Senior Credit Analyst, RMBS

Job description

Job Title : Senior Credit Analyst, RMBS Location : New York, NY: Job Duties: Act as a lead analyst on structured finance transactions with minimal supervision, and present analysis to rating committee. Coverage includes fix-and-flip loans, non-QM, prime jumbo QM, GSE-CRT, MILN, HELOC and other residential mortgage loans (30%). Test cash flows to confirm accuracy and robustness of cash flow models. Conduct scenario/sensitivity analysis and communicate analysis to senior staff and colleagues (15%). Perform transaction analysis including analysis of collateral, deal structures and legal issues (12%). Focus on key credit issues during the new issue rating process including industry regulations, disclosure practices and compliance requirements in the RMBS sector (7%). Coordinate with technology team to build and improve processes (7%). Participate in criteria development and enhancement of structured finance models (5%). Produce and publish industry commentaries and newsletters (5%). Participate in external meetings with bankers, investors, and originators (5%). Analysis of representation and warranties provided on the loans in the transaction, underwriting guidelines of originators to...