Agency CMO Trader/Structurer AVP

At Barclays, our vision is clear – to redefine the future of banking and help craft innovative solutions.

About the role

In this role, you will execute trades and manage risk across a defined portfolio of Agency MBS and related financial instruments, ensuring alignment with market conditions and firm strategy. You will support daily market-making and hedging activities while maintaining strong oversight of risk metrics, P&L reporting, and trade accuracy. You will collaborate closely with structurers, sales teams, research, and technology partners to enhance analytics, trading infrastructure, and deal execution. You will also combine technical expertise in mortgage products with strong analytical skills to identify relative value opportunities and improve risk-adjusted returns.

Responsibilities

• Execute buy and sell orders or price liquidity in various financial instruments while adhering to the bank's trading strategies and risk parameters.
• Monitor and analyze global financial markets, economic indicators, news, and geopolitical events to identify trading opportunities and assess market risks.
• Manage and monitor the risk associated with the trading portfolio and ensure compliance with regulatory and internal risk management guidelines.
• Collaborate with research analysts and other teams to gather insights and information for trading decisions.
• Advise and influence decision making, contribute to policy development, and take responsibility for operational effectiveness.
• Lead a team performing complex tasks, using well-developed professional knowledge and skills to deliver work that impacts the whole business function.
• Set objectives, coach employees, appraise performance, and determine reward outcomes.
• Consult on complex issues, providing advice to People Leaders to support the resolution of escalated issues.
• Identify ways to mitigate risk and develop new policies/procedures in support of the control and governance agenda.
• Take ownership for managing risk and strengthening controls in relation to the work done.
• Perform work closely related to other areas, understanding how areas coordinate and contribute to the achievement of organizational objectives.
• Collaborate with other areas of work to keep up to speed with business activity and strategy.
• Engage in complex analysis of data from multiple sources to solve problems creatively and effectively.
• Communicate complex information, including sensitive information or information that is difficult to convey due to its content or audience.
• Influence or convince stakeholders to achieve outcomes.

Requirements

• Expertise in Agency MBS products, including TBA, specified pools, and CMO structures.
• Understanding of market-making, hedging strategies, and portfolio risk management.
• Proficiency in daily P&L preparation, reconciliation, and risk reporting.
• Ability to conduct prepayment analysis and mortgage relative value assessments.
• Experience collaborating with modeling, research, and technology teams to enhance trading analytics and infrastructure.

Skills

• Analytical and problem-solving capabilities with attention to detail.
• Effective communication skills for interfacing with various teams.
• Ability to manage multiple priorities and execute tasks under time-sensitive conditions.
• Collaborative mindset with a willingness to partner across functions to drive outcomes.
• High degree of accountability, integrity, and ownership in support of revenue and business goals.

Assistant Vice President Expectations

• Demonstrate leadership behaviors (Listen and be authentic, Energize and inspire, Align across the enterprise, Develop others).
• For individual contributors: lead collaborative assignments, guide team members, identify new directions for projects, and integrate cross-functional methodologies.

Pay

Minimum Salary: $125,000
Maximum Salary: $175,000
The minimum and maximum salary information above includes only base salary or base hourly rate. It does not include any other type of compensation or benefits that may be available.

Location

This role is located in our New York, NY office and is regulated by FINRA.