• (Mortgage) Secondary Marketing Trader, Sr

    Job Locations US-TX-Dallas
    Req #
    2018-7879
    Type
    Full-Time
    Category
    Secondary Markets
    Location Name
    (Mortgage) Dallas, TX - Preston
  • Job Summary

    If you are looking to work in an Agile work environment that offers Service Beyond Expectations, this role could be for you. Here at PrimeLending, our culture is built around one simple belief – investing in our talented, dedicated employees.  

     

    We are currently seeking a Senior Secondary Marketing Trader.  The qualified candidate will be responsible for taking an active role in daily hedging of interest rate risk, evaluating opportunities for loan sales and executing approved sale transactions. Additional responsibilities include ensuring data accuracy and proper integration of all secondary market trading dependent systems and reports.

    Essential Functions

    • Execute trades on a daily basis in accordance with policies set forth by the company, investors and broker dealers; monitors the timely settlement of trades
    • Execute and maintain all bulk bids
    • Review daily position and GL reports for both mandatory and best efforts loans
    • Ensure that all control checks for hedged and non-hedged pipelines are accurate
    • Maintain all pair-off reports with investors and broker dealers
    • Maintain all specified pay-up grids in Secondary systems
    • Stays abreast of events and current market trends that will affect interest rates both short and long term
    • Maintains and establishes relationships with investors and broker dealers
    • Maintain a professional image and adheres to standards consistent with company policies and procedures
    • Other duties as assigned or required

    Job Requirements

    • Bachelor’s Degree in Finance or other business-related field required
    • Minimum 5 years of experience in the mortgage banking or financial services industry
    • Prior Capital/Secondary Markets experience required
    • Working knowledge of mortgage loans and an understanding of pricing required
    • Demonstrated strong knowledge and understanding of commonly-used concepts, practices, and procedures within the Secondary Marketing field
    • Excellent communication skills, both verbal and written
    • Demonstrated ability to interact effectively with various levels and groups within the organization
    • Excellent detail orientation and analytical skills
    • Ability to meet deadlines and adapt quickly to a rapidly changing environment
    • Excellent PC skills, including Microsoft Office Suite
    • Demonstrated judgment and decision making ability
    • Strong customer service orientation
    • Excellent time management, organizational and problem-solving skills

    About the Company

    Why PrimeLending?

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