Agency CMO Trader/Structurer AVP

Barclays•New York, NY

3d•$125,000 - $175,000•Onsite

About The Position

Join Barclays as an Agency CMO Trader/Structurer AVP. The role executes trades and manages risk across a defined portfolio of Agency MBS and related financial instruments, aligning activity with market conditions and firm strategy. It supports daily market-making and hedging while overseeing risk metrics, P&L reporting, and trade accuracy. The position works closely with structurers, sales teams, research, and technology partners to improve analytics, trading infrastructure, and deal execution. It applies technical expertise in mortgage products and analytical skills to identify relative value opportunities and improve risk-adjusted returns. The role is based in Barclays’ New York, NY office and is regulated by FINRA.

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.
Analytical and problem-solving skills, with attention to detail.
Effective communication skills for working with various teams and stakeholders.
Ability to manage multiple priorities and execute tasks under time-sensitive conditions.
Collaborative mindset and willingness to partner across functions.
Accountability, integrity, and ownership in support of revenue and business goals.
Ability to manage risk, strengthen controls, analyze complex information, and influence stakeholders.
Expected to demonstrate Barclays Values of Respect, Integrity, Service, Excellence, and Stewardship, and the Barclays Mindset of Empower, Challenge, and Drive.

Nice To Haves

The posting identifies analytical and problem-solving capabilities, effective communication, time-sensitive execution, cross-functional collaboration, and accountability as highly valued skills.

Responsibilities

Execute buy and sell orders and price liquidity in financial instruments in line with trading strategies and risk parameters.
Monitor and analyze financial markets, economic indicators, news, and geopolitical events to identify trading opportunities and assess risk.
Manage and monitor portfolio risk and comply with regulatory and internal risk-management guidelines.
Support daily market-making and hedging activities across Agency MBS and related instruments.
Maintain oversight of risk metrics, P&L reporting, and trade accuracy, including daily P&L preparation and reconciliation.
Conduct prepayment analysis and mortgage relative value assessments.
Collaborate with structurers, sales teams, research, modeling, technology, and other functions on trading decisions, analytics, infrastructure, and deal execution.
Identify ways to mitigate risk, strengthen controls, and support control and governance policies and procedures.
Analyze complex information from multiple sources to solve problems and communicate findings to stakeholders.
As an AVP, advise and influence decision-making, contribute to policy development, and take responsibility for operational effectiveness.
Depending on whether the role is a people-leadership or individual-contributor position, lead a team or collaborative assignments, guide colleagues, and support development and delivery of objectives.