DESCRIPTION:
Duties: Develop and implement strategies for allocating mortgage-backed securities within a portfolio. Analyze market conditions, interest rate movements, and other economic factors to optimize allocation decisions. Lead projects related to Mortgage Back Securities allocation, such as portfolio rebalancing, risk management initiatives, or implementing new trading strategies. Coordinate with various teams including traders, analysts, and compliance to ensure project milestones are met. Monitor and manage risks associated with Mortgage Back Securities portfolios, including interest rate risk, prepayment risk, and credit risk. Implement hedging strategies and adjustments based on risk assessments. Supervise and mentor junior associates or analysts in the with Mortgage Back Securities allocation team. Delegate tasks, provide guidance on complex analyses, and ensure team members adhere to best practices and compliance standards. Conduct performance reviews and career coaching. Evaluate the performance of with Mortgage Back Securities portfolios against benchmarks and targets. Prepare regular reports for senior management or clients on portfolio performance, strategy updates, and market outlook. Work closely with traders, portfolio managers, clients and other stakeholders to execute with Mortgage Back Securities allocation strategies effectively.
QUALIFICATIONS:
Minimum education and experience required: Bachelor's degree in Economics, Business Administration, Finance, Accounting or related field of study plus 2 years of experience in the job offered or as Trading Services Associate, CPMO Senior Analyst, or related occupation.
Skills Required: This position requires two (2) years of experience with the following: conducting financial analysis of mortgage- backed securities, including cash flow modeling, prepayment modeling, and sensitivity analysis; analyzing thousands of trades, performing statistical analysis, and developing models for risk assessment and portfolio optimization; understanding and avoiding various risks associated with Mortgage Back Securities, including interest rate risk, prepayment risk, and credit risk, and the ability to implement effective hedging strategies; lead initiatives related to with Mortgage Back Securities allocation, portfolio rebalancing, and risk management; presenting mortgage backed securities allocation guidelines to desk, senior management and clients; utilizing knowledge of the FINRA Regulatory Manual relevant to Mortgage Back Securities; financial modeling software including: Excel, Bloomberg, VBA, Tableau, UiPath, and trading platforms used for with Mortgage Back Securities analysis and trading.
Job Location: 4041 Ogletown Stanton Road, Newark, DE 19713.
ABOUT USWe offer a competitive total rewards package including base salary determined based on the role, experience, skill set and location. Those in eligible roles may receive commission-based pay and/or discretionary incentive compensation, paid in the form of cash and/or forfeitable equity, awarded in recognition of individual achievements and contributions. We also offer a range of benefits and programs to meet employee needs, based on eligibility. These benefits include comprehensive health care coverage, on-site health and wellness centers, a retirement savings plan, backup childcare, tuition reimbursement, mental health support, financial coaching and more. Additional details about total compensation and benefits will be provided during the hiring process.
We recognize that our people are our strength and the diverse talents they bring to our global workforce are directly linked to our success. We are an equal opportunity employer and place a high value on diversity and inclusion at our company. We do not discriminate on the basis of any protected attribute, including race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. We also make reasonable accommodations for applicants’ and employees’ religious practices and beliefs, as well as mental health or physical disability needs. Visit our FAQs for more information about requesting an accommodation.
JPMorgan Chase & Co. is an Equal Opportunity Employer, including Disability/Veterans
ABOUT THE TEAM
J.P. Morgan’s Commercial & Investment Bank is a global leader across banking, markets, securities services and payments. Corporations, governments and institutions throughout the world entrust us with their business in more than 100 countries. The Commercial & Investment Bank provides strategic advice, raises capital, manages risk and extends liquidity in markets around the world.
