Overview
Manage Agency MBS portfolios, including risk positioning, portfolio construction, and investment decisions. Support client institutions through analytical reporting and training.
Key Responsibilities
- Lead or contribute to investment policy implementation, portfolio construction, and active risk positioning for fixed-income portfolios.
- Provide expertise in investment policy, asset allocation, best practices, market strategy and outlook, and portfolio and performance reviews.
- Generate and implement high-conviction investment ideas across Agency MBS sectors.
- Exercise sound judgment in assuming and managing duration, spread, convexity, and liquidity risks.
- Monitor portfolio risk exposures and performance drivers.
- Coach and train junior-level staff.
- Leverage and help develop technology and analytics.
- Provide timely updates to internal and external stakeholders.
- Collaborate across TRE teams to strengthen risk management, performance attribution, and related investment processes.
- Strengthen relationships with industry participants, federal mortgage agencies, and dealer counterparties.
- Lead and/or participate in professional collaboration with official sector reserves managers and other official sector institutions.
- Contribute to additional projects as needed.
Required Experience
A minimum of eight years of experience managing Agency MBS portfolios. Substantial relevant experience in fixed income and securitized products asset management.
Qualifications
Master’s degree in business, finance, economics, mathematics, statistics, or a related field. CFA or similar professional certification is a plus.
