A leading diversified capital manager specialized in mortgage finance is seeking talent for their Market Risk team. This buy-side firm actively invests in Agency MBS also engaging in non-agency residential whole loans, CMBS, MSRs, and other assets. They are a Real Estate Investment Trust, not subjected to federal income tax, allowing them to focus on generating stable returns. The firm covers both agency and non-agency assets and has a significant presence in the mortgage finance market.

The Role:

Market Risk Manager (Mid-Senior Level/VP) covering non-agency RMBS

• Manage market risk for securitized products, with a focus in non-agnecy RMBS
  • Residential credit and whole loans
• Develop methodologies for measuring market risk with exposure primarily to Residential Credit, with a secondary focus on ABS and CMBS
• Conduct research focused on bringing in new business with the trade desk - assessing risk of potential new clients/partners
• Use Polypaths to value Residential Mortgage risks
• Conduct Quantitative Analysis, produce risk measurements/analytics, VaR, and stress testing

Qualifications:

• 7-10 years of market risk management experience in securitized products, with a focus/direct exposure covering non-agency RMBS
• Market Risk securitized products experience: non-agency RMBS - Residential Credit, Whole Loans
• Direct experience/familiarity with stress testing, MBS prepayment and loss modeling
• Experience in Bloomberg, Polypaths, Intex, or other fixed income analytics system

Eligibility Requirements:

• Must have unrestricted work authorization within the U.S. - no visa sponsorship, or transfer will be offered