Capital Markets Trader

Job SummaryAs an MBS Trader II, you'll track market conditions to buy and sell mortgage-backed securities, create models and reports of trends and develop and maintain relationships with buyers. You should be proficient at hedging the pipeline and work to improve process efficiency and effectiveness.ResponsibilitiesLeverage loan and trade data in risk management system to develop a daily hedge strategyImplement the optimal hedge strategy to eliminate rate risk and maximize trade executionMonitor and maintain market data used for risk management decisions, best-execution, and market-to-market evaluationAssess hedging strategy effectiveness through data and metrics, recommending changes to strategy as neededExecute buy and sell of mortgage-backed securities forward contractsDevelop and maintain relationships with new and existing broker/dealer counterpartiesDesign and implement process improvements to existing tools and workflowsMonitor markets and provide insight to internal teams and leadership on the impact to the organization marketIdentify and correct operational issues with trades, loans, and/or market data within the risk management platformLead projects to drive process improvement and effectiveness to the risk management platform and/or trading strategiesMentor junior team members

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