Junior Trader – MBS/Agency Desk | Hybrid & Growth

Deutsche Bank; New York (NY); Hybrid; USD 110,000 - 125,000; Full time

Benefits offered by this job

Hybrid work model

Generous vacation days

Employee Resource Groups

Health & retirement benefits

Educational resources & volunteering

Job summary

Deutsche Bank in New York, NY is seeking a highly motivated Junior Trader to join our Agency CMO and MBS trading desk. This early career opportunity offers exposure to structured products, fixed-income markets, and trade execution while working with senior traders.

The role focuses on supporting daily desk operations, managing trade lifecycles, risk management, and developing desk tools. The bank promotes hybrid work, comprehensive benefits, and opportunities for growth.

Qualifications

• Bachelor’s degree in mathematics, finance, or related quantitative field.
• Strong academic record with high GPA.
• Familiarity with Python, VBA, and data analysis.

Responsibilities

• Assist with trade booking, position reconciliation, and daily P&L reporting.
• Monitor market data, yield curves, prepayment speeds, and macro indicators.
• Develop and optimize desk tools, databases, and automated workflows.
• Coordinate with middle office, risk, compliance, and technology teams to resolve issues.

Skills

Python

VBA

Quantitative degree

AI tools

Education

Undergraduate degree in mathematics/finance

Tools

Python

Job description

Deutsche Bank in New York, NY is seeking a highly motivated Junior Trader to join our Agency CMO and MBS trading desk. This early career opportunity offers exposure to structured products, fixed-income markets, and trade execution while working with senior traders.

The role focuses on supporting daily desk operations, managing trade lifecycles, risk management, and developing desk tools. The bank promotes hybrid work, comprehensive benefits, and opportunities for growth.