Analyst, Securitized Assets, Non-Agency Desk Analyst - Fundamental Fixed Income
BlackRockAbout the role
About this role
The Securitized Assets Team within Fundamental Fixed Income is seeking an Analyst to join the Non-Agency RMBS trading desk. The Analyst will be responsible for supporting the Non-Agency RMBS traders and Portfolio Managers with various facets of the investing business. The position is based in New York City.
Title and compensation will be commensurate with the relevancy of past experience and qualifications to the role.
Role responsibilities:
Review and analyze collateral backing various types of Non-Agency RMBS deals and deal structures/ underlying deal documents/ modeling.
Review model projections.
Evaluate creditworthiness of bonds in the primary and secondary market. Run bonds for pricing. Use Intex to run deal and bond cash flows and scenarios. Perform scenario analysis. Assess relative value of bonds.
Perform surveillance of deals across the Non-Agency RMBS credit spectrum.
Set up new deals, obtain necessary approvals to participate in new deals. Check compliance rules.
Attend road shows and meetings with investors/clients/ the Street.
Put together various presentations for pitches, internal meetings.
Trade RMBS bonds.
Perform hedging of RMBS positions.
Present updates on the RMBS market to multi-sector PMs.
Use your coding skills to improve processes and functions.
Qualifications:
1-3 years of relevant and similar experience working in fixed income markets (may include research, trading, banking/syndicate, risk management, and/or general portfolio management)
Bachelor’s degree
Quantitative background
Strong interest in financial markets and investing.
Strong financial modeling, organizational, and communication skills
Proficient in Excel and PowerPoint. Coding experience a plus. Prior experience with Intex a plus.
Our benefits
To help you stay energized, engaged and inspired, we offer a wide range of benefits including a strong retirement plan, tuition reimbursement, comprehensive healthcare, support for working parents and Flexible Time Off (FTO) so you can relax, recharge and be there for the people you care about.
Our hybrid work model
BlackRock’s hybrid work model is designed to enable a culture of collaboration and apprenticeship that enriches the experience of our employees, while supporting flexibility for all. Employees are currently required to work at least 4 days in the office per week, with the flexibility to work from home 1 day a week. Some business groups may require more time in the office due to their roles and responsibilities. We remain focused on increasing the impactful moments that arise when we work together in person – aligned with our commitment to performance and innovation. As a new joiner, you can count on this hybrid model to accelerate your learning and onboarding experience here at BlackRock.
About BlackRock
At BlackRock, we are all connected by one mission: to help more and more people experience financial well-being. Our clients, and the people they serve, are saving for retirement, paying for their children’s educations, buying homes and starting businesses. Their investments also help to strengthen the global economy: support businesses small and large; finance infrastructure projects that connect and power cities; and facilitate innovations that drive progress.
This mission would not be possible without our smartest investment – the one we make in our employees. It’s why we’re dedicated to creating an environment where our colleagues feel welcomed, valued and supported with networks, benefits and development opportunities to help them thrive.
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