Agency MBS Senior Analyst/Trader

Position Summary: This position is based in TCW's Los Angeles office and reports to the Co-Heads of Global Securitized Products within TCW's Fixed Income team. The role requires working onsite five days per week. The Senior Analyst/Trader will join the Agency MBS team (and the broader Global Securitized team) to provide market surveillance, investment analysis, best execution, and portfolio optimization across TCW's managed portfolios. These portfolios span a range of investment styles, including Agency MBS benchmarked, Core Plus, Unconstrained, and a suite of dedicated securitized strategies targeting returns from cash +150 bps to +500 bps. Essential DutiesAgency MBS Market Coverage & Investment Activity Trading & Execution: Execute Agency MBS trades across specified pools, TBAs, and CMO structures with precision and efficiency Portfolio Management: Collaborate with portfolio managers to optimize allocations, and help manage duration, convexity, and prepayment risk. Market Analysis: Monitor market trends, rate movements, and liquidity conditions to identify opportunities and mitigate risk. Client Interaction: Support client inquiries, provide market color, and assist in structuring solutions tailored to client objectives. Risk Oversight: Ensure compliance with internal risk limits and regulatory requirements. Collaboration: Work closely with Rates, Risk and Operations teams in day-to-day trading and execution; work closely with proprietary analytics developers to enhance workflow and trading efficiency Training and mentoring: A Team player who can effectively work with and provide leadership to others. Required