Trader / Analyst - Mortgage-Backed Securities Project Analyst

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Description Req ID: 2873

Job Title: Trader/Analyst - Mortgage-Backed Securities Project Analyst (MBS)

Group: Markets Group

Location: HO - New York, NY (Head Office)

Job Status: Full-Time

Area Overview:
Domestic Capital Markets (DCM), within the Markets Group at the Federal Reserve Bank of New York (FRBNY), is seeking to fill a position for a Project Analyst in support of the System Open Markets Accounting (SOMA) Mortgage-Backed Securities (MBS) purchase program.

DCM is responsible for monitoring domestic capital markets on matters related to financial stability and monetary policy. It is also responsible for execution of several operations related to the execution of Monetary Policy.

JOB RESPONSIBILITIES:

The successful candidate would contribute and lead analytical projects related to the MBS purchase program. The Project Analyst would contribute to projects related to policy objective of the program, business planning and program impact analysis. The Project Analyst would also contribute to market monitoring analysis of the MBS marketplace and the impact of the MBS purchase program.

The Project Analyst will contribute, and at times, lead groups of contributors from other areas of the Markets Group and the FRBNY. Most analysis will the take the form of memos and briefings summarizing data and qualitative analysis.

Position Requirements:

JOB REQUIREMENTS:

The ideal candidate would have the following qualifications:
# Master’s level degree in Business, Economics, Policy or a related area;
# At least three years of work experience in trading or analysis of financial market products, relevant experience with MBS and/or portfolio management a plus;
# Strong quantitative skills and proven ability in working with and understanding market data including volumes, spreads, etc.;
# Demonstrated analytical skills, including substantial knowledge of financial instruments, market structure, macroeconomic theory, and monetary policy;
# Ability to analyze complex market issues, make decisions quickly, and respond under pressure;
# Strong written and verbal communication skills; ability to extract larger themes while providing concise, articulate, and insightful analysis in both written and verbal form;
Ability to work productively on a high-performance team and as an independent analyst.
Requirements

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Trader / Analyst - MBS Specialist

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Description Req ID: 2867

Job Title: Trader/Analyst- MBS Specialist

Group: Markets Group

Location: HO - New York, NY (Head Office)

Job Status: Full-Time

Area Overview:
OVERVIEW:
Mortgage Finance Markets (MFM) is seeking a Trader/Analyst to provide specialty market coverage in the area of the Mortgage-Backed Securities (MBS) markets. MFM is responsible for monitoring domestic capital markets and informing policy makers on matters related to monetary policy and financial stability. These markets include Agency MBS, non-Agency MBS, CMBS and swaps.

Job Responsibilities:
JOB RESPONSIBILITES:
The successful candidate would be expected to conduct analysis on trends in the MBS market and the broader mortgage finance. This will entail tracking price action and liquidity conditions in various mortgage finance markets. A key element will also be to understand the market microstructure against which price movements take place and the conditions under which they could negatively impact market liquidity and financial stability. To this end, the candidate would be expected to develop extensive contacts with market participants, both primary dealers and buy-side investors. This analysis would take the form of daily written briefings. In addition, the analyst would be expected to lead and contribute to short and medium-term focused analytical briefings.
The candidate would also contribute to the Groups broader efforts to monitor financial markets globally for the FOMC and the Treasury, through the coordination of daily written briefings and conference calls and market overview reports. To support this work each Trader/Analyst id expected to complete a 9 month applied study course on global market monitoring and analysis within their first two years of service.

Position Requirements:

JOB REQUIREMENTS:
The ideal candidate would have the following qualifications:
# Master’s level degree in Business, Economics, Policy or related area;
# Three to five years of work experience in MBS trading and/or analysis;
# Strong quantitative skills and proven ability in working with and understanding market data including volumes, spreads, etc.;
# Demonstrated analytical skills, including substantial knowledge of financial instruments, market structures, macroeconomic theory, and monetary policy;
# Ability to analyze complex market issues, make decisions quickly, and respond under pressure;
# Strong written and verbal communication skills; ability to extract larger themes while providing concise, articulate and insightful analyses in both written and verbal form;
# Ability to work productively on a high-performance team and as an independent analyst.

This position requires access to FOMC information, which is limited to “Protected Individuals” as defined in the U.S. federal immigration law. Protected Individuals include but are not limited to U.S. citizens, U.S. nationals, U.S. permanent residents who are not yet eligible to apply for naturalization, and U.S. permanent residents who have applied for naturalization within six months of being eligible to do so.

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Trader/Analyst - Fijavascript:void(0)nancial Analyst DCM

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Description Req ID: 2742

Job Title: Trader/Analyst - Financial Analyst DCM

Group: Markets Group

Location: HO - New York, NY (Head Office)

Job Status: Full-Time

Area Overview:
Domestic Capital Markets (DCM), within the Markets Group is seeking a senior Trader/analyst to provide specialty market coverage in the area of corporate credit. DCM is responsible for monitoring non-Treasury and non-FX markets for the purpose of informing policy makers on matters related to monetary policy and financial stability. These markets include equities, credit, commodities, mortgages, swaps and agencies.

More specifically, the candidate would be expected to develop a macro approach towards analyzing corporate credit with a focus on those high-grade and high-yield sectors that have implications for monetary policy and financial stability. This will entail tracking credit spread movements in both cash and derivatives markets and understanding how they are impacted by changes in the macro environment. This will also entail informing policy makers on what these markets say about the macro environment and market liquidity. A key element will also be to understand the market microstructure against which price movements take place and the conditions under which they could negatively impact market liquidity and financial stability. To this end, the candidate would be expected to develop extensive contacts with corporate credit market participants – both primary dealers and buy-side investors -- as well as to interface with other areas of the bank, such as Bank Supervision and Research.

The candidate would also contribute to the Group’s broader efforts to monitor financial markets globally for the FOMC and the Treasury, through desk rotations, daily written briefings and conference calls and market overview reports.

Position Requirements:
The ideal candidate would have the following qualifications:

# Master’s level degree in Business, Economics, Policy or a related area;
# At least two to three years of work experience in corporate credit trading or fundamental credit analysis;
# Strong quantitative skills and proven ability in working with and understanding credit market data including volumes, spreads, etc. ;
# Demonstrated analytical skills, including substantial knowledge of financial instruments, market structure, macroeconomic theory, and monetary policy;
# Ability to analyze complex market issues, make decisions quickly, and respond under pressure;
# Strong written and verbal communication skills; ability to extract larger themes while providing concise, articulate, and insightful analysis in both written and verbal form;
# Ability to work productively on a high-performance team and as an independent analyst.

This position requires access to FOMC information, which is limited to "Protected Individuals" as defined in the U.S. federal immigration law. Protected Individuals include, but are not limited to, U.S. citizens, U.S. nationals, U.S. permanent residents who are not yet eligible to apply for naturalization, and U.S. permanent residents who have applied for naturalization within six months of being eligible to do so.

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Trader / Analyst - Financial Analyst

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Description Req ID: 2742

Job Title: Trader/Analyst - Financial Analyst DCM

Group: Markets Group

Location: HO - New York, NY (Head Office)

Job Status: Full-Time

Area Overview:
Domestic Capital Markets (DCM), within the Markets Group is seeking a senior Trader/analyst to provide specialty market coverage in the area of corporate credit. DCM is responsible for monitoring non-Treasury and non-FX markets for the purpose of informing policy makers on matters related to monetary policy and financial stability. These markets include equities, credit, commodities, mortgages, swaps and agencies.

More specifically, the candidate would be expected to develop a macro approach towards analyzing corporate credit with a focus on those high-grade and high-yield sectors that have implications for monetary policy and financial stability. This will entail tracking credit spread movements in both cash and derivatives markets and understanding how they are impacted by changes in the macro environment. This will also entail informing policy makers on what these markets say about the macro environment and market liquidity. A key element will also be to understand the market microstructure against which price movements take place and the conditions under which they could negatively impact market liquidity and financial stability. To this end, the candidate would be expected to develop extensive contacts with corporate credit market participants – both primary dealers and buy-side investors -- as well as to interface with other areas of the bank, such as Bank Supervision and Research.

The candidate would also contribute to the Group’s broader efforts to monitor financial markets globally for the FOMC and the Treasury, through desk rotations, daily written briefings and conference calls and market overview reports.

Position Requirements:
The ideal candidate would have the following qualifications:

# Master’s level degree in Business, Economics, Policy or a related area;
# At least two to three years of work experience in corporate credit trading or fundamental credit analysis;
# Strong quantitative skills and proven ability in working with and understanding credit market data including volumes, spreads, etc. ;
# Demonstrated analytical skills, including substantial knowledge of financial instruments, market structure, macroeconomic theory, and monetary policy;
# Ability to analyze complex market issues, make decisions quickly, and respond under pressure;
# Strong written and verbal communication skills; ability to extract larger themes while providing concise, articulate, and insightful analysis in both written and verbal form;
# Ability to work productively on a high-performance team and as an independent analyst.

This position requires access to FOMC information, which is limited to "Protected Individuals" as defined in the U.S. federal immigration law. Protected Individuals include, but are not limited to, U.S. citizens, U.S. nationals, U.S. permanent residents who are not yet eligible to apply for naturalization, and U.S. permanent residents who have applied for naturalization within six months of being eligible to do so.

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Trader/Analyst Financial Institutions-Markets Group

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Job Title: Trader/Analyst(Sr A) Financial Institutions-Markets Group

Group: Markets Group

Location: HO - New York, NY (Head Office)

Job Status: Full-Time

Area Overview:

Trader Analyst - Financial Institution Structures and Conditions
Domestic Capital Markets (DCM), within the Markets Group is seeking a senior Trader/analyst to provide specialty market coverage in the area of corporate credit. DCM is responsible for monitoring non-Treasury and non-FX markets for the purpose of informing policy makers on matters related to monetary policy and financial stability. These markets include equities, credit, commodities, mortgages, swaps and agencies.

Job Responsibilities:

The candidate would be expected to develop a macro approach towards analyzing corporate credit with a focus on those high-grade and high-yield sectors that have implications for monetary policy and financial stability. This will entail tracking credit spread movements in both cash and derivatives markets and understanding how they are impacted by changes in the macro environment. This will also entail informing policy makers on what these markets say about the macro environment and market liquidity. A key element will also be to understand the market microstructure against which price movements take place and the conditions under which they could negatively impact market liquidity and financial stability. To this end, the candidate would be expected to develop extensive contacts with corporate credit market participants – both primary dealers and buy-side investors -- as well as to interface with other areas of the bank. The candidate would also contribute to the Group’s broader efforts to monitor financial markets globally for the FOMC and the Treasury, through desk rotations, daily written briefings and conference calls and market overview reports. The candidate will periodically contribute to policy focus groups and other internal policy teams.

# Perform financial analysis of banks, insurance companies, hedge funds and other capital providers with an emphasis of understanding balance sheet dynamics.
# Perform comprehensive analysis of financial institution structures, strategies, risk management practices,
# Develop policy responses to market functioning issues across domestic markets.
# Contribute insight into the desk’s daily products and in-depth briefings in coordination
# Identify and articulate emerging trends in capital flows in traditional and non-traditional suppliers of capital.
# Evaluation of bank reform efforts and impact of reforms on financial institutions
# Evaluate potential impact of an institution’s failure on asset market functioning.
# Serve as a resource for market analysis and policy development as it relates to capital supply.
# Serve as a central contact for bank strategies and treasurers for day to day desk analysis
# Act as a liaison to the Bank Supervision Group to leverage internal resources and data.
# Monitor key data on bank positions holdings

Position Requirements:

The ideal candidate would have the following qualifications:
# Master’s level degree in Business, Economics, Policy or a related area;
# At least two to three years of work experience in corporate credit trading or fundamental credit analysis;
# Strong quantitative skills and proven ability in working with and understanding credit market data including volumes, spreads, etc. ;
# Demonstrated analytical skills, including substantial knowledge of financial instruments, market structure, macroeconomic theory, and monetary policy;
# Ability to analyze complex market issues, make decisions quickly, and respond under pressure;
# Strong written and verbal communication skills; ability to extract larger themes while providing concise, articulate, and insightful analysis in both written and verbal form;
# Ability to work productively on a high-performance team and as an independent analyst.

This position requires access to FOMC information, which is limited to "Protected Individuals" as defined in the U.S. federal immigration law. Protected Individuals include, but are not limited to, U.S. citizens, U.S. nationals, U.S. permanent residents who are not yet eligible to apply for naturalization, and U.S. permanent residents who have applied for naturalization within six months of being eligible to do so.

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Senior Trader / Analyst - Markets - Fed Reserve NY

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Description
Senior Trader / Analyst - Markets
About Us:

The Federal Reserve Bank of New York is one of 12 regional Reserve Banks which, together with the Board of Governors in Washington, D.C., make up the Federal Reserve System. The "Fed," as the system is commonly called, is an independent governmental entity created by Congress in 1913 to serve as the central bank of the United States.

Area Overview:

The Treasury Market Policy staff is seeking a senior Trader Analyst. The Treasury Market Policy staff is one of six trading Desk staffs on the Open Market Trading Desk at the Federal Reserve Bank of New York. The Treasury Market Policy Staff fulfills a range of responsibilities, from executing permanent open market operations to supporting Treasury debt management activities. As part of the Desk, these positions provide an opportunity for involvement in the Bank’s key objectives: contributing to the development and implementation of monetary policy and providing safe and efficient financial services to the U.S. government.

Specifically, the TMP staff provides market monitoring and in-depth analysis and reporting on developments in the Treasury market. The staff is also responsible for carrying out the Bank’s Treasury market surveillance mission, coordinating with the Inter-Agency Working Group on Market Surveillance (“IAWG”) and activities related to the Bank’s sponsorship of the Treasury Market Practices Group (“TMPG”). Operational responsibilities on behalf of the FOMC include purchases and sales of US Treasury securities to permanently change the level of reserves in the banking system and the lending of securities from the System Open Market Account (“SOMA”) portfolio. The staff also transacts in the US Treasury markets as agent for foreign central bank customers. Further analytical and project-related work for the Treasury Department includes support for debt management decisions.

Responsibilities of Senior Trader / Analyst - Markets:

* The Treasury Market Policy staff seeks to add a Trader Analyst to manage one of the major business lines.
* Contribute to analytical projects related to the promotion of the smooth functioning of the Treasury market.
* Monitor, analyze, write and report to policy makers on developments in the Treasury market.
* The position will involve frequent contact with market participants, senior officials at the FRBNY and Board of Governors, and the Treasury Department.

Requirements
Senior Trader / Analyst - Markets
Requirements for Senior Trader / Analyst - Markets:

* Graduate degree in business, public policy, finance, economics or similar discipline and at least three to four years of relevant work experience.
* Extensive experience (3-4) in analysis of broad financial market developments.
* Ability to analyze complex market issues, make decisions and respond under pressure.
* A strong sense of initiative.
* Excellent organizational skills to manage multiple projects at once under time pressure.
* Ability to work productively on a high-performance team and as an independent analyst.
* Knowledge of fixed income markets, particularly the Treasury market a plus.
* Experience with or detailed knowledge of trading operations in fixed income markets is highly desirable.
* Experience with Bloomberg and Reuters, Excel and Access preferred.

In some cases, positions require access to confidential supervisory information, which is limited to "Protected Individuals" as defined in the U.S. federal immigration law. Protected Individuals include, but are not limited to, U.S. citizens, U.S. nationals, U.S. permanent residents who are not yet eligible to apply for naturalization, and U.S. permanent residents who have applied for naturalization within six months of being eligible to do so.

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