JPMorgan Chase
Agency MBS Portfolio Manager – Associate
$150K–$200K
New York, NY · Manager · Full-time · Posted Oct 23, 2026
- Experience
- 3+ years of relevant experience in fixed income sales and trading, portfolio management, or research; preferred: 3+ years within Agency MBS in sales and trading, portfolio management, or research.
About the job
Manage Agency MBS investments by researching markets, generating trade ideas, executing trades, and monitoring portfolio risk and returns.
What you'll do
- Analyze relative value, market trends, and MBS exposures to inform coupon positioning and security selection.
- Execute trades and engage with sell-side counterparties, incorporating market information into portfolio decisions.
- Improve desk analytics and processes, deliver market updates, and work with internal business partners.
What they ask for
- 3+ years of relevant experience in fixed income sales and trading, portfolio management, or research.
- Strong understanding of interest rates and fixed income markets.
- Strong quantitative and data analysis skills.
- Excellent communication skills and a collaborative, self-starting approach.
Nice to have
- Strong understanding of mortgage market dynamics, prepayments, and convexity.
- Proficiency in Python or similar; knowledge of macroeconomics and macro-driven investing; 3+ years of Agency MBS experience.
Pay
USD 150,000.00-$200,000.00 base salary
Tools
Python
Model-written summary · the original posting is authoritative