Structured Finance Investment Analyst (RMBS & CMBS)
About The Position
DWS is seeking a Structured Finance Analyst to support research, analysis, and ongoing surveillance of commercial mortgage-backed securities (CMBS) and residential mortgage-backed securities (RMBS). The role is part of the Structured Finance Team in DWS Americas’ investment division, which covers products including open-end mutual funds and institutional and retail separately managed accounts. The position is based in New York and follows DWS’ hybrid working model, with the balance of office and home working varying by business group and discussed during the application and interview process. The analyst will evaluate new-issue transactions and monitor existing portfolio holdings across RMBS and CMBS, develop investment recommendations, interpret transaction documents, underwrite collateral, build and maintain cash-flow models, and support data integrity in portfolio-management and trading systems.
Requirements
- Bachelor’s degree.
- Highly proficient with Excel and industry-standard tools such as Intex, Trepp, and Bloomberg.
- Keen sense of integrity and fiduciary responsibility; client-focused and a strong team player.
- Strong written and oral communication skills.
- Proven ability to use AI tools to enhance productivity, optimize workflows, and solve business problems while applying critical judgment to ensure responsible and ethical use of data and AI outputs.
Nice To Haves
- Prior experience at a rating agency or buy-side investment firm.
- Proven expertise in mortgage-backed securities, including CMBS and/or RMBS.
Responsibilities
- Assist team members in evaluating new-issue transactions and surveilling existing portfolio holdings across RMBS and CMBS.
- Formulate high-conviction investment recommendations based on relative value while accounting for different account risk tolerances.
- Review offering memoranda and interpret legal and structural provisions.
- Underwrite collateral, including property-level cash flows, DSCR, LTV, and sponsor quality.
- Build and maintain cash-flow models to assess structure and credit.
- Lead efforts to maintain data integrity within portfolio-management and trading systems.
Benefits
- Access to a range of benefits that colleagues can choose from to create a personalized plan, including healthcare, company perks, and retirement-plan options.
- Physical, emotional, and financial wellness benefits intended to support financial security and work-home balance.
Stand Out From the Crowd
Upload your resume and get instant feedback on how well it matches this job.
What This Job Offers
Job Type
Full-time
Career Level
Entry Level
