Corporate Treasury, Mortgages Trader/Portfolio Manager, Vice President, New York

Goldman Sachs; New York (NY); On-site; USD 130,000 - 260,000; Full time

Benefits offered by this job

Discretionary bonus

Competitive benefits and wellness offerings

Job summary

Goldman Sachs is seeking a Vice President for its Corporate Treasury – Mortgages Trader/Portfolio Manager team in New York. The ideal candidate will contribute to the firm’s MBS portfolio management and have a strong background in trading, along with analytical, quantitative skills.

With 5+ years of experience and a Bachelor’s degree, you will be responsible for risk management and trade execution. The expected salary ranges from $130,000 to $260,000, complemented by a potential discretionary bonus.

Qualifications

• 5+ years of experience in MBS trading or investing.
• Strong understanding of economic, fiscal, and monetary policies.
• Comfortable building models and managing large data sets.

Responsibilities

• Identify and execute Agency MBS trades.
• Perform scenario analysis to enhance NII.
• Risk management of the existing portfolio.

Skills

Trading and investing experience in MBS

Analytical and problem-solving skills

Quantitative skills

Understanding of economic policy

Education

Bachelor's Degree

Tools

Excel

PowerPoint

Python

Job description

Corporate Treasury – Mortgages Trader/Portfolio Manager – Vice President - New York

We’re a team within an evolving function in Corporate Treasury responsible for managing the firm’s structural interest rate risk and the firm’s evolving HQLA portfolio. We take a bird’s eye view on asset and liability management and liquidity across GS and position the firm in a way that meets our long term objectives.

The division is ideal for collaborative individuals who have strong quantitative analysis skills and risk management capabilities since Treasury actively manages the firm’s financial resources which are constantly changing due to business activity, markets, risk appetite, regulations and other factors.

RESPONSIBILITIES AND QUALIFICATIONS

Corporate Treasury is looking for a Vice President to join its Portfolio Management Trading team in New York to focus on the firm’s MBS portfolio. The desk works closely with other parts of Corporate Treasury and Global Markets Division trading/structuring desks. We are primarily working with US Treasuries, Mortgage-Backed Securities, interest rate swaps, basis swaps, futures, repos, and other macro products. The team works out of the New York, London and Hong Kong offices.

RESPONSIBILITIES

• Identify and execute Agency MBS trades, with a focus on relative value within the mortgages space as well as across asset classes
• Analysis on cash flows and strong ability to conduct scenario analysis, with a focus on enhancing NII
• Identify opportunities in Ginnie Mae and conventional passthroughs, Agency CMBS, Agency CMOs, and other products
• Contribution to macro trade ideas in interest rate markets
• Risk management of the existing portfolio and new trade execution and management
• Interpret economic data to help make informed trading decisions
• Trade execution and booking
• Perform historical analysis on market data to help inform trading decisions

QUALIFICATIONS/SKILLS

• Prior trading and/or investing experience in MBS
• 5+ years of experience
• Strong analytical, problem solving and quantitative skills
• Strong understanding of economic, fiscal and monetary policy
• Proficiency in Excel and PowerPoint required
• Python skills are a plus
• Strong quantitative skills with the ability to analyze, evaluate and form independent judgment
• Strong verbal and written communication skills
• Bachelors Degree
• Must be comfortable building models, managing large amounts of data, and analyzing the output

ABOUT GOLDMAN SACHS

At Goldman Sachs, we commit our people, capital and ideas to help our clients, shareholders and the communities we serve to grow. Founded in 1869, we are a leading global investment banking, securities and investment management firm. Headquartered in New York, we maintain offices around the world.

We believe who you are makes you better at what you do. We're committed to fostering and advancing diversity and inclusion in our own workplace and beyond by ensuring every individual within our firm has a number of opportunities to grow professionally and personally, from our training and development opportunities and firmwide networks to benefits, wellness and personal finance offerings and mindfulness programs. Learn more about our culture, benefits, and people at GS.com/careers.

We’re committed to finding reasonable accommodations for candidates with special needs or disabilities during our recruiting process. Learn more: https://www.goldmansachs.com/careers/footer/disability-statement.html

Goldman Sachs is an equal employment/affirmative action employer Female/Minority/Disability/Veteran/Sexual Orientation/Gender Identity

Salary Range

The expected base salary for this New York, New York, United States-based position is $130000-$260000. In addition, you may be eligible for a discretionary bonus if you are an active employee as of fiscal year-end.

Benefits

Goldman Sachs is committed to providing our people with valuable and competitive benefits and wellness offerings, as it is a core part of providing a strong overall employee experience. A summary of these offerings, which are generally available to active, non-temporary, full-time and part-time US employees who work at least 20 hours per week, can be found here.