Sr. Associate - Structured Product

Sr. Associate – Structured Product

IN BRIEF

The Structured Product Associate will be primarily responsible for assisting the portfolio management team in researching individual securities, supporting the portfolio management team, creating and executing trades, and implementing the investment philosophy and process. This position will be responsible for conducting market research and fundamental credit analysis on Agency Mortgage-Backed Securities and / or Asset-Backed Securities as well as working to develop the skills necessary to succeed in fixed income portfolio management.

WHAT YOU’LL DO

Research investment ideas in the structured product space, including ABS and/or MBS.

Conduct fundamental credit analysis and market research, as well as analyzing cashflow.

Contribute investment ideas to the portfolio management team, and the ongoing surveillance of existing holdings.

Assess portfolio risk exposures on a day-to-day and long-term basis, understand benchmark characteristics, and determine trade allocation parameters.

Work with portfolio managers to structure portfolios and provide an independent view of portfolio risk.

Create and execute trades on trading platforms under supervision of portfolio managers.

Maintaining trading relationships with the sell side.

Create and execute trades on various trading platforms.

Possess a strong understanding of firm trading, systems, and technologies.

Provide analytical support for Portfolio Managers, including but not limited to: statistical, performance attribution, ad hoc and other recurring analysis.

Collect and analyze investment performance data in response to client requests.

Escalate risk issues when risk/reward tradeoffs are considered inappropriate.

Responsibilities for each role outlined above are subject to change, and percentage of time allocated to each may vary as position evolves.

WHAT YOU NEED

On day one, we’d expect you to have:

Bachelor’s degree with a strong academic background required.

Inclination to pursue or progress towards the Chartered Financial Analyst (CFA) designation.

2-5 years of fixed income analytical, research or trading experience, with a focus on either Agency Mortgage-Backed Securities, Asset-Backed Securities, Non-Agency Mortgage-Backed Securities or Commercial Mortgage-Backed Securities, or relevant background that lends itself to structured product investing.

Excellent analytical and quantitative skills, with strong attention to detail.

Ability to manage multiple tasks and contribute to a team environment.

APPLICATION INSTRUCTIONS

When submitting your application, please attach:

Resume

If you do not have the relevant work experience needed, please include a cover letter stating your interest in Diamond Hill and the role

WHY JOIN DIAMOND HILL?

Join a group of passionate and intelligent professionals committed to doing the right thing for our clients. We think about our people like we think about investing—we hire for the long term and thoughtfully invest in our people throughout their careers.

A few benefits we provide:

Competitive compensation that rewards our associates’ contributions

Market-leading 401(k) employer match

Substantial equity ownership is granted to all associates during their first year

Comprehensive health insurance eligibility on day one

Dental and vision coverage

Generous paid vacation and sick time

Professional development opportunities

Industry conference attendance

Reimbursement for job-related professional designations and registrations such as the CFA

Attracting and retaining colleagues who embody our core values – curiosity, ownership, trust, respect – enables us to foster an environment of excellence and a client-centric culture. We believe the differentiated perspectives of a diverse team operating in an environment of mutual respect greatly benefits our clients and our colleagues.

Diamond Hill is proud to be an equal opportunity workplace. All employment decisions including recruitment, hiring, compensation, promotion, and discipline are made without regarding to race, color, religion, sex, sexual orientation, gender identity or expression, pregnancy, age, national origin, disability status, genetic information, protected veteran status, or any other characteristic protected by all applicable laws and regulations