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Mbs Allocations Jobs (NOW HIRING)

Guild

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.

Guild Mortgage

Mortgage Trader

San Diego, CA

$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.

Technical Paradigm LLC

Software Developer

Chicago, IL · Remote

... 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 ...

Technical Paradigm LLC

Software Developer

Chicago, IL · On-site +1

... 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 ...

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Mbs Allocations information

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$26.5K

$110.8K

$158.5K

How much do mbs allocations jobs pay per year?

As of Jun 10, 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 are typical daily responsibilities for someone working in MBS Allocations?

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, and why are they important?

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.

What is an MBS Allocations job?

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.

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Mbs Allocations jobs near you
Infographic showing various Mbs Allocations job openings in the United States as of June 2026, with employment types broken down into 100% Full Time. Highlights an 80% In-person, and 20% Remote job distribution, with an average salary of $110,790 per year, or $53.3 per hour.

MBS Allocations/Middle Office- AVP/VP

Mizuho Financial Group

New York, NY • Hybrid

$82K - $145K/yr

Full-time

Posted 5 hours ago

Job description

The MBS Allocations (Fixed Income Middle Office) supports the day-to-day allocation and lifecycle processing for Agency MBS TBA trades and specified pools, ensuringaccuratetrade capture, matching/affirmation, position integrity, andtimelysettlement. This role partners with Trading, Sales, Operations, Finance, Risk, and Technology toidentifyand resolve issues across the fixed income trade lifecycle.Theposition contributes to reducing operational risk, supports process improvements/automation efforts, and helps ensure adherence to internal policies and market deadlines.

Essential Job Duties

  • Execute daily allocation of Agency MBS TBA trades across accounts/strategies, ensuring adherence to allocation policies, good delivery, client guidelines, and cutoff times

  • Monitor TBA and pool positions (pair-offs, rolls, substitutions, and netting) and coordinate with Trading toanticipateoperational impacts and help prevent position breaks

  • Provide day-to-day trader support including trade entry and capture;validatetrade economics and required identifiers (e.g., counterparty, broker, settlement date, pool details where applicable) to supporttimelyMBSCC processing

  • Support integrity of trade capture and downstream bookings by reviewing key economics (coupon, settlement date, factor, price/yield, fees) andassistingwith the processing of amendments/cancellationsin accordance withprocedures

  • Monitor MBSCC/DTCC matching and affirmation; track unmatched items and exceptions and coordinatetimelyresolution with counterparties and internal stakeholders

  • Support failsresolutionin partnership with Settlements/Operations; communicate status to the desk, document issues, and escalate items appropriately

  • Support position/P&L integrity by reviewing reconciliation outputs, prioritizing break remediation, and partnering with Finance/Risk as needed to resolve issues

  • Coordinate newissueand secondary securitized support as needed (CUSIP setup requests, factor updates, announcements), helping ensureaccuratestatic data and controlled implementation of changes

  • Support allocation and lifecycle controls:maintainprocedures and evidence asrequired,assistwith audit/regulatory requests, and escalate operational risk eventsin accordance withpolicy

  • Manage and process MBSCC trade assignmentsas neededfor Agency MBS TBA trades, ensuringtimelysubmission andaccurateassignment details in line with desk instructions and market cutoffs.

Qualifications

  • 7-12+ years of experience in Agency MBS (TBA and specified pools) middle office/trade support/allocations

  • Deep understanding of the MBS trade lifecycle including TBA settlement conventions, pair-offs, dollar rolls,tradeassignment processes, and fails/claims; able to advise stakeholders on operational implications.

  • Strong working knowledge of DTCC/MBSCC workflows and exception management; proven ability to drive complex, cross-functional issue resolution under tight deadlines.

  • Strong systems aptitude with hands-on experience using ION,Bloomberg, MBSE and Impactto support trade capture, allocation workflows, and reconciliations

  • Advanced Excel skills (pivot tables, lookups) and strong analyticalskills

  • Demonstrated ability to thrive in a fast-paced, dynamic environment-prioritizing competing deadlines, adapting to changing desk needs/market conditions, andmaintainingaccuracy and control.

  • Bachelor's degreerequired; relevant certifications are a plus.

The expected base salary ranges from $82,000 - $145,000. Salary offers are based on a wide range of factors including relevant skills, training, experience, education, and, where applicable, certifications and licensesobtained. Market and organizational factors are also considered. In addition to salary and a generous employee benefits package, successful candidates are eligible to receive a discretionary bonus.

#LI-Hybrid

Other requirements

Mizuho has in place a hybrid working program, with varying opportunities for remote work depending on the nature of the role, needs of your department, as well as local laws and regulatory obligations. Roles in some of our departments have greater in-office requirements that will be communicated to you as part of the recruitment process.

Company Overview

Mizuho Financial Group, Inc. is the 15th largest bank in the world as measured by total assets of ~$2 trillion. Mizuho's 60,000 employees worldwide offer comprehensive financial services to clients in 35 countries and 800 offices throughout the Americas, EMEA and Asia. Mizuho Americas is a leading provider of corporate and investment banking services to clients in the US, Canada, and Latin America. Through its acquisition of Greenhill, Mizuho provides M&A, restructuring and private capital advisory capabilities across Americas, Europe and Asia. Mizuho Americas employs approximately 3,500 professionals, and its capabilities span corporate and investment banking, capital markets, equity and fixed income sales & trading, derivatives, FX, custody and research. Visit www.mizuhoamericas.com.

Mizuho Americasoffers a competitive total rewards package.

We are an EEO/AA Employer -M/F/Disability/Veteran.

We participate in the E-Verify program.

We maintain a drug-free workplace and reserve the right to require pre- and post-hire drug testing as permitted by applicable law.

#LI-MIZUHO

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