Analyst Structured Finance, Non-Agency RMBS
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Job Location:
Boston, NH - USA
Monthly Salary:
$ 100000 - 160000
Posted on:
20 hours ago
Vacancies:
1 Vacancy
Job Summary
About the RoleThe Mortgage and Structured Finance (MSF) team has an opportunity for an analyst to join its 20-person team. This position will report to the Head of Mortgage and Structured Finance. The analyst will primarily focus on a broad range of research activities in the Non-Agency Mortgage-Backed Securities markets under the direction of the Head of MSF and the RMBS sector portfolio manager. The position will focus primarily in the liquid RMBS space and will assist in the potential expansion into whole loan and private RMBS transactions. The analyst will also contribute to the overall development of the proprietary data management infrastructure that supports the investment activities of the entire MSF team. The analyst will be responsible for refining and contributing to the investment approach and will over time be responsible for generating ideas independently and implementing them. About the TeamThe team is responsible for the firms research and investment activities across the global securitized universe overseeing a portfolio of $46.8 bn in assets as of June 30th 2025. The portfolio encompasses Agency MBS/CMBS pass-thrus and derivatives Non-Agency RMBS CMBS ABS and CLOs. The team has a 10 year track record generating strong risk-adjusted returns across four dedicated strategies spanning from pure agency MBS to deep credit structured ResponsibilitiesSupport coverage of public and private Non-Agency RMBS generate investment ideas and monitor the performance of the investment broad surveillance commentary and contribute to the outlook for the performance of the U.S. Housing market. Maintain updated view on the regulatory landscape that governs U.S. Housing and over time lead credit analysis of transactions in the new issue and secondary markets. Support delivery of credit analysis appropriate to invest across all parts of the capital structure. This requires extensive due diligence of sponsors originators servicers and data cash flow and structural analysis validating accuracy of third-party models. Independently apply and help refine internal credit rating methodology for each asset existing transactions. Set up surveillance models and monitor deal performance vs. each step of the investment process is followed and properly communicated: credit monitoring updating forward looking excess return expectation monitoring of and maintain presentations and reports for internal meetings client interactions and the portfolio management of securitized credit as an active member of the team to help identify relative value opportunities across the securitized markets and implement the best trade ideas across all clients & Education RequirementsBS degree in related field with exceptional academic achievement required6 years of financial services experience3 years of experience in the investment management arena with direct responsibilities in securitized assets. Investment experience in Non-Agency RMBS markets in a variety of collateral types and of RMBS structures both cash flows and legal. Proficient in Intex and proven ability to independently create cash flow models for complex RMBS transactions. Technical proficiency in Python SQL and Intex API is preferred. Understanding of optionality inherent in mortgage assets and ability to consistently evaluate relative value across various structures and collateral types. Self-directed with a strong attention to detail and no tolerance for errors.A personality that thrives in a working environment that is demanding informal and team orientedLoomis Sayles is committed to offering competitive and equitable compensation. The salary range for this position is $100000 - $160000 USD. Your starting salary will be based on your experience skills qualifications and local benchmarking. This position is also eligible for a discretionary annual incentive award which is based on individual and company addition to your compensation you will have access to a comprehensive benefits package designed to support your health well-being and financial Overview
Required Experience:
IC
Key Skills
- Cognos
- Forecasting
- Hyperion
- Microsoft Access
- Pivot tables
- Accounting
- Analysis Skills
- Microsoft Excel
- Financial Analysis
- Financial Modeling
- Budgeting
- Financial Planning
About Company
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