Mortgage-backed Securities Trader

Vanguard

Malvern, United Kingdom
Hybrid
Trade and manage agency mbs positions
Execute trades with portfolio discretion
Run sensitivity and scenario analysis
Vanguard seeks an MBS Trader to support actively managed Fixed Income Portfolios by trading Agency MBS and CMBS positions

Job Summary

  • Vanguard seeks an MBS Trader to support actively managed Fixed Income Portfolios by trading Agency MBS and CMBS positions.
  • The role requires identifying relative value opportunities, executing trades, and utilizing prepayment models for sensitivity analysis.
  • This is a risk-taking position where the trader acts with discretion set by the portfolio manager and backs them up when off the desk.

Matching Summary

Vanguard seeks an MBS Trader to support actively managed Fixed Income Portfolios by trading Agency MBS and CMBS positions.

Skills & Requirements

Must-have

  • Trade and manage Agency MBS positions
  • Execute trades with portfolio discretion
  • Run sensitivity and scenario analysis
  • Analyze funds' performance vs benchmark
  • Maintain dealer relationships

Nice-to-have

  • Ability to work in fast-paced environment
  • Strong analytical and problem-solving skills
  • Excellent communication and mathematical skills
  • Detail-oriented approach to market research
  • Independent work capability

Key Requirements

  • Undergraduate degree in finance, economics, math, or engineering
  • Prior trading experience preferred
  • CFA or MBA/Masters/Ph.D. preferred
  • Work from office role Monday through Friday
  • No visa sponsorship available

Work Rights

Must have UK work authorization

Tailored Resume

Cover Letter