Mortgage-Backed Securities (MBS) Trading Assistant - Associate – Vice President

Job Description:

Job Title Mortgage-Backed Securities (MBS) Trading Assistant

Corporate Title Associate – Vice President

(ALL ROLES TO BE CONSIDERED)

Location New York, NY

Overview

The Agency Mortgage-Backed Securities (MBS) Trading desk is looking for an analytical and driven professional to join the team as a trading assistant. This is an exciting opportunity to join an expanding desk of senior traders who are looking to expand the Business. You will be monitoring electronic trade flows and ensuring accurate trade capture of voice executed transactions. You will need to possess the ability to communicate with the trading desk on daily basis to ensure proper trade bookings are accurate and trade flow is complete.

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

• Compliance with regulations and internal policies with respect to trade execution and capture

• Publishing Profit & Loss (P&L) and working with clients to resolve queries

• Monitor trades to ensure that trading and sales trades match on economics. Monitor Trade Checkout Screen to confirm all manual written trades and unconfirmed broker trades are booked properly

• Monitoring of Trade Reporting and Compliance Engine (TRACE) and static data maintenance in front end systems to be compliant with Financial Industry Regulatory Authority (FINRA)

• Maintain team’s procedures / Business Continuity Management document. Provide various metrics and Management Information System (MIS) on a daily/weekly basis. Daily input of commentary for control standards

• Utilize systems: Trade gate, Andromeda, Bloomberg, DTE, Autobahn

Skills You’ll Need

• Bachelor’s degree and relevant experience

• Strong, market /regulatory knowledge and appropriate escalation awareness Highly organized with the ability to work in a team atmosphere

• Candidate must be able to work in a high-pressure environment as a significant portion of the transactions are processed in real time, on-line with critical deadlines

• Strong analytical skills: ability to utilize different techniques to resolve problems

• Excellent technical skills: Candidate must be proficient in PC desk-top applications, i.e., Microsoft office suite Excel, Word, BBG, PowerPoint and Access

Skills That Will Help You Excel

• Highly organized with the ability to work in a team atmosphere

• Candidate must have excellent communication/oral skills and interact well with other team members; i.e., Clients, Sales, Trading, Ops, Bookrunners, Information Technology (IT) counterparts in other back/middle office ops teams, Legal, Compliance, Business managers, et cetera

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 $85,000 to $140,000. 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