Analyst - PRP Advisors : Job Details

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This range is provided by PRP Advisors. Your actual pay will be based on your skills and experience — talk with your recruiter to learn more.

$80,000.00/yr - $105,000.00/yr

Firm Overview

PRP Advisors is a subsidiary of Balbec Capital LP. Balbec Capital (“Balbec”) is an SEC-registered alternative investment manager with offices in the United States and Europe. Since its founding in 2010, Balbec has deployed over $23 billion globally through its funds and investment vehicles, seeking to deliver consistent, risk-adjusted returns to investors and long-term partners across asset-based credit strategies.

Balbec is a direct investor in residential and commercial mortgage loans at all stages of performance, mortgage servicing rights, and select consumer and alternative credit assets. Leveraging its proprietary technology and transaction management platform, Balbec efficiently executes highly granular transactions, enabling the firm to serve a broader range of counterparties and generate returns for investors by applying institutional execution standards to inefficient, underserved, or fragmented markets.

Balbec's funds rank among the largest issuers of U.S. residential mortgage-backed securities (RMBS) through its PRPM shelf. The firm's investments in agency mortgage servicing rights are sourced via its affiliate, Bungalow Funding.

Balbec has invested in over 20 countries, selectively deploying capital into geographically and asset-diverse opportunities that exhibit attractive risk/reward profiles, upside potential, and substantial downside protection.

Job Description & Key Responsibilities

Seeking to fill an Analyst role in Balbec's New York City office within its due diligence and transaction management group. In addition to a strong quantitative skillset and an ability to maintain / process / analyze large data sets, the candidate must possess highly effective communication and interpersonal skills because this role requires communication with numerous groups inside and outside the company.

Responsibilities include:

• Work in an iterative, fast-paced environment with the capital markets and transaction management teams on a variety of projects.
• Assist in the transaction management process including monitoring third-party vendor deliverables and intake of loan materials required from each seller.
• Manage orders and subsequent results from multiple vendors for each transaction and consolidate data for loan-level analysis.
• Conduct loan-level due diligence from a variety of data sources, including proprietary tools developed by the transaction management team.
• Monitor the shipment of collateral files and provide the requisite data to our custodians.
• Prepare notifications for purchased deals and organize closing documents and loan data to facilitate the loan boarding process at our servicers.

Qualifications & Experience

Required:

• Bachelor's degree in a relevant field of study (Degrees in Finance, Engineering or similar fields preferred).
• 1-3 years of professional experience. Experience in the mortgage industry and/or with securitizations is highly preferred but not required.
• High level of proficiency in Microsoft Excel.
• Experience in SQL database queries is strongly preferred.
• Strong teamwork, communication, and time management skills as well as the ability to work independently.

Balbec Capital LP is committed to ensuring equal employment opportunities for all employees, including qualified employment applicants. The firm strives to maintain an environment free of discrimination based on race, color, religion, gender, national origin, ancestry, age, disability, genetic information, military or veteran status, marital status, sexual orientation, gender identity, citizenship, or any other protected category or characteristics as defined by federal, state or local laws. This equal employment opportunity policy applies to all employment practices, including but not limited to recruiting, hiring, advertising, promotion, transfer, reductions in force, social and recreational programs, training, employee development, compensation and fringe benefits, discipline and termination.