Description
We are seeking an experienced Agency CMO Trader/Structurer AVP to join our team at Barclays in New York.
The purpose of this role is to execute trades and manage risk within a defined portfolio of financial instruments, staying informed about market trends and developments to make informed trading decisions.
Key Responsibilities:
- Execute buy and sell orders or price liquidity in various financial instruments while adhering to the bank's trading strategies and risk parameters.
- Monitor and analyse global financial markets, economic indicators, news, and geopolitical events to identify trading opportunities and assess market risks.
- Manage and monitor the risk associated with the trading portfolio, ensuring compliance with regulatory and internal risk management guidelines.
- Collaborate with research analysts and other teams to gather insights and information for trading decisions.
Assistant Vice President Expectations:
- Advise and influence decision making, contribute to policy development, and take responsibility for operational effectiveness.
- Lead a team performing complex tasks, using well-developed professional knowledge and skills to deliver work that impacts the whole business function.
- Set objectives and coach employees in pursuit of those objectives, appraise performance relative to objectives, and determine reward outcomes.
Requirements:
- Expertise in Agency MBS products, including TBA, specified pools, and CMO structures.
- 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.
Preferred Skills:
- 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.
Salary Information:
- Minimum Salary: $125,000
- Maximum Salary: $175,000