Job Description

Are you a team player? Goal oriented? Are you Analytical and Driven with good Interpersonal skills?

Amazing Senior Trader opportunity within Secondary Marketing and Capital Markets. Fortune 500, Multi-Billion dollar entity with great Training, Strong Corporate Culture, Tremendous Career Growth, Profit Sharing/Stock Options and Comprehensive Benefits.

Primary Responsibilities

• Oversee the processing and reconciliation of all hedging reports. This includes the risk management reports that are sent to senior management and all Compass reports.
• Responsible for the accuracy of all programming in Compass software.
• Oversee the daily tracking of MBS sales, rolls and pair offs
• Negotiating pricing exceptions
• Supervise the registering and locking of loans with outside investors
• Supervise the creation of the daily rates in both Compass and Optimal Blue
• Oversee the pricing updates in Compass and Optimal Blue for new products or updates to existing products
• Must be familiar with all existing loan programs and be available on the lock-in desk to promptly respond to questions from the branches regarding loan pricing, re-locks, extensions and any other general pricing questions
• Monitor the closed but not committed pipeline and commit loans as quickly as possible
• Create mandatory commitments which include: Assignment of trades, bulk commitments, FNMA/Freddie cash commitments, and GNMA securities
• Ensure all commitments, securities and mortgage servicing rights are purchased on time, at the correct price and in accordance with all agency, investor and documents custodian rules and regulations
• Input and maintain commitment detail and pricing at the commitment level and at individual loan level in the Loan Origination System and in our custom reports
• Coordinate Loan Sales with Treasury and Shipping
• Reconcile any pricing discrepancies
• Oversee the monthly reconciliation of the actual P&L with Accounting

Qualifications

• Bachelor's degree in finance/business related field
• 5+ years experience in mortgage industry
• Proficient in MS Office Suite (Excel)
• Strong organizational and analytical skills
• Able to multi-task, prioritize, and maintain an attention to detail
• Effective communication, interpersonal, and customer service skills

Benefits

• Competitive Compensation
• Home Purchase Discount
• Mortgage and Settlement Services Discounts
• Comprehensive Health, Life and Disability Insurance
• 401(k) (Full-time employees are eligible to contribute immediately)
• Employee Stock Ownership Program
• Vacation and Holidays

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