CMO Structurer Trader I
Job Location:
Stamford, CT - USA
Monthly Salary:
Posted on:
Vacancies:
Job Summary
Req ID:77981
Location:Stamford -STAM
Areas of Interest:Trading
Pay Transparency Salary Range:$80000 - $100000
Application Deadline:07/24/2026
BOK Financial Corporation Group includes BOKF NA; BOK Financial Securities Inc. and BOK Financial Private Wealth Inc. BOKF NA operates TransFund and Cavanal Hill Investment Management Inc. BOKF NA operates banking divisions: Bank of Albuquerque; Bank of Oklahoma; Bank of Texas and BOK Financial.
Bonus Type
Summary
If you are interested in a career as a Trader with an industry-leading provider of sophisticated financial solutions youve come to the right place. Our commitment to you is a positive work environment a deep connection to our communities and a focus on putting our clients first. We believe no challenge is too big and no opportunity is too small when we work together to build relationships.
Job Description
The CMO Structurer - Trader I is responsible for supporting and developing the firms Agency Collateralized Mortgage Obligation (CMO) new-issue structuring program with secondary responsibilities in trading and market making alongside the Head of the CMO desk. This is a developmental early-career position designed to build foundational CMO expertise across structuring and analytics trading execution support and sales and client dynamics with the objective of supporting long-term talent development within the CMO business. This individual contributor role does not manage other employees and reports to the Head of Taxable Fixed Income Trading.
Team Culture
The trading team works together by discussing market conditions knowing what yields and spreads are in our products vs other products knowing what the sales people are actively selling in the market and knowing the maturity range of the products. Internal communication and partnership which extend to all trading offices across our footprint are key to understanding sales and performance. Our camaraderie shared decision making and mutual respect for one another are what keep us ticking. All team members have a stake in the game and are encouraged to share their ideas and collaborate often.
How Youll Spend Your Time
- Youll assist in the creation and structuring of new-issue Agency CMOs based on client demand. Source appropriate MBS collateral pools in coordination with the Structured Products Group and the Head of the CMO desk. Prepare monthly reviews and performance reports on all issuance activity to track program growth and inform desk strategy.
- Youll serve as a market maker for Agency CMOs under the guidance of the desk head providing liquidity and best execution for client orders in the secondary market. Execute buy and sell transactions in line with the firms risk appetite ensuring pricing is competitive and responsive to client needs.
- Youll work closely with institutional and retail sales teams across the organization to understand and address client demand for CMO products. Provide timely market color liquidity insights and product education to sales colleagues and coordinate with sales on client needs to deliver best-in-class structured solutions. Contribute to cross-functional collaboration between trading structuring and sales to ensure well-priced product is built on client inquiries.
- Youll develop and maintain productive working relationships with external counterparties including dealer trading desks and institutional clients. Coordinate with these partners to source collateral share secondary market liquidity and expand the distribution network for the firms CMO offerings.
- Youll continuously monitor Agency MBS and related fixed-income market developments to identify relative value opportunities and generate trade ideas. Proactively communicate structuring strategies and opportunistic trade ideas to sales teams and clients contributing to the desks proactive idea flow and overall franchise value.
- Youll prepare daily P&L reports reconcile trade positions and perform performance attribution to understand drivers of desk profitability. Execute and manage hedging strategies for the CMO pipeline and inventory and maintain trading book exposures within established risk parameters in coordination with the Head of the CMO desk. Ensure all trading and structuring activities comply with regulatory requirements and the firms internal trading policies.
Education & Experience Requirements
- This level of knowledge is normally acquired through completion of aBachelors Degree in Finance Economics or a related fieldof study and1 years ofrelatedexperiencetrading or structuring mortgage-backed securities (MBS) in a buy-side or sell-side environment or an equivalent combination of education and experience.
- MBAor other relevant advanced degree or aCFAdesignation is preferred as evidence of strong analytical background and commitment to professional development.
- Experience preparing daily P&L risk metrics and reconciliations in a fixed-income trading environment
- Securities Industry Essentials (SIE) Exam FINRASeries 7 andSeries 63licenses or the ability to obtain within36 monthsafter hire.
Working Conditions & Physical Requirements
BOK Financial Corporation Groupis a stable and financially strong organization that provides excellent training and development to support building the long term careers of employees.With passion skill and partnership you can make an impact on the success of the bank customers and your own career!
Apply todayand take the first step towards your next career opportunity!
The companies in BOK Financial Corporation Group are equal opportunity employers. We are committed to providing equal employment opportunities for training compensation transfer promotion and other aspects of employment for all qualified applicants and employees without regard to sex race color religion national origin age disability pregnancy status sexual orientation genetic information or veteran status.
Required Experience:
Chief
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