MBS Trade Support Operations

This role involves providing operational support for mortgage-backed securities (MBS) trading within a fast-paced financial services environment. The successful candidate will ensure efficient trade processing and contribute to the smooth functioning of the trading desk.

Client Details

This opportunity is with a well-established large organization in the financial services sector, known for its expertise in banking and financial services operations. The firm values precision, efficiency, and a commitment to excellence in all aspects of its business.

Description

• Manage trade lifecycle events for mortgage-backed securities (MBS), ensuring accuracy and timeliness.
• Reconcile trades between internal systems and external counterparties to address discrepancies promptly.
• Support the trading desk by providing real-time operational assistance and resolving issues as they arise.
• Coordinate with internal teams, such as risk management and compliance, to maintain regulatory adherence.
• Analyze and escalate operational risks to minimize potential impact on trading activities.
• Contribute to process improvements to enhance the efficiency of trade support operations.
• Maintain documentation and records for audit and reporting purposes.
• Stay updated on industry developments and regulatory changes affecting MBS trading.

MPI does not discriminate on the basis of race, color, religion, sex, sexual orientation, gender identity or expression, national origin, age, disability, veteran status, marital status, or based on an individual's status in any group or class protected by applicable federal, state or local law. MPI encourages applications from minorities, women, the disabled, protected veterans, and all other qualified applicants.

Profile

A successful MBS Trade Support Operations professional should have:

• 5+ years of experience in mortgage-backed securities (MBS) and fixed income is a must.
• TBA allocations a plus
• Knowledge of MBSE Broadridge and Broadridge Impact a plus
• Experience in financial services, particularly within banking or trading environments.
• Proficiency in trade reconciliation tools and operational systems.
• Excellent problem-solving skills with attention to detail and accuracy.
• Strong communication skills to collaborate effectively with internal and external stakeholders.
• An ability to adapt to a fast-paced and dynamic trading environment.

Job Offer

• Competitive salary in the range of $110,000 to $140,000, based on experience.
• Comprehensive benefits package, including health and wellness programs.
• Opportunities for growth and professional development within the financial services industry.
• A collaborative and supportive company culture focused on excellence.
• Convenient location in New York City, offering access to diverse professional and cultural experiences.

If you're ready to bring your expertise in MBS trade support operations to a leading financial services firm, we encourage you to apply today!

MPI does not discriminate on the basis of race, color, religion, sex, sexual orientation, gender identity or expression, national origin, age, disability, veteran status, marital status, or based on an individual's status in any group or class protected by applicable federal, state or local law. MPI encourages applications from minorities, women, the disabled, protected veterans and all other qualified applicants.