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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:
Cerberus established our Residential Opportunities (“CRO”) investment platform in 2008 to capitalize on opportunities to acquire distressed residential loans and mortgage-backed securities (“RMBS”) following the Global Financial Crisis. Over the past decade, our Residential Opportunities platform has continued to build upon its expertise in residential debt and evolved to earn recognition as an innovator and market leader in securitizing performing residential real estate loans and investing in single-family rental real estate (“SFR”).
Our Residential Opportunities strategy seeks to maximize absolute return through a combination of capital appreciation and current income, investing primarily in mortgages, loans, and real assets, and leveraging our proprietary asset management platforms to enhance performance and drive value.
You will develop a holistic understanding of our investment platform by working across varying teams including Portfolio Management, Trading, and Fundraising & Investor Relations. You will have direct access to senior leadership including portfolio managers and investment principals.
Responsibilities/Deliverables:
- Develop a strong understanding of the platform’s investment strategies and investment approach
- Support portfolio managers and investment staff with financial modeling, in-depth research and analysis of industry financials, and project diligence
- Learn how to use and maintain risk infrastructure for existing and new investments
- Assist traders and investment staff with closing new deals, liquid trading activity, portfolio financing, and active portfolio risk management
- Serve as trading desk liaison with key internal stakeholders including Investment Operations, Investor Relations, Accounting, Tax, and Legal
- Coordinate with external counterparties on behalf of traders
- Develop and maintain analytical material related to senior Portfolio Management strategic planning, risk management, and fundraising efforts
Key Requirements:
- 0-3 years relevant experience in trading, banking, operations, investment management or relevant related undergraduate course work. With a preference for more analytically inclined backgrounds.
- Experience with RMBS or other structured products a plus
- Experience with Python and SQL preferred – ability to develop expertise on the job a requirement
- Highly proficient in Excel
- Outstanding written and verbal communication skills
- Personal accountability, strong work ethic and attention to detail
- Self-starter with a willingness to learn and apply knowledge
- Person who can be successful in collaborative, dynamic, and driven work environment
The base salary for this position is expected to be between $90,000.00 and $110,000.00. 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
