VP, MBS Trader & Portfolio Manager – New York

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

Job summary

Goldman Sachs seeks a Vice President to join Corporate Treasury's Mortgages Trading portfolio in New York. You will focus on managing the firm’s MBS portfolio, execute relative value trades and contribute to strategy for NII optimization, liquidity, and risk management.

The role requires strong quantitative skills, 5+ years of trading experience in MBS, and proficiency in Excel/PowerPoint; Python is a plus.

Qualifications

• 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.
• Must be comfortable building models, managing large amounts of data, and analyzing the output.

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

Skills

MBS trading experience

Analytical skills

Quantitative skills

Communication skills

Excel

PowerPoint

Python

Model building

Tools

Excel

PowerPoint

Python

Job description

Goldman Sachs seeks a Vice President to join Corporate Treasury's Mortgages Trading portfolio in New York. You will focus on managing the firm’s MBS portfolio, execute relative value trades and contribute to strategy for NII optimization, liquidity, and risk management.

The role requires strong quantitative skills, 5+ years of trading experience in MBS, and proficiency in Excel/PowerPoint; Python is a plus.