Master's degree in finance, mathematics, or a related field, or a bachelor's degree plus seven years of relevant experience.
Five years of trading structured products at a buy-side firm with demonstrated portfolio management experience.
Expertise in generating and executing investment ideas across structured credit assets, including loans and bonds.
Proficiency in pricing securitized products using Intex cashflow modeling tool and developing derivative hedging strategies.
Strong analytical skills, including Python and SQL programming for performance tracking and financial modeling.
Responsibilities
Generate, underwrite, and monitor innovative investment ideas in structured credit products.
Manage portfolio exposures across multiple funds seamlessly to optimize returns.
Lead high-impact strategies, negotiating asset deals and sourcing liquidity.
Implement and maintain hedging strategies while conducting portfolio surveillance using advanced analytics.
Develop a robust sell-side network to enhance trade sourcing and market accessibility.
Benefits
Medical and prescription drug coverage.
401(k) contribution matching program.
Wellness reimbursement support.
Family building benefits to assist in personal growth.
Charitable gift match program to support community involvement.
Full Job Description
What you'll do day-to-day
Generate, underwrite, execute, and monitor investment ideas across structured credit products, including Residential Mortgage-Backed Securities (RMBS), consumer Asset-Backed Securities ("ABS"), whole-business securitizations, and aviation finance.
Manage portfolio exposures across multiple funds.
Lead and execute high-impact strategies, including sourcing, negotiating with lessors, and monetizing assets directly in the market.
Maintain and implement derivative hedging strategies, conduct ongoing surveillance of portfolio positions, and leverage advanced analytics, machine learning models, and structured data pipelines to enhance investment precision.
Develop and maintain an extensive sell-side network to source trades and liquidity, ensuring effective execution and market access across public and private markets.
What we're looking for
A master's degree in finance, mathematics, or a related field of study.
Five years of experience in the following: trading structured products at a buy-side firm; managing securitized products portfolios and executing investments across a range of structured credit assets, including loans, bonds, and residuals; generating investment ideas, underwriting opportunities, conducting surveillance, and executing trades within both public and private markets; developing and maintaining derivative hedging strategies across rates, equities, and credit; conducting granular consumer credit analysis; pricing securitized products using the Intex cashflow modeling tool; building analytics to track performance and surveillance programmatically using Python and SQL; database management of a securitized products database, including Loan Performance; modeling defaults and prepayments of granular consumer portfolios; underwriting complex deal documents to evaluate covenants and legal strategies; negotiating private transactions in the Asset-Backed space; securitization domain knowledge and interaction with stakeholders, including lawyers, bankers, and trustees; cashflow modeling of bespoke private transactions; Python programming for financial modeling; scenario analysis of non-agency mortgage cash flows; structured credit portfolio valuation using Intex software; database management of mortgage-specific datasets; balance sheet risk analysis for financial institutions.
Alternatively, the employer will accept a bachelor's degree in finance, mathematics, or a related field of study, plus seven years of experience trading structured products at a buy-side firm; managing securitized products portfolios and executing investments across a range of structured credit assets, including loans, bonds, and residuals; generating investment ideas, underwriting opportunities, conducting surveillance, and executing trades within both public and private markets; developing and maintaining derivative hedging strategies across rates, equities, and credit; conducting granular consumer credit analysis; pricing securitized products using the Intex cashflow modeling tool; building analytics to track performance and surveillance programmatically using Python and SQL; database management of a securitized products database, including Loan Performance; modeling defaults and prepayments of granular consumer portfolios; underwriting complex deal documents to evaluate covenants and legal strategies; negotiating private transactions in the Asset-Backed space; securitization domain knowledge and interaction with stakeholders, including lawyers, bankers, and trustees; cashflow modeling of bespoke private transactions; Python programming for financial modeling; scenario analysis of non-agency mortgage cash flows; structured credit portfolio valuation using Intex software; database management of mortgage-specific datasets; balance sheet risk analysis for financial institutions.
The base salary for this position is $300,000 - $350,000. Our compensation and benefits package includes variable compensation in the form of a year-end bonus, guaranteed in the first year of hire, and benefits including medical and prescription drug coverage, 401(k) contribution matching, wellness reimbursement, family building benefits, and a charitable gift match program.
Please email your resume and cover letter to [redacted] and reference [redacted] CWA in the subject or body of your email.
