Senior Vice President, Non-Agency Trading
Westlake Village, CA - USA
Job Summary
Job Title:
Senior Vice President Non-Agency TradingLocation:
CA - Westlake VillageWhat youll do:
The SVP Trader (Non-Agency) will lead the development and execution of the firms Non QM and AUS Jumbo whole loan trading strategy. This role is responsible for pricing execution margin management and counterparty relationships across flow bulk and securitization outlets. The SVP Trader will play a critical role in scaling Non Agency originations while optimizing best execution and production P&L.This position requires deep expertise in Non QM credit whole loan trading secondary marketing and non agency capital markets with the ability to partner cross functionally across sales operations risk and finance.
Trading & Execution Leadership
Lead NonQM and Jumbo wholeloan trading activities including flow and bulk executions investor bid processes and trade allocation decisions.
Determine bestexecution strategies including wholeloan sales versus securitization alternatives to optimize profitability.
Manage daily pricing position risk and inventory including margin targets and hedge effectiveness.
Product & Pricing Strategy
Partner with Secondary Marketing and Product teams to design pricing frameworks rate sheets and investor payup strategies for NonQM and Jumbo products.
Incorporate market movements investor appetite and credit performance into pricing decisions and guideline evolution.
Counterparty & Market Engagement
Develop and maintain strong relationships with wholeloan investors brokerdealers aggregation desks and securitization partners.
Represent the firm professionally in all buyside and sellside trading interactions negotiations and market discussions.
Risk Management & Analytics
Oversee pipeline hedging frameworks market risk exposure and reporting for NonAgency production.
Monitor credit liquidity and execution risks while ensuring adherence to internal policies and risk limits.
CrossFunctional Leadership
Work closely with Correspondent Sales Operations Underwriting Servicing Finance and Compliance to ensure seamless trade execution and settlement.
Lead mentor and develop trading and secondary marketing staff as the NonAgency platform scales.
What youll need:
- 10 years of related experience in Residential Mortgage Lending Capital Markets or similar field.
- Bachelors degree in related field required; Masters or MBA in related field preferred.
- Advanced to expert knowledge of residential mortgage industry in Correspondent or Retail Lending including; sales operations capital markets and/or other residential mortgage products and services.
- Advanced knowledge of applicable regulatory and legal compliance obligations rules and regulations industry standards and practices.
- Advanced in Capital Markets functions including trading hedging best execution calculations and margin management.
- Intermediate in VBA and/or SQL and Excel.
- Advanced speaking and writing communication skills.
Benefits youll love:
We offer all the important things youd want like competitive salaries an ownership stake in the company medical and dental insurance time off a great 401k matching program tuition assistance program an employee volunteer program and a wellness addition youll have the opportunity to bolster your business knowledge learning the ins and outs of how successful companies operate and manage their finances giving you invaluable hands-on experience to help grow your career!
About the company:
AmeriHome Mortgage is a Western Alliance Bank company. Western Alliance Bank is a wholly owned subsidiary of Western Alliance Bancorporation. Alliance Bank of Arizona Alliance Association Bank Bank of Nevada Bridge Bank First Independent Bank and Torrey Pines Bank are divisions of Western Alliance Bank; Member FDIC.
Western Alliance Bancorporation is committed to equal employment and will consider all qualified applicants without regard to race sex color religion age nation origin marital status disability protected veteran status sexual orientation gender identity or genetic information. Western Alliance Bancorporation is committed to working with and providing reasonable accommodations for individuals with disabilities. If you are an individual with a disability and require a reasonable accommodation to complete any part of the application process and/or need an alternative method of applying please email or call . When contacting us please provide your contact information and state the nature of your accessibility issue. We will only respond to inquiries concerning requests that involve a reasonable accommodation in the application process.
Western Alliance Bancorporation
Required Experience:
Senior Exec