Why Bayview Asset Management: Interviews, Careers, & Portfolio

Bayview Asset Management Overview

Bayview Asset Management (“Bayview”), established in 1993, is an investment management firm specializing in mortgage and consumer credit assets. Its portfolio includes whole loans, asset-backed securities, mortgage servicing rights, mortgage-related equities, and other credit-related investments.

Headquartered in Coral Gables, FL, Bayview operates additional asset management offices in New York, London, Geneva, and Luxembourg, and has loan servicing and origination affiliates across seven U.S. states and Milan, Italy.

As a full-service mortgage investment firm, Bayview offers comprehensive expertise in both distressed and performing mortgages, providing a diverse range of products and services, including highly rated residential and commercial special servicing, along with mortgage investment opportunities.

The firm is led by David Ertel, who serves as Chairman, CEO, and Co-Founder.

Bayview Asset Management AUM

According to the official site of Bayview Asset Management, the firm has approximately $19.0 billion in assets under management as of June 30, 2024.

Bayview Asset Management Interview Process & Questions

While firms can tailor their interview process for each candidate, if you’re interviewing at Bayview Asset Management (or a similar firm), you can generally expect the following:

• Around 4-6 interview rounds
• Initial interviews are often led by junior investment professionals or the HR team, with later rounds conducted by senior members
• The entire process typically spans several weeks, except in cases of “on-cycle” or “on-campus” recruiting

Interviews at Bayview Asset Management usually feature a mix of fit, behavioral, and technical/investing questions.

Check out my Growth Equity Interview Guide if you’re preparing for such interviews.

Why Bayview Asset Management

The question “Why this firm?” is both a frequent and crucial part of most interviews.

If you’ve had the opportunity to network, it’s a great idea to mention anyone from the firm you’ve connected with and the positive impact they’ve had on your perception of the company.

In addition, doing some homework on the firm before your interview is definitely helpful. A valuable way to gain insight is by listening to interviews with its founders or key investors.

To help you get started, here’s a discussion with Armando Lambert, VP Enterprise Optimization at Bayview Asset Management:

Bayview Asset Management Case Study

Candidates are often presented with a case study during interviews, as it allows firms to evaluate both their technical skills and communication abilities. At firms like Bayview Asset Management, case studies typically center around financial modeling and making investment recommendations. For junior positions, there may also be a focus on a cold-calling case study.

To better prepare for case studies, check out my Growth Equity Interview Guide.

Bayview Asset Management Salary & Compensation

According to Glassdoor, you can earn an estimated total pay of $101K if you’re an Analyst. If you’re an Associate, you can make around $144K per year. Figures will vary based on several factors such as education and experience. 

Analyst

Associate

Bayview Asset Management Careers, Jobs, & Internships

To see open roles at Bayview Asset Management, check out our job board which features all open roles for them and other similar firms.

Bayview Asset Management Portfolio & Investments

According to Crunchbase, Bayview Asset Management has made two acquisitions and three investments. Some of their notable deals include Boosted USA and Align Technology.

Notable Transaction: Congressional Bank

On April 15, 2021, Congressional Bancshares, Inc., the parent company of Congressional Bank, completed a significant $345 million private placement of its common stock.

This investment round was led by several prominent firms, including Bayview Asset Management, Centerbridge Partners, Gallatin Point Capital, and funds managed by BlackRock.

As part of the transaction, representatives from each of these firms, along with Donald Kohn, former Vice Chairman of the Federal Reserve Board, will join Congressional’s Board. Wells Fargo Securities acted as the exclusive financial advisor, while Arent Fox LLP provided legal counsel to Congressional.

The investment aims to drive substantial growth in Congressional’s key business segments, such as Healthcare, Lender, and Leveraged Finance, and to enhance the capabilities of Alliance Partners, its asset management business that supports over 260 community banks.

Next Steps

If you’re looking to become an investor at Bayview Asset Management, my Growth Equity Interview Guide can be a game-changer for your preparation.

This self-paced course is tailored to help you break into growth equity, covering everything from case studies to financial modeling and other crucial topics that often come up in interviews. It’s designed to give you the edge you need to land the role you’re after.

Ready to get started? Dive in and start preparing for your interviews today!