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Portfolio Risk Analyst

Full-time

Job Role & Description

This Analyst role on the Bright Meadow Team (“Bright Meadow”) will directly support the Portfolio Strategy Team across various functions including financing, modeling, reporting and other activities related to the Team’s investing activity.

The Bright Meadow Team is a distinct investment team within Mariner with approximately $3.3 billion of assets under management (as of 3/1/2025). Bright Meadow consists of credit, prepayment & structuring specialists who seek to leverage their expertise to generate alpha across the mortgage and consumer securitized product markets spanning a variety of hedge fund, long only, and drawdown strategies.

Key Responsibilities:

Modeling/System Development: assist in continuous build-out and maintenance of various modeling tools and SQL database processes 

  • Build and maintain SQL databases for all repo and liquidity data, including market color

  • Assist with model development and SQL processes for portfolio liquidity, risk management and other investment related activity

  • Maintain related tables in SQL databases and work with technology team to gather, clean and maintain datasets for use across the firm

Funding/Treasury: support execution of repo funding, reporting and liquidity tracking across a large portfolio of structured product securities

  • Integrated role within the existing financing team to support and back-up daily funding activity across strategies

  • Work with Portfolio Strategy and Funding Team to further develop automated tools for tracking and reporting on liquidity and risk

  • Track liquidity levels and maintain related reporting across vehicles

 Responsibilities: perform various functions related specifically to the Bright Meadow Portfolio Strategy Team as well as the broader teams to facilitate activities across Mariner

  • Work with the Bright Meadow Marketing/IR team on regular and bespoke reporting needs

  • Review of NAV and performance on an ongoing basis and periodically with Accounting Department

  • Work closely with the Team’s PMs and Investment Committee to facilitate allocation process

  • Work on other model development and surveillance needs for the Team

  • Liaise with middle-office and accounting departments across strategies

 

Education, Skills, & Experience:

  • Bachelor’s or more advanced degree from accredited four-year university in technical field is preferred

  • 3+ years of relevant work experience

  • Genuine interest in and intellectual curiosity related to financial markets

  • Forward thinking, problem-solving mentality when faced with new tasks and complex problems

  • Strong communication and organization skills

  • Ability to work effectively on time sensitive projects across multiple disciplines

  • Ability to effectively multi-task and work efficiently with a certain level of autonomy

  • Ability and willingness to contribute new ideas and solutions

  • Strong Excel skills with familiarity and experience with a wide array of formulas and functions

  • Strong SQL knowledge to perform queries, debug, and build procedures to help automate existing processes and develop new tools for operational and analytical functions

  • Intermediate VBA knowledge to improve Excel tools as well incorporate SQL processes into Excel

  • Familiarity with MBS, ABS and Structured Product markets preferred along with general understanding of principles of bond math and financial markets

  • Basic accounting knowledge encouraged

 

Compensation

  • Terms of employment: Full-time, non-exempt

  • Location: New York, NY

  • Benefits: Full medical, dental and vision coverage

  • Salary: $150,000 to $250,000, commensurate with experience*

 

* Individual salaries for this role may vary based on various factors including but not limited to, candidate skills and experience. Eligibility to participate in a discretionary annual incentive program is subject to rules governing the program, whereby an award, if any, depends on various factors including but not limited to, individual and organizational performance.

Location

New York, NY

Firm Overview

Mariner Investment Group, LLC (“Mariner”) is an alternative investment management firm with approximately $8.7 billion of assets under management predominantly in fixed income relative value and credit strategies. Founded in 1992, Mariner engages creative, highly skilled professionals who provide unique depth and breadth of investing experience, enabling Mariner to partner with our investors in a wide range of specialized and diversified mandates.

Apply by emailing resume to marinerbrightmeadowir@marinerbmc.com