Description
We are seeking an experienced Agency CMO Trader/Structurer AVP to join our team at Barclays in New York. The successful candidate will execute trades and manage risk across a defined portfolio of Agency MBS and related financial instruments.
Job Summary As an Agency CMO Trader/Structurer AVP, you will play a critical role in supporting daily market-making and hedging activities while maintaining strong oversight of risk metrics, P&L reporting, and trade accuracy. You will collaborate closely with structurers, sales teams, research, and technology partners to enhance analytics, trading infrastructure, and deal execution.
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 and ensure compliance with regulatory and internal risk management guidelines.
- Collaborate with research analysts and other teams to gather insights and information for trading decisions.
- 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 on work that impacts the whole business function.
- Identify ways to mitigate risk and develop new policies/procedures in support of the control and governance agenda.
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 modelling, research, and technology teams to enhance trading analytics and infrastructure.
- 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 The minimum salary for this role is $125,000 and the maximum salary is $175,000 per year.