Fixed Income Agency Mortgage-Backed (MBS) Trading Assistant

About the Role:

Now is a great time to join Fixed Income Capital Markets at Baird! The Agency-Mortgage-Backed Securities (MBS) Trading desk is looking for an analytical and driven professional to join the team as a trading assistant.

As a Mortgage Backed Securities (MBS) Trading Assistant you will play a crucial role on our team in a fast-paced trading environment. This is an exciting opportunity for an ambitious and detail-oriented individual who is looking to kickstart their career in the financial industry. We are seeking a highly motivated candidate with a strong interest in MBS trading and a desire to learn and grow. A background in finance economics accounting computer science or related fields is preferred along with excellent analytical skills attention to detail and the ability to thrive in a fast-paced environment.

The Impact Youll Make:

• Provide support to our MBS trading team monitor market trends and assist with trade execution and settlement processes.

• Monitor macro-economic trends and analyze data to identify potential trading opportunities.

• Conduct research and analysis to support trading strategies and decision-making.

• Collaborate with team members to develop and implement new trading strategies.

• Assist finance in ongoing (daily/monthly) profit and loss (P&L) reconciliations.

• Stay updated on industry and regulatory developments.

• Develop and maintain relationships with sales associates across the Baird platform.

• Maintain confidentiality of sensitive information and uphold ethical standards at all times.

• Utilize systems including Bloomberg Microsoft Excel Yieldbook and Intex Dealmaker.

What Youll Bring to Baird:

• Bachelors degree required; degrees in Finance Economics Accounting or Computer Science are preferred.

• FINRA licensed (SIE 7 and 63) or willingness to become licensed within 6 months of start date.

• 0-3 years of professional experience.

• Excellent communication skills and possessing a team player and ability to work additional hours as needed to ensure work is completed in a timely to detail and a positive can-do attitude are a must.

• Expert Microsoft Excel an understanding of standard industry tools (i.e. Bloomberg and Yield Book).

• Ability to prioritize and complete multiple tasks simultaneously often under pressure and/or short deadlines.

Compensation:

• $74900 -$101300 annual salary range

• Bonus potential up to 20% of base pay

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