Mortgage Analyst

The role

The Mortgage Analyst will execute the risk management pipeline by managing residential loan file due diligence and performing mortgage collateral analysis. The role involves building and running cash flow models for non-agency RMBS structures.

What you will do

• Perform technical due diligence on residential whole-loan data files
• Validate structural features and credit attributes
• Identify collateral data gaps and document exceptions
• Coordinate with credit managers, custodians, and originators
• Monitor key metrics impacting collateral quality
• Support building, updating, and stress-testing cash flow models
• Analyze structured finance cash flow waterfalls
• Ingest and normalize raw loan tapes
• Maintain monthly portfolio performance metrics
• Act as a primary point-of-contact for external diligence houses, rating agencies, and audit teams

Required qualifications

• Bachelor’s degree
• 1 to 3 years of experience in residential mortgage banking, capital markets, warehouse lending, or structured finance analytics
• Advanced Microsoft Excel capabilities
• Familiarity with industry-standard mortgage or structured finance tools
• Basic conceptual understanding of residential mortgage metrics
• High intellectual curiosity
• Obsessive attention to detail
• Strong self-organization
• Ability to articulate highly technical findings to broad team members

Nice to have

• Degree in Finance, Quantitative Economics, Mathematics, Engineering, or a heavily analytical field
• Familiarity or foundational exposure to some basic programming language for handling large datasets

About the company

Rothesay is a UK insurance company established in 2007 that manages over £74bn of assets. Rothesay Asset Management North America is headquartered in NYC and focuses on sourcing long-dated fixed income assets in North America.