Vice President, Risk Management

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Company: Bridge Investment Group
Location: New York, NY

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Company Info

Bridge Investment Group is a leading privately held real estate investment and property management firm with over $16 billion in assets under management. Bridge pursues investment opportunities in targeted real estate sectors that offer attractive returns including current income and capital appreciation. Its real estate activities encompass the acquisition, financing, property management, optimization and disposition of real assets and real estate-backed fixed income securities. The Company operates in five targeted verticals; multifamily, office, seniors housing, opportunity zone investments and real estate-backed fixed income and has specialized investment teams focused on each of these areas to generate above-market returns for its investors.

Bridge Culture

Bridge is well-regarded for its high integrity and collaborative leadership culture that rewards both individual thinking and team decision-making. Our leadership are seasoned professionals who bring their vast experience and high standards of excellence to their work.

Given our horizontal scope and vertical integration, Bridge professionals are empowered to work across functional teams. As a result, they are deeply specialized and highly versatile with a clear understanding of how their roles fit into a broader context.

Our leaders’ value career development and take seriously the role they play in developing next generation leaders. Bridge professionals embody accountability and seek to deliver high-quality results through creativity and innovation.

The Agency MBS Fund Manager is the new investment vertical at Bridge Investment Group that will manage the mortgage backed securities portfolio. The team will lead all aspects of portfolio management including portfolio construction, trading, risk management, coordinating fund operations as well as supporting capital raising. The position will report to the Chief Investment Officer.

As Vice President, Risk Management & Analysis in our New York office you will be responsible for maintaining portfolio positions, measurement of risk associated with those positions, P&L attribution, tracking of relative value in the market as well as supporting strategy formulation. You will also be responsible for maintaining key internal relationships and coordinate various activities including, but not limited to, middle and back office operations, treasury operations, fund accounting, investor services, and legal.

Department Info

Expectations for the role:

  • Ownership of portfolio position and daily risk management reports. Analyze and explain changes in daily risk position.
  • Track returns and perform attribution analysis.
  • Monitor mortgage market and undertake analyses to support investment decisions and security selection. Maintain MBS relative value framework. Undertake ad-hoc market analysis as needed.
  • Coordinate with middle office, back office, fund accounting, tax, investor relations and other departments as required.
  • Update investor presentations and communication on a periodic basis.

Qualifications

Qualifications and Competencies

  • 6+ years of experience in MBS portfolio risk measurement and management.
  • Strong understanding of risk measurement including analysis of yield curve risk, option-adjusted risk analytics, prepayment analysis and relative value analysis. Understanding of ALM framework for levered portfolio preferred.
  • Strong understanding and experience in P&L attribution viewed favorably.
  • Ability to work with large datasets and undertake complex analysis.
  • Excellent oral and written communication skills and attention to detail.
  • Excellent Microsoft Office skills required. Some familiarity with Bloomberg and YieldBook preferred.
  • Strong academic performance and achievement with an undergraduate degree required. Graduate degree preferred, but not required.