Skip to content
Updated How AI-exposed are the skills employers are hiring for? See the data →

From the employer's careers site First seen 5 Nov 2026

Junior Trader – Agency CMO & MBS Desk

Deutsche Bank New York, New York Hybrid entry full-time

Salary

110,000k-125,000k

Apply on Deutsche Bank

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

Nice to have

Ready to apply?

You apply with the employer directly. Their original posting is here: https://db.wd3.myworkdayjobs.com/en-US/DBWebsite/job/New-York-1-Columbus-Circle/Junior-Trader---Agency-CMO---MBS-Desk_R0450003

Apply on Deutsche Bank