Mortgage Backed Securities Specialist

Classification: Full Time Compensation: $60,000 to $90,000 per year Robert Half Financial Services Group, a division of RHI, places candidates in direct hire, consulting, and temporary positions within all areas of Financial Services including: investment banking, commercial finance, real estate, brokerage, and investment management. Experts at finding the best possible candidates, we fill positions on all levels within a firm or company . We typically place candidates in the following areas: investment operations, investment analysis, commercial finance operations, private banking, compliance, financial analysis, client services, relationship management, bank operations, and project management.Currently, one of our clients is looking to fill a position in their trade operations department.
Duties and Responsibilities
•Work in a fast paced, high risk, deadline driven environment to expedite securities lending transactions between portfolio traders and broker dealers.
•Support mortgage backed securities clearing and settlement. Will deal with TBA securities and will support the assignment and the pairing-off of these positions.•Decisions and actions may result in individual or firm wide trading losses due to errors, incorrect decisions or failing to follow procedures, risk management guidelines, regulations or operational standards including possible regulatory fines.
•Must be able to make critical decisions, which impact a majority of the firm's daily trades, e.g. routing and our system availability.
•Research and resolve complex trade issues and problems.
•Ensuring proper execution and settlement of firm wide trades. This includes ensuring regulatory compliance and balancing our books and records.
•Able to minimize financial losses due to trade related or clearing error through trading resolution experience and internal/external contracts.
•Plays critical leadership role in system downtimes, BRS or market meltdown situations.
•Serves as trading and operations expert for senior business partners regarding trade execution /settlement transactions and assignment of responsibility for trade errors.
•Comprehensive regulatory and financial industry knowledge.
•Must establish effective relationships with broker dealers and portfolio staff.
Principal Working Relationships
Daily contact with portfolio managers, traders, analysts, brokers and custodians to facilitate the settlement of trades. Contact with clients to provide specific information as needed. Frequent contact with operations and technology teams to resolve securities settlement and pricing problems.Minimum Qualifications
Work requires extreme attention to detail, excellent organizational skills, and the ability to make quick and accurate decisions. This includes the appropriate escalation of critical issues to mitigate risks and safeguard client assets. The ability to interact effectively with portfolio managers, senior management, peers and external parties in a fast-paced, high-risk environment and under extreme deadline pressure is also required.Founded in 1948, Robert Half Finance & Accounting pioneered financial recruitment and today is the worldwide leader in the field. We specialize in placing experienced professionals in accounting, finance, credit and collections, bookkeeping, payroll, and taxation. Throughout our 55-year history, we have developed lasting relationships with the industry-leading companies we serve, which gives us access to the best career opportunities for our candidates. Robert Half Finance & Accounting is a division of specialized staffing leader Robert Half International (NYSE: RHI), an S&P 500 firm. Robert Half Finance & Accounting offers online job search services at