Job Description
Job Title: AVP, Trader
Location: CA - Westlake Village
What you'll do: As the AVP, Trader you'll be part of the non-agency group, and will be responsible for assisting in the pricing, hedging and loan trading and securitization of AmeriHome's non-agency loan pipeline. The ideal candidate will have multiple years of non-agency capital markets experience or have an advanced financial degree such as a master's in finance or MBA. This position offers an opportunity to learn non-agency loan capital markets functions and help grow this production channel at the largest bank owned originator in the country.
- Assist in the following trading activities:
- Daily rate sheet pricing
- Hedging the non-agency pipeline
- Executing whole loans trades
- Trade documentation
- Monitoring the non-agency securitization market
- Maintain workflow tools
- Daily, weekly and monthly reporting
- Working with the operations and transaction management teams on any trading issues
- Confirming trades and trade blotter accuracy
What you'll need: - 3+ years of related experience in Residential Mortgage Lending, Capital Markets or similar field, or 1+ years of related experience with an advanced degree, such as MBA or Master's in Finance, Master or similar field.
- Bachelor's degree in related field required.
- Intermediate knowledge of residential mortgage industry in Correspondent or Retail Lending including; sales, operations, capital markets and/or other residential mortgage products and services.
- Intermediate knowledge of applicable regulatory and legal compliance obligations, rules and regulations, industry standards and practices.
- Advanced Excel.
- Entry level to intermediate SQL.
- Advanced speaking and writing communication skills.
Compensation: Salary range for new hires is generally $107,395.00 - $126,000.00 for Westlake Village, CA. Salary amount is determined by specific job location. In addition, the role may be eligible for annual bonus/incentives earned.
Benefits you'll love: We offer all the important things you'd want - like competitive salaries, an ownership stake in the company, medical and dental insurance, time off, a great 401k matching program, tuition assistance program, an employee volunteer program, and a wellness program. In addition, you'll have the opportunity to bolster your business knowledge, learning the ins and outs of how successful companies operate and manage their finances, giving you invaluable hands-on experience to help grow your career!
About the company: AmeriHome Mortgage is a Western Alliance Bank company. Western Alliance Bank is a wholly owned subsidiary of Western Alliance Bancorporation. Alliance Bank of Arizona, Alliance Association Bank, Bank of Nevada, Bridge Bank, First Independent Bank, and Torrey Pines Bank are divisions of Western Alliance Bank; Member FDIC.
Western Alliance Bancorporation is committed to equal employment and will consider all qualified applicants without regard to race, sex, color, religion, age, nation origin, marital status, disability, protected veteran status, sexual orientation, gender identity or genetic information. Western Alliance Bancorporation is committed to working with and providing reasonable accommodations for individuals with disabilities. If you are an individual with a disability and require a reasonable accommodation to complete any part of the application process and/or need an alternative method of applying, please email HR@westernalliancebank.com or call 602-386-2488. When contacting us, please provide your contact information and state the nature of your accessibility issue. We will only respond to inquiries concerning requests that involve a reasonable accommodation in the application process.
© Western Alliance Bancorporation
Job Tags
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