Wolverine Trading company image
Wolverine Trading
Technology that drives trading.
Hybrid
View Profile
Jobs//Hybrid//Data + Analytics//

Hedge Fund Residential MBS Analyst

Sorry, this job was removed at 12:23 p.m. (CST) on Thursday, December 9, 2021
View 482 Jobs
Find out who's hiring remotely in Chicago.
See all Remote Data + Analytics jobs in Chicago
View 482 Jobs
Easy Apply
By clicking Apply Now you agree to share your profile information with the hiring company.
Save job

Residential MBS Analyst
Job Description:
The Residential MBS Analyst position fulfills a vital role within the NAV Arbitrage group, helping to provide the real-time risk and pricing information necessary to detect inefficiencies across the spectrum of publicly traded Mortgage REIT funds. Long-term growth opportunities are available as part of the broader team, whether in a wider analyst role or further downstream (i.e. trade execution). Strong candidates will possess an array of skills spanning financial statement analysis, MBS market conventions and valuation techniques, and meticulous organizational habits.
Responsibilities:

  • Construct and maintain in-depth models of Mortgage REITS using 10-K and 10-Q statements
  • Curate real-time data feeds with relevant MBS pricing information for interim "real time" balance sheet models
  • Translate model balance sheet information into common portfolio risk factors
  • Work with technology team to streamline existing Excel process, promote to proprietary software
  • Work with trading team to maintain asset- and issuer-level trading engine parameters
  • Suggest and assist in implementation of TBA overlay and interest rate hedges


Skills and Experience:

  • 1 to 3 years of research/analysis experience in MBS market
  • Strong proficiency in Excel
  • Knowledge of Bloomberg MBS-related functions
  • Coursework (MBA, CFA Level 1) or equivalent practical experience in financial accounting or financial statement analysis
  • Awareness of REIT and Mortgage REIT corporate structure
  • Background in MBS trading conventions and execution beneficial


About Wolverine
Wolverine Asset Management, LLC ('WAM') is an alternative asset management firm that seeks to generate returns for its investors by investing in the equity, credit, commodity, and volatility asset classes. WAM was founded in 2001 and currently has over USD 3.8bn in assets under management.
Wolverine, founded in 1994, is a diversified financial institution specializing in proprietary trading, order execution services, and technology solutions. Wolverine is recognized as a market leader in derivatives valuation, trading, and value-added order execution across global equity, options, and futures markets. With a focus on innovation, achievement, and integrity, Wolverine takes pride in serving the interests of both its clients and colleagues. Wolverine is headquartered in Chicago with offices in New York and San Francisco and a proprietary trading affiliate office located in London.
Visa sponsorship is not available for this position.

See More
Easy Apply
By clicking Apply Now you agree to share your profile information with the hiring company.
Save job
By clicking Apply Now you agree to share your profile information with the hiring company.
Neel Patel
Equities Options Trader & Manager, Summer Trading Internship Program
LEVERAGE OPPORTUNITY
Prosper alongside development-minded colleagues
In 2008, Patel was getting his feet wet as an intern. More than a decade later, the seasoned team member now trades at the equities desk, with stints on a handful of other teams along the way. Central to his growth has been a workforce that rewards the desire to improve and grow, put into practice via a formal education department and mentor program. “One of the founding tenets of Wolverine has been education,” Patel said.
In 2008, Patel was getting his feet wet as an intern. More than a decade later, the seasoned team member now trades at the equities desk, with stints on a handful of other teams along the way. Central to his growth has been a workforce that rewards the desire to improve and grow, put into practice via a formal education department and mentor program. “One of the founding tenets of Wolverine has been education,” Patel said.
The traders and managers who took the time to show me their role in the firm helped me develop into a well-rounded and effective trader down the road.
Ellie Kenny
Database Engineer
ENGINEER WHAT’S NEXT
Utilize tech to bolster operations
As a database engineer, Kenny helps steer data efforts across the company. Recently, to redesign the structures and processes involved with archiving a large amount of data, she leveraged SQL to overhaul tables to decrease downtime during the archive process. “A portion of my project was written to be flexible enough to be used in different business areas. In this way, we have also planned for future internal projects."
As a database engineer, Kenny helps steer data efforts across the company. Recently, to redesign the structures and processes involved with archiving a large amount of data, she leveraged SQL to overhaul tables to decrease downtime during the archive process. “A portion of my project was written to be flexible enough to be used in different business areas. In this way, we have also planned for future internal projects."
Wolverine is proactive in using technology to plan and prepare for changes in the marketplace.
Aaron Kreke
Head Chef
WHIP UP SUCCESS
Find a home for indulging creative passions
Trading might be the pulse of the firm, but thanks to this 19-year-company veteran and his team, the kitchen gives it heart. Remote work hasn’t diluted the culinary culture, as Kreke and co. have posted recipes to the company website, like brisket chili and chicken shawarma, as they continue to develop their craft. “Hopefully, this time away will spark everyone’s creativity to come up with new ideas when we return,” he said.
Trading might be the pulse of the firm, but thanks to this 19-year-company veteran and his team, the kitchen gives it heart. Remote work hasn’t diluted the culinary culture, as Kreke and co. have posted recipes to the company website, like brisket chili and chicken shawarma, as they continue to develop their craft. “Hopefully, this time away will spark everyone’s creativity to come up with new ideas when we return,” he said.
The kitchen is ingrained into the culture here. It’s a space to grab a cup of coffee. A place where new employees are introduced to co-workers. Or, for some, a place to take a load off their mind.

What are Wolverine Trading Perks + Benefits

Wolverine Trading Benefits Overview

It's not about the clothes... it's about the person in them. At Wolverine, we've created a strong, collaborative environment with exceptional growth opportunities. Whether your interest is trading, technology, or operations, motivated and innovative individuals can find many pathways to success. Our flat organizational structure promotes teamwork across the Firm and offers easy access to senior staff (don't worry, they won't be wearing a suit either).

While we work exceptionally well as a team in the office, our bonds are further strengthened through company events and activities. Volleyball, soccer, hockey, 5K runs, picnic, parties, and trivia nights provide friendly competition and build better relationships. By getting out of our usual environment and doing out-of-the-ordinary things together, we foster creativity and broaden our imaginations to accomplish new challenges.

Culture
Volunteer in local community
Partners with nonprofits
Open door policy
OKR operational model
Team based strategic planning
Pair programming
Open office floor plan
Remote work program
Diversity
Highly diverse management team
Mandated unconscious bias training
Mean gender pay gap below 10%
Diversity employee resource groups
Hiring practices that promote diversity
Health Insurance + Wellness
Disability insurance
Dental insurance
Vision insurance
Health insurance
Life insurance
Wellness programs
Mental health benefits
Financial & Retirement
401(K)
401(K) matching
Performance bonus
Charitable contribution matching
Child Care & Parental Leave
Generous parental leave
Family medical leave
Restricted work hours
Company sponsored family events
Fertility benefits
Vacation + Time Off
Generous PTO
Paid volunteer time
Paid holidays
Paid sick days
Office Perks
Company-sponsored outings
Wolverine hosts one firmwide outing every month as well as many more throughout the year
Free daily meals
Free snacks and drinks
Company-sponsored happy hours
Recreational clubs
Relocation assistance
Fitness stipend
Mother's room
Onsite gym
Professional Development
Job training & conferences
Many educational classes are offered in-house by our Education team, we also take advantage of various seminars and conferences throughout the year
Lunch and learns
Promote from within
Mentorship program
Continuing education available during work hours
Paid industry certifications
View full list of perks + benefits
Photo Gallery

More Jobs at Wolverine Trading

Easy Apply
By clicking Apply Now you agree to share your profile information with the hiring company.
Save job
By clicking Apply Now you agree to share your profile information with the hiring company.
Learn more about Wolverine TradingFind similar jobs like this