Trader

THE OPPORTUNITYNearwater's Risk Retention team is hiring a Trader to support trade execution, booking, and settlement across the team's ABS, CLO, CMBS, and RMBS financing positions. You will work closely with senior traders and the broader Capital Markets and Liquid Markets desks to ensure trades are executed, confirmed, and settled accurately and on time.

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WHAT YOU'LL DOSupport trade execution and booking across Risk Retention financing and securities positionsConfirm trade details with counterparties and internal stakeholders, resolving discrepancies quicklyTrack positions, settlements, and cash movements, escalating breaks to senior tradersCoordinate with Operations and Settlements on trade lifecycle eventsMaintain accurate trade and position records across internal systemsSupport ad hoc market and portfolio analysis for the trading desk
WHAT WE'RE LOOKING FORRequired2-4 years of hands-on experience as a trading assistant or in a junior trading role, specifically in fixed income cross-product tradingStrong attention to detail and comfort working with numbers under time pressureProficiency in ExcelClear communicator who can flag issues early and follow through to resolutionPreferredCLO or CMBS trading experience in particularExposure to ABS, RMBS, or other structured credit productsFamiliarity with trade settlement processes and market conventionsExperience with Enfusion or a similar trading/order management system
HOW YOU WORKEnjoys small teams where everyone wears a few hatsComfortable with a fast pace and a full plateCatches small issues before they become big onesAdaptable when the day doesn't go as plannedWants to work alongside people who know more than they doLooks for ways to be useful without being asked
WHAT YOU'LL GETA front-row seat to trade execution on a specialty finance deskDirect mentorship from senior traders with a path toward increased trading responsibilityExposure across Risk Retention, Capital Markets, and Liquid Markets desksA small team environment where contributions are visible and valued
WHO WE ARENearwater Capital is a rapidly growing and innovative specialty finance company headquartered in New York City with a global presence and client base. Established in 2017, Nearwater has distinguished itself as a leader in delivering thoughtful, solutions-based financing to some of the largest financial institutions and financial services firms in the world.
Nearwater offers an attractive market compensation and benefits package. As a creative, intellectual capital firm, Nearwater is proud to be 100% work from office.
Nearwater Capital considers all applicants without regard to race, color, religion, national origin, age, sex, civil status, family status, ancestry, physical or mental disability, veteran status, gender identity, sexual orientation, membership of the Traveller community, or any other characteristic protected by applicable law in the jurisdiction of employment. xzbcwsv By applying, candidates acknowledge that their personal data will be processed in accordance with applicable data protection and privacy laws, including but not limited to the EU/UK General Data Protection Regulation and applicable US state privacy laws.