Corporate Treasury, Mortgages Trader/Portfolio Manager, Vice President, New York

Goldman Sachs•New York, NY

17d•$130,000 - $260,000•Onsite

About The Position

We’re a team within an evolving function in Corporate Treasury responsible for managing the firm’s structural interest rate risk and the firm’s evolving HQLA portfolio. We take a bird’s eye view on asset and liability management and liquidity across GS and position the firm in a way that meets our long term objectives. The division is ideal for collaborative individuals who have strong quantitative analysis skills and risk management capabilities since Treasury actively manages the firm’s financial resources which are constantly changing due to business activity, markets, risk appetite, regulations and other factors. Corporate Treasury is looking for a Vice President to join its Portfolio Management Trading team in New York to focus on the firm’s MBS portfolio. The desk works closely with other parts of Corporate Treasury and Global Markets Division trading/structuring desks. We are primarily working with US Treasuries, Mortgage-Backed Securities, interest rate swaps, basis swaps, futures, repos, and other macro products. The team works out of the New York, London and Hong Kong offices.

Requirements

Prior trading and/or investing experience in MBS
5+ years of experience
Strong analytical, problem solving and quantitative skills
Strong understanding of economic, fiscal and monetary policy
Proficiency in Excel and PowerPoint required
Strong quantitative skills with the ability to analyze, evaluate and form independent judgment
Strong verbal and written communication skills
Bachelors Degree
Must be comfortable building models, managing large amounts of data, and analyzing the output

Nice To Haves

Python skills are a plus

Responsibilities

Identify and execute Agency MBS trades, with a focus on relative value within the mortgages space as well as across asset classes
Analysis on cash flows and strong ability to conduct scenario analysis, with a focus on enhancing NII
Identify opportunities in Ginnie Mae and conventional passthroughs, Agency CMBS, Agency CMOs, and other products
Contribution to macro trade ideas in interest rate markets
Risk management of the existing portfolio and new trade execution and management
Interpret economic data to help make informed trading decisions
Trade execution and booking
Perform historical analysis on market data to help inform trading decisions