Research & Origination Associate

New York Life Insurance Co.; New York (NY); Hybrid; USD 75,000 - 107,000; Full time

Job summary

New York Life Investment Management (NYLIM) is seeking an Associate, Research & Origination to provide analytical support on collateral performance, cash flow analysis, and structural evaluation. You will assist in the creation of term sheets and internal/external portfolio and marketing presentations.

You will work across sectors including Consumer Finance, Student Loans, Residential Mortgages, Solar and other assets, collaborating with investment banks, private equity funds, issuers, rating

Qualifications

• Bachelor’s degree preferred; MBA or CFA a plus.
• Experience with structured finance analysis and credit research.
• Cash flow modeling and sensitivity analysis for asset-backed transactions is a plus.
• Strong written and presentation skills.
• Motivated self-starter with collaborative mindset and sound judgment.

Responsibilities

• Provide analytical support on collateral performance, cash flow analysis, structural evaluation, and legal documentation review.
• Support portfolio performance, return and market reporting; assist in term sheets and presentations.
• Support coverage across sectors including Consumer Finance, Student Loans, Residential Mortgages, Solar, Aviation, Rail and other assets.
• Interact with Investment Banks, Private Equity funds, issuers, rating agencies, and internal partners to support ratings and regulatory capital treatment.

Skills

Structured Finance analysis

Credit research

Cash flow modeling

Presentation skills

Team collaboration

Self-starter

Education

Bachelor’s Degree

MBA or CFA

Job description

Location Designation: Hybrid - 4 days per week

About New York Life Investment Management

With over $800 billion in assets under management, NYLIM is a Pensions & Investments' Top 30 Largest Money Manager and one of the largest global asset managers serving institutional, retail and insurance clients. NYLIM brings together the firm’s global investment teams under one unified brand, combining specialized expertise with the strength and stability of New York Life.

Our platform is built on disciplined active management, deep investment capabilities and a long-term partnership approach designed to deliver enduring value across market cycles and help clients navigate the next era of investing.

More powerful, together, we combine the agility of specialized investment teams with the scale and longevity of a leading mutual institution.

Associate, Research & Origination

What You'll Do

• Provide analytical support on collateral performance, cash flow analysis, structural evaluation, and legal documentation review, applying established approaches and guidance from senior team members.
• Support ad hoc portfolio performance, return, and market reporting. In addition, assist in the creation of term sheets as well as internal and external portfolio and marketing presentations.
• Support coverage across sectors including Consumer Finance, Student Loans, Residential Mortgages, Solar, Aviation, Rail and other transportation-related assets, Equipment Finance, Fund Finance, Digital Infrastructure, Whole Business, and other specialty finance sectors.
• Work with senior members of the team and interact with Investment Banks, Private Equity funds, Issuers, rating agencies, and in-house partners to support transaction ratings, accounting, and regulatory capital treatment.

What You'll Bring

• Bachelor’s Degree preferred; MBA or CFA a plus.
• Some Structured Finance analysis experience, with exposure to Private and 144A ABS preferred.
• Experience or demonstrated knowledge in credit research and analysis.
• Strong written and presentation skills.
• Experience with cash flow modeling, scenario and sensitivity analysis for asset-backed transactions is a plus.
• Motivated self-starter with strong collaboration skills, sound judgment, and a positive attitude.

Job Level: LEVELPF2

Pay Transparency

Salary Range: $75,000-$106,500

Overtime eligible: Exempt

Discretionary bonus eligible: Yes

Sales bonus eligible: No

Actual base salary will be determined based on several factors but not limited to individual’s experience, skills, qualifications, and job location. Additionally, employees are eligible for an annual discretionary bonus.

In addition to base salary, employees may also be eligible to participate in an incentive program.

Our Benefits

• We provide a full package of benefits for employees – and have unique offerings for a modern workforce, including leave programs, adoption assistance, and student loan repayment programs. Based on feedback from our employees, we continue to refine and add benefits to our offering, so that you can flourish both inside and outside of work.

Our Commitment to Inclusion

At New York Life, fostering an inclusive workplace is fundamental to who we are and how we serve our communities. We have a longstanding commitment to creating an environment where individuals can contribute their best and succeed together. This foundation is rooted in our core values of humanity and integrity, ensuring that every employee feels valued and supported. By embracing a broad range of perspectives and experiences, we achieve greater success and fulfill our promise of providing financial security and peace of mind to families across all communities.

Recognized as one of Fortune’s World’s Most Admired Companies, New York Life is committed to improving local communities through a culture of employee giving and volunteerism, supported by the Foundation. We're proud that due to our mutuality, we operate in the best interests of our policy owners. To learn more about career opportunities at New York Life, please visit the Careers page of www.NewYorkLife.com.

Job Requisition ID: 95366