RMBS Banker

Mizuho•New York, NY

1d•$150,000 - $175,000•Onsite

About The Position

Residential Mortgage Finance – Associate The Residential Mortgage Finance group sits within the Fixed Income Division and is focused on deploying the bank’s capital to provide senior financing solutions to institutional clients backed by U.S. residential mortgage collateral. Clients include mortgage originators, aggregators, servicers, and institutional investors. Job Summary Support the origination, execution, and ongoing operations of financing facilities secured by mortgages and/or U.S. residential real estate Serve as a critical member of the deal team working to execute new RMBS and Agency securitizations (including Agency CMBS where applicable) Assist in the pricing, valuation, and performance analysis of collateral securing financing facilities Partner with senior bankers to provide excellent service to existing and prospective clients

Requirements

3+ years of exposure to fixed income / debt capital markets; experience at an RMBS issuer, rating agency, investor, underwriter, or accounting/consulting firm focusing on RMBS preferred
BS/BA in business, finance, accounting, economics, data analytics, or similar technical field (MBA a plus)
Highly proficient in Microsoft Office (Excel and PowerPoint required); strong attention to detail and comfort working with large datasets
Ability to handle multiple responsibilities under tight timelines in a high-pressure environment; strong organizational and project management skills
Self-starter with excellent work ethic who will take ownership of responsibilities; willingness to work in a lean, tight-knit team and do what needs to be done to achieve objectives
Strong verbal and written communication skills; able to translate analysis into clear, client-ready outputs
Ability and willingness to travel approximately quarterly

Nice To Haves

Experience with Intex (Calc/Dealmaker) and/or CAS a strong plus
Coding and automation experience a strong plus (e.g., Python, VBA, SQL, R) — including the ability to automate recurring analyses, build repeatable workflows, and improve reporting efficiency
Experience creating, analyzing, and maintaining databases a strong plus (e.g., SQL-based data stores, Excel/Access-based repositories, data pipelines, data quality controls, documentation)
Demonstrated interest in operational risk/control mindset and process improvement

Responsibilities

Support the team in originating new business by creating, developing, and presenting funding ideas across residential mortgage collateral types; draft initial versions of client presentations, pitch books, and market updates
Drive the execution of securitization transactions across third parties (issuers, lawyers, rating agencies, accountants, trustees, paying agents, etc.) and internal stakeholders (credit, legal, risk, ops, treasury)
Review offering documents and transaction agreements; prepare sales memos, credit write-ups, and internal approval materials; coordinate transaction settlement and closing deliverables
Perform collateral due diligence and loan-level analysis (stratifications, exceptions, reps & warranties review, data tapes, servicer reports); support ongoing collateral reporting requirements
Assist with collateral pricing/valuation and scenario analysis (prepayment, defaults, severity) using market levels, comparable deals, and analytics tools (e.g., Intex)
Respond to client data requests and ad-hoc analyses; develop product/market expertise and contribute to day-to-day client coverage
Maintain internal databases of market data and transaction details (spreads/yields, deal pricing, trading levels, league tables, issuance volumes); improve data quality and documentation standards
Help automate processes where possible (reporting, data ingestion, templated analyses, dashboarding); partner with technology/data teams as needed
Proactively identify operational risks, control deficiencies, and process gaps; escalate issues to management and relevant risk/control functions on a timely basis
Review and comply with firm policies and procedures applicable to business activities