About DWS:

DWS Group (DWS) is one of the world's leading asset managers with EUR 833bn of assets under management (as of 30 June 2022). Building on more than 60 years of experience, it has a reputation for excellence in Germany, Europe, the Americas and Asia. DWS is recognized by clients globally as a trusted source for integrated investment solutions, stability and innovation across a full spectrum of investment disciplines.

We offer individuals and institutions access to our strong investment capabilities across all major asset classes and solutions aligned to growth trends. Our diverse expertise in Active, Passive and Alternatives asset management – as well as our deep environmental, social and governance focus – complement each other when creating targeted solutions for our clients. Our expertise and on-the-ground-knowledge of our economists, research analysts and investment professionals are brought together in one consistent global CIO View, which guides our investment approach strategically.

DWS wants to innovate and shape the future of investing: with approximately 3,500 employees in offices all over the world, we are local while being one global team. We are investors – entrusted to build the best foundation for our clients’ future.

Overview

The Global Trading Team at DWS is a key part of the investment process and has a primary goal of achieving best execution results for the firm’s clients. The team covers a wide range of products (across asset classes) and markets globally. Trading is seeking a candidate to join the Americas Trading team in New York.

While there is broad connectivity to all Fixed Income products, the individual will primarily focus on trading Mortgage Backed and Structured Securities for mutual funds, institutional accounts and ETFs

Your Key Responsibilities:

• Primary responsibility to support MBS traders & PM teams with daily responsibilities including execution services, dissemination of market color and trade settlement

• Achieve best execution in accordance with regulatory requirements and internal controls

• Communicate flow information, relative value and trade ideas to the investment platform

• Build and manage relationships with external counterparties (including New Issuance)

• Negotiate and execute trades with broker dealers (through low touch and high touch channels)

• Successful relationship and interactions with Operations, Technology, Compliance, Risk and Audit

Your Skills & Experience:

• Undergraduate degree with a preference towards a Bachelor’s degree in a finance-related field

• Familiarity with MBS instrument types including TBA, dollar rolls, specified pools, various CMO structures and derivative instruments

• Familiarity with additional non-agency products including ABS/CMBS/RMBS/CLO a plus

• Strong communication skills and assertiveness necessary for both internal dissemination of market color, flow information and trade ideas amongst portfolio managers and day to day negotiations with broker dealers

• Programming skills (Python, Matlab, C++, JAVA) and/or experience with process automation

• Proficient with Microsoft Word, Excel, PowerPoint and Outlook. Familiarity with trading systems, Bloomberg, Tradeweb and BRS Aladdin a plus

What we’ll offer you:

A healthy, engaged and well-supported workforce are better equipped to do their best work and, more importantly, enjoy their lives inside and outside the workplace. That’s why we are committed to providing an environment with your development and wellbeing at its center. You can expect:

• Competitive Salary and Matched 401K Savings Plan

• Generous Paid Time Away plus Bank Holidays

• Health and Life Insurance Plans for you and your family

• Work/Life Balance Programs including Adoption/Surrogacy/Infertility Assistance, Backup Care through Bright Horizons, Phase Back to Work and Support for New Mothers

• A range of flexible benefits including Retail Discounts, Commuter Discounts and Gym benefits

• The opportunity to support wide-ranging volunteer programs, + 1 day volunteering leave per year, matched personal donations to non-profit organizations dollar-for-dollar, up to $5,000

How we’ll support you:

• Training and development to help you excel in your career

• Flexible working to assist you balance your personal priorities

• Coaching and support from experts in your team

It is DWS’s expectation that employees hired into this role will work in the New York City office in accordance with the firm’s hybrid working model. At this time, all individuals present in the location must be fully vaccinated for Covid-19. DWS provides reasonable accommodations to candidates and employees with a substantiated need based on disability and/or religion.

The salary range for this position in New York City is $87,750 to $158,250. Actual salaries may be based on a number of factors including, but not limited to, a candidate’s skill set, experience, education and other qualifications. Posted salary ranges do not include incentive compensation or any other type of remuneration.

Our values define the working environment we strive to create - diverse, supportive and welcoming of different views. We embrace a culture reflecting a variety of perspectives, insights and backgrounds to drive innovation. We build talented and diverse teams to drive business results and encourage our people to develop to their full potential. Talk to us about flexible work arrangements and other initiatives we offer.
We promote good working relationships and encourage high standards of conduct and work performance. We welcome applications from talented people from all cultures, countries, races, genders, sexual orientations, disabilities, beliefs and generations and are committed to providing a working environment free from harassment, discrimination and retaliation.



We are an Equal Opportunity Employer - Veterans/Disabled and other protected categories. Click these links to view the following notices: "EEO is the Law poster" and supplement ; Employee Rights and Responsibilities under the Family and Medical Leave Act ; Employee Polygraph Protection Act and Pay Transparency Nondiscrimination Provision .