COMMERCIAL MORTGAGE-BACKED SECURITIES (CMBS) TRADER

This role is regulated by FINRA

As a Barclays Commercial Mortgage-Backed Securities (CMBS) Trader, you will be responsible for supporting the CMBS traders in their daily trading and risk management roles, calculating Profit & Loss (P&L) and daily pricing, as well as bond analysis, surveillance and other various projects. The team is a client facing trading operation focused on securitizations backed by commercial mortgage loans, and providing secondary market liquidity to serve the investment needs of global clients.

Barclays is one of the world's largest and most respected financial institutions, with 329 years of success, quality and innovation behind us. We've helped millions of individuals and businesses thrive, creating financial and digital solutions that the world now takes for granted. An important and growing presence in the USA, we offer careers providing endless opportunity.

WHAT WILL YOU BE DOING?

• You will be responsible for calculating daily P&L, risk exposures, hedges and various other market driven metrics

• Generating bond models for potential investments as well as surveillance of existing positions

• Working on enhancement of internal infrastructure and framework, including automation of processes and collaboration with various groups within Barclays

• Managing inventory along with hedges and their associated risks according to risk guidelines

• You will assist and track secondary bidlists and new issue pricing

• Interacting with Product Control Group to review daily P&L

• Interacting with Operations to clear any trade or settlement issues where necessary

• You will collaborate with infrastructure partners to maintain a strong control environment

WHAT WE’RE LOOKING FOR:

• Bachelor’s Degree in Finance, Economics, Engineering orMathematics with one to two years’ experience in financial services 

• You will have demonstrated interest in real estate with experience; relevant coursework will be considered a positive

• Strong analytical and logical reasoning skills

• Proficient with Microsoft Excel, Bloomberg, Intex Dealmaker, Yieldbook

SKILLS THAT WILL HELP YOU IN THE ROLE:

• You will be a quick learner who can adapt to a changing trading and policy environment

• Ability to work in a dynamic, fast-paced and high pressure environment

• Having excellent verbal and written communication skills will help you drive franchise business, collaborating with Sales and Research

WHERE WILL YOU BE WORKING?

You will be working at our Americas Headquarters at 745 Seventh Avenue. This 37-story office tower is located in Times Square in the heart of Manhattan and features a cafeteria, fitness center and state-of-the-art LED signage on the facade of the building.

We’re a global, vital and highly respected financial organisation with an inspiring Purpose. Operating in 50 countries and employing around 83,000 people across the world, we help communities, individuals and businesses thrive. And we’ve created financial solutions and technology that the world now takes for granted. A career with us can offer incredible variety, depth and breadth of experience, and the chance to learn from some of the best minds in technology and finance.