Securities Trader – MBS
Full-Time
New York, New York
05/08/2020
Compensation: 150000.-170000. / Annually
Benefit Offered: YES
Our client, a global asset management firm based in New York City, is seeking an experienced Securities Trader who has a strong background in Mortgage Backed Securities.
KEY RESPONSIBILITIES:
- Exceptional contribution to the management of securitized portfolios with particular initial focus on Agency MBS bench-marked portfolios and high grade strategies
- Execution role in Agency MBS
- Primary responsibilities will center on analysis of MBS, with a focus on agency MBS and the Agency MBS index.
- Identify alpha and value opportunities in MBS
- Focus on outperforming the MBS index,
- Understand principles of portfolio and risk management, comparison and forecasting of risk adjusted returns, and relative value analysis
- Perform credit surveillance of existing investments and relevant industry exposures
- Maintain updated cash flows and analytics for existing investments
- Assist in the development of optimal trading strategies
- Analyze and interpret portfolio risk and attribution reports, particularly benchmark performance
- Perform scenario analyses and other portfolio level testing
- Trade entry
KEY QUALIFICATIONS:
- Successful candidate will have 3-5 years trading agency MBS at a broker dealer, or a buyside shop with a proven track record of outperforming the index
- Ability to identify and articulate value in the MBS universe
- Familiarity with systems and prepayment models: Bloomberg CMM and Yield book, Aladdin, Intex
- Deep knowledge of loan analysis and MBS structures
- Experience with loan level data analysis and default and prepayment models
- Ability to articulate complex investment models in a clear and concise manner with internal and external constituents
- Ability to multi-task across analytical, tactical, and research activities in a detail oriented and timely manner
- Strong technical abilities with demonstrated experience learning and navigating complex systems, including databases and analytical models
- Strong commitment to performance, fiduciary responsibility and accuracy of work product
- Advanced Excel and financial modeling skills
- CFA designation preferred or equivalent educational background
Please apply today to be one of the first candidates considered for the role!
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