Trader
nearwater capitalManhattan, KS
Trader
nearwater capitalManhattan, KSSenior L5
Financial Specialists, All OtherSecurities, Commodities, and Financial Services Sales AgentsFinancial Clerks, All Other
Investment Banking and Securities IntermediationPortfolio Management and Investment AdviceMiscellaneous Intermediation
APPLY NOW (opens in a new tab)THE OPPORTUNITY:
Nearwater'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.
WHAT YOU'LL DO:
Support trade execution and booking across Risk Retention financing and securities positions
Confirm trade details with counterparties and internal stakeholders, resolving discrepancies quickly
Track positions, settlements, and cash movements, escalating breaks to senior traders
Coordinate with Operations and Settlements on trade lifecycle events
Maintain accurate trade and position records across internal systems
Support ad hoc market and portfolio analysis for the trading desk
WHAT WE'RE LOOKING FOR:
Required
2-4 years of hands-on experience as a trading assistant or in a junior trading role, specifically in fixed income cross-product trading
Strong attention to detail and comfort working with numbers under time pressure
Proficiency in Excel
Clear communicator who can flag issues early and follow through to resolution
Preferred
CLO or CMBS trading experience in particular
Exposure to ABS, RMBS, or other structured credit products
Familiarity with trade settlement processes and market conventions
Experience with Enfusion or a similar trading/order management system
HOW YOU WORK
Enjoys small teams where everyone wears a few hats
Comfortable with a fast pace and a full plate
Catches small issues before they become big ones
Adaptable when the day doesn't go as planned
Wants to work alongside people who know more than they do
Looks for ways to be useful without being asked
WHAT YOU'LL GET
A front-row seat to trade execution on a specialty finance desk
Direct mentorship from senior traders with a path toward increased trading responsibility
Exposure across Risk Retention, Capital Markets, and Liquid Markets desks
A small team environment where contributions are visible and valued
WHO WE ARE:
Nearwater 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. 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.
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Level
Senior L5
Location
Manhattan, KS
Occupation
Financial Specialists, All Other
Industry
Investment Banking and Securities Intermediation
Posted
5 days ago