Trader
Core
Identify, monitor, and manage market risk and capital for Agency and Non-Agency Backed products, including MBS and ABS, while designing hedging strategies and optimizing risk-weighted assets.
Role type
Senior Market Risk Trader
Builds
Risk management frameworks, hedging strategies, and regulatory capital deliverables
Domain
Financial Services / Fixed Income / Mortgage-Backed Securities (MBS) / Asset-Backed Securities (ABS)
Required skills
Mortgage-backed securities (TBAs, CMOs, IO/IIO), Non-Agency securities (ABS, CMBS, RMBS, CLO), Financial Engineering, Statistics for market data analysis, Stress testing scenario design, Python, SQL, VBA, Bloomberg, Intex, Basel Capital Rules, CCAR, VaR, RWA
Technologies
Python, SQL, VBA, Bloomberg, Intex
Responsibilities
Monitor market risk and capital for trading inventory; Design hedging strategies; Analyze market trends to form relative value views; Automate manual processes using Python; Collaborate with risk and finance teams on regulatory capital deliverables; Represent business in regulatory and audit meetings; Size risk limits and monitor utilization.
Seniority
Senior, hands-on IC
