PhD Degree Required - Quantitative Analyst/Programmer, Mortgage Trading Desk (RMBS)

Reposted 17 Days Ago
Be an Early Applicant
New York, NY, USA
In-Office
140K-215K Annually
Entry level
Real Estate
The Role
Seeking PhD graduates for Quantitative Analyst/Programmer role on mortgage trading desk; responsibilities include developing analytical tools and modeling for data processing.
Summary Generated by Built In

Founded in 1992, Cerberus is a global leader in alternative investing with approximately $65 billion in assets across complementary credit, private equity, and real estate strategies. We invest across the capital structure where our integrated investment platforms and proprietary operating capabilities create an edge to improve performance and drive long-term value. Our tenured teams have experience working collaboratively across asset classes, sectors, and geographies to seek strong risk-adjusted returns for our investors. For more information about our people and platforms, visit us at www.cerberus.com.

Job Purpose:

Cerberus Capital Management (CCM) is recruiting graduates of PhD programs to join our mortgage trading desk as a Quantitative Analyst/Programmer. You will work directly with trading desk to engineer and optimize data processing, model development, trading processes and interface developments.  You will sit on the trading desk and provide insights to portfolio managers and the broader investment team.

We seek a professional with a PhD degree in a quantitative field such as math/statistics, physics, mechanical/electrical engineering, or operations research.

Responsibilities & Deliverables:

  • Explore and develop analytical tools to analyze large datasets of various asset classes including RMBS and asset-backed securities
  • Work with traders/portfolio managers directly to implement and test various models
  • Partner with other developers/programmers on the team on larger scale projects
  • Participate in real time transaction-oriented projects
  • Participate in various portfolio management projects, such as position and risk management systems

Key Requirements:

  • PhD degree in science and engineering discipline, such as math/statistics, physics, mechanical/electrical engineering, or operations research
  • Strong analytical and math skills
  • Fluent in at least one programming language
  • Experiences working with large data sets: SQL or python a plus

The base salary for this position is expected to be between $140,000.00 and $215,000.00. The base salary offered to the chosen candidate will be commensurate with a candidate’s relevant experience and other qualifications for the position, as determined by the Company in its sole discretion. In addition to base salary, this position is eligible for an annual discretionary bonus, which is often a meaningful portion of the compensation package, and a robust benefits package.

Skills Required

  • PhD degree in science and engineering discipline such as math/statistics, physics, mechanical/electrical engineering, or operations research
  • Strong analytical and math skills
  • Fluent in at least one programming language
  • Experience working with large datasets, SQL or Python preferred

Cerberus Capital Management Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Cerberus Capital Management and has not been reviewed or approved by Cerberus Capital Management.

  • Fair & Transparent Compensation Pay is considered broadly market‑competitive in many finance, tech‑adjacent, and investing roles. Feedback suggests base pay and total packages are generally strong relative to peer roles.
  • Healthcare Strength Health coverage is described as robust, including periods of fully covered medical, dental, and vision along with a wellness stipend. Feedback suggests healthcare has historically been a standout element of the package.
  • Leave & Time Off Breadth Paid time off is characterized as generous and usable. Feedback suggests access to PTO contributes meaningfully to perceived total rewards value.

Cerberus Capital Management Insights

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The Company
HQ: New York, NY
876 Employees
Year Founded: 1992

What We Do

About Cerberus Capital Management, L.P. Founded in 1992, Cerberus is a global leader in alternative investing with approximately $60 billion in assets across complementary credit, private equity, and real estate strategies. We invest across the capital structure where our integrated investment platforms and proprietary operating capabilities create an edge to improve performance and drive long-term value. Our tenured teams have experience working collaboratively across asset classes, sectors, and geographies to seek strong risk-adjusted returns for our investors. About Cerberus Operations and Advisory Company, LLC The proprietary operations affiliate of Cerberus Capital Management, L.P., Cerberus Operations and Advisory Company, LLC (COAC) is one of the largest and most experienced teams of operating executives and functional experts in alternative investing. COAC consists of approximately 110 professionals from a wide spectrum of industries and business disciplines that assist Cerberus by sourcing opportunities, conducting highly informed due diligences, executing acquisitions, and improving the performance of portfolio investments. COAC executives often hold senior leadership and director positions at Cerberus’ portfolio companies, and COAC teams are regularly deployed to provide practical assistance to help drive operational and strategic transformations. About Cerberus Technology Solutions, LLC Cerberus Technology Solutions, LLC (CTS) is an operating company and subsidiary of Cerberus Capital Management focused exclusively on leveraging emerging technology, data, and advanced analytics to drive transformations. CTS employs expert technologists that work closely with Cerberus investment and operating professionals to apply new technologies, realize new sources of revenue and value creation, and accelerate technological transformation and differentiation. For more information about our people and platforms, visit us at www.cerberus.com.

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