Position Title: Capital Markets Trader
Reports to: Portfolio Manager
Department: Capital Markets
Classification: Exempt
Role Overview
Seeking a Capital Markets Trader to support the execution of long-term investment strategies and interest rate derivatives transactions in alignment with the organization’s broader financial and risk management goals. This position plays a key role in managing the investment portfolio, supporting strategy development, and refining internal processes to enhance operational efficiency.
Primary Responsibilities
* Execute trades that support the long-term investment portfolio, aiming to optimize returns within defined strategies, risk tolerances, and liquidity needs.
* Assist in investment reporting and development of portfolio strategies.
* Provide secondary support for executing funding and interest rate derivatives transactions.
* Continuously improve pre-trade analysis, reporting, and risk frameworks through automation and modern tools.
* Build data-driven analytics to support investment decisions and hedge programs.
* Collaborate with risk and modeling teams to evaluate prepayment models and suggest enhancements.
* Assess mortgage commitment pipelines and offer hedging recommendations based on risk appetite.
* Ensure investment strategies comply with regulatory requirements and internal risk policies.
* Maintain ongoing communication with internal stakeholders and external market participants to stay informed on market trends and instruments.
* Contribute to business resiliency planning, internal control documentation, and regulatory testing efforts.
* Deliver presentations and reports for management and external oversight entities.
Performance Expectations
* Lead the pre-purchase analysis and trade execution for long-term investments.
* Partner with the Portfolio Manager to ensure the investment portfolio aligns with profitability, liquidity, and compliance targets.
* Act as a backup for other capital markets functions including liquidity reporting and debt issuance.
* Champion continuous learning and mentor team members in professional growth.
* Demonstrate consistent adherence to internal policies and meet all audit and examination standards.
* Collaborate on analytical tool use and contribute to best practice discussions in pricing and risk evaluation.
* Cultivate a network of external contacts, including broker-dealers and minority- or women-owned firms.
* Ensure consistent, accurate, and timely reporting to management and regulatory audiences
Qualifications & Skills
* **Experience:** 3+ years in fixed income trading or a closely related field, preferably with exposure to mortgage-backed securities.
* **Education:** Bachelor’s degree in Finance, Economics, or a related discipline. MBA or CFA designation is preferred.
* **Technical Competence:** Strong analytical abilities, problem-solving skills, and familiarity with derivative products (futures, options, swaps).
* **Communication:** Capable of conveying complex financial information clearly in both written and oral formats.
* **Decision-Making:** Able to make informed, risk-sensitive decisions under pressure and within tight timeframes.
* **Other Competencies:** Understanding of asset/liability management and interest rate risk measurement; capacity to perform advanced financial calculations; comfort with independent work and occasional travel.
Work Environment
* Office-based role with potential for one day per week remote work in line with resiliency protocols.
* Standard office setting; prolonged screen time and light lifting of office supplies may be required.
