1

Mbs Allocations Jobs (NOW HIRING)

Responsible for best execution analysis and allocations of loans sold as MBS, Cash Windows, or private correspondent buyers. * Has functional knowledge to form and trade FNMA/FHLMC/GNMA pools.

Mortgage Trader

San Diego, CA · On-site

$99K - $150K/yr

Responsible for best execution analysis and allocations of loans sold as MBS, Cash Windows, or private correspondent buyers. * Has functional knowledge to form and trade FNMA/FHLMC/GNMA pools.

... MBS operations (pay-offs, trade assignments, round robins and EPN allocations), and includes oversight of datacenter, connectivity, disaster recovery and the various integration methods. This leader ...

... MBS operations (pay-offs, trade assignments, round robins and EPN allocations), and includes oversight of datacenter, connectivity, disaster recovery and the various integration methods. This leader ...

$75 - $125/hr

TBA/Cash Trades, MBS Pools, Allocations, Settlements, GN Repools, pricing for various products and instruments, Spec payups, and forward Commitments (5%) Import hedge activities into the QRM ...

Mbs Allocations information

See salary details

$26.5K

$110.8K

$158.5K

How much do mbs allocations jobs pay per year?

As of Sep 5, 2026, the average yearly pay for mbs allocations in the United States is $110,790.00, according to ZipRecruiter salary data. Most workers in this role earn between $59,000.00 and $143,000.00 per year, depending on experience, location, and employer.

What is an MBS Allocations?

An MBS Allocations job involves managing the distribution of Mortgage-Backed Securities (MBS) within a firm's portfolio or to clients. Responsibilities often include monitoring trade settlements, ensuring accurate allocation of securities, and coordinating with traders, operations teams, and counterparties. Professionals in this role must have a strong understanding of fixed-income markets, trade processing, and risk management. Effective communication and attention to detail are critical to ensuring compliance with investment guidelines and market regulations.

What does an MBS Allocations do?

In an MBS Allocations role, your day-to-day work would involve processing and reconciling trade allocations, collaborating with traders, portfolio managers, and operations teams to ensure proper settlement of mortgage-backed securities transactions, and monitoring for discrepancies or exceptions. You'll also analyze data to optimize allocation strategies, maintain detailed records, and support regulatory or compliance reporting as needed. The environment is fast-paced and detail-oriented, requiring frequent cross-team communication to meet strict deadlines, making organizational skills and the ability to handle multiple tasks simultaneously especially important for success.

What are the key skills and qualifications needed to thrive in the MBS Allocations position?

Success in an MBS Allocations role requires strong analytical and quantitative skills, deep understanding of mortgage-backed securities (MBS) markets, and often a degree in finance, economics, or a related field. Familiarity with trading platforms, risk management systems, and advanced Excel or programming skills (such as Python or VBA) is highly valuable, and certifications like the CFA can be advantageous. Effective communication, problem-solving abilities, and attention to detail help professionals excel in fast-paced environments. These competencies ensure accurate trade allocations, mitigate financial risk, and maintain streamlined operations in the dynamic world of MBS trading.

More about Mbs Allocations jobs

What cities are hiring for Mbs Allocations jobs?

Cities with the most Mbs Allocations job openings:

What are the most commonly searched types of Mbs Allocations jobs?

The most popular types of Mbs Allocations jobs are:

What states have the most Mbs Allocations jobs?

States with the most job openings for Mbs Allocations jobs include:

Infographic showing various Mbs Allocations job openings in the United States as of August 2026, with employment types broken down into 95% Full Time, 3% Part Time, and 2% Contract. Highlights an 86% Physical, 7% Hybrid, and 7% Remote job distribution, with an average salary of $110,790 per year, or $53.3 per hour.

Agency MBS Senior Analyst/Trader

The TCW Group

Los Angeles, CA • On-site

$250K - $275K/yr

Full-time

Medical, Dental, Vision, Retirement, PTO

Re-posted 20 days ago


Job description

Position Summary
This position is based in TCW's Los Angeles office and reports to the Co-Heads of Global Securitized Products within TCW's Fixed Income team. The role requires working onsite five days per week. The Senior Analyst/Trader will join the Agency MBS team (and the broader Global Securitized team) to provide market surveillance, investment analysis, best execution, and portfolio optimization across TCW's managed portfolios. These portfolios span a range of investment styles, including Agency MBS benchmarked, Core Plus, Unconstrained, and a suite of dedicated securitized strategies targeting returns from cash +150 bps to +500 bps.
Essential Duties
Agency MBS Market Coverage & Investment Activity
  • Trading & Execution: Execute Agency MBS trades across specified pools, TBAs, and CMO structures with precision and efficiency
  • Portfolio Management: Collaborate with portfolio managers to optimize allocations, and help manage duration, convexity, and prepayment risk.
  • Market Analysis: Monitor market trends, rate movements, and liquidity conditions to identify opportunities and mitigate risk.
  • Client Interaction: Support client inquiries, provide market color, and assist in structuring solutions tailored to client objectives.
  • Risk Oversight: Ensure compliance with internal risk limits and regulatory requirements.
  • Collaboration: Work closely with Rates, Risk and Operations teams in day-to-day trading and execution; work closely with proprietary analytics developers to enhance workflow and trading efficiency
  • Training and mentoring: A Team player who can effectively work with and provide leadership to others.

Required Qualifications
  • Bachelor's degree; minimum 10 years of buy-side or sell-side experience trading Agency MBS.
  • Proficiency in Yield Book, TradeWeb, Bloomberg, advanced MS Excel, and Intex.
  • Experience with Python, SQL, and/or VBA.

Professional Skills Qualifications
  • Excellent verbal and written communication skills.
  • Highly motivated and resourceful with strong work ethic and entrepreneurial mindset.

Desired Qualifications
  • Graduate degree and/or CFA designation preferred; or, equivalent work experience

This role requires candidates to work from a TCW office five days a week.
Estimated Compensation:
Base Salary: For CA based position, the base salary range is $250k-$275k. This represents base salary range only.
Other Compensation and Benefits: In addition to base salary, employees are eligible for a discretionary bonus and a comprehensive benefits package designed to support you and your family, invest in your health and wellbeing, and help build long-term financial security. Benefits include medical, dental, and vision coverage, retirement benefits, and paid time off. These benefits reflect our commitment to supporting the health, wellbeing, and long-term financial security of our employees and their families.
#LI-SW1 #LI-Hybrid