The Newcastle Mortgage Analyst/Associate will:|
Assist with Asset Management by generating and maintaining detailed performance reporting on pools of residential mortgage loans to track and monitor the portfolios
Value new investments by creating detailed performance projections and valuation analysis of residential loan pools and other structured products such as:
Performing and non performing residential whole loans,
Non agency RMBS
Mortgage servicing rights and other residential assets
Run modeling analytics to develop default probability, loss distribution and cash flow models to assess credit risk and return profile under multiple scenarios.
Update and maintain a complex database of structured product payment/loss information and models to project loss-given default.
Utilize Excel to generate reports on loan pools to analyze and produce loan level cash flows
Bachelor’s Degree in Finance, Accounting, Economics, Statistics, or other quantitative field.
Mortgage research, cash flow modeling and data base management skills a plus
Must have 4+years of work experience, preferably in residential structured products and residential whole loan transactions
Knowledge of financial concepts, economics, and statistics required and practical experience in structured finance strongly preferred.
Must be extremely proficient in Excel
Excellent organizational and analytical skills and attention to detail.
Strong interpersonal and communication skills, both oral and written.
Team player with the ability to work independently and function in a support role.
Fortress Investment Group LLC - 10 months ago