# Junior Trader – Agency CMO & MBS Desk

**Company**: Deutsche Bank
**Location**: New York, New York
**Work arrangement**: hybrid
**Experience**: entry
**Job type**: full-time
**Salary**: 110,000k-125,000k
**Category**: Finance
**Industry**: Finance

**Apply**: https://db.wd3.myworkdayjobs.com/en-US/DBWebsite/job/New-York-1-Columbus-Circle/Junior-Trader---Agency-CMO---MBS-Desk_R0450003?utm_source=yubhub.co&utm_medium=jobs_feed&utm_campaign=apply
**Canonical**: https://yubhub.co/jobs/job_12328bb5-308

## Description

We are seeking a highly motivated and analytical Junior Trader to join our Agency CMO and MBS trading desk. This is an early career opportunity designed for an individual looking to develop a deep understanding of structured products, fixed-income markets, and trade execution.

The candidate will work directly with senior traders and the team to support daily desk operations, manage trade lifecycles, and assist in risk management.

**Responsibilities**

- Assist senior traders with trade booking, position reconciliation, daily P&L reporting, and daily risk reporting

- Monitor market data, yield curves, prepayment speeds, and macroeconomic indicators to identify trading opportunities and risks

- Develop and optimize desk tools, databases, and automated workflows to streamline trading processes

- Liaison with middle office, risk management, compliance, and technology teams to resolve settlement issues and ensure smooth operational flow

**Requirements**

- Recent undergraduate degree with a strong academic performance, including a high GPA with a background in mathematics, finance, or a related quantitative discipline

- Familiar with Python, VBA, and other programming languages

- Proficient work experience within securitized products is ideal

- Proven ability to leverage AI tools to enhance productivity, optimize workflows to solve business problems, while applying critical judgment to ensure responsible and ethical use of data and AI outputs

**What We Offer**

- A diverse and inclusive environment that embraces change, innovation, and collaboration

- A hybrid working model, allowing for in-office / work from home flexibility, generous vacation, personal and volunteer days

- Employee Resource Groups support an inclusive workplace for everyone and promote community engagement

- Competitive compensation packages including health and wellbeing benefits, retirement savings plans, parental leave, and family building benefits

- Educational resources, matching gift, and volunteer programs

## Skills

### Required
- Python
- VBA
- mathematics
- finance
- quantitative discipline

### Nice to have
- securitized products
- AI tools

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Source: [Apply at db.wd3.myworkdayjobs.com](https://db.wd3.myworkdayjobs.com/en-US/DBWebsite/job/New-York-1-Columbus-Circle/Junior-Trader---Agency-CMO---MBS-Desk_R0450003?utm_source=yubhub.co&utm_medium=jobs_feed&utm_campaign=apply)