Quantitative Summer Analyst 2025 at Balbec Capital LP – New York, New York

Balbec Capital is an SEC-registered alternative investment firm. Since our founding in 2010, Balbec has deployed over $20.9bn globally, and aims to deliver consistent, risk-adjusted returns for investors and long-term partners. A pioneer investor in financial assets subject to bankruptcy proceedings or other forms of distress, Balbec Capital has grown and diversified our platform over the past decade by developing strategies in residential and commercial mortgage loans across all stages of performance as well as select consumer credit and alternative credit assets where our team has a competitive advantage due to our global footprint and counterparty relationships. Our team has invested in over 20 countries across Geo-Assets, selectively deploying capital into opportunities across geographies and asset types that we believe have attractive risk/reward profiles with upside potential and strong downside protection.

The Quantitative Summer Analyst will be part of the Engineering team in New York City and will help take the firms mortgage analytics platform to the next level. The candidate will work in close collaboration with a team of full stack developers and quantitative researchers on building cutting edge data models and vital internal infrastructure in a scalable, efficient, and easily maintainable manner. A successful candidate is expected to be a self-driven problem solver who can quickly grasp the core of a problem / think outside of the box to come up with permanent solutions / quickly research and learn suitable technology.

Throughout the summer, interns will have the opportunity to attend presentations by senior management spanning firm history, product strategies, and asset management operations. Interns will also participate in advanced Excel training sessions and an investment case study where they will present findings and recommendations to senior leadership at the firm.

Balbec Capital LP is committed to ensuring equal employment opportunities for all employees, including qualified employment applicants. The firm strives to maintain an environment free of discrimination based on race, color, religion, gender, national origin, ancestry, age, disability, genetic information, military or veteran status, marital status, sexual orientation, gender identity, citizenship, or any other protected category or characteristics as defined by federal, state or local laws. This equal employment opportunity policy applies to all employment practices, including but not limited to recruiting, hiring, advertising, promotion, transfer, reductions in force, social and recreational programs, training, employee development, compensation and fringe benefits, discipline and termination.