RMBS & SRT Analytics Associate — Portfolio Strategy

Kensington Mortgage Company; Greater London; On-site; GBP 65,000 - 95,000; Full time

Job summary

Kensington Mortgage Company is seeking an analytically minded Associate for the Portfolio Strategy, Credit & Analytics team in London. You will analyse, structure and optimise RMBS and SRT transactions, handling large loan-level datasets and building robust financial models.

Work with senior stakeholders to support capital management, risk optimisation and transaction execution in a fast-paced, highly regulated environment.

Qualifications

• Securitisation, structured finance or capital markets experience with loan-level data
• Knowledge of RMBS and/or SRT structures and transaction mechanics
• Strong quantitative and data-driven decision-making skills
• Experience delivering high-quality analysis within tight deadlines
• Awareness of UK mortgage markets and structured credit products

Responsibilities

• Build and maintain analytical tools and models for RMBS and SRT transactions (cashflow models, asset calculators, sensitivity testing)
• Perform collateral analysis using loan-level mortgage data (stratifications, vintage/cohort, arrears, default and prepayment, loss severity)
• Support transaction execution (collateral analysis, rating agency testing, materials, governance, investor reporting)
• Deliver forecasting and cashflow analysis for transaction economics, hedging and reporting
• Provide portfolio performance monitoring and reporting (actual vs forecast)
• Assist model governance (testing, validation, audit-ready docs)
• Drive automation and tooling improvements (scripting, data processing)
• Collaborate with Kensington Mortgages, Barclays, rating agencies, auditors, investors and banks

Skills

Advanced Excel and VBA

SQL

Python

Automation & scripting

Data analysis & modelling

Tools

Excel

VBA

SQL

Python

Job description

Kensington Mortgage Company is seeking an analytically minded Associate for the Portfolio Strategy, Credit & Analytics team in London. You will analyse, structure and optimise RMBS and SRT transactions, handling large loan-level datasets and building robust financial models.

Work with senior stakeholders to support capital management, risk optimisation and transaction execution in a fast-paced, highly regulated environment.