A Profile of Executive Michael Nierenberg

January 19th, 2019 by admin
0

Michael Nierenberg is the Board Chairman, chief executive officer and President of the real estate investment trust firm known as New Residential Investment Corp. In May of 2016, he was appointed to be the Chairman of the Board. Three years prior in 2013, Michael was named the chief executive officer and President. Prior to becoming the top executive of New Residential, Nierenberg was the top executive and head of global mortgages at Bank of America Merrill Lynch. Michael joined Bank of America in 2008 after leading the global securities division at JP Morgan. He has also been the managing director of an investment bank. During his career, Michael has also held a number of senior leadership positions at firms such as Bear Stearns.

Throughout his career, Michael Nierenberg has held a number of top positions in the mortgage and finance industry. One of the most common positions he held was when he managed the department in charge of global mortgages and financial securities. At this position, he was responsible for managing and overseeing mortgages and other debt financing arrangements. He would work with clients and offices all over the world. While serving at this position, he was able to provide sound leadership as well as direction on how to manage this particular department. With this experience, he was able to move on to other key leadership positions.

Another position that Michael Nierenberg has held was overseeing the department that managed interest rate and foreign exchange trading. This position consisted of managing and overseeing operations pertaining to revenues received through interest payments. It also included overseeing transactions pertaining to trading of foreign currencies. The position would allow Michael to get more experience in key financial operations at investment banks and financial services firms.

One of the most notable positions that Michael Nierenberg has held during his career is as part of the director board. He served at this position when he was still working at Bear Stearns. While he was a part of this group, he would provide leadership and strategy for the firm to reach its various goals. He was also a member of Lehman Brothers and was responsible for helping the firm build its business of providing adjustable rate mortgages.

Learn More: www.newresi.com/contact

Posted in Financial Industry, Investment

Leave a Reply

You must be logged in to post a comment.