• Competitive
  • Raleigh, NC, USA
  • Permanent, Full time
  • Credit Suisse -
  • 24 May 18

MBS Allocator # 109745

We Offer
The MBS Allocations Department executes pre-settlement processes, centering on the allocation of MBS bonds to TBA trades in a fast pace, time constraint environment.

The responsibilities of the MBS Allocator include:
  • The allocation of FNMA, FHLMC, and GNMA bonds to the respective TBA based on the Strategy of the MBS trading desk and in accordance to SIFMA guidelines.
  • Maintenance and supervisor of the Product inventory and the Traders' position.
  • Contact trade counterparties with the proper allocations and resolve discrepancies.
  • You will monitor MBS fails and resolve with potential pool changes, round robins, and trade assignments.
  • You will keep in constant communication with the traders/ Front Office, notifying them of position changes, stipulated trades, client discrepancies, and potential risk scenarios.
  • You will monitor error queues, mismatches trades, and FICC breaks (Fixed Income Clearing Corp).

Credit Suisse maintains a Working Flexibility Policy, subject to the terms as set forth in the Credit Suisse United States Employment Handbook.

You Offer
Your characteristics may include:
  • Undergraduate degree required, business concentration highly preferred.
  • You have 2 years' experience in the financial services industry preferred.
  • You have prior knowledge of Mortgage Backed Securities preferred but not required.
  • Your preference for an exciting environment within a global investment bank, with frequent interaction with clients, traders and other functional areas within and outside the firm.
  • Do you have an excellent interpersonal and time management skills?
  • Are you able to problem solve quickly and work under pressure?
  • You have strong Excel skills and comfortable using Excel spreadsheets a plus.

Raleigh, NC, USA Raleigh NC US