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Type of Role: Investments

Experience Level: Analyst/Associate

Location: US, Remote

Salary: $100K - $172K

At TruStage, we’re on a mission to make a brighter financial future accessible to everyone.  We put people first, and work hand in hand with employees and customers to create a diverse and inclusive environment. Passionate about building insurance, investment and technology solutions, we push the boundaries of what’s possible. We need you to help us shape what’s next. You’ll be encouraged to share your experiences, ideas and skills to help others take control of their financial future. Details below.

Job Purpose:

This position is responsible for supporting the due diligence, underwriting, surveillance, relative value analysis, and modeling of a $900mm Commercial Mortgage-Backed Securities (CMBS) portfolio.  Reporting to the Structured Securities Portfolio Manager, this role involves analyzing various investment opportunities across the investment-grade CMBS space.

Job Responsibilities:

  • Identify potential investment opportunities in both the new issue and secondary markets.
  • Conduct property-level and transaction-level analysis of potential purchases.
  • Monitor portfolio and performance analytics on an ongoing basis.
  • Create models to simulate the performance of each holding under various stress scenarios.
  • Assign internal ratings to all holdings; place holdings on watchlist as appropriate.
  • Create supporting documentation for both new issue purchases and monitoring efforts.
  • Participate in daily meetings with other analysts.
  • Keep abreast of market and industry developments including sell-side research, industry news, and other relevant information.
  • Interface with various internal groups including investment risk, operations, trading, and back office.

The above statement of duties is not intended to be all inclusive and other duties will be assigned from time to time.

Job Requirements:

  • Graduate degree preferred and/or working towards CFA or similar designation.
  • 3+ years commercial real estate finance experience, preferably in CMBS.
  • Strong knowledge of commercial real estate industry.
  • Ability to clearly communicate in a range of methods (written, verbal, formal presentation).
  • Demonstrated knowledge of Bloomberg and other investment management systems as well as MS Office suite (or similar). Knowledge of CMBS analytical software (such as Trepp or Intex) preferred.
  • Ability to travel up to 10% of time.

#LI-LT

#LI-Remote

If you’re ready to help make a difference, apply today. Please provide your Work Experience and Education or attach a copy of your resume.  Applications received without this information may be removed from consideration.

Compensation may vary based on the job level, your geographic work location, position incentive plan and exemption status.

Base Salary Range:

$99,800.00 – $172,100.00

At TruStageTM, we believe a sound, inclusive benefits program is of vital importance, along with a flexible workplace that allows for work-life balance, career growth and retirement assistance. In addition to your base pay, your position may be eligible for an annual incentive (bonus) plan.  Additional benefits available to eligible employees include medical, dental, vision, employee assistance program, life insurance, disability plans, parental leave, paid time off, 401k, and tuition reimbursement, just to name a few. Beyond pay and benefits, we also recognize that flexibility, including working in a place you prefer, is essential to caring for our employees.  We will continue to strive to offer flexibility and invest in technology and other tools that will make hybrid working normal rather than an exception, so that when “life happens,” you can focus on what’s most important.

Accommodation request

TruStage is a place where everyone can bring their best self and thrive. If you need application or interview process accommodations, please contact the accessibility department.