A straight up buy-side trade execution job?

I have an interview for the below position in ABS/CMBS trading in the investments group of a major insurance company. I am trying to figure out if this is a more substantial position than a strictly buy-side trading execution job. Any thoughts would be greatly appreciated:

Large Insurance Co is looking to hire an ABS / CMBS Associate for its trading desk that will deepen its existing structured finance platform. The primary objectives of this role will be (a) Provide analysis for potential ABS and CMBS purchases (b) Perform surveillance and risk management on the existing portfolio. (c) Execute trading responsibilities when warranted.

Principal Responsibilities:
• Run monthly analytics and models to assess current and future portfolio risks.
• Provide support and recommendations to our various investments counterparties including Capital Markets, Securities Lending and portfolio management unit.
• Run and analyze potential new purchases. Opine on credit, structure and pricing levels that meet objectives.
• Assist in month end reporting including performance trends, comparative analysis, potential sales candidates and aggregation of industry data.
• Prepare requested reports and information for our QFS.
• Participate in the review and evaluation of new issue deals and structures.
• Develop risk measures for evaluating the company's concentration by product and market.
• Portfolio modeling, scenario analysis, risk measurement and optimization.

Job Requirements
The qualified candidate will have:
* 1-2 years of fixed income Investments experience. *Preferably Structured Finance exp.
* Working knowledge of the securitized market is preferred. Strong quantitative, excel and accounting skills are essential.
* Ability to work independently and in a team environment.
* Candidate must exhibit strong interpersonal and communication skills.
* An MBA and/or CFA designation is preferred.

Career Advancement Opportunities

April 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

April 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

April 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

April 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (86) $261
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (145) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Betsy Massar's picture
Betsy Massar
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Secyh62's picture
Secyh62
99.0
5
dosk17's picture
dosk17
98.9
6
GameTheory's picture
GameTheory
98.9
7
CompBanker's picture
CompBanker
98.9
8
kanon's picture
kanon
98.9
9
bolo up's picture
bolo up
98.8
10
Jamoldo's picture
Jamoldo
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”