Agency CMO Trading Analyst

Barclays•New York, NY

3d•$110,000 - $125,000•Onsite

About The Position

Join Barclays as an Agency Collateralized Mortgage Obligations (CMO) Trading Analyst. Execute trades and guide risk across a defined portfolio of Agency Mortgage-Backed Securities and related financial instruments, aligning activity with market conditions and firm strategy. Support daily market-making and hedging while overseeing risk metrics, P&L reporting, and trade accuracy. Collaborate with structurers, customer service teams, research, and technology partners to enhance analytics, trading infrastructure, and deal execution. The role is based in Barclays’ New York, NY office and is regulated by FINRA.

Requirements

Experience with Agency MBS products, including agency pass-throughs, specified pools, and CMO structures.
Understanding of market-making, hedging strategies, and risk portfolios.
Proficiency in daily P&L preparation, reconciliation, and risk reporting.
In-depth technical knowledge and experience in the assigned area of expertise, with a thorough understanding of its underlying principles and concepts.
Ability to analyze factual information, make evaluative judgments, and resolve problems using technical experience and precedents.
Understanding of relevant rules, regulations, codes of conduct, and risk-management guidelines.
Ability to guide and persuade team members and communicate complex or sensitive information.
FINRA-regulated role.

Nice To Haves

Problem-solving ability and attention to detail.
Effective communication skills for interfacing with various teams.
Ability to coordinate multiple priorities and execute tasks under time-sensitive conditions.
Collaborative mindset and willingness to partner across functions to drive outcomes.

Responsibilities

Execute buy and sell orders or price liquidity in financial instruments in accordance with trading strategies and risk parameters.
Monitor and analyze global financial markets, economic indicators, news, and geopolitical events to identify 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 for Agency Mortgage-Backed Securities and related instruments.
Oversee risk metrics, P&L reporting, and trade accuracy, including daily P&L preparation and reconciliation.
Collaborate with structurers, customer service teams, research analysts, technology partners, and other teams to inform trading decisions and improve analytics, infrastructure, and deal execution.
Perform assigned activities promptly and to a high standard, driving continuous improvement.
Take responsibility for operational outcomes, risk management, controls, and compliance; escalate policy or procedure breaches and embed new risk-mitigation procedures.
Advise and influence decisions within the area of expertise, partner across functions, and communicate complex or sensitive information to relevant stakeholders.
Coordinate team resources and support colleagues’ professional development if the position has leadership responsibilities.