Single PositionExplore a Career With UsView All JobsAgency MBS TraderNEW YORK, New York, United States of America No longer accepting applications.Job ID26975916Date posted06/29/2026DepartmentInstitutional TradingJob Overview:The Agency Mortgage Trading business is part of the Spread Products Sales & Trading Division. The successful candidate will support the day-to-day activities of the trading desk, including market making, risk management, relative value analysis, client engagement, and collaboration with Sales, Research, Quantitative Analytics, Technology, and Risk & Control partners. The role requires strong market judgment, analytical capabilities, and leadership skills, with a focus on driving performance, enhancing risk management, and improving trading processesThis position is based in New York and requires occasional travel.Responsibilities:Manage Agency MBS risk positions and execute trading strategies.Generate trade ideas through analysis of mortgage markets and prepayment dynamics.Partner with Sales to provide market liquidity, market insights, and client solutions.Collaborate with Research, Quantitative Analytics, and Technology teams to enhance trading and risk management capabilities.Drive process improvements and automation initiatives to improve desk efficiency.Ensure compliance with internal risk limits, controls, and regulatory requirements.Qualifications:4+ years of experience in Agency MBS trading, strategy, or portfolio management.Extensive experience trading or analyzing TBAs, Specified Pool, CMO, and/or mortgage derivatives.Strong understanding of Agency MBS, fixed income markets, interest rates, and options.Demonstrated ability to generate actionable trade ideas and manage risk effectively.Strong analytical and quantitative skills; proficiency in Python, SQL, or similar tools preferred.Excellent communication, collaboration, and decision-making skills.Bachelor's degree required.Education:Bachelor’s degree/University degree or equivalent experience This site uses only strictly necessary cookies to perform basic functions. You may adjust the settings of your internet browser to reject or block all cookies or trackers, but doing so may affect how the website functions. This website is hosted by an external service provider and all cookies are controlled and configured by Citi. For detailed information please read our Citi Careers Cookie Policy.I have read the cookie notice
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