Deutsche Bank

Mortgage-Backed Securities (MBS) Trading Assistant - Associate – Assistant Vice President


PayCompetitive
LocationNew York/New York
Employment typeFull-Time

This job is now closed

  • Job Description

      Req#: R0272151

      Job Description:

      Job Title Mortgage-Backed Securities (MBS) Trading Assistant

      Corporate Title Associate – Assistant Vice President

      (ALL ROLES TO BE CONSIDERED)

      Location New York, NY

      Overview

      The Agency Mortgage-Backed Securities (MBS) Trading desk is looking for an analytical and driven professional to join the team as a trading assistant. This is an exciting opportunity to join an expanding desk of senior traders who are looking to expand the Business. You will be monitoring electronic trade flows and ensuring accurate trade capture of voice executed transactions. You will need to possess the ability to communicate with the trading desk on daily basis to ensure proper trade bookings are accurate and trade flow is complete.

      What We Offer You

      • A diverse and inclusive environment that embraces change, innovation, and collaboration

      • A hybrid working model, allowing for in-office / work from home flexibility, generous vacation, personal and volunteer days

      • Employee Resource Groups support an inclusive workplace for everyone and promote community engagement

      • Competitive compensation packages including health and wellbeing benefits, retirement savings plans, parental leave, and family building benefits

      • Educational resources, matching gift and volunteer programs

      What You’ll Do

      • Compliance with regulations and internal policies with respect to trade execution and capture

      • Publishing Profit & Loss (P&L) and working with clients to resolve queries

      • Monitor trades to ensure that trading and sales trades match on economics. Monitor Trade Checkout Screen to confirm all manual written trades and unconfirmed broker trades are booked properly

      • Monitoring of Trade Reporting and Compliance Engine (TRACE) and static data maintenance in front end systems to be compliant with Financial Industry Regulatory Authority (FINRA)

      • Maintain team’s procedures / Business Continuity Management document. Provide various metrics and Management Information System (MIS) on a daily/weekly basis. Daily input of commentary for control standards

      • Utilize systems: Trade gate, Andromeda, Bloomberg, DTE, Autobahn

      Skills You’ll Need

      • Bachelor’s degree and relevant experience

      • Strong, market /regulatory knowledge and appropriate escalation awareness Highly organized with the ability to work in a team atmosphere

      • Candidate must be able to work in a high-pressure environment as a significant portion of the transactions are processed in real time, on-line with critical deadlines

      • Strong analytical skills: ability to utilize different techniques to resolve problems

      • Excellent technical skills: Candidate must be proficient in PC desk-top applications, i.e., Microsoft office suite Excel, Word, BBG, PowerPoint and Access

      Skills That Will Help You Excel

      • Highly organized with the ability to work in a team atmosphere

      • Candidate must have excellent communication/oral skills and interact well with other team members; i.e., Clients, Sales, Trading, Ops, Bookrunners, Information Technology (IT) counterparts in other back/middle office ops teams, Legal, Compliance, Business managers, et cetera

      Expectations

      It is the Bank’s expectation that employees hired into this role will work in the New York, NY office in accordance with the Bank’s hybrid working model.

      Deutsche Bank provides reasonable accommodations to candidates and employees with a substantiated need based on disability and/or religion.

      The salary range for this position in New York City is $85,000 to $140,000. Actual salaries may be based on a number of factors including, but not limited to, a candidate’s skill set, experience, education, work location and other qualifications. Posted salary ranges do not include incentive compensation or any other type of renumeration.

      Deutsche Bank Values & Diversity

      We believe talent is found in all cultures, countries, races, ethnicities, genders, sexual orientations, disabilities, beliefs, generations, backgrounds and experiences. We pursue a working environment where everyone can be authentic and feel a sense of belonging. Click here to find out more about our diversity and inclusion efforts.

      We are an Equal Opportunity Employer - Veterans/Disabled and other protected categories.

      Click these links to view the following notices: EEO is the Law poster and supplement ; Employee Rights and Responsibilities under the Family and Medical Leave Act ; Employee Polygraph Protection Act and Pay Transparency Nondiscrimination Provision

      Learn more about your life at Deutsche Bank through the eyes of our current employees: https://careers.db.com/life

      The California Consumer Privacy Act outlines how companies can use personal information. If you are interested in receiving a copy of Deutsche Bank’s California Privacy Notice please email HR.Direct@DB.com.

      Deutsche Bank Benefits

      At Deutsche Bank, we recognize that our benefit programs have a profound impact on our colleagues. That’s why we are focused on providing benefits and perks that enable our colleagues to live authenti­cally and be their whole selves, at every stage of life. We provide access to physical, emotional, and financial wellness benefits that allow our colleagues to stay financially secure and strike balance between work and home. Click here to learn more!

      #LI-HYBRID

      #LI-REMOTE

      #LI-ONSITE

      Our values define the working environment we strive to create – diverse, supportive and welcoming of different views. We embrace a culture reflecting a variety of perspectives, insights and backgrounds to drive innovation. We build talented and diverse teams to drive business results and encourage our people to develop to their full potential. Talk to us about flexible work arrangements and other initiatives we offer.

      We promote good working relationships and encourage high standards of conduct and work performance. We welcome applications from talented people from all cultures, countries, races, genders, sexual orientations, disabilities, beliefs and generations and are committed to providing a working environment free from harassment, discrimination and retaliation.

      Visit Inside Deutsche Bank to discover more about the culture of Deutsche Bank including Diversity, Equity & Inclusion, Leadership, Learning, Future of Work and more besides.


      We are an Equal Opportunity Employer - Veterans/Disabled and other protected categories. Click these links to view the following notices: EEO is the Law poster and supplement; Employee Rights and Responsibilities under the Family and Medical Leave Act; Employee Polygraph Protection Act and Pay Transparency Nondiscrimination Provision.

  • About the company

      The bank's network spans 58 countries with a large presence in Europe, the Americas and Asia.

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