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Quantitative Research Analyst, Mortgages

PIMCO

London, England, United Kingdom Full time July 02, 2026
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Vacancy Description

RESPONSIBILITIES

  • Coverage includes RMBS and broader ABS markets across core and peripheral Europe (UK, Netherlands, Spain, Italy), spanning both liquid and illiquid opportunities

  • Focus on non-agency and complex structures, including mezzanine/equity tranches and legacy dislocated securitized assets

  • Significant exposure to non-performing and re-performing loan (NPL/RPL) securitizations and whole loan portfolios within private structures

  • Emphasis on loan-level and cashflow modelling across illiquid mortgage credit, including collateral analysis, recovery assumptions and structural waterfalls

  • REQUIREMENTS

  • Masters degree or PhD in Mathematics, Physics (non-experimental), Probability/Statistics, Engineering, or (Mathematical) Finance

  • Must have a familiarity with mortgage products, Intex and data analysis or empirical modelling is a strong plus alongside asset-backed structure...

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