Investment Analyst

Chimera Investment Corporation • Austin, TX

3d

About The Position

Chimera Investment Corporation is a publicly traded real estate investment trust (REIT) focused on a diversified portfolio of mortgage assets. Palisades, a part of Chimera, is an alternative asset manager in residential credit markets. The company offers a challenging and rewarding career in a collaborative environment, seeking individuals with integrity, intellectual curiosity, technical proficiency, and strong organizational skills. This Investment Analyst position supports the Asset Management Team in overseeing residential whole loans and real estate owned properties. The role involves independently managing residential mortgage loan transactions from acquisition to settlement and post-closing, coordinating with various internal and external stakeholders. The ideal candidate will have experience in whole loan transactions, strong analytical and organizational skills, and the ability to manage multiple complex workstreams.

Requirements

• Bachelor's degree in Data Science, Computer Science, Finance, Accounting, Economics, or related field.
• 1–4 years of experience in residential mortgage finance, capital markets, structured credit, or securitization.
• Experience managing residential whole loan transactions through closing.
• Working knowledge of Mortgage Loan Purchase Agreements (MLPAs).
• Working knowledge of Interim Servicing Agreements (ISAs).
• Working knowledge of Residential mortgage transaction documentation.
• Working knowledge of RMBS execution process.
• Working knowledge of Loan-level collateral data.
• Working knowledge of Servicing transfers.
• Understanding of settlement mechanics and transaction funding.
• Strong Excel skills, including dynamic arrays, power query, SQL connections, etc.
• Experience working with large loan-level datasets.
• Strong project management and organizational skills.
• Excellent communication skills with internal and external stakeholders.
• Ability to manage multiple priorities in a deadline-driven environment.

Nice To Haves

• SQL and Python experience preferred but not required.

Responsibilities

• Independently manage residential mortgage loan transactions (acquisitions, sales, warehouse financings, and securitizations) from trade execution through settlement and post-close activities.
• Develop and maintain transaction timelines, ensuring milestones and deliverables are completed on schedule.
• Manage counterparty onboarding and ensure internal approvals are completed prior to execution.
• Coordinate due diligence activities with third-party diligence firms, internal teams, clients, and sellers.
• Track, report, analyze and cure loan due diligence findings based on compliance, credit, title, valuation, servicing data, and collateral.
• Track diligence exceptions, stipulations, and issue resolution through closing.
• Identify and target high-risk issues to make suitable recommendations to trading desk for re-pricing / drop adjustments for whole loan acquisitions and sales and for third parties via advisory agreements.
• Prepare, validate, and distribute collateral tapes, loan data, and transaction reporting.
• Coordinate settlement activities, funding schedules, collateral transfers, and post-closing reconciliations.
• Coordinate execution of transaction documentation, including: Non-Disclosure Agreements (NDAs), Bid stipulations, Mortgage Loan Purchase Agreements (MLPAs), Interim Servicing Agreements (ISAs), Trade confirmations, Custodial and bailee agreements.
• Support financing and securitization transactions through coordination with dealers, trustees, custodians, rating agencies, and warehouse lenders.
• Partner with Finance & Accounting to support invoicing, settlement reporting, and revenue recognition.
• Maintain transaction pipeline reporting and settlement forecasts.
• Identify opportunities to improve transaction processes and operational efficiency.
• Assist in implementation of technology initiatives and workflow enhancements.
• Build strong working relationships with trading desk, clients, originators, servicers, diligence providers, and counterparties.
• Mentor analysts and junior team members on transaction processes and best practices.

Benefits

• 4 weeks of PTO
• Medical, dental, and vision insurance
• 401(k) retirement plan matching
• Charitable giving employee matching program
• Continuing education and professional certification expense reimbursement
• 13 paid holidays

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level