Residential Credit Trader

Pretium•New York, NY

11d•Hybrid

About The Position

We are seeking a Vice President to join the Residential Mortgage Credit team. This position will report to the Head of Seasoned Loan Trading and is based in the Firm’s New York City office.

Requirements

Undergraduate degree; progress towards CFA designation a plus
Minimum 4 - 7 years of relevant experience
Prior experience in a trading and/or underwriting role
Strong analytics and experience with reporting and integrating various models and data
Intermediate to advanced technical skills including MS Excel
Ability to articulate complex strategies and concepts to a wide audience with varying degrees of product knowledge
Comfort communicating with senior leadership and providing direction to senior support staff
Ability to function as a project leader, attention to detail, time management, multi-tasking, and organizational skills
Familiarity and knowledge of fixed income products, direct exposure to mortgages is preferred
Experience utilizing pricing models and third-party pricing applications (Bloomberg, Intex, CAS, etc.)
Exceptional written and verbal communication skills

Nice To Haves

Progress towards CFA designation a plus

Responsibilities

Analyze and execute investment opportunities into residential credit strategies across products
Evaluate leverage opportunities to optimize fund returns
Oversee transactions as they progress through the typical trade life cycle
Manage daily risk positions and review asset performance
Ownership of asset valuation and profit and loss analysis
Work closely with external counterparties to execute transactions
Collaborate with business development and senior leadership to secure prospective fund investors