State Street - Structured Products Mortgage Analyst

State Street Global Advisors (SSGA) is the asset management business of State Street Corporation, one of the world's leading providers of financial services to institutional investors with over $2.8 trillion in assets under management and a heritage dating back over two centuries. Backed by the strength and stability of the State Street organization, SSGA makes continual investments in asset management and client servicing platforms, resulting in a client-focused, solutions-driven orientation.

- We currently have an opening for a Structured Products Mortgage Analyst located in Bangalore. The role of the FICC Mortgage Analyst is to provide credit research support to the mortgage (US Agency and private label residential mortgage, non-US residential mortgage) investment efforts in SSGA's Fixed Income, Cash & Currency (FICC) department. 

- The Analyst will be part of the [Structured Products Credit Research team] and support the global residential mortgage investment processes for FICC portfolio managers in Boston, Stamford, and London. Quantitative modelling skills, experience in residential mortgage cash flow modelling, and expertise in residential mortgage securitization are necessary for this role.

- Prepayment/cash flow analytics will be utilized to identify mispriced MBS securities and relative value opportunities across all SSGA FICC Active businesses that invest in mortgage products (US and EMEA Active Rates, Active Short Duration, Active Core/Core Plus).

- The Mortgage Analyst should develop extensive quantitative and qualitative expertise in all mortgage products that are relevant to SSGA's FICC business, for example: US Agency MBS, US Agency CMOs, US Agency Credit Risk Transfer (CRT), and US, UK, Australian and EUR Private Label RMBS.

- In addition, mortgage cash flow and fundamental credit analytics will be utilized to identify RMBS securities that are suitable for Global Cash, Enhanced Cash/Short Duration, credit funds (UK, EUR, and Australian RMBS)

- The Analyst should be proficient in Intex in order to utilize Agency MBS, Agency CMO, Agency CRT, and private RMBS securities libraries for quantitative modeling exercises.

- Qualitative expertise is also necessary to support global mortgage investment practices, and will include analysis related to US GSE reforms, and the evolution of mortgage regulations in all relevant global jurisdictions.