Full-Time

Experienced Analyst/Associate

Capital Markets

Confirmed live in the last 24 hours

Pagaya

Pagaya

501-1,000 employees

AI-driven asset management for institutions

Fintech
AI & Machine Learning
Financial Services

Compensation Overview

$100k - $150kAnnually

Mid

New York, NY, USA

The pay ranges for New York-based hires are commensurate with candidate experience.

Category
Sales & Trading
Finance & Banking
Required Skills
Fixed Income Securities
Excel/Numbers/Sheets
PowerPoint/Keynote/Slides

You match the following Pagaya's candidate preferences

Employers are more likely to interview you if you match these preferences:

Degree
Experience
Requirements
  • 2+ years of experience within the fixed income structured products space at an accounting firm, rating agency, bank, or buy side firm
  • Experience evaluating ABS structures and associated cash flow modeling
  • Excellent written and verbal communication skills
  • Advanced knowledge of Excel and Powerpoint
  • A strong will to learn and desire to be challenged
  • Bachelor’s degree required
Responsibilities
  • Involved in all aspects of the securitization and investment deal flow process, and in all aspects of the transaction life cycle, such as rating agency discussions, investor marketing material preparation, structural analysis and ABS cash flow modeling, and returns analysis
  • Assist in the preparation and evaluation of securitization documents including all legal and structural matters in conjunction with internal and external legal and the trading desk
  • Support all aspects of investor relationship management including communicating the collateral profile of Pagaya ABS transactions and drivers of asset performance, developing marketing materials, due diligence, and supporting analytics
  • Operational management of securitization transactions across consumer ABS
  • Perform ad-hoc collateral analysis of whole loan pools, net loss projections and IRR/risk-return analysis
  • Securitization vendor and partner management (review reports and data, document issues, due diligence)
Desired Qualifications
  • Knowledge of Intex, Intex DealMaker and/or Bloomberg preferred
  • Experience analyzing large data sets preferred
  • Knowledge in SQL and a coding language such as VBA, Python, or Java is a plus
  • Progress towards a CFA or CPA is helpful but not required

Pagaya specializes in managing institutional money through the use of artificial intelligence. The company focuses on the asset management market, particularly in creating asset-backed securities (ABS). Its products work by utilizing advanced machine learning and big data analytics to identify profitable opportunities in complex financial markets. By collaborating with tech-enabled firms, Pagaya enhances its understanding of consumer behavior, which is crucial for credit markets. Unlike its competitors, Pagaya actively manages ABS with AI, offering a distinct advantage to institutional investors. The company's goal is to issue and manage ABS effectively, as evidenced by its achievement of over $1 billion in ABS issuance within a year and a half, while fostering a culture of collaboration and technological advancement.

Company Stage

IPO

Total Funding

$480.7M

Headquarters

New York City, New York

Founded

2016

Growth & Insights
Headcount

6 month growth

-3%

1 year growth

1%

2 year growth

-2%
Simplify Jobs

Simplify's Take

What believers are saying

  • Pagaya raised $1 billion in ABS deals, showing strong capital market demand.
  • Acquisition of Tally's tech enhances Pagaya's embedded finance solutions.
  • Pagaya's strategic Advisory Board aims to accelerate business expansion.

What critics are saying

  • Integration challenges from Tally acquisition may impact strategic goals.
  • Rapid expansion through acquisitions could strain resources and efficiency.
  • Increased competition from AI-driven companies like Rocket Companies threatens market position.

What makes Pagaya unique

  • Pagaya uses AI and big data to manage institutional money effectively.
  • Pagaya Pulse platform offers a scalable performance edge with state-of-the-art algorithms.
  • Pagaya specializes in alternative credit markets, providing unique financial products.

Help us improve and share your feedback! Did you find this helpful?

Benefits

Health Insurance

Paid Vacation

Flexible Work Hours