Hybrid MBS Trader: Hedge Desk & Fixed Income Analytics

Optimal Blue; Chevy Chase (MD); Hybrid; USD 60,000 - 70,000; Full time

Benefits offered by this job

Profit sharing bonus

401(k) with company match

Medical, dental, vision

Job summary

Optimal Blue is seeking a junior MBS Trader to join the Hedge Account Management team in Chevy Chase, MD. The role involves supporting risk analytics, executing hedge trades, and developing tools to enhance client profitability.

You will learn to work with mortgage analytics, monitor risk positions, and assist with valuation and reporting while building relationships with brokers, dealers, and servicing firms. Hybrid work arrangement applies.

Qualifications

• Bachelor’s degree or the equivalent combination of education, training, and work experience.
• Requires 0 – 3+ years of fixed income mortgage trading, portfolio, or risk management experience.
• Knowledge of mortgage securities and markets preferred.
• Strong quantitative skills with solid grounding in basic mathematical and statistical concepts.
• Outstanding verbal and written communication skills to technical and non-technical audiences.

Responsibilities

• Support the Hedge Account Management Team as it evaluates, defines, and executes hedge strategies, derivation of risk management analytics and historical data.
• Execute hedge trades on behalf of clients, typically using forward-traded TBA or other market instruments.
• Work directly with Hedge Account Management Team to implement new tools, troubleshoot existing setups, and other ad hoc analysis.
• Heavy emphasis on supporting the overall trade desk with trading TBA and Specified Pool Securities.
• Responsible for assisting with mortgage valuation analytics, report development, testing, and feedback.
• Assist with monitoring risk positions in the mortgage pipeline and/or servicing asset intraday and alert the appropriate account management team of any exceptions to policy limits.

Skills

Fixed income

Trading

Risk management

Quantitative skills

Communication skills

Team collaboration

Education

Bachelor’s degree

Job description

Optimal Blue is seeking a junior MBS Trader to join the Hedge Account Management team in Chevy Chase, MD. The role involves supporting risk analytics, executing hedge trades, and developing tools to enhance client profitability.

You will learn to work with mortgage analytics, monitor risk positions, and assist with valuation and reporting while building relationships with brokers, dealers, and servicing firms. Hybrid work arrangement applies.