Senior Structured Product Research Analyst
Requistion: HQ15317
Interest Category: Portfolio / Asset Management
Business Unit: Headquarters
Description: Led by our Chief Investment Officer, the Investment Department manages a $65 billion consolidated investment portfolio and consists of more than 150 investment professionals focused on asset management, trading, portfolio management, risk management, finance and accounting functions.
RESPONSIBILITIES
• Candidate is expected to be a self starter who has passion for Fixed Income markets, is an independent thinker, and strong minded with focus on Credit.
• Collaborate with traders and research staff in developing and implementing a strategy for existing holdings, as well as new investments.
• Review holdings' performance information from Intex, Bloomberg and Servicer reports and compare to original expectations. Revise our internal ratings as necessary.
• Follow up with trustees, servicers, special servicers, rating agencies, and bankers to determine causes of performance weakness.
• Recommend buy/hold/sell designation on our holdings. Make supported recommendations and develop relative value view across other structured products and asset classes.
• Work on automation of surveillance.
• Draft assumptions for impairments and discuss them with senior management and auditors.
• Perform impairment and other cash flow testing on the portfolio.
• Provide qualitative and quantitative analysis of securities identified for impairments and work with auditors to defend the outcome.
• Implement a deal monitoring system for ongoing monitoring of credits.
• Aid in updates on individual credit limits.
• Participate and speak in morning market meetings on meaningful events or trends in asset class.
• Participate in monthly credit reviews for structured finance asset classes and watch list discussions.
• Provide credit view to support new business initiatives.
BASIC QUALIFICATIONS
• Bachelor's degree in Finance, or related area(s) of study
• Experience analyzing RMBS and ABS risks with a focus on esoteric ABS (down to a BBB-rated level)
• Experience automating surveillance tools and tracking reports
• Very strong verbal and written communication skills
• 7+ years experience in fixed income capital markets
• Ability to prioritize multiple tasks in a fast-paced, changing environment
• Strong Excel and Power Point Skills
PREFERRED QUALIFICATIONS
• • MBA or CFA
• Experience working with analytical tools such as Trepp, Intex or BlackRock Solutions
Leave a Reply
You must be logged in to post a comment.