CMO Trading Assistant

B7 Create and maintain on a daily basis, spreadsheets for all CMO holdings including CMO-IO holdings (Daily IO P/L Report), CMO purchases and sales (Trade Blotter), and trading account activity (Trading Account Summary). Report and confirm daily P/L for all holdings in the CMO portfolio. This includes daily mark-to-market pricing of each security and monthly updates of book values and factors.

Assist in execution of CMO purchases and sales, including accurate preparation and distribution of bid lists, bid taking, confirmation, and G/L updates of bonds sold. Also, execute trades for dollar rolls and hedging in the CMO trading account. Utilize research and offerings to track spreads, CPRs, and other mortgage performance as it relates to the CMO portfolio.

Provide a thorough analysis of mortgage-backed products in the Bankb
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0in 0pt; TEXT-ALIGN: justify"> Reporting: Quarterly reconciliation of all CMO portfolio holdings including current book and market prices, factors, face updates, hedge relationships, etc. Interaction with Accounting through confirmation of trading activity and portfolio holdings. In addition, preparation of monthly b
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ormal style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: justify; mso-list: l0 level1 lfo1; tab-stops: list .5in">Polypaths: Run analyses on all CMO products for potential purchases and executed sales in the CMO portfolio. Calculate prices, yields, and hedge costs for holdings. Structure new deals

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REQUIREMENTS


Minimum required:



B7 1-2 years experience in the fina!
nce industry.

B7 BA/BS degree in Finance, Information Technology, Accounting, or Business related field.

B7 !
Strong Analytical and computer skills, with emphasis on spread!
sheet an
d database manipulation