Hybrid MBS Allocations – AVP/VP

Posted 2 hours ago

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About the role

  • MBS Allocations role at Mizuho handling Agency MBS TBA trades and lifecycle processing. Collaborating with Trading, Operations, and Risk to ensure adherence to internal policies and market deadlines.

Responsibilities

  • Execute daily allocation of Agency MBS TBA trades across accounts/strategies
  • Monitor TBA and pool positions and coordinate with Trading
  • Provide day-to-day trader support including trade entry and capture
  • Support integrity of trade capture and downstream bookings
  • Monitor MBSCC/DTCC matching and affirmation
  • Support fails resolution in partnership with Settlements/Operations
  • Support position/P&L integrity by reviewing reconciliation outputs
  • Coordinate new issue and secondary securitized support as needed
  • Support allocation and lifecycle controls
  • Manage and process MBSCC trade assignments as needed

Requirements

  • 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, trade assignment processes, and fails/claims
  • 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 Impact
  • Advanced Excel skills (pivot tables, lookups) and strong analytical skills
  • Demonstrated ability to thrive in a fast-paced, dynamic environment
  • Bachelor's degree required; relevant certifications are a plus.

Benefits

  • Generous employee benefits package
  • Discretionary bonus

Job title

MBS Allocations – AVP/VP

Job type

Experience level

Lead

Salary

$82,000 - $145,000 per year

Degree requirement

Bachelor's Degree

Location requirements

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