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RMBS Intern 2025

  • Internship
    Full-time
    Summer Internship
  • Business, Operations & Strategy
    Banking & Finance
  • New York
  • Quick Apply

AI generated summary

  • You must be a junior at a top school with strong quantitative skills, excellent communication, attention to detail, familiarity with PowerPoint and Excel, and a proactive, collaborative mindset.
  • You will support portfolio managers with financial modeling, research, trading activities, fundraising materials, and investor communications while coordinating with internal and external stakeholders.

Requirements

  • * College candidate in his/her junior year at a top academic institution
  • * Quantitative and analytical background
  • * Outstanding written and verbal communication skills
  • * Strong attention to detail, especially with writing and editing documents
  • * Familiarity with PowerPoint and Excel
  • * Personal accountability and strong work ethic
  • * Self-starter with a willingness to learn and apply knowledge
  • * Person who can be successful in collaborative, dynamic, and driven work environment

Responsibilities

  • Develop a strong understanding of the platform’s investment strategies and investment approach
  • Support portfolio managers and investment staff with financial modeling, in-depth research and analysis of industry financials, and project diligence
  • Learn how to use and maintain risk infrastructure for existing and new investments
  • Develop understanding of trading strategy for RMBS desk
  • Assist traders and investment staff with closing new deals, liquid trading activity, portfolio financing, and hedging risk
  • Serve as trading liaison with key internal stakeholders including Investment Operations, Accounting, Tax, and Legal
  • Coordinate with external counterparties on behalf of traders
  • Assist in the creation of fundraising materials across a variety of mediums
  • Develop and maintain analytical material related to fundraising efforts
  • Review extensive data and distill into concise and relevant points in a user-friendly format for pitchbooks and other investor deliverables
  • Partner with investment professionals to understand how to best market the platform and various residential strategies
  • Track, coordinate, and respond to investor requests for information as part of the fundraising process

FAQs

What is the duration of the RMBS Internship?

The RMBS Internship is typically a summer position, aimed at placing interns into full-time roles upon completion of their education.

What are the key responsibilities of the intern?

Interns will rotate through various teams, including Portfolio Management, Trading, and Fundraising & Investor Relations, involving tasks such as financial modeling, assisting in trading strategies, and creating fundraising materials.

Is previous experience required to apply for the internship?

No prior experience is required, but candidates should be college juniors with a quantitative and analytical background.

What skills are essential for a successful candidate?

Essential skills include outstanding written and verbal communication, strong attention to detail, familiarity with PowerPoint and Excel, and a self-starter attitude.

What kind of projects will interns work on?

Interns will work on projects related to investment strategies, financial analysis, trading activities, and fundraising efforts, providing direct support to senior leadership.

Will interns receive mentorship during the program?

Yes, interns will have direct access to senior leadership, including portfolio managers and investment principals, providing valuable mentorship and learning opportunities.

What is the expected hourly rate for the RMBS Intern position?

The hourly rate for this position is $25.00, and it may vary based on the candidate's relevant experience and qualifications.

Can interns work full-time after the internship?

Yes, the goal of the internship is to potentially place interns in full-time positions upon the completion of their education and internship experience.

Are there specific academic qualifications needed to apply?

Candidates should be college juniors at a top academic institution.

How does the rotational aspect of the internship work?

The rotational internship allows participants to gain experience across different teams, developing a holistic understanding of the investment platform and its strategies.

A global leader in alternative investing with approximately $60 billion in assets

Finance
Industry
501-1000
Employees
1992
Founded Year

Mission & Purpose

About Cerberus Capital Management, L.P. Founded in 1992, Cerberus is a global leader in alternative investing with approximately $60 billion in assets across complementary credit, private equity, and real estate strategies. We invest across the capital structure where our integrated investment platforms and proprietary operating capabilities create an edge to improve performance and drive long-term value. Our tenured teams have experience working collaboratively across asset classes, sectors, and geographies to seek strong risk-adjusted returns for our investors. About Cerberus Operations and Advisory Company, LLC The proprietary operations affiliate of Cerberus Capital Management, L.P., Cerberus Operations and Advisory Company, LLC (COAC) is one of the largest and most experienced teams of operating executives and functional experts in alternative investing. COAC consists of approximately 110 professionals from a wide spectrum of industries and business disciplines that assist Cerberus by sourcing opportunities, conducting highly informed due diligences, executing acquisitions, and improving the performance of portfolio investments. COAC executives often hold senior leadership and director positions at Cerberus’ portfolio companies, and COAC teams are regularly deployed to provide practical assistance to help drive operational and strategic transformations. About Cerberus Technology Solutions, LLC Cerberus Technology Solutions, LLC (CTS) is an operating company and subsidiary of Cerberus Capital Management focused exclusively on leveraging emerging technology, data, and advanced analytics to drive transformations. CTS employs expert technologists that work closely with Cerberus investment and operating professionals to apply new technologies, realize new sources of revenue and value creation, and accelerate technological transformation and differentiation.