Assist Senior Traders in valuing ABS for best execution for the firm and its clients.
As an ABS Trading Analyst, you will play a crucial role in assisting Senior Traders with the valuation and trading of Asset-Backed Securities (ABS). Your work will involve developing analytical tools, managing daily tasks, and collaborating with various internal groups to ensure optimal trading execution.
Job responsibilities:
- Proactively trade all ABS sectors to increase the firm’s market share and expand client outreach.
- Formulate trade ideas for the firm and clients based on appropriate risk/reward parameters.
- Size, understand, and manage risk in the portfolio commercially.
- Consider risk, credit costs, and the market environment when pricing.
- Manage client risk to minimize and capture client value efficiently.
- Run risk with educated views on underlying markets to create added value.
- Distill complex ideas or structures into meaningful communications.
- Enhance the firm's reputation through expertise, professionalism, and maturity in verbal and written communications.
- Build and leverage partnerships to deliver the whole firm to clients.
Required qualifications, capabilities, and skills:
- Ability to work well under pressure, pay close attention to detail, and demonstrate a high degree of initiative and commitment.
- Minimum Bachelor’s degree or equivalent required.
- 1-3 years’ experience in trading.
- Strong understanding of securitized products.
- Strong computational skills in Excel, Python, and Intex.
Preferred qualifications, capabilities, and skills:
- Familiarity with modern front-end technologies and cloud technologies.
- Ability to create a vision and actionable roadmap with a focus on ongoing innovation.
- Ability to effectively maximize delivery of business goals and returns on investment.