Structured Credit Analyst-Residential Mortgage-Backed Securities; RMBS

Structured Credit Analyst-Residential Mortgage-Backed Securities (RMBS)

Weitz Investment Management is seeking a mid-level Structured Credit Analyst to join our Fixed Income and Structured Products team, with a specialized focus on Residential Mortgage-Backed Securities (RMBS).

The individual will participate in the process of sourcing, evaluating, and modeling fixed income investment opportunities for the firm’s fixed income strategies, to include both legacy and new issue RMBS (non-agency, CRT, re-performing/NPLs, Non-QM, and esoteric structures.

Essential Functions

• Perform rigorous bottom-up fundamental and structural analysis on a wide range of RMBS products.
• Analyze deal structure, waterfall, triggers, and prepayment behavior.
• Evaluate servicer and collateral performance; monitor key risk metrics.
• Provide research and investment write-ups on RMBS opportunities.
• Develop and maintain surveillance tools and relative value dashboards.
• Support portfolio managers in security selection, allocation strategy, and monitoring of existing holdings.
• Build and maintain cash flow scenarios, run sensitivity analysis, and stress test outcomes under varying macroeconomic conditions.

About Weitz Investment Management

Founded by value investor Wally Weitz in 1983, Weitz Investment Management is a boutique, employee-owned asset management firm headquartered in Omaha, Nebraska.

Requirements

• 3-5 years of experience in structured finance, preferably with a focus on RMBS sectors.
• Hands-on experience analyzing non-agency RMBS deals across legacy, Non-QM, and CRT subsectors.
• A passion for investing, high degree of curiosity, and drive for continuous improvement.
• A desire to work in a collaborative team-oriented environment.
• Strong understanding and ability to work in Microsoft Excel, and Bloomberg.

Weitz Investment Management offers a hybrid work environment (2-days remote/3-days onsite) and competitive compensation and benefits.