Summary
A highly regarded investment firm has an immediate opening for a Structured Products Valuation professional in New York City. This is an exciting opportunity to take ownership of a specialized and expanding book within a well-established and collaborative team.
Company Information:
A premier global alternative investment firm headquartered in New York, managing diversified portfolios across hedge fund, private equity, and venture capital strategies with decades of market-leading performance.
Job Description:
- Manage the valuation of mortgage-backed securities, including specified pools, CMOs, TBA/TBA options, and non-agency products
- Oversee market data inputs to valuation models, ensuring compliance with the firm’s valuation policy
- Perform model validation for new or upgraded valuation models supporting new products and system enhancements
- Conduct price testing analysis against counterparty valuation and third-party pricing vendors
- Maintain valuation support documentation to evidence the accuracy of investment valuations
- Partner with investment professionals, Risk, and other supporting teams on pricing, valuation, P&L, and valuation models
- Collaborate with the Technology team to implement valuation setups for new products and automate valuation processes
Requirements / Qualifications:
- 7+ years of mortgage valuation experience covering agency MBS, including specified pools, CMOs, TBA/TBA options, and non-agency products (RMBS, CMBS, CLO)
- Strong quantitative or finance background with deep knowledge of derivatives valuation modeling principles
- Familiarity with financial products and Greeks, particularly in the derivatives space
- Strong sense of ownership with the ability to resolve issues independently
- Excellent interpersonal and communication skills, written and verbal, with experience working cross-functionally
- Leadership skills to educate, train, and develop others within a valuation team
