PPM America, Inc. · 17 hours ago
VP, Structured Finance, MBS, Research & Portfolio Management
Chicago, IL
Full-time
Onsite
Senior Level, Lead/Staff
$145K/yr - $175K/yr
8+ years expPPM America, Inc. is a US-based institutional asset manager established in Chicago. The VP of Structured Finance, MBS, Research & Portfolio Management is responsible for analyzing MBS investment opportunities, managing agency MBS portfolios, and providing expertise on non-agency RMBS opportunities while maintaining strong relationships with investment banks and other stakeholders.
Financial Services
Responsibilities
Analyzes and recommends MBS investment opportunities to various portfolio mandates, conveying rich and/or cheap themes
Responsible for daily analysis and portfolio management of agency MBS, and identifies and recommends portfolio positioning adjustments across coupons and product types
Provides strong coverage of non-agency RMBS opportunities, performing timely credit reviews of investment opportunities and disseminating relevant portfolio recommendations
With emphasis on the non-QM sector within the non-agency RMBS market, provides expertise on the various loan types and their unique characteristics
Monitors the non-agency RMBS portfolio, including ongoing review of collateral performance, credit enhancement, quality of servicers, prepayments, and produce scenarios applying various economic outcomes
Closely follows research and analytics from prominent sell-side fixed-income research teams, to enhance internal credit and portfolio functions based on knowledge gained
Tracks mortgage, housing, and consumer credit trends that impact the fundamentals of the MBS investable universe
Maintains relationships with investment banks, rating agencies, issuers and servicers, and performs recurring diligence as needed
Performs other duties and/or projects as assigned
Qualification
Required
Bachelor's Degree, preferably in Finance, Accounting, Economics, Mathematics, or a related field, required
8+ years of experience in fixed income required
Strong analytical skills required
Strong communication skills, with ability to articulate recommendations in written and verbal form
Excellent interpersonal skills
Ability to handle multiple assignments and work independently within deadlines
Excellent Microsoft Office skills, with advanced working knowledge of Excel
Preferred
Specific structured finance and/or MBS knowledge strongly preferred
Knowledge of Intex modeling preferred
Master's Degree preferred
Chartered Financial Analyst (CFA) preferred
Benefits
Competitive salary and bonus
Medical, dental and vision coverage
$2 for $1 matching on 401k contributions, up to a max matching contribution of 12% of your eligible compensation.
Tuition and professional certification reimbursement
Paid parental leave
Adoption assistance
Holidays and paid time off
Paid time off to volunteer
Company
PPM America, Inc.
PPM America, Inc. (PPM) is a client-focused investment manager.
201-500 employees
Funding
Current Stage
Growth StageLeadership Team
Mary Capasso
Executive Vice President, COO and General Counsel
Matt Elsener
Senior Vice President, Chief Risk Officer
Recent News
2025-11-23
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2025-10-29
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2025-10-09
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