Mortgage-Backed Securities (Mbs) Trading Assistant - Associate - Vice President

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

• Competitive compensation packages including health and wellbeing benefits, retirement savings plans, parental leave, and family building benefits
• 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
• A diverse and inclusive environment that embraces change, innovation, and collaboration
• Educational resources, matching gift and volunteer programs

What You'll Do

• Utilize systems: Trade gate, Andromeda, Bloomberg, DTE, Autobahn
• Compliance with regulations and internal policies with respect to trade execution and capture
• 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
• 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)
• Publishing Profit & Loss (P&L) and working with clients to resolve queries

Skills You'll Need

• Excellent technical skills: Candidate must be proficient in PC desk-top applications, i.e., Microsoft office suite Excel, Word, BBG, PowerPoint and Access
• Strong, market /regulatory knowledge and appropriate escalation awareness Highly organized with the ability to work in a team atmosphere
• Strong analytical skills: ability to utilize different techniques to resolve problems
• 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
• Bachelor's degree and relevant experience

Skills That Will Help You Excel

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

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 $70,000 to $185,000. 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.