RMBS Associate

RMBS Associate

Founded in 1992, Cerberus is a global leader in alternative investing with approximately $60 billion in assets across complementary credit, private equity, and real estate strategies. We invest across the capital structure where our integrated investment platforms and proprietary operating capabilities create an edge to improve performance and drive long-term value. Our tenured teams have experience working collaboratively across asset classes, sectors, and geographies to seek strong risk-adjusted returns for our investors. For more information about our people and platforms, visit us at www.cerberus.com.

Job Purpose, Responsibilities, and Deliverables:

Develop analytics and models for U.S. and European residential mortgage and housing markets. Utilize standard market data sets, including CoreLogic public records deed and tax database, Corelogic Loan Perfomrance database, BlackKnight McDash database, GSE, CRT, and eMBS database to conduct analyses. Use Python, Pandas, and SQL with local, AWS and Azure platforms for analytics. Conduct analytics including mortgage cashflow models for various standard reperforming loan types and forbearance and standard industry models.

Key Requirements:

Master's degree in Operations Research or a related quantitative field. Must have academic experience or training in: utilizing Python, Pandas, and Microsoft SQL Server; data analysis and modeling; knowledge of residential mortgage-backed securities or real estate markets; and understanding of mortgage cashflow for various standard performing and reperforming loan types. Telework permitted 1 day per week within commuting distance to worksite.

The base salary for this position is expected to be between $200,000 and $220,000. The base salary offered to the chosen candidate will be commensurate with a candidate's relevant experience and other qualifications for the position, as determined by the Company in its sole discretion. In addition to base salary, this position is eligible for an annual discretionary bonus, which is often a meaningful portion of the compensation package, and a robust benefits package.