MBS Structuring & Modeling Internship

Algovant; New Jersey; On-site; USD 20,000 - 35,000; Full time

Job summary

Algovant is offering a Summer 2025 MBS Structuring & Modeling Internship in New Jersey. This role is ideal for students who have a solid background in finance and structured products and want hands-on experience in financial modeling.

Interns will assist in building cash flow models, conduct simulations, and support documentation processes. Algovant values diversity and encourages individuals from various backgrounds to apply.

Qualifications

• Studying Finance, Financial Engineering, or Economics.
• Understanding of MBS or fixed-income instruments.
• Comfortable with analytical tasks and reviewing model output.

Responsibilities

• Assist in building and maintaining cash flow models for MBS portfolios.
• Conduct scenario-based simulations and interest rate stress tests.
• Support documentation of deal assumptions and tranche design.
• Collaborate with teams to integrate structuring logic into tools.

Skills

Excel modeling

Analytical skills

Python

VBA

Education

Studying Finance, Financial Engineering, or Economics

Tools

Excel

Python

VBA

Job description

MBS Structuring & Modeling Internship – Summer 2025

Join our MBS Structuring team for direct exposure to deal modeling and analytics. Perfect for students with a strong foundation in finance and structured products who are interested in how financial instruments are modeled, structured, and priced.

Who We're Looking For

Algovant is looking for interns with a strong foundation in finance and structured products to join our MBS Structuring team. If you are detail-oriented and interested in how financial instruments are modeled, structured, and priced, this internship offers direct exposure to deal modeling and analytics.

What You'll Do

As an MBS Structuring & Modeling Intern, you will work on sophisticated financial models and deal structures:

• Assist in building and maintaining cash flow models for MBS portfolios
• Conduct scenario-based simulations and interest rate stress tests
• Work with Excel, Python, and/or VBA to automate structuring workflows

Deal Documentation & Integration

• Support documentation of deal assumptions, waterfall logic, and tranche design
• Collaborate with engineering and product teams to integrate structuring logic into internal tools
• Review and validate model output for accuracy and consistency

What's Required

We're looking for candidates who:

• Are studying Finance, Financial Engineering, or Economics
• Understand MBS or fixed-income instruments
• Are comfortable with analytical tasks and reviewing model output

Technical Skills

• Have strong Excel modeling skills and familiarity with structured cash flow logic
• Have basic coding knowledge (e.g., Python or VBA)
• Are detail-oriented with strong analytical capabilities

Who We Are

Algovant is a fintech company developing data infrastructure and analytics tools for the mortgage-backed securities market. Our goal is to make MBS structuring, analysis, and reporting more accurate, scalable, and transparent through intelligent design and automation.

We're at the forefront of transforming how structured finance professionals work with complex financial instruments, bringing modern technology to traditional finance processes.

We're an Equal Opportunity Employer

We value diversity and inclusion, and encourage individuals from all backgrounds to apply.

Ready to Structure the Future?

Join our MBS Structuring team and gain hands-on experience with sophisticated financial modeling. Apply now for our Summer 2025 internship program.