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Junior Trader Agency CMO & MBS Desk

Deutsche Bank

NEW YORK, NY · HybridFull-time$110–125K/yrSeen todaySeen in employer's feed today

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At a glance

Compensation
$110–125K/yr
Location
NEW YORK, NYHybrid
Schedule
Full-time
Work Authorization
Not specified

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Requirements

Credentials this posting asks for.

Bachelor's degree

Job overview

Deutsche Bank is seeking an early-career Junior Trader to support its Agency CMO and MBS trading desk in New York. The role works with senior traders on daily desk operations, trade lifecycles, and risk management, with exposure to structured products, fixed-income markets, and trade execution. The position follows the bank’s hybrid working model.

Skills & qualifications

RequiredNice to have

Skills

PythonVBAProgrammingSecuritized ProductsAI ToolsCritical JudgmentResponsible Data and AI Use

Qualifications

Recent Undergraduate DegreeStrong Academic PerformanceHigh GPAMathematics, Finance, or Related Quantitative DisciplineProficient Work Experience

Benefits

Paid Time Off
Medical Insurance
401(k) Match
Parental Leave

Full job description

Job Description:Job Title Junior Trader - Agency CMO & MBS DeskCorporate Title - Analyst Location New York, NYPositionType Full-TimePosition OverviewWe are seeking a highly motivated and analytical Junior Trader to join our Agency CMO and MBS trading desk. This is an early career opportunity designed for an individual looking to develop a deep understanding of structured products, fixed-income markets, and trade execution. The candidate will work directly with senior traders and the team to support daily desk operations, manage trade lifecycles, and assist in risk management.What We Offer You * A diverse and inclusive environment that embraces change, innovation, and collaboration * A hybrid working model, allowing for in-office / work from home flexibility, generous vacation, personal and volunteer days * Employee Resource Groups support an inclusive workplace for everyone and promote community engagement * Competitive compensation packages including health and wellbeing benefits, retirement savings plans, parental leave, and family building benefits * Educational resources, matching gift, and volunteer programsWhat You'll Do * Assist senior traders with trade booking, position reconciliation, daily P&L reporting, and daily risk reporting * Monitor market data, yield curves, prepayment speeds, and macroeconomic indicators to identify trading opportunities and risks * Develop and optimize desk tools, databases, and automated workflows to streamline trading processes * Liaison with middle office, risk management, compliance, and technology teams to resolve settlement issues and ensure smooth operational flowSkills You'll Need * Recent undergraduate degree with a strong academic performance, including a high GPA with a background in mathematics, finance, or a related quantitative discipline * Familiar with Python, VBA, and other programming languages * Proficient work experience within securitized products is ideal * Proven ability to leverage AI tools to enhance productivity, optimize workflows to solve business problems, while applying critical judgment to ensure responsible and ethical use of data and AI outputs ExpectationsIt is the Bank's expectation that employees hired into this role will work in the New York, NY office in accordance with the Bank's hybrid working model.Deutsche Bank provides reasonable accommodations to candidates and employees with a substantiated need based on disability and/or religion.The salary range for this position in New York, NY is 110,000k-125,000k. Actual salaries may be based on a number of factors including, but not limited to, a candidate's skill set, experience, education, work location and other qualifications. Posted salary ranges do not include incentive compensation or any other type of remuneration.Deutsche Bank Benefits At Deutsche Bank, we recognize that our benefit programs have a profound impact on our colleagues. That's why we are focused on providing benefits and perks that enable our colleagues to live authentically and be their whole selves, at every stage of life. We provide access to physical, emotional, and financial wellness benefits that allow our colleagues to stay financially secure and strike balance between work and home. Click here to learn more!Learn more about your life at Deutsche Bank through the eyes of our current employees: https://careers.db.com/lifeThe California Consumer Privacy Act outlines how companies can use personal information. If you are interested in receiving a copy of Deutsche Bank's California Privacy Notice, please [email protected]. #LI-HYBRID We strive for a culturein which we are empowered to excel together every day. This includes acting responsibly, thinking commercially, taking initiative and working collaboratively. Together we share and celebrate the successes of our people. Together we are Deutsche Bank Group.We welcome applications f

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