Agency CMBS Desk Head - Director

Job Description:

Job Title Agency CMBS Desk Head

Corporate Title Director

Location New York, NY

Overview

The CMBS Secondary trading desk is part of Securitized Trading, sitting within the Global Financing & Credit Trading (GF&CT) business unit. The trading desk acts as a market maker in Agency CMBS Bonds to provide liquidity to our clients. If selected, you will hold the position of Agency CMBS Desk Head (Director level). You will partner with the Institutional Client Group (ICG) and Capital Markets to provide liquidity to our clients & support Deutsche Bank’s new issue business.

What We Offer You

• 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

What You’ll Do

• Act as a market maker to provide liquidity to our clients in Agency CMBS Bonds

• Build your franchise in your sector & with clients to capture market share

• Own & manage the market risk exposure of your trading positions

• Leverage the ICG Credit sales team to source liquidity

• Support Capital Markets in distributing new issues

How You’ll Lead

• Responsibility for training junior Traders on the desk

• Building the Deutsche Bank franchise with clients & capturing market share

• Generating trade ideas alongside Sales & Research

Skills You’ll Need

• Previous experience in the Agency CMBS market either on the buy/sell side

• Existing relationships with buy-side clients active in this space

• Strong knowledge of the Agency CMBS industry & ideally experiences trading this sector before

• History of strong risk management and profitable trading

Skills That Will Help You Excel

• Excellent communication skills, both written and spoken

• Self-motivated

• Self-starter

Expectations

It is the Bank’s expectation that employees hired into this role will work in the New York, NY office in accordance with the Bank’s hybrid working model.

Deutsche Bank provides reasonable accommodations to candidates and employees with a substantiated need based on disability and/or religion.

The salary range for this position in New York City is $200K to $485K. Actual salaries may be based on a number of factors including, but not limited to, a candidate’s skill set, experience, education, work location and other qualifications. Posted salary ranges do not include incentive compensation or any other type of renumeration.

Deutsche Bank Values & Diversity

We believe talent is found in all cultures, countries, races, ethnicities, genders, sexual orientations, disabilities, beliefs, generations, backgrounds, and experiences. We pursue a working environment where everyone can be authentic and feel a sense of belonging. Click here to find out more about our diversity and inclusion efforts.

We are an Equal Opportunity Employer - Veterans/Disabled and other protected categories.

Click these links to view the following notices: EEO is the Law poster and supplement; Employee Rights and Responsibilities under the Family and Medical Leave Act; Employee Polygraph Protection Act and Pay Transparency Nondiscrimination Provision

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