Amherst Securities Group, a broker-dealer specializing in RMBS, hired Michael McSweeney  as an agency MBS passthrough trader focused on the specified pool markets.

McSweeney will be a managing director based in Amherst’s New York City office. Aside from his efforts trading passthrough products, McSweeney will also be an integral part of the firm’s expanding agency CMO business, helping source collateral for deals. He joins Amherst after 11 years at UBS/Paine Webber, where he supervised the specified pool book while working as a member of the agency passthrough desk.

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