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Fixed Income Risk Management

Location:
Manhattan, NY, 10007
Posted:
January 08, 2024

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Resume:

Mark Noble

ad2keb@r.postjobfree.com 646-***-**** Millburn, NJ

https://www.linkedin.com/in/markjnoble/

Professional Summary

Experienced Fixed Income Trader with 20+ years of expertise in the fixed-income market. Proven track record in managing trading desks, expanding Mortgage business, and establishing Agency and Structured Corporate Note businesses. Skilled in trading mortgages, rates, agencies, corporates, swaps, options, and repo. Deployed numerous fixed-income and cross-product trading strategies to achieve consistent over-budget P&L. Providing liquidity across different time zones. Holds series 7,63, and 24 principal licenses. Seeking a Fixed Income Bond position. Employment History

Bank of Montreal (BMO) Director Securitized Product Group Mortgage Bond Trader Jan 2020

– Sept 2023

• Traded Agency MBS, Convention, Ginnie Mae, and 15-year pass-through TBAs across multiple platforms. Focusing on new production Ginnie Mae mortgages for optimal client liquidity, increasing revenues and market share for the Securitized Product Group.

• Evaluated market conditions with expertise and executed trades efficiently, resulting in maximized profitability.

• Mitigated risk exposure through meticulous analysis, strategic decision-making, and continuous monitoring of market trends.

• Expanded global presence by offering liquidity for overseas accounts during New York and Asia time zones.

Head of Agencies & Structured Notes Oct 2018 – Jan 2020

• Underwrote new issue agency bonds, providing insightful relative value analysis, swaps, and commentary to enhance customer understanding and decision-making across agency products.

• Successfully established the Corporate Structure Note and Commercial Paper business, opening opportunities for BMO to issue registered and 144A debt from 19 issuers.

• Negotiated dealer agreements with internal and external legal departments and implemented internal policies and procedures to ensure compliance with underwriting protocol.

• Collaborated closely with cross-functional teams, including risk management, legal, and compliance departments, to ensure regulatory adherence and mitigate potential risks within the Securitized Product Group.

• Developed and implemented revenue-boosting relative value and cross-product trading strategies.

• Worked alongside an international sales team to structure callable bonds and bullets, tailoring solutions to meet unique asset liability requirements for various accounts. KGS ALPHA LLC (Acquired by BMO)

Head Agency & Structured Notes Trader Feb 2011 - Oct 2018

• Developed and implemented the Agency and Structured Corporate Note business, leveraging prior experience at MF Global for effective execution.

• Managed all Rates (Treasuries and Agencies) trading aspects, ensuring seamless operations across the trading floor.

• Successfully met revenue targets utilizing minimal balance sheet usage, emphasizing strategic financial management, with a significant portion of the revenue generated from direct client coverage.

MF Global

Managing Director Mar 2008 - Feb 2011

• Managed Agency, Covered bond, and FDIC debt trading operations encompassing trading, sales, and research, contributing to the strategic positioning of the business as a primary dealer with the Federal Reserve.

• Acted as a direct underwriter for Fannie no Mae, Freddie Mac, and Federal Home Loan Bank, with authorization to underwrite all MTN debt types, enhancing the firm's investment portfolio.

• Managed a diverse portfolio of agency products, including discount notes, floating rate notes, callables, and bullets, ensuring effective yield curve management. Barclays

Agency Trader Director Mar 2004 - Mar 2008

• Established and developed a significant Callable Agency Business, leading to recognition as a top 10 counterparty in consecutive years of operation.

• Managed a balance sheet exceeding $5 Billion in callable debt, utilizing strategic curve trading, Plain Vanilla Interest Rate Swaps, and Swaptions, and implemented an online Libor- based trading and live offering system.

Lehman Brothers

Senior Vice President Oct 2001 - Mar 2004

• Led strategic expansion and diversification of Callable Agency business, achieving 150% and 125% of budget in sequential years.

• Coordinated with major financial Agencies to secure new issue mandates, resulting in a third place ranking for underwriting volume.

• Oversaw all aspects of callable new issue underwriting and hedging for MTNs and Callable Benchmarks.

• Managed a team of six employees in the Fixed-Income Structured Notes Trading and Sales group, fostering a high-performance and team collaboration culture. MORGAN KEEGAN & COMPANY

Vice President Jan 1999 - Jan 2001

• Developed and nurtured relationships with agents, swap counterparts, institutional sales force, and dealer desk, enabling the successful introduction of callable agency debt in the market for Federal Home Loan Bank, Fannie Mae, Freddie Mac, Farm Credit Bank, and Sallie Mae.

• Strategically marketed and efficiently distributed a wide range of fixed-income derivative products encompassing interest rate swaps, swaptions, caps, floors, and collars, contributing to business growth and revenue generation. Paine Webber

Fixed-Income Trader Jan 1991 - Jan 1999

• Successfully managed and executed trades within the zero to five-year maturity sector for zero coupon treasuries.

• Demonstrated versatility and adaptability by temporarily overseeing the five to fifteen-year zero coupon treasury trades.

EDUCATION

Syracuse University

Bachelor of Science, Bachelor of Science, Finance, Economics Fordham University

Master of Business Administration, Master's, Business Administration; Finance SKILLS

• Fixed Income • Risk Management • Creating Alpha • Capital Markets • Market Making • Electronic Trading • Sales • Cross Product • Hedging • Cash Management • Balance Sheet • Management • Sales • Budgeting • Credit • Teamwork • TradeWeb • MarketAxess • Bloomberg License

• Series 24 • Series 7 • Series 63



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