Michael Nirenberg is a man who holds numerous positions simultaneously in either the same organization or diverse ones. Currently, he is taking up the chairman, president, and chief executive officer roles at New Residential Investment Corp. This entity is a real estate investment firm that was incorporated in 2011. Nierenberg rose to his current position in the organization in 2013.
Michael Nirenberg, who is fifty-six years old, has worked in other major organizations in the investment arena over the years. These different roles have contributed to his current expertise in leadership and investment. He has been Samuel Waxman’s chairman since 1996, which is one of the positions he has held for a long time. This entity is a cancer research center; thus, it counts as part of his contribution to society.
Michael Nierenberg is also known for the role he played in developing the Fortress Investment Group, as he was a managing director at some point. Nierenberg has also been in the banking sector, as he once held a leadership position at Bank of America. His duties included heading securitized products. He was also in charge of global mortgages in the same organization. Precisely, he monitored or oversaw all activities in sales and trade. Before being part of the Bank of America team in 2008, Nierenberg’s employer was JP Morgan. In this investment bank, he not only headed the global securitized products, but he also gained a member’s seat in the management committee.
Michael Nierenberg spent a significant part of his career at Bear Stearns where he developed his expertise by taking up various leadership roles. At one point during the fourteen years he was in this organization, he headed the operations of forex trading and interest rates. Nierenberg also shared leadership roles in the mortgage-backed securities as well as structured products units. He was also part of the company’s Board of Directors between 2006 and 2008. During his time at Lehman Brothers, which was his workplace before joining Bear Stearns, Michael Nierenberg spent seven years developing the company’s adjustable rate mortgage. These achievements show that Michael Nierenberg has the relevant capacity and capability to handle any challenges in the investment sector.
Michael Nierenberg’s: Twitter.