Quant jobs / Man Group

Junior Quant – MBS

A junior researcher role in Man Group's Systematic Securitised Credit team. The hire works with portfolio managers on agency mortgage-backed strategies, owning research rather than only supporting it.

What you’d work on

Our reading of the posting: what a new hire in this role would most likely spend their first months on.

Research trading signals and prepayment models for agency MBS
Do the analytics behind live trading decisions
Scope and onboard new securitised markets
Improve the systematic trading platform for securitised products
Use AI tools to speed up research

What they ask for

Required

Quantitative degree in engineering, maths, physics or computer science
At least a year with agency MBS
Knowledge of TBAs, rolls, pay-ups and prepayment drivers
Applied statistics and clean programming
Clear communication of complex ideas

Preferred

CMO structures (IO, PO, floaters)
Prepayment model calibration
Spreads and durations
Backtesting and portfolio construction

Education: Degree in engineering, maths, physics, computer science or similar
Experience: At least one year working with agency MBS
Languages and tools: Python
Markets: fixed-income

How to prepare

Learn TBA mechanics, pay-ups and prepayment drivers (CPR/SMM)
Build a simple prepayment model from public agency data
Study spreads, OAS and duration for MBS
Practise separating real results from noise in backtests

What to study

The Rates Quant roadmap sets out the stages for this kind of role, with free resources for each.

Open the roadmap

Apply

Read the full posting on Man Group’s site before applying: requirements, location and pay can change after we check them.

View the posting on Man Group’s site ↗

SelfMadeQuant wrote this summary from the employer’s public posting, last checked 6 November 2026. SelfMadeQuant isn’t affiliated with Man Group and doesn’t handle applications.