The Consumer ABS Securities and Whole Loan Trading Desk (the “Consumer ABS Desk”) with in Mortgages Structured Products Trading is seeking an Associate or Vice President to contribute to the continued growth and success of the Consumer ABS business within Global Banking & Markets. The Consumer ABS Desk purchases & aggregates consumer whole loans with the intent of selling/reconstituting those loans via Securitization or Whole Loan Sale, as well as provides active market making in Secondary CUSIPs across major Consumer ABS verticals such as: Student Loans, Unsecured Consumer Lending, Credit Card Receivables, Auto Loans, Solar Loans, Home Improvement Loans, Equipment and Small Business Loans, and various others. Candidates should be expected to actively market make, risk manage and understand credit, interest rate, and market risk associated with consumer loans and CUSIPs. In addition, candidates will interface with various clients including originators, buy side accounts, as well as GS personnel touching different areas of the consumer loan ecosystem.

The desk is looking for a candidate with:

• 4-7 years of relevant industry experience within Structured Products, preferably within Consumer ABS or Residential Mortgages
• Quantitative and technical skills with prior experience in secondary trading, investment banking, warehouse lending, or other related roles
• Experience with IntexCalc and Bloomberg
• Experience with Microsoft Office including Excel, Word, PowerPoint, Outlook

Candidate’s responsibilities may include, but not be limited to:

• Bidding regularly on CUSIP Inquiries and actively market making in Secondary CUSIPs
• Pricing whole loan portfolios
• Managing daily Risk & P&L position of the desk
• Managing daily funding and hedge positions of the desk
• Working with different clients on various trading opportunities
• Collaborating with different teams within GBM including but not limited to: Investment Banking, Structure Products Syndicate, and Structured Products Sales
• Interfacing with teams within GBM that support the desk’s infrastructure such as Transaction Management, Trade Analytics, Asset Management as well as other Federation groups

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