Join Macquarie Public Investments in our Global Headquarters based in Philadelphia as a Structured Products – Non-Agency RMBS Trader and Analyst. You will be part of an active trading desk and bring your experience knowledge to the role of non-agency residential mortgage-backed securities and the associated broader structured product markets. With your strong quantitative and modeling skills, you will contribute alpha generating investment opportunities within risk appropriate guidelines to our investment portfolios.

Your responsibilities will include:

• Collecting, distributing, and analyzing market information using a variety of tools and databases such as Aladdin, Bloomberg, Intex, and Excel to identify critical data for decision-making. Performing analysis and price discovery of RMBS securities across the private and public agency sponsored markets.
• Maintaining relationships with the sell-side counterparties to generate and execute security trades within portfolio strategies in a fast- paced environment across various portfolio strategies.
• Applying fixed income trading and analysis skills to broader Structured product asset classes in a cross-coverage structure including agency mortgage-backed securities (MBS), commercial mortgage-backed securities (CMBS), Asset-backed securities (ABS), and collateralized loan obligations (CLO).
• The collaborative nature of the Structured products team emphasizes in depth discussions and sharing of information across collateral types.
• Generating risk management reports with detailed information on the diversification, durations, and risk of the portfolios while considering the investment, compliance, and regulatory guidelines of the fund. Analyzing portfolio positioning versus the both the benchmark and each funds respective peer group
• Tracking assigned sector spreads and formulating and communicating opinions of relative value in the non-agency mortgage market sector. Stays abreast of relevant news events. Develops relationship with sector analysts to develop a fundamental and holistic view of opportunities and risks.
• Identifies and recommends process improvements through data analysis. Python or other programming skills are a plus.

Your background will include:

• Undergraduate degree (preferably in accounting, finance, or economics). Progress towards MBA or CFA preferred
• Minimum 7-10 years’ experience
• Strong PC skills including a broad knowledge of spreadsheet, database, and other applicable software packages. Python skills are a plus
• Detail oriented
• Ability to work in a demanding environment
• Excellent communications and mathematical skills
• Strong analytical and critical thinking skills
• Ability to work independently

About Macquarie Asset Management

Macquarie Asset Management is a global asset manager that aims to deliver positive impact for everyone. Trusted by institutions, pension funds, governments, and individuals to manage more than $A735.5 billion in assets globally, we provide access to specialist investment expertise across a range of capabilities including fixed income, equities, multi-asset solutions, private credit, infrastructure, renewables, natural assets, real estate, and transportation finance.

Our COVID-19 policy

In line with local regulations, all Macquarie employees in New York are required to be fully vaccinated against COVID-19 and provide proof of full vaccination in order to attend the office and to participate in external meetings and business travel in New York City, unless a reasonable accommodation is approved or as otherwise required by law. Outside of New York, proof of vaccination is not required to attend a Macquarie office, travel for business, or attend an external business event.

Our commitment to Diversity, Equity and Inclusion

The diversity of our people is one of our greatest strengths. An inclusive and equitable workplace enables us to embrace that diversity to deliver more innovative and sustainable solutions for our people, clients, shareholders and communities. At Macquarie, you'll be encouraged to be yourself and supported to perform at your best. If you're inspired to deliver on our purpose of ‘empowering people to innovate and invest for a better future’, we want you on our team. If you need adjustments made to the recruitment process, please reach out to your recruiter.

All qualified applicants will receive consideration for employment and will not be discriminated against on the basis of race, color, religion, sex, sexual orientation, national origin, age, disability, protected veteran status, genetic information, marital status, gender identity or any other impermissible criterion or circumstance. Macquarie also takes affirmative action in support of its policy to hire and advance in employment of individuals who are minorities, women, protected veterans, and individuals with disabilities.

We equip our people with the support to work in a range of flexible ways. Talk to us about what working arrangements would help you thrive.

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