Associate Portfolio Manager/Trader

  • Full-time

Company Description

Recruiters: Please do not contact individuals.  Please review our position on LinkedIn for further instructions.

VWH Capital Management, LP (“VWH”) is an SEC-registered investment advisor and private equity firm with multi-billion dollars in assets under management.  The firm is the winner of the 2023 Private Equity Wire US Emerging Manager Award for Best Performance: Debt.  VWH is a major player in the U.S. distressed residential mortgage loan space and seeks to generate long-term returns in securitized products, distressed credit, and whole loans.  VWH is headquartered in Dallas.  For more information visit www.vwhcapital.com.

Job Description

The VWH Portfolio Management team is seeking an associate portfolio manager/trader to contribute to the continued growth and success of VWH’s residential loan and securities business.  VWH opportunistically invests in U.S. residential whole loans and securities.  The candidate will interact with all teams  such as Transaction Management, Finance, Analytics and Asset Management, in addition to the head of the Firm.

Responsibilities

  • Actively participate in all trading activities related to U.S. residential mortgages and broader securitized products, from bid evaluation, acquisition, disposition, and securitization.
  • Work closely with trading and financing counter parties to evaluate and explore financing options and capital market executions.
  • Collaborating with various teams such as Transaction Management, Finance, Analytics and Asset Management.
  • Work with Analytics team on the infrastructure build-out associated with the portfolio management.
  • Work with whole loan transaction management team to track the due diligence and closing processes.
  • Assist finance team in reconciling and processing monthly whole loan servicer remittance tapes.
  • Assist in day-to-day repo financing for securities and monthly warehouse financing for loans.
  • Compare various financing options including securitized deal execution.
  • Managing daily risk position and portfolio P&L.
  • Optimizing loan portfolios for sale and securitization.
  • Prepare/compile reports for Senior Management review.
  • Other duties as assigned.

Qualifications

  • Bachelor's degree in Engineering (any), Computer Science, Information Technology, Mathematics, or related field and 3-5 years of experience in the job offered or a related occupation.
  • Prior experience with structured products, especially residential mortgages, securities and structuring is strongly preferred.
  • Candidates must have proficiency in Intex and Excel. Programming experience is desired (e.g. SQL, Python, etc.).
  • Applicants should possess excellent communication skills and be organized, detail-oriented, and able to manage competing priorities.
  • Ability to work in Uptown Dallas office.
  • US work authorization is required. The firm will sponsor H1B visa for full-time employees.

Additional Information

VWH offers competitive compensation including base salary and a discretionary performance bonus.  VWH has a compelling benefits package, including medical, dental, and vision insurance, a 401(k) plan, and generous paid time off.

VWH Capital Management, LP is an equal opportunity employer.  Qualified applicants will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other characteristic prohibited by applicable law.