Trading Assistant - Stamford, United States - Baird

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    Description

    Now is a great time to join Fixed Income Capital Markets at Baird The Agency-Mortgage-Backed Securities (MBS) Trading desk is looking for an analytical and driven professional to join the team as a trading assistant.

    As a Mortgage Backed Securities (MBS) Trading Assistant, you will play a crucial role on our team in a fast-paced trading environment. This is an exciting opportunity for an ambitious and detail-oriented individual who is looking to kickstart their career in the financial industry. We are seeking a highly motivated candidate with a strong interest in MBS trading and a desire to learn and grow. A background in finance, economics, accounting, computer science or related fields is preferred, along with excellent analytical skills, attention to detail, and the ability to thrive in a fast-paced environment.

    As a Fixed Income Agency Mortgage-Backed (MBS) Trading Assistant, you will:

    • Provide support to our MBS trading team, monitor market trends and assist with trade execution and settlement processes.
    • Monitor macro-economic trends and analyze data to identify potential trading opportunities.
    • Conduct research and analysis to support trading strategies and decision-making.
    • Collaborate with team members to develop and implement new trading strategies.
    • Assist finance in ongoing (daily/monthly) profit and loss (P&L) reconciliations.
    • Stay updated on industry and regulatory developments.
    • Develop and maintain relationships with sales associates across the Baird platform.
    • Maintain confidentiality of sensitive information and uphold ethical standards at all times.
    • Utilize systems including Bloomberg, Microsoft Excel, Yieldbook and Intex Dealmaker.
    What makes this opportunity great:
    • Join an industry leader and work alongside our talented Fixed Income Capital Markets team across the United States.
    • Engage in a fast-paced environment enabling you to grow as a professional.
    • Enhance your understanding of fixed income Agency MBS products.
    • Work with a skilled team of associates passionate about achieving great results for clients and giving back to the communities where we live and work.
    • Contribute to a unique culture that values diverse backgrounds and perspectives while emphasizing teamwork and a strong sense of partnership.
    What we look for:
    • Bachelor's degree in Finance, Economics, Accounting or Computer Science is ideal, but not required.
    • FINRA licensed (SIE, 7 and 63) or willingness to become licensed within 90 days of start date.
    • A minimum of 1-3 years of professional experience.
    • Excellent communication skills and possessing a team player approach. Willingness and ability to work additional hours as needed to ensure work is completed in a timely fashion.
    • Attention to detail and a positive "can-do" attitude are a must.
    • Expert Microsoft Excel skills. Have an understanding of standard industry tools (i.e., Bloomberg and Yield Book).
    • Ability to prioritize and complete multiple tasks simultaneously, often under pressure and/or short deadlines.
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    Commitment to Inclusion & Diversity

    Baird is committed to inclusion & diversity for our clients, our associates and the communities where we live and work. This commitment stems from our culture of integrity, genuine concern for others and respect for the individual. We view inclusion & diversity as an ongoing journey - one of shared responsibility, continuous improvement and a focus on progress. We invite you to join us as we work together to foster an environment where diversity unites rather than divides us.