# Summer Analyst MBA

[Waterfall Asset Management](https://www.jorb.ai/firms/waterfall-asset-management.md) · New York · United States · [Private Market](https://www.jorb.ai/jobs/private-market.md)

Waterfall Asset Management is hiring a Summer Analyst MBA in New York. Posted 2026-09-13; applications close 2026-11-12.

**Apply**: https://waterfallam.applytojob.com/apply/SPND9X7vOg/Summer-Analyst-MBA

Posted 9d ago.

## Role details

## Company Information

Waterfall Asset Management, LLC is an SEC-registered alternative investment manager focused on specialty finance opportunities within asset-backed credit, whole loans, real assets, and private equity. Waterfall was founded in 2005 by Tom Capasse and Jack Ross, two individuals who were early leaders of the ABS industry, and who together have over 60 years of proven ABS/Loan credit analysis, trading, banking, and servicing experience. Waterfall seeks to provide its clients with a compelling risk/return profile that is generally uncorrelated to most traditional investment opportunities. Waterfall is headquartered in New York, with additional offices in London and Dublin. As of December 31, 2025, Waterfall approximately $12.4 billion in assets under management.

## MBA Summer Analyst Program

As an MBA Summer Analyst at Waterfall, you will gain hands-on exposure to the core investment processes of a leading alternative asset manager. This 10-week program is designed to provide MBA candidates with practical transaction experience, advanced financial modeling exposure, and direct interaction with senior investment professionals.

The program begins with a firm-wide orientation and targeted training curriculum tailored to MBA-level candidates, including refresher and advanced instruction in debt cash-flow modeling, bond mathematics, and structured credit. You will build upon your prior academic and professional experience while developing a deeper understanding of specialty finance and credit investing.

Summer Analysts will complete two four-week rotations across different investment strategies, allowing for meaningful contributions to live transactions and investment decisions.

### Opportunities

    
- Two 4-week rotations across the firm’s various investment verticals, including:
        

            
- Private Credit
            
- CRE Loans
            
- CRE Equity
            
- ABS/CMBS/RMBS Trading
            
- Residential Whole Loan Trading
            
- OR HY Corporate Credit Trading
        

    
    
- Work with senior portfolio managers and investment teams on all aspects of the investment process, including conducting due diligence, transaction modeling, underwriting, investment memo creation, and trade or deal execution.
    
- Present an investment opportunity from a list of live, real-time opportunities with a full underwrite to the firm’s Investment Committee (including firm Partners and Managing Partners) as a final project.

## Qualifications and Education Requirements

    
- Currently pursuing an MBA degree with an expected graduation date between December 2027 and June 2028.
    
- Strong academic performance (minimum 3.75 GPA or program equivalent).
    
- Strong analytical and quantitative skills.
    
- Knowledge of finance and capital markets and a demonstrated interest in finance.
    
- Ability to perform in a dynamic, rapidly changing environment.
    
- Strong interpersonal and excellent verbal and written communication skills.
    
- Self-starter with the ability to multi-task and drive projects to completion.
    
- Motivated, passionate, team player that displays future leadership capabilities.
    
- Excellent time management skills with ability to meet deadlines.
    
- Experience with coding languages is preferred but not required.

**Salary Range:** $19,000 plus sign-on bonus

## Applying to this role

This Summer Analyst MBA role at Waterfall Asset Management runs through the firm's own careers portal and expects a CV and cover letter written specifically for the posting, not a portable submission carried across firms. Jorb AI's application agent tailors a CV and cover letter from your background to this posting and tracks the role alongside the rest of your applications.

[Tailor this application](https://www.jorb.ai/signup?ref=job-atom&firm=waterfall-asset-management&job=6ab11ca876bdc149c56c6445)

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Updated: 2026-09-23
Canonical: https://www.jorb.ai/jobs/6ab11ca876bdc149c56c6445