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Man Group

Manages investments across public and private markets

Junior Quantitative Researcher - Mortgage-Backed Securities

Quantitative ResearchConfirmed live in the last 24 hours
Full-timeIn-person

About the Job

Requirements

  • A degree in a quantitative discipline, such as engineering, mathematics, physics, or computer science.
  • At least one year of experience working with agency mortgage-backed securities, on a buy-side desk, at a dealer, or at an analytics vendor.
  • Understanding of Agency MBS concepts, including TBA, rolls, pay-ups, collateral attributes, prepayment behavior, and its drivers.
  • Strong applied statistics and programming ability, including judgment to distinguish real results from noise and the discipline to write code that others can read, test, and build on.
  • Ability to discuss and present complex ideas in an intuitive, easy-to-follow way.

Responsibilities

  • Help senior portfolio managers and researchers find new and profitable trading strategies and alphas.
  • Research, scope, and onboard new securitized markets and sectors.
  • Improve the systematic trading platform for securitized products, following markets and research.
  • Conduct novel research on trading signals, prepayment modeling, pricing, and hedging.
  • Use AI tools across these responsibilities to make research and trading more efficient and impactful.

Desired Qualifications

  • Understanding of CMO structures, including IO, PO, and Floater.
  • Understanding of GSE program types.
  • Experience with prepayment model calibration or validation.
  • Understanding of various spreads and durations.
  • Experience with systematic back-testing and portfolio construction.

About the Company

Man Group

Manages investments across public and private markets

Man Group manages investments for institutions, financial advisers and individual investors across public and private markets. Its Man AHL and Man Numeric businesses use computer models to select and trade investments, while other teams analyse companies and markets directly. Clients access strategies covering shares, credit and multiple asset classes through funds or tailored investment portfolios. The group earns management fees based on assets and performance fees when portfolios meet agreed return conditions, with systems supporting research, trading and risk oversight. The business traces its roots to a sugar brokerage founded in 1783 in the City of London.

Company size
1,001-5,000
Company stage
IPO
Headquarters
London, United Kingdom
Founded
1783

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