MBS Associate

Northbound Search; New York (NY); On-site; USD 120,000 - 170,000; Full time

Job summary

A prominent alternatives firm in New York is seeking an MBS Associate to manage liquidity requirements and support product lifecycles. The ideal candidate will have 3-7 years of financial services experience and product knowledge in Mortgage-Backed Securities. Responsibilities include managing cash positions and reporting for senior management. This role offers a competitive salary range of $120,000-$170,000 annually.

Qualifications

• 3-7 years of relevant experience in Real Estate, Investment Management, Fund Administration, Investment Banking.
• Product knowledge in Mortgage-Backed Securities, TBAs, Treasuries, Derivatives.
• Strong Excel and Microsoft Office skills.

Responsibilities

• Liaise with the Trading Desk to manage the firm's liquidity requirements.
• Provide support for the lifecycle of products traded including MBS and Treasuries.
• Forecast daily cash positions and provide funding projections.

Skills

MBS experience

Strong technical skills

Strong Excel skills

Microsoft Office skills

Python skills

SQL skills

Education

Bachelor's Degree

Job description

MBS Associate

Our client, a prominent alternatives firm in Midtown, Manhattan is looking for a candidate with MBS experience to join their team.

The ideal candidate will have 3-7 yrs. of financial services experience with strong technical skills.

Responsibilities

• Liaise with the Trading Desk to manage the firm's liquidity requirements
• Provide support for the entire lifecycle all products traded including MBS, Treasuries derivatives, repos, etc.

• Forecast daily cash positions and provide funding projections to business lines and senior management
• Identify and resolve breaks, reconciling the firm's positions across custodians and internal systems
• Manage the firm's daily exposure across product types, review and respond to margin calls

• Assist with the clearing and settlement of Mortgage-Backed Securities and other asset classes
• Produce daily, monthly, and ad-hoc reporting for senior management

Qualifications

• 3-7 years of relevant experience in Real Estate, Investment Management, Fund Administration, Investment Banking, etc.
• Bachelor's Degree required
• Product knowledge in Mortgage-Backed Securities (Agency, Non-Agency, CMOs, IOs, POs, etc.), TBAs, Treasuries, Derivatives (Interest Rate Swaps, swaptions, options, CDS, etc.)
• Strong Excel and Microsoft Office skills
• Python and SQL skills highly desirable but not required.

Qualified candidates will be contacted within two business days of application. If the applicant does not meet the criteria for the position, we will keep your resume on file and may contact you in the future for further discussion.

Compensation: $120,000-$170,000 per year