VP, Senior Trader

Posted:
9/11/2024, 5:00:00 PM

Location(s):
Westlake Village, California, United States ⋅ California, United States

Experience Level(s):
Expert or higher ⋅ Senior

Field(s):
Finance & Banking

Job Title:

VP, Senior Trader

Location:

CA - Westlake Village

What you'll do:

AmeriHome is seeking a VP, Senior Trader to join its growing Capital Markets Trading team. This is a challenging and dynamic role requiring complex problem-solving skills, working knowledge of Capital Markets and experience in Secondary Marketing trading and pricing of residential mortgage loans and MBS. The ideal candidate will have previously demonstrated the ability to succeed in a fast-paced trading environment, a strong academic background, and excellent written and verbal communication skills. In this role, a successful candidate can look forward to a progressive career path and continued professional growth.

This is not a day trader role but rather focuses on pricing, hedging and risk management activities within AmeriHome’s correspondent channel.

What we are looking for:

•  Day to Day management of the correspondent bulk trading desk

•  Assist in the hedging of the mortgage pipeline including the buying and selling of TBA securities

•  Responsible for maintaining client relationships working closely with internal sales team
•  Assist in margin management and maintenance
•  Perform competitive analysis and recommend updates to pricing in order to maximize company volume and revenue
•  Ensuring trades are executed and confirmed on a timely and accurate basis
•  Interact with clients, trading partners, and other departments within AmeriHome on trade-related issues

What you need to have:

• 5+ years of relevant work experience in residential mortgage lending capital markets required

• Bachelor’s Degree in Business, Finance, Mathematics, or related field
•  Strong analytical, math, and critical thinking skills
•  Advanced knowledge of MS Excel

•  Excellent communication and interpersonal skills
•  Demonstrated ability to perform under pressure in a fast-paced environment
•  Attention to detail and accuracy
•  CFA or MBA preferred
•  Experience with VBA and/or SQL a plus

 

Compensation: Salary range for new hires is generally $130,400.00 - $153,412.50 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 [email protected] 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.

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