Description
Job Posting Title:
AmeriSave Mortgage has set the standard in online mortgage lending with over $130 billion in funded loan volume. As one of the top-rated, largest privately-owned online mortgage lenders in the nation, our mission is to deliver beneficial, responsible home lending solutions with unwavering integrity, dedication and excellence.
Our employees are the driving force behind our success. We believe in the power of a dynamic and talented workforce and creating an environment where your contributions are not just recognized, they’re celebrated. Your success is our success, and we are seeking skilled professionals who are ready to bring their A-game, exceed benchmarks and enhance the overall excellence of AmeriSave, while also growing and advancing their careers.
At AmeriSave, we're one team with one shared dream - to be the best. Let’s redefine excellence together!
What we’re looking for:
The Capital Markets Team is seeking an experienced Senior Trader that has a deep understanding of mortgage capital markets, excellent analytical skills, and the ability to efficiently execute trades. The ideal candidate will also be responsible for managing risk associated with a mortgage pipeline, identifying sale/trade opportunities, and developing prudent risk management strategies.
This is a remote opportunity to work from home.
What You’ll Do:
• Trading Activities:
- Perform day-to-day trading as needed, including but not limited to: TBA, bulk, co-issue, AOT, and securitization.
- Report on and analyze trade profitability, best execution, and PA reconciliation.
- Monitor interest rate risk exposure and establish prudent trading strategies to maximize gain and minimize risk.
- Oversee and coordinate with junior staff members to ensure all activity is accurately updated in each respective system and reported accordingly.
- Stay informed on market trends, pricing, liquidity, and macro factors that impact the MBS market and associated hedging instruments.
- Develop, maintain, and expand positive working relationships with dealers, investors, and outside Vendors.
- Produce daily, weekly, and monthly MBS market commentary for distribution to larger group.
- Ensure compliance with all company trading policies, industry regulations, and best practices.
- Experiment with prompt engineering with team to explore use cases of LLM’s for streamlining processes, improving reporting, and enhancing decision making workflows.
- Other duties as required.
What You’ll Need:
- 5+ year mortgage capital markets experience. Trading preferred.
- Bachelor’s degree in finance, accounting, or mathematics preferred.
- In depth knowledge of mortgage capital markets.
- Experience with mortgage origination systems/product pricing engines.
- Microsoft Excel, Access, Power Point experience preferred.
- SQL, VBA, Python experience preferred, not required.
- Detail oriented with ability to work in fast-paced environment.
**Please note that the compensation information that follows is a good faith estimate for this position only and is provided pursuant to the Colorado Equal Pay for Equal Work Act and Equal Pay Transparency Rules. It is estimated based on what a successful Colorado applicant might be paid. It assumes that the successful candidate will be in Colorado or perform the position from Colorado. Similar positions located outside of Colorado will not necessarily receive the same compensation. **
Compensation:
The annual compensation for this position generally ranges between $120,000 – $150,000.
Benefits:
· 401(k)
· Dental insurance
· Disability insurance
· Employee discounts
· Health insurance
· Life insurance
· Paid time off
· 12 paid holidays per year
· Paid training
· Referral program
· Vision insurance
Potential Supplemental pay types:
· Bonus
· Referral bonuses
AmeriSave is an equal opportunity employer. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.
California Consumer Privacy Act Disclosure Acknowledgment
Employment Applicants, New Hires, and Employees Residing in California
When AmeriSave’s Human Resources Department makes future requests for personal information, the same Policy is applicable. By applying, you understand this acknowledgment covers current and future personal information requests. You also acknowledge the business purpose of the personal information collected and that future requests may occur while applying for a position at AmeriSave and/or during employment, if applicable.