MBS Trade Assistant (SD302)
Royal Bank of Scotland Group - Stamford, CT

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Role/Team Summary

Mortgage-Backed Securities (MBS) Trading Assistant provides comprehensive support to the Agency Pass-Through Trading Desk. The group primarily performs these functions through the timely confirmation and allocation of TBA trades. The nature of this support requires strong multi-faceted individuals, who possess the ability to learn in a fast-paced and stressful environment. It is critical that the individual has the aptitude necessary to understand the economics and behaviour of the mortgage products traded.

The individual will be required to establish close working relationships with the Trading Desk, Sales Desk, Clearance, Technology, Credit, Legal & Compliance and Trade Accounting.

This individual should possess the following characteristics:

¨ eager to learn, motivated, and hard working

¨ highly organized

¨ adept in time management

¨ ability to prioritize well

¨ excellent communication skills

¨ detail oriented with high degree of accuracy in all duties

¨ self starter

¨ strong follow through skills

¨ ability to handle multiple transactions simultaneously

¨ must respond well to short notice and deadlines

¨ strong team player

Responsibilities

¨ Trade entry / trader position keeping

¨ Trader position / sales ticket reconciliation

¨ Customer trade confirmation

¨ Broker / dealer trade confirmation

¨ FICC Real Time Trade Matching (RTTM)

¨ Customer trade ticket processing

¨ MBS Derivative Desk trade support

¨ Daily pricing for TBAs

¨ Set hedge ratios for Pass-Through trading desk

¨ Asset manager account breakdowns

¨ Produce various daily and month-end reports for management and trading desk

Minimum Requirements

¨ Bachelor’s degree (Finance or Business preferred)

¨ MBS experience (minimum of 3-5 years)

¨ Working knowledge of the MBSCC

¨ Proficiency in Microsoft Office applications (including Excel)

Equal Opportunity Employer

"It is the policy of The Royal Bank of Scotland, PLC to provide equal employment and advancement opportunities to all colleagues and applicants for employment without regard to race, color, religion, sex, age, national origin, sexual orientation, gender identity or expression, disability, genetic information, pregnancy, veteran or military status, marital or domestic partner status, or any other factor protected by federal, state, and/or local laws."

“Employer immigration sponsorship not available for this role.”

Royal Bank of Scotland Group - 15 months ago - save job - copy to clipboard - block
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