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Mortgage Whole Loan Buyer

Mortgage Whole Loan Buyer

CompanyTruist
LocationRichmond, VA, USA
Salary$Not Provided – $Not Provided
TypeFull-Time
DegreesBachelor’s
Experience LevelJunior, Mid Level

Requirements

  • Bachelor’s degree in Economics, Commercial Real Estate, Business, or Finance, or equivalent education and related experience
  • Programming knowledge including, but not limited to Excel, SQL, and VBA
  • Rudimentary Fixed Income Markets knowledge

Responsibilities

  • Manage in a timely, precise, and profitable manner, the whole loan bidding and trading process for each client requesting a loan package be bid. Daily notional bid is typically in excess of $2.0 Billion
  • Develop, maintain, and manage all GSE, market, and servicing related inputs into the pricing model and process. Deliver daily and weekly pricing deliverables
  • Analyze, report, and evaluate multi-dimensional market, loan, and trade data on all trading activity to determine optimal margin and volume mix to maximize Gain on Sale revenue
  • Utilize programming knowledge, as well as internal technology resources, to create process efficiencies and enhance trading capacity and capability. Leverage VBA and SQL skills to develop and maintain pricing models, various reporting, and multiple databases
  • Monitor Mandatory trade pipeline to assist clients and internal resources in post trade pricing maintenance as necessary
  • Maintain client relationships and garner market color from these relationships to optimize Truist Mandatory market share and revenue
  • Work closely with Pipeline Hedge Team to measure and hedge risk generated from purchase activity, as well as maintain various market inputs into the pricing models

Preferred Qualifications

  • 2 to 3 years of work experience in financial markets