Research Analyst

Role Overview

Soros Fund Management LLC (SFM), the family office founded by George Soros in 1973 with $28 billion in AUM, is hiring a Research Analyst for its Structured Products team, which invests across Agency MBS, Non-Agency MBS, CLOs, and CMBS. The analyst will work directly with portfolio managers to help drive the investment process.

Key Responsibilities

- Run daily portfolio analytics and stress scenarios (rate, spread, and other risk factors), flagging items needing PM attention

- Monitor spreads and relative-value signals across sectors and tranches in real time

- Maintain portfolio positioning, carry, trade activity, and composition, coordinating with risk and operations

- Track the new-issue calendar and maintain pipeline trackers; follow sell-side research and sector calls

- Monitor portfolio holdings for default trends, prepayment behavior, and collateral performance

- Contribute to research projects and develop sector views that can generate investment ideas

- Identify manual workflows and build automated solutions, with an emphasis on AI tools

Qualifications

- 2-4 years direct experience in Agency or Non-Agency MBS, with ability to expand into CLO/CMBS

- Solid grasp of fixed income risk concepts: DV01, convexity, volatility, spread risk

- Working knowledge of Intex, Yield Book, and Bloomberg

- Comfort with portfolio analytics, risk scenarios, and large data sets

- Programming experience in Python is a plus

Compensation & Location

Base salary of $150,000-$175,000, plus a discretionary year-end bonus. Based in SFM's New York City office.