Analyst - Mortgage Backed Securities (MBS) New York, NY

Analyst – Mortgage Backed Securities (MBS) – New York, NY Requisition ID: 260876 Salary Range: 120,000.00 – 130,000.00 Location: United States – New York City, New York Purpose The Agency MBS Analyst supports and helps develop the firm’s Agency MBS/TBA trading business, with secondary responsibilities in trading support and market making. This early‑career role is designed to build foundational Agency MBS expertise across analytics and trade execution support. The position will also interface with Houston-based mortgage lending and origination teams as the business expands. Responsibilities Support Agency MBS/TBA trading activities, including collateral and prepayment analysis; develop Python‑based analytical tools to streamline data workflows. Partner with institutional sales teams to address client demand for Agency MBS products; provide timely market color, liquidity insights, and product education. Build and maintain relationships with external counterparties, including dealer trading desks and institutional clients. Monitor Agency MBS and broader fixed‑income market developments to identify relative value opportunities and generate trade ideas; proactively communicate recommendations to sales teams and clients. Prepare daily P&L reporting, reconcile trade positions with middle office, and perform performance attribution to identify key drivers of desk results. Execute and manage hedging strategies using TBA, U.S. Treasuries, swaps, and swaptions; maintain exposures within established risk limits and ensure all trading activity complies with regulatory requirements and internal trading policies. Qualifications Bachelor’s degree in Finance, Economics, Mathematics, Engineering, or a related field; master’s degree preferred. 0–3 years of experience in fixed income (trading, analytics, research, or risk), with interest in Agency MBS/TBA markets. Strong quantitative, analytical, and problem‑solving skills; ability to synthesize market and collateral data into actionable insights. Proficiency in Python; experience building repeatable analytics and automations for data analysis and reporting. Familiarity with Bloomberg and/or other fixed‑income analytics platforms preferred. Strong written and verbal communication skills, with the ability to support client‑facing discussions in partnership with Sales. High attention to detail and sound judgment in a fast‑paced trading environment; ability to manage priorities and deadlines. Preferred: FINRA Series 7 and 63 (or ability to obtain). Benefits Scotiabank wants you to bring your best self to work and life, every day. With a focus on holistic well‑being, our many flexible benefit programs are designed to help support your unique family, financial, physical, mental, and social health needs. Equal Opportunity Statement Scotiabank is an equal opportunity employer. We evaluate qualified applicants without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, veteran status, or any other characteristic protected by federal, state, or local law. #J-18808-Ljbffr Scotiabank