Hybrid Agency MBS Trade Allocator VP

Mizuho; Woodbridge Township (NJ); Hybrid; USD 82,000 - 135,000; Full time

Benefits offered by this job

Hybrid working program

Discretionary bonus

Job summary

Mizuho Americas seeks a Trade Assignments Specialist / Allocator in the Fixed Income Middle Office to ensure accurate MBSCC trade allocations from trade date through settlement. This role partners with Trading, Sales and Settlements to manage matching, affirmations, and exceptions while adhering to market cutoffs and internal controls.

Ideal candidates will have 3–7+ years of Agency MBS middle office or trade support experience, deep knowledge of the MBS lifecycle, and strong Excel skills to

Qualifications

• 3–7+ years of experience in Agency MBS middle office, trade support, allocations, or related operations.
• Strong understanding of the MBS trade lifecycle, including TBA settlement conventions and pool assignment processes.
• Hands-on DTCC MBSCC trade assignments and processing (matching/affirmation, netting/obligations, and exception queues).
• Advanced Excel skills and strong attention to detail.

Responsibilities

• Manage and process MBSCC trade assignments for Agency MBS TBA trades, ensuring timely submission and accurate details.
• Monitor DTCC MBSCC for trade matching/affirmation; resolve unmatched items efficiently.
• Allocate Agency MBS TBA trades to accounts/strategies and monitor pool positions.
• Provide trader support including trade entry and capture; confirm trade economics and identifiers.
• Coordinate with Trading and Settlements to respond to trade queries and resolve issues.
• Support netting procedures across MBSCC settlement cycle; resolve exceptions impacting settlement.

Skills

MBS middle office

Trade allocations

DTCC MBSCC

Excel proficiency

Stakeholder communication

Education

Bachelor’s degree or equivalent

Tools

ION

Bloomberg

MBSE

Impact

Job description

Mizuho Americas seeks a Trade Assignments Specialist / Allocator in the Fixed Income Middle Office to ensure accurate MBSCC trade allocations from trade date through settlement. This role partners with Trading, Sales and Settlements to manage matching, affirmations, and exceptions while adhering to market cutoffs and internal controls.

Ideal candidates will have 3–7+ years of Agency MBS middle office or trade support experience, deep knowledge of the MBS lifecycle, and strong Excel skills to