Barclays Capital has hired nine people to join its Residential Mortgage-Backed Securities (RMBS) team.
“The addition of these talented professionals enhances the team’s capabilities and enables us to open for business on a national scale, offering the full range of RMBS sales, structuring and trading to our clients,” says Tom Hamilton, Managing Director and Head of RMBS at Barclays Capital. “We are very pleased to have assembled such a top-notch team.”
Will Sylvia joins Barclays Capital as a Director of Collateralized Mortgage Obligations (CMO) Trading. Sylvia joins the firm from Citigroup, and prior to that, he was head of retail mortgage trading at Prudential Financial. Sylvia will be based in New York and will report to Levent Kahraman, Managing Director and Head of CMO Trading.
Joining Sylvia on the CMO Trading desk are Rohit Kumar, Associate Director, and Carla Giugliano, Manager. Kumar joins the firm after six years in the fixed income quantitative research department at Citigroup. Giugliano also joins from Citigroup, where she was a member of the CMO trading team. Kumar and Giugliano will both be based in New York and will also report to Kahraman.
Six sales professionals have also joined the Mortgage-Backed Sales team and will all report to Chris Leslie, Managing Director and Head of Mortgage-Backed Sales. Brad Boyse, John Cully, Wayne Lawrence and Pat Niro all join as Directors. Steve Peters joins as an Associate Director. Dan Harvey joins as a Manager.
Boyse joins Barclays Capital from Goldman Sachs in San Francisco, where he spent more than seven years distributing MBS, ABS (asset-backed securities), CMBS (commercial mortgage-backed securities) and other structured products. Boyse will be based in San Francisco and will be responsible for building the mortgage-backed business in the West Coast region. Cully joins the firm from Prudential Financial, where he was responsible for marketing of various products to the regional dealer community. Based in New York, he will focus on MBS distribution to the regional dealer community.
Lawrence joins after 17 years at UBS, where he was responsible for distribution of MBS, ABS, CMBS and other structured products. Based in Boston, Lawrence will develop the MBS franchise in the Northeast region. Niro joins from JP Morgan Chase, where he spent the last 5 years of his 13-year career responsible for distributing MBS, ABS and CMBS to various clients on the east coast. He will be part of the New York-based sales effort for the franchise.
Peters joins after 8 years at Citigroup, first in Atlanta and then in Chicago, where he was responsible for distribution of MBS, ABS, CMBS and other structured products.
He will be based in Chicago. Harvey joins after years at both CSFB and FIMAT in the fixed income market. Based in New York, he will be part of the New York sales effort.
These appointments continue the build of a RMBS franchise that began in June of this year, when Hamilton joined the firm from Citigroup, along with Kahraman, Scott Wede (Managing Director), David Finkelstein (Director) and Chris Flammia (Director). Leslie and Steve Cozine joined in July. Cozine is a Director and Senior CMO Trader and Structure.