm's New York City office.
Key Responsibilities- Analyze and execute investment opportunities into residential credit strategies across products
- Evaluate leverage opportunities to optimize fund returns
- Oversee transactions as they progress through the typical trade life cycle
- Manage daily risk positions and review asset performance
- Ownership of asset valuation and profit and loss analysis
- Work closely with external counterparties to execute transactions
- Collaborate with business development and senior leadership to secure prospective fund investors
Requirements- Undergraduate degree; progress towards CFA designation a plus
- Minimum 4 - 7 years of relevant experience
- Prior experience in a trading and/or underwriting role
- Strong analytics and experience with reporting and integrating various models and data
- Intermediate to advanced technical skills including MS Excel
- Ability to articulate complex strategies and concepts to a wide audience with varying degrees of product knowledge
- Comfort communicating with senior leadership and providing direction to senior support staff
- Ability to function as a project leader, attention to detail, time management, multi-tasking, and organizational skills
- Familiarity and knowledge of fixed income products, direct exposure to mortgages is preferred
- Experience utilizing pricing models and third-party pricing applications (Bloomberg, Intex, CAS, etc.)
- Exceptional written and verbal communication skills
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 four days per week)
- Annual base salary range for this role is expected to be between $150,000 - $200,000
- 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
