Senior Analyst

Firm Overview

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

As part of the European and broader business unit, which includes members in the US, the Senior Analyst is responsible for assisting with business development duties, including meeting new clients and maintaining existing relationships across Europe, supporting the investment screening and opportunities’ analysis, due-diligence, IC preparation, transactions’ closing and supporting/following the day-to-day collections, in addition to ad-hoc requirements.

Responsibilities include:

• Providing support to the European team in business development and investment activities
• Participating in client meetings with trips in Europe (Ireland/UK/Spain/Portugal mainly)
• Maintaining relationships and developing new ones with the community (investors/sellers/banks/etc.)
• Analyzing portfolios, build/help to build cashflow models.
• Collecting, processing, and analyzing underlying portfolio data generated externally or by various internal divisions of the company
• Enhancing Analytics reporting by automating manual processes and improving the accuracy of analyses
• Developing business intelligence (Data Warehousing and Reporting) solutions such as building dashboards, models, and tools to analyze and present data associated with Balbec and its funds’ portfolio
• Building and maintaining financial models and performance reports
• Explaining key valuation assumptions, risks, and performance trends to Partners and decision makers
• Serving as liaison between the Pricing & Analytics, Accounting, Compliance, Finance, and Investor Relations (Capital Formation Group) teams
• Developing, maintaining, and explaining recurring and one-off deliverables for investors and prospective clients
• Preparing daily, weekly, and monthly cash flow analysis of deal performance compared to original projections with in-depth analysis to understand rationale for under/over performance of the deal
• Reconciliation of cash flow posted to Balbec’s bank account vs cash flow reported by servicers
• Create and review monthly risk reports by geography and asset class
• Assist with overall investment processes including data cleanse and manipulation, pricing and stress testing, drafting investment process materials, and executing quantitative asset management functions

Qualifications & Experience

Role requires a strong quantitative skillset and an ability to maintain / process / analyze large data sets, highly effective communication and interpersonal skills given the multiple constituencies with whom the role must interact.

Required:

• Bachelor’s degree in a relevant field of study (Undergraduate degree required with a good grounding in financial services. Degrees in Computer Science, Mathematics, Finance or similar fields are preferred); candidates with at least 3-5 years of experience in relevant/similar field preferred
• Strong quantitative and analytical skills with experience with financial modeling, valuations, discounted cash flow analysis, etc.
• Highly effective communication and interpersonal skills
• High level of proficiency in Microsoft Office
• Diligent error-checking and debugging habits
• Detail-oriented and organized with an ability to prioritize and simultaneously manage many projects and drive to completion, with minimal hands-on guidance.
• Excellent analytical and problem-solving skills, combined with strong business acumen and an ability to present analysis in a clear and compelling manner
• Strong teamwork, communication, and time management abilities as well as the ability to work independently.

Preferred:

• Experience with BI tools (Qlik, Tableau, PowerBI, etc.) and SQL scripting language
• Proficiency in programing language (Python, Java, CSS, HTML, and JavaScript, etc.)
• Comfortable working with and analyzing large and complex data sets and the ability to distill and communicate findings
• Experience mapping and designing operational workflow in the investment management industry
• Fluent in English (as working language), second European language a plus (Spanish preferred)

Equal Employment Opportunity

Balbec Capital 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.

Disclaimer for External and 3rd Party Recruiters:

Please note that Balbec Capital does not accept unsolicited resumes from external or third-party recruiters. All recruitment-related inquiries and submissions must be directed exclusively to our HR department at careers@balbec.com. We kindly request that recruiters refrain from contacting any other employees within the organization regarding job opportunities. Any unsolicited resumes sent to our employees or submitted outside of the designated HR contact will become the property of Balbec Capital without any obligation to pay referral fees. Thank you for your cooperation.