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Mbs Trader Jobs (NOW HIRING)

Conning

Analyst, MBS Trader

Hartford, CT · On-site

The Mortgage-Backed Securities (MBS) Trader will be an integral part of the investment team and will be responsible for generating, executing, and communicating investment ideas. This individual will ...

Citigroup, Inc.

Agency MBS Trader - VP

New York, NY · On-site

$175K - $250K/yr

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 ...

BNP Paribas

Vice President, Agency MBS Trader

New York, NY · On-site

$147K - $265K/yr

Vice President, Agency MBS Trader Location: 787 Seventh Avenue, New York, NY 10019 Duties:Bid and offer Agency Mortgage-Backed Securities ("MBS") specified pools from origination and secondary lists.

AD Mortgage

Capital Markets Head Trader

Troy, MI · On-site

About this opportunity As the Head of MBS Trading, you will oversee the pricing, hedging, trading, and execution of our mortgage portfolio. You will manage the pooling decision, pipeline risk ...

Man Group

Securitized Products Trader

Boston, NY

Execute trades across Agency MBS, CMOs, and other structured products. * Drive best execution and source liquidity via different channels. * Cultivate counterparty relationships to gather market ...

Northbound Search

MBS Associate

Manhattan, NY · On-site

Liaise with the Trading Desk to manage the firm's liquidity requirements * Provide support for the entire lifecycle all products traded including MBS, Treasuries derivatives, repos, etc. * Forecast ...

BOK Financial

CMO Structurer - Trader I

Greenwich, CT

$80K - $100K/yr

Trading Pay Transparency Salary Range: $80,000 - $100,000 Application Deadline: 07/24/2026 BOK ... Source appropriate MBS collateral pools in coordination with the Structured Products Group and the ...

BOK Financial

CMO Structurer - Trader I

Stamford, CT · On-site

$80K - $100K/yr

Trading Pay Transparency Salary Range: $80,000 - $100,000 Application Deadline: 07/24/2026 BOK ... Source appropriate MBS collateral pools in coordination with the Structured Products Group and the ...

BOK Financial

CMO Structurer - Trader I

Greenwich, CT · On-site

$80K - $100K/yr

Trading Pay Transparency Salary Range: $80,000 - $100,000 Application Deadline: 07/24/2026 BOK ... Source appropriate MBS collateral pools in coordination with the Structured Products Group and the ...

BOK Financial

CMO Structurer - Trader I

Stamford, CT

$80K - $100K/yr

Trading Pay Transparency Salary Range: $80,000 - $100,000 Application Deadline: 07/24/2026 BOK ... Source appropriate MBS collateral pools in coordination with the Structured Products Group and the ...

Peak6 Investments LLC

$180 - $240/hr

... trading strategy and execution across Treasuries, corporates, municipals, agencies ... MBS, and ABS. This role sits at the intersection of markets, product, engineering, and client ...

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Mbs Trader information

See salary details

$39.5K

$96.8K

$269.5K

How much do mbs trader jobs pay per year?

As of Aug 22, 2026, the average yearly pay for mbs trader in the United States is $96,774.00, according to ZipRecruiter salary data. Most workers in this role earn between $56,500.00 and $105,500.00 per year, depending on experience, location, and employer.

What does an MBS trader do?

An MBS Trader buys and sells mortgage-backed securities (MBS) in financial markets. They analyze market trends, interest rates, and prepayment risks to make informed trading decisions. Their goal is to maximize profit while managing risks associated with mortgage-backed securities. MBS Traders often work at investment banks, hedge funds, or asset management firms. Strong quantitative skills and knowledge of fixed-income securities are crucial for success in this role.

What does a typical day look like for an MBS trader?

A typical day for an MBS Trader involves monitoring mortgage-backed security markets, analyzing current economic conditions, and executing trades based on client needs or strategic objectives. You will often interact with sales teams, portfolio managers, and risk management experts to inform trading decisions and deliver market insights. The role also includes preparing market commentary, reviewing performance metrics, and staying updated on regulatory changes that may affect trading strategies. Working under tight deadlines and responding rapidly to market movements are common aspects of the job, making it both challenging and rewarding for those who thrive in fast-paced environments.

What are the key skills and qualifications needed to thrive as an MBS trader?

To thrive as an MBS Trader, you need a solid understanding of mortgage-backed securities, financial markets, and quantitative analysis, typically supported by a degree in finance, economics, or a related field. Familiarity with trading platforms (such as Bloomberg or Tradeweb), risk management tools, and FINRA Series 7 or 63 certifications is often necessary. Strong analytical thinking, attention to detail, and effective communication skills help traders excel in fast-paced environments and collaborate with clients or internal teams. These skills are vital for executing trades efficiently, managing risk, and driving profitability in a dynamic market setting.

How much do MBS traders make?

MBS traders, who buy and sell mortgage-backed securities, typically earn a base salary ranging from $70,000 to $150,000 annually, with total compensation often including bonuses that can significantly increase earnings based on performance. Experienced traders or those working at large financial institutions can earn well over $200,000 per year. Compensation depends on factors such as experience, trading success, and the firm's size.

How much do Mbs traders get paid?

MBS traders typically earn a salary that ranges from $70,000 to over $150,000 annually, depending on experience, location, and performance. Compensation often includes bonuses based on trading success and market conditions, and strong analytical skills and knowledge of mortgage-backed securities are essential for success in this role.
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Mbs Trader jobs near you
Infographic showing various Mbs Trader job openings in the United States as of August 2026, with employment types broken down into 90% Full Time, and 10% Contract. Highlights an 100% In-person job distribution, with an average salary of $96,774 per year, or $46.5 per hour.

Analyst, MBS Trader

Conning

Hartford, CT • On-site

Full-time

Posted 15 days ago

Job description

Conning is a leading global investment management firm with a long history of serving the insurance industry.

We develop customized investment strategies that address our clients' unique objectives, requirements and tolerance for risk. We develop solutions by leveraging Conning's risk management tools and utilizing a highly disciplined investment process that relies on fundamental analysis.

The Mortgage-Backed Securities (MBS) Trader will be an integral part of the investment team and will be responsible for generating, executing, and communicating investment ideas. This individual will track MBS markets to help form views on relative value and investment themes. The individual will execute MBS trades while monitoring primary and secondary market flows. This individual will also discuss MBS markets, macroeconomics, and US rates with portfolio managers, analysts, clients and prospects.

Responsibilities

Evaluate, develop and present ideas / execute MBS trades. Maintain up to date knowledge of market conditions, flows, dealer axes, secondary BWICs across MBS. Develop and maintain relationships sell side traders and sales to ensure access to issuance, ideas and market information flow. (40%)
Provide market commentary for internal and external uses. Provide market information, trends, and recommendations to trading and portfolio management groups on the MBS market. (25%)
Provide sector expertise and knowledge base required to service existing clients as well as prospective clients via conference calls, meeting presentations, and other documentation. (15%)
Represent Conning in client and prospective client meetings. (10%)
Serve as a backup to the non-agency RMBS trading function. (10%)
Initial coverage includes TBA, specified pools, CMOs, derivatives.

Requirements

MBA and/or CFA designation preferred.
Team oriented individual with ability to work well with diverse groups of traders, credit analysts and portfolio managers.
Existing relationships with sell side traders and/or salespeople with the ability to effectively communicate with the broker/dealer community preferred.
Experience with investment systems, including Bloomberg and YieldBook.
Excellent communication and analytic skills.
Ability to work under pressure and time constraints.
Strong aptitude for handling multiple tasks simultaneously.
Experience with analysis, structure and/or trading MBS.
0-3 years of trading experience.

Decision Making Level/Position Latitude

Significant autonomy under the SP team

Position Scope Data

No direct reports.
Significantly contributes to the success of the SP team and the team's overall performance.

Conning is an equal opportunity employer. Our company embraces the principles of inclusion; our employees can bring the best version of themselves to work every day. We thrive in an environment where everyone's voice is heard, every idea counts, and the differences of our employees are valued. We provide reasonable accommodations to those who need them.

If you are unable to complete this application due to a disability, contact us to ask for an accommodation or an alternative application process.

We are an Equal Opportunity Employer and do not discriminate against any employee or applicant for employment because of race, color, sex, age, national origin, religion, sexual orientation, gender identity, status as a veteran, and basis of disability or any other federal, state or local protected class.

Applicants must exhibit a strong commitment to meet compliance obligations reflecting Conning'score values of honesty and integrity; must accept responsibility for compliance in each role and comply with all applicable rules, regulations, and legal requirements.

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