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Rmbs Jobs in California (NOW HIRING)

Specialty Finance Senior Engineer

Redwood City, CA · On-site

$127K - $175K/yr

Preferred : • Prior experience at a private credit / specialty finance buy-side firm, or direct exposure to loan-level consumer assets (mortgages, credit cards, ABS/RMBS, whole loans, or specialty ...

Front Office Modeling Associate

El Segundo, CA · On-site

$17 - $20.50/hr

ABS, CLO, CMBS and RMBS) and experience modeling securities using Intex Familiarity in the modeling of residential and commercial mortgages is a plus Solid Excel and SQL skills are a must Knowledge ...

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Showing results 1-20

Rmbs information

See California salary details

$39K

$94.1K

$173.7K

How much do rmbs jobs pay per year?

As of Aug 23, 2026, the average yearly pay for rmbs in California is $94,122.00, according to ZipRecruiter salary data. Most workers in this role earn between $59,200.00 and $119,900.00 per year, depending on experience, location, and employer.

What is an RMBS?

An RMBS (Residential Mortgage-Backed Securities) job typically involves working with mortgage-backed financial products, analyzing loan pools, managing securitization processes, and assessing credit risk. Professionals in this field may work in investment banking, risk management, or financial institutions, focusing on structuring, trading, or evaluating RMBS investments. Their role is crucial in ensuring compliance with regulatory requirements and optimizing portfolio performance in mortgage-backed securities markets.

What are the typical responsibilities of an RMBS?

Professionals in RMBS roles are often responsible for analyzing mortgage loan pools, assessing credit risk, structuring securitization deals, and producing detailed performance and cash flow reports. Day-to-day tasks may also include conducting due diligence on underlying assets, preparing investor presentations, and working closely with legal, compliance, and sales teams. Collaboration with underwriters, rating agencies, and IT specialists is common to ensure accurate structuring and monitoring of RMBS products. This role offers exposure to complex financial instruments and provides a pathway for career advancement into portfolio management, risk oversight, or senior structuring roles.

What are the key skills and qualifications needed to thrive as an RMBS?

To excel in an RMBS (Residential Mortgage-Backed Securities) analyst or structurer role, a strong background in finance, statistics, and securitization is required, usually supported by a degree in finance, economics, or a related quantitative field. Familiarity with financial modeling tools such as Excel, Bloomberg, and specialized mortgage analytics software is essential, and relevant certifications like CFA or FRM can be advantageous. Attention to detail, analytical thinking, and effective communication are crucial soft skills for interpreting complex data and collaborating with stakeholders. These abilities ensure accurate risk assessment, regulatory compliance, and clear reporting, which are vital for the successful management of RMBS portfolios.

Infographic showing various Rmbs job openings in California as of August 2026, with employment types broken down into 99% Full Time, and 1% Contract. Highlights an 88% Physical, 11% Hybrid, and 1% Remote job distribution, with an average salary of $94,122 per year, or $45.3 per hour.

Associate, RMBS Structuring & Advisory

Redding Ridge Asset Management

El Segundo, CA • On-site

Full-time

Re-posted 4 days ago


Job description

About Redding Ridge Asset Management
Redding Ridge Asset Management LLC ("Redding Ridge") was established and seeded by Apollo Global Management, Inc. (together with its subsidiaries, "Apollo") in 2016. Redding Ridge has assets under management of approximately $44.5 billion as of September 30, 2025. Redding Ridge's primary business consists of acting as collateral manager for CLO transactions and related warehouse facilities in both the U.S. and Europe. Redding Ridge also provides structuring and advisory services to issuers across various asset classes.
Redding Ridge's Structuring & Advisory team plays a central role in managing Redding's ~$44 billion of debt across broadly syndicated CLOs and senior unsecured bonds, while serving as the primary structuring partner to Apollo's Private Credit and Asset-Backed Finance initiatives. Redding Ridge's mandate spans Apollo's 16 origination platforms, multiple issuance shelves, and a broad range of strategic partnerships. Since 2020, the team has helped structure and issue over $225 billion of rated debt. Our track record reflects our ability to combine deep structuring expertise across CLOs, ABS, RMBS, Corporate, and Fund Finance to consistently innovate and provide next-generation rated solutions, both public and private. We take a long-term, partnership-oriented view, and our success is a direct result of that approach.
We are continually seeking structuring & execution professionals who want to accelerate their careers working on some of the most innovative and consequential transactions in a meritocratic, collaborative environment. Team members have the opportunity to grow alongside partner platforms and portfolio companies while gaining exposure to new asset classes and rating methodologies, guided by one of the most accomplished structuring teams in the industry.
Primary Responsibilities
The Associate supports Apollo's global RMBS securitization platform across deal execution, analytics, and rating agency engagement, working closely with senior structurers, traders, and Apollo platform companies. The role demands a buyside structurer mentality - owning the risk and analytics on every deliverable. This is an opportunity to join a growing team as we scale the origination and issuance platform to the next level.
Deal Execution
  • Support senior structurers across RMBS transactions including agency, jumbo, Non-QM, CES, HELOC, and RPL/NPL
  • Drive execution timelines by tracking deliverables across all transaction parties
  • Partner with Apollo, Athene, and Apollo platform companies, alongside legal counsel, bank partners, and rating agencies, to drive deals from launch through pricing and close
  • Review and provide input on term sheets, PPMs, and offering documents

Analytics & Modeling
  • Build, maintain, and automate Intex and Excel cashflow models for rating agency and internal scenarios, including waterfall mechanics and bond cashflow analytics
  • Perform loan tape analysis: stratifications, data validation, and tape-to-tape diligence on designated collateral
  • Run securitization arbitrage on market pools and maintain the arbitrage blotter
  • Track securitization designated-loan performance, settlement, and diligence status; produce daily pricing runs to inform market risk
  • Maintain market color database and transaction comp sheets to inform arbitrage inputs and structural calibration
  • Prepare securitization structure reports for review by traders to inform pricing decisions on a daily basis or ad-hoc
  • Maintain and optimize current pools slated for securitization

Rating Agency & Documentation
  • Run rating agency models to derive collateral assumptions and stress scenarios that inform structural decisions
  • Prepare rating agency presentations and manage agency engagement through close
  • Support documentation review and structural negotiation alongside senior structurers and counsel

Marketing & Process
  • Prepare investor marketing materials, roadshow decks, and pricing supplements
  • Coordinate with banks, syndicate, and trading through pricing and closing
  • Contribute to post-close surveillance and ongoing portfolio analytics

Qualifications and Experience
  • 3+ years of RMBS structuring experience; ideal candidates will have experience working at investment banks, or other RMBS issuers
  • Proficient in Intex (dealmaker and calc) and Excel cash flow modeling, VBA a plus
  • Programming languages as a plus (C# and C++)
  • Familiarity with various mortgage products, how they are modeled and their associated economics
  • Working knowledge of agency methodologies across RMBS
  • Excellent written and verbal communication skills, including ability to present complex information clearly
  • Highly organized with strong time management; proven ability to manage multiple workstreams simultaneously under tight deadlines
  • Thrives in a fast-paced, collaborative environment
  • Intellectually curious, detail-oriented, and receptive to constructive feedback
  • Bachelor's degree in finance, accounting, mathematics or a related field with strong academic credentials

Pay Range
$175,000 - $200,000
The base salary range for this position is listed above and is dependent on individual candidate experience and skills. This position is also eligible for a discretionary annual bonus based on personal, team, and Firm performance. Compensation ranges are based on several factors including job function, level, and geographic location. Final offer amounts are determined by multiple factors including experience and expertise, and may vary from the amounts listed here.
Redding Ridge Asset Management and its affiliates comply with applicable discrimination and equal opportunities legislation in all of its jurisdictions and do not discriminate in employment or recruitment based on race, color, religion, gender, national origin, veteran status, disability, age, citizenship, marital or domestic/civil partnership status, sexual orientation, gender identity or expression or any other protected characteristic under applicable law.