Fixed Income Division - Associate/Vice President, Agency MBS CMO/Derivatives Trading
Core
Price, hedge, evaluate, and manage a book of Agency MBS CMOs and derivatives as a market maker, while assessing relative value and executing trade ideas in rates, vol, and mortgages.
Role type
Associate/Vice Principal IC derivatives trader (Agency MBS CMO)
Builds
Liquidity and market-making services for institutional clients in the fixed income market
Domain
Financial services / Fixed Income / Mortgage-Backed Securities
Required skills
quantitative analysis, analytical skills, trade execution, market making, risk management, client relationship management, PnL reporting, cross-functional collaboration
Preferred skills
experience structuring or trading CMOs, knowledge of agency specified pools, derivatives market expertise
Technologies
treasury futures, futures options, swaps, swaptions, mortgage TBAs, TBA options
Responsibilities
Price, hedge, evaluate, manage book, and engage with clients as an MBS CMO/derivatives trader and market maker; Assess relative value across agency specified pool, CMO and derivatives market; Formulate, express and execute trade ideas within rates, vol and mortgages; Interact with diverse client base to provide liquidity as a market maker and build firm relationships; Assist desk with PnL reporting, compiling market color, indications, and weekly commentary; Maintain frequent dialogue with teams internally including IT, strats, sales, trading desks, research, operations, and finance