Capital Markets, Mortgage Secondary Markets, Manager
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Job Location:
Charlotte, VT - USA
Monthly Salary:
Not Disclosed
Posted on:
8 days ago
Vacancies:
1 Vacancy
Job Summary
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Who we are:
Shape a brighter financial future with us.
Together with our members were changing the way people think about and interact with personal finance.
Were a next-generation financial services company and national bank using innovative mobile-first technology to help our millions of members reach their goals. The industry is going through an unprecedented transformation and were at the forefront. Were proud to come to work every day knowing that what we do has a direct impact on peoples lives with our core values guiding us every step of the way. Join us to invest in yourself your career and the financial world.
The role
SoFi is seeking a manager to join our Capital Markets focused on Secondary Markets in the Home Loans this role to you will be the point person working with a cross-functional internal team of capital markets treasury margin management members together with external constituencies including broker-dealers investors the GSEs and third party vendors to execute home loan sales securitizations transactions.
What youll do:
- Manage rate-sheet generation via MBS pricing and coordination into the Product and Pricing Engine. Emphasis on TBA pricing and Spec Pool pricing for rate-sheet generation.
- Understanding of MSR and BU-BD/XS Servicing pricing
- Work with margin management to determine best margin based on secondary pricing region and/or current program or marketing campaign.
- Familiar with Lock Desk procedures and policies.
- MBS pooling and loan delivery
- Pipeline hedging trading and understanding of the roll market
What youll need:
- 6 years of relevant experience desired primarily in home loan secondary markets.
- BS/BA in business finance accounting economics or similar technical field
- Excellent work ethic and willingness to contribute broadly to achieve team and company objectives
- Strong verbal and written communication as well as technical and organizational skills
- Strong analytical skills with attention to detail
- Strong ability to read and interpret financial contracts and knowledge of core documents and industry standard/best practices in transactional terms
- High level of proficiency with Microsoft Office suite (particularly in Excel PowerPoint)
- Previous experience with lending or consumer credit products a plus: mortgages student loans credit cards personal loans etc.
- Previous experience with asset-backed securitization data sets a plus: Bloomberg Intex DV01 etc.
A Plus:
- Familiarity with Encompass LOS and OB pricing engine.
- Post Close experience.
- Resi Private Label Securities structuring and securitization.
- Understanding of fixed income/MBS risk metrics and bond math.
Required Experience:
Manager
About Company
Why do 10M+ members trust SoFi? Financial solutions for school, marriage, starting a family, home buying, retirement, or whatever’s next. Member FDIC.
