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Execute trades and manage risk across a defined portfolio of Agency MBS and related financial instruments, ensuring alignment with market conditions and firm strategy
Support daily market-making and hedging activities while maintaining strong oversight of risk metrics, P&L reporting, and trade accuracy
Collaborate closely with structurers, sales teams, research, and technology partners to enhance analytics, trading infrastructure, and deal execution
Combine technical expertise in mortgage products with strong analytical skills to identify relative value opportunities and improve risk-adjusted returns
Requirements
Expertise in Agency MBS products, including TBA, specified pools, and CMO structures
An understanding of market-making, hedging strategies, and portfolio risk management
Proficiency in daily P&L preparation, reconciliation, and risk reporting
Ability to conduct prepayment analysis and mortgage relative value assessments
Experience collaborating with modeling, research, and technology teams to enhance trading analytics and infrastructure
Nice to have
Analytical and problem-solving capabilities with attention to detail
Effective communication skills for interfacing with various teams
Ability to manage multiple priorities and execute tasks under time-sensitive conditions
Collaborative mindset with a willingness to partner across functions to drive outcomes
High degree of accountability, integrity, and ownership in support of revenue and business goals