Primary CMBS Trader

Barclays•New York, NY

2d•$125,000 - $175,000•Onsite

About The Position

At Barclays, our vision is clear –to redefine the future of banking and help craft innovative solutions. In this role, you will be responsible for evaluating and navigating multi-layered deal structures, conducting in-depth evaluation of loan-level data, and staying ahead of evolving market trends. Your day-to-day responsibilities will include executing trades, guiding positions, and contributing to overall portfolio strategy while working closely with internal stakeholders such as structuring, origination, and risk teams. In addition, you will maintain and cultivate relationships with a broad range of investors and counterparties, ensuring effective communication and alignment across all touchpoints.

Requirements

Deep understanding of CMBS structures, bond math, and prepayment modeling
Proficiency with Bloomberg, Intex, Trepp, and Excel (including VBA)
Experience in commercial real estate finance, credit assessment, or securitization
Knowledge of credit rating methodologies and regulatory frameworks
Series 7, 63 and 79 preferred

Nice To Haves

Ample strategy skills with contending priorities with balanced risk assessment
Clear, positive communicator of trade rationale and market views
Confirmed ability to build and maintain internal and external relationships
High attention to detail in documentation, pricing, and execution

Responsibilities

Execution of buy and sell orders or pricing of liquidity in various financial instruments while adhering to the bank's trading strategies and risk parameters.
Monitoring and analysis of global financial markets, economic indicators, news, and geopolitical events to identify trading opportunities and assess market risks.
Management and monitoring of the risk associated with the trading portfolio and ensuring compliance with regulatory and internal risk management guidelines.
Collaboration 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.
Collaborate closely with other functions/ business divisions.
Lead a team performing complex tasks, using well developed professional knowledge and skills to deliver on work that impacts the whole business function.
Set objectives and coach employees in pursuit of those objectives, appraisal of performance relative to objectives and determination of reward outcomes
Lead collaborative assignments and guide team members through structured assignments, identify the need for the inclusion of other areas of specialisation to complete assignments.
Identify new directions for assignments and/ or projects, identifying a combination of cross functional methodologies or practices to meet required outcomes.
Consult on complex issues; providing advice to People Leaders to support the resolution of escalated issues.
Identify ways to mitigate risk and developing 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 that is closely related to that of other areas, which requires understanding of how areas coordinate and contribute to the achievement of the objectives of the organisation sub-function.
Collaborate with other areas of work, for business aligned support areas to keep up to speed with business activity and the business strategy.
Engage in complex analysis of data from multiple sources of information, internal and external sources such as procedures and practises (in other areas, teams, companies, etc).to solve problems creatively and effectively.
Communicate complex information.
Influence or convince stakeholders to achieve outcomes.