JR000475 Associate, Trading - New York, NY
Job Information
ID :
#41269702
# of Positions :
1
Minimum Education Level :
Master's Degree
Experience Required :
3+ years
Salary :
$200000 yearly
Duration :
Full Time Regular
Shift :
First Shift (Day)
Hours per week:
40
Job Description
Morgan Stanley & Co. LLC seeks an Associate, Trading in New York, New York
Facilitate trades and structure existing and new Collateralized Mortgage Obligations. Responsible for pool and Collateralized Mortgage Obligations. Collaborate with clients and sales departments. Trade and bid underlying collateral (Mortgage-Backed Securities). Produce month end commentaries to provide market update for internal and external stakeholders. Quantify relative value of the security by computing Option Adjusted Spread Analysis, Option Adjusted Duration, and Convexity. Monitor current risk of exiting position using Hedge Rations.
Requirements:
Requires a Master’s degree in Economics, Finance, or a related field of study and three (3) years of experience in the position offered or three (3) years as an Associate, Analyst, or a closely related occupation. Requires three (3) years of experience with: Agency Mortgage-Backed Securities (MBS) trading including To-Be-Announced (TBA) securities, Ginnie and Conventional specified Pools, Collateralized Mortgage Obligations -new issue and secondary, and Adjustable Rate Mortgage backed securities; MBS markets including MBS duration, convexity, mortgage prepays, dollar rolls, spread metrics including zero-volatility, option-adjusted spread, Z-spread, and option costs calculation; macroeconomics, game theory microeconomics, and fixed income products including U.S. government bonds and futures; Excel; Intex Dealmaker; Yieldbook; and Bloomberg. Requires certificate: FINRA Series 63.
Qualified Applicants:
To apply, visit us at https://morganstanley.eightfold.ai/careers?source=mscom and enter JR000475 in the search field. No calls please. EOE
Facilitate trades and structure existing and new Collateralized Mortgage Obligations. Responsible for pool and Collateralized Mortgage Obligations. Collaborate with clients and sales departments. Trade and bid underlying collateral (Mortgage-Backed Securities). Produce month end commentaries to provide market update for internal and external stakeholders. Quantify relative value of the security by computing Option Adjusted Spread Analysis, Option Adjusted Duration, and Convexity. Monitor current risk of exiting position using Hedge Rations.
Requirements:
Requires a Master’s degree in Economics, Finance, or a related field of study and three (3) years of experience in the position offered or three (3) years as an Associate, Analyst, or a closely related occupation. Requires three (3) years of experience with: Agency Mortgage-Backed Securities (MBS) trading including To-Be-Announced (TBA) securities, Ginnie and Conventional specified Pools, Collateralized Mortgage Obligations -new issue and secondary, and Adjustable Rate Mortgage backed securities; MBS markets including MBS duration, convexity, mortgage prepays, dollar rolls, spread metrics including zero-volatility, option-adjusted spread, Z-spread, and option costs calculation; macroeconomics, game theory microeconomics, and fixed income products including U.S. government bonds and futures; Excel; Intex Dealmaker; Yieldbook; and Bloomberg. Requires certificate: FINRA Series 63.
Qualified Applicants:
To apply, visit us at https://morganstanley.eightfold.ai/careers?source=mscom and enter JR000475 in the search field. No calls please. EOE
Company Information
Name :
Description :
Global Financial Services
Type :
Direct Employer
Address :
1585 Broadway
New York, NY 10036
New York, NY 10036
Application Information
Online :
Job Posting Entered On :
3/13/2025
Job Posting Expires On :
4/12/2025
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