Back to jobs
New

Analyst/Associate - Residential Mortgage

New York, New York

Position/Title: Analyst/Associate - Residential Mortgage

Pretium

Pretium is a specialized investment firm focused on U.S. residential real estate, residential credit, and corporate credit. Pretium was founded in 2012 to capitalize on investment and lending opportunities arising as a result of structural changes, disruptions, and inefficiencies within the economy. Pretium has built an integrated analytical and operational ecosystem within the U.S. housing, residential credit, and corporate credit markets, and believes that its insight and experience within these markets create a strategic advantage over other investment managers. Pretium’s platform has more than $57 billion of assets, comprising real estate investments across nearly 90 markets in the U.S., and employs approximately 7,000 people across 50 offices, including its New York headquarters, Miami, London, Seoul, and Sydney. 

Position

The Residential Mortgage Associate is a key contributor in the front office investment team and actively involved in the MSR and EBO businesses as well as other strategies within the Residential Credit business.  The Associate will support the entire MSR and EBO businesses, including sourcing, pricing, bidding, settlement, financing, asset management and risk management.  The position requires interaction with multiple business units both internal and external to the firm, including transaction management, analytics, technology, lenders, subservicers and the GSEs. This position is based in the Firm’s New York office.

Key Responsibilities

  • Learn the business of acquiring, managing, and funding residential credit strategies
  • New investment idea generation
  • Direct communication with key external partners such as sell side institutions, lenders, subservicers, rating agencies and GSEs
  • Help with sourcing of assets, underwriting, and financing
  • Oversee transactions as they progress through the typical trade life cycle
  • Develop or design tools and processes to increase transactional throughput including
  • Apply computational methods to optimize trading, financing, and securitization strategies
  • Analyze earnings, risk, and mark to market to explain and report business performance
  • Work closely with team members in trading, operations, accounting, risk control and other departments to manage and execute portfolio strategies to achieve revenue objectives
  • Review daily risk management and hedging of the portfolios

Requirements

  • 4-year undergraduate degree or higher in economics, finance, engineering or science
  • 2 – 5 years of relevant work experience
  • Detail oriented with ability to prioritize workflow and multi-task
  • Exceptional analytical and communication skills
  • Comfortable in a fast-paced trading environment
  • Comfortable working with large sets of data
  • Proactive in developing new ideas and ability to enhance current methods and tools.
  • Familiarity and knowledge of fixed income products, direct exposure to mortgages is preferred.
  • Intermediate to advanced technical skills including MS Excel
  • Experience utilizing pricing models and third-party pricing applications (Bloomberg, Intex, YieldBook, etc.)
  • Strong preference for someone with prior experience on a trading desk or portfolio management team
  • Strong preference for someone with prior experience in Mortgage Servicing Rights (“MSRs”) and/or Early Buyouts (“EBOs”)

What We Offer

This position offers the opportunity to join a collegial, entrepreneurial firm committed to the personal and professional growth of its team members and to maintaining a positive, encouraging work environment. The company offers a comprehensive benefits and perks package, including:

  • Employer-paid health, dental, vision and life insurance
  • 401(k) plan with an employer match
  • 20 annual days of Paid Time Off (PTO) plus 12 Firm holidays
  • Hybrid office/work from home arrangement (in office minimum of three days per week, four days strongly preferred)
  • Annual base salary range for this role is expected to be between $115,000 - $140,000
    • The actual salary will depend on various factors, including but not limited to a candidate’s experience and credentials, salary expectations of applicable candidates, and other applicable market conditions.
  • Annual year-end bonus eligible

Pretium is committed to creating a diverse environment and is proud to be an equal opportunity employer. All qualified applicants will receive consideration for employment regardless of race, color, religion, gender, gender identity or expression, genetic information, marital status, sexual orientation, national origin, disability, age, veteran status, or any other characteristic protected by federal, state, or local law.

Please see the firm’s policy regarding how it collects and processes your personal information.

Apply for this job

*

indicates a required field

Resume/CV*

Accepted file types: pdf, doc, docx, txt, rtf

Cover Letter

Accepted file types: pdf, doc, docx, txt, rtf

Education

Select...
Select...
Select...
Select...
Select...
Select...
Select...
Select...
Select...
Select...
Select...

Voluntary Self-Identification

For government reporting purposes, we ask candidates to respond to the below self-identification survey. Completion of the form is entirely voluntary. Whatever your decision, it will not be considered in the hiring process or thereafter. Any information that you do provide will be recorded and maintained in a confidential file.

As set forth in Pretium’s Equal Employment Opportunity policy, we do not discriminate on the basis of any protected group status under any applicable law.

Select...
Select...
Race & Ethnicity Definitions

If you believe you belong to any of the categories of protected veterans listed below, please indicate by making the appropriate selection. As a government contractor subject to the Vietnam Era Veterans Readjustment Assistance Act (VEVRAA), we request this information in order to measure the effectiveness of the outreach and positive recruitment efforts we undertake pursuant to VEVRAA. Classification of protected categories is as follows:

A "disabled veteran" is one of the following: a veteran of the U.S. military, ground, naval or air service who is entitled to compensation (or who but for the receipt of military retired pay would be entitled to compensation) under laws administered by the Secretary of Veterans Affairs; or a person who was discharged or released from active duty because of a service-connected disability.

A "recently separated veteran" means any veteran during the three-year period beginning on the date of such veteran's discharge or release from active duty in the U.S. military, ground, naval, or air service.

An "active duty wartime or campaign badge veteran" means a veteran who served on active duty in the U.S. military, ground, naval or air service during a war, or in a campaign or expedition for which a campaign badge has been authorized under the laws administered by the Department of Defense.

An "Armed forces service medal veteran" means a veteran who, while serving on active duty in the U.S. military, ground, naval or air service, participated in a United States military operation for which an Armed Forces service medal was awarded pursuant to Executive Order 12985.

Select...

Voluntary Self-Identification of Disability

Form CC-305
Page 1 of 1
OMB Control Number 1250-0005
Expires 04/30/2026

Why are you being asked to complete this form?

We are a federal contractor or subcontractor. The law requires us to provide equal employment opportunity to qualified people with disabilities. We have a goal of having at least 7% of our workers as people with disabilities. The law says we must measure our progress towards this goal. To do this, we must ask applicants and employees if they have a disability or have ever had one. People can become disabled, so we need to ask this question at least every five years.

Completing this form is voluntary, and we hope that you will choose to do so. Your answer is confidential. No one who makes hiring decisions will see it. Your decision to complete the form and your answer will not harm you in any way. If you want to learn more about the law or this form, visit the U.S. Department of Labor’s Office of Federal Contract Compliance Programs (OFCCP) website at www.dol.gov/ofccp.

How do you know if you have a disability?

A disability is a condition that substantially limits one or more of your “major life activities.” If you have or have ever had such a condition, you are a person with a disability. Disabilities include, but are not limited to:

  • Alcohol or other substance use disorder (not currently using drugs illegally)
  • Autoimmune disorder, for example, lupus, fibromyalgia, rheumatoid arthritis, HIV/AIDS
  • Blind or low vision
  • Cancer (past or present)
  • Cardiovascular or heart disease
  • Celiac disease
  • Cerebral palsy
  • Deaf or serious difficulty hearing
  • Diabetes
  • Disfigurement, for example, disfigurement caused by burns, wounds, accidents, or congenital disorders
  • Epilepsy or other seizure disorder
  • Gastrointestinal disorders, for example, Crohn's Disease, irritable bowel syndrome
  • Intellectual or developmental disability
  • Mental health conditions, for example, depression, bipolar disorder, anxiety disorder, schizophrenia, PTSD
  • Missing limbs or partially missing limbs
  • Mobility impairment, benefiting from the use of a wheelchair, scooter, walker, leg brace(s) and/or other supports
  • Nervous system condition, for example, migraine headaches, Parkinson’s disease, multiple sclerosis (MS)
  • Neurodivergence, for example, attention-deficit/hyperactivity disorder (ADHD), autism spectrum disorder, dyslexia, dyspraxia, other learning disabilities
  • Partial or complete paralysis (any cause)
  • Pulmonary or respiratory conditions, for example, tuberculosis, asthma, emphysema
  • Short stature (dwarfism)
  • Traumatic brain injury
Select...

PUBLIC BURDEN STATEMENT: According to the Paperwork Reduction Act of 1995 no persons are required to respond to a collection of information unless such collection displays a valid OMB control number. This survey should take about 5 minutes to complete.