Agency MBS Portfolio Manager | Fixed Income Strategist

JPMorgan Chase & Co.; New York (NY); On-site; USD 120,000 - 190,000; Full time

Job summary

JPMorgan Chase & Co. in New York, NY, is seeking a junior portfolio manager to join the TCIO Investment Portfolio Agency Mortgage-Backed Securities Team within the firm's Treasury and Chief Investment Office.

The role involves researching, executing trades, and monitoring markets to maximize risk-adjusted returns on Agency MBS investments. You will work with colleagues across Fixed Income, Risk, and Finance to inform positioning, manage liquidity, and support strategy discussions.

Qualifications

• 3+ years of relevant fixed income experience.
• Strong understanding of interest rates and fixed income markets.
• Strong quantitative and data analysis skills.
• Self-starter with ability to continually drive results even under uncertainty.
• Excellent communication skills; ability to simply convey complex ideas.
• Team-oriented, collaborative mindset; ability to engage in and promote healthy discussion about markets and potential investments.

Responsibilities

• Conduct data-driven, relative-value analysis to generate trade ideas and inform the portfolio's MBS exposure.
• Execute trades and build relationships with sell-side counterparties.
• Analyze trends in supply/demand, prepayments, housing and macro environment to inform positioning.
• Improve desk processes and analytics.
• Prepare and deliver market updates for the TCIO Investment Portfolio team and senior management.
• Collaborate with Middle Office, Risk, Finance, and TCIO Strategy.

Skills

Fixed income experience

Quantitative analysis

Communication skills

Team player

Interest rates

Tools

Python

Job description

JPMorgan Chase & Co. in New York, NY, is seeking a junior portfolio manager to join the TCIO Investment Portfolio Agency Mortgage-Backed Securities Team within the firm's Treasury and Chief Investment Office.

The role involves researching, executing trades, and monitoring markets to maximize risk-adjusted returns on Agency MBS investments. You will work with colleagues across Fixed Income, Risk, and Finance to inform positioning, manage liquidity, and support strategy discussions.