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Language Fluency: English (Required)

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Please review the following job description:

ESSENTIAL DUTIES AND RESPONSIBILITIES

Following is a summary of the essential functions for this job. Other duties may be performed both major and minor which are not mentioned below. Specific activities may change from time to time.

• Generate various analytics to support and inform hedging strategies with the goal of neutralizing impacts to all Risk Positions from market driven duration convexity volatility key-rate relative value and liquidity related risks. These analytics encompass all instruments traded (MBS Swaps Treasury Futures Eurodollar Futures and Derivatives) as well as all assets being hedged (rate locks warehouse loans fallout IO strips MSR etc.)
• Leverage knowledge and understanding of Mortgage-Backed Securities (MBS) Whole Loan and MBS/Futures/Rates Options markets to isolate analyze and report on underlying market trends and identify relative value opportunity.
• Work independently and with others to isolate and quantify various risk factors on the asset being hedged. Develop quantitative models and multi-dimensional risk reporting to enhance the Hedge Teams views of risk on the aforementioned assets.
• Implement statistical methods on all means of markets and position data to better stratify risks and highlight opportunities Design and construct highly complex hedging pricing and securitization tools to support all facets of the Hedge Teams areas of responsibility.
• Maintain these tools in ever evolving risk regulatory and trading environments.
• Advise various partners in leveraging these tools both inside and outside of the Hedge Team.
• Retain flexibility to respond in rapidly changing markets to any challenge faced with respect to quantitative analytics and risk Optimize loan level profitability via MBS securitization of originations through collaboration with Loan Delivery Team and Mortgage Trader 2 on creation of MBS.
• Manage and direct loan level disposition into securities while maintaining profitability market share and relationship goals Potentially responsible for managing a Risk Position in order to preserve Initial Margin through precisely managed hedging decreasing associated hedge-costs where possible and maximizing Post Lock Gain on Sale Revenue through various activities and tactics with the GSEs and various Wall Street Investors.
• Generate daily rate sheet pricing through careful and thorough monitoring of various interest rate and TBA markets Liaise with Pipeline Risk and Valuation team to optimize QRM-MB risk and valuation system ADCO prepayment model and Fallout functions as well as explain and develop attribution of day over day profit and loss changes Collaborate with Servicing Asset Manager to maintain optimized connection with the QRM-SV MSR risk and valuation system.
• Strive to continue alignment of both risk and valuation for pipeline and warehouse assets with the engine being used to capitalize the cashflows.
• Work closely with channel partners in order to stratify market share views analyze underlying trends in the competitive originations landscape measure profitability and optimize the margin/volume tradeoff.

QUALIFICATIONS
Required Qualifications:
The requirements listed below are representative of the knowledge skill and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

• Bachelors degree in Quantitative Finance Mathematics or related quantitative degree
• 2 Years of Risk Analysis or Risk Management Experience
• Demonstrated experience with advanced statistical analysis modeling and quantitative finance
• Intermediate SQL Excel and VBA Understanding of Interest Rate Markets and MBS valuation

Preferred Qualifications:

• Masters degree in Quantitative Finance Mathematics or advanced certification such as FRM or CFA
• Expert in SQL Excel VBA and data management and analysis
• Intricate knowledge of technical analysis MBS prepayments and cashflows the interconnectedness of global markets and their subsequent influence on whole loans and MBS.
  

General Description of Available Benefits for Eligible Employees of Truist Financial Corporation: All regular teammates (not temporary or contingent workers) working 20 hours or more per week are eligible for benefits though eligibility for specific benefits may be determined by the division of Truist offering the offers medical dental vision life insurance disability accidental death and dismemberment tax-preferred savings accounts and a 401k plan to teammates. Teammates also receive no less than 10 days of vacation (prorated based on date of hire and by full-time or part-time status) during their first year of employment along with 10 sick days (also prorated) and paid holidays. For more details on Truists generous benefit plans please visit our Benefits site. Depending on the position and division this job may also be eligible for Truists defined benefit pension plan restricted stock units and/or a deferred compensation plan. As you advance through the hiring process you will also learn more about the specific benefits available for any non-temporary position for which you apply based on full-time or part-time status position and division of work.

Truist is an Equal Opportunity Employer that does not discriminate on the basis of race gender color religion citizenship or national origin age sexual orientation gender identity disability veteran status or other classification protected by law. Truist is a Drug Free Workplace.

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