CIB Agency CMBS Associate
Core
Front-office Associate supporting trading, risk management, and client activities for the Agency CMBS desk, partnering with senior traders to price, execute, and analyze securities.
Role type
Front-office Associate (Agency CMBS)
Builds
Agency CMBS and related securitized products in primary and secondary markets
Domain
Financial Services / Mortgage-Backed Securities
Deliverable
production ML models | product features | dashboards & analysis | client delivery
Required skills
Agency CMBS trading, securitized products pricing, relative-value analysis, cash-flow modeling, risk monitoring, hedging strategies, market data analysis, trade execution, position management, Excel modeling
Preferred skills
Freddie Mac/Fannie Mae/Ginnie Mae product knowledge, Bloomberg/Intex/Yield Book proficiency, Python/SQL/VBA automation
Technologies
Excel, Bloomberg, Intex, Yield Book, Python, SQL, VBA
Responsibilities
Support trading and market-making in Agency CMBS; Price securities and respond to client inquiries; Develop relative-value views using spread and cash-flow analysis; Monitor positions, inventory, P&L, and market risk; Assist in executing hedging strategies; Partner with Sales to provide market color and client ideas; Track new issuance and market trends; Maintain accurate trade bookings and resolve settlement issues; Build analytical models and dashboards.
Seniority
Associate, entry-to-mid level IC
