Enter a job title or keyword

Managing Director Securities Trading

Berkadia


Job Location:

Philadelphia, PA - USA

Monthly Salary: Not provided by the employer
Posted: 17 July 2026 (30+ days ago)
Application Deadline: 19 November 2026
Vacancies: 1 Vacancy

Job Summary

Are you looking for the opportunity to make an impact

Berkadias mortgage banking platform is consistently ranked among Fannie Mae Freddie Mac and HUDs top lenders and is seamlessly integrated with our investment sales and servicing platforms to provide superior client service. Let the strongest research technology capital relationships and a nationwide network of industry professionals propel you to the next stage of your commercial real estate career. Be Backed by the Best. Be Berkadia.

TheManaging Director Securities Tradingis responsible for leading Berkadias securities trading and Agency capital markets activities including loan pricing securities trading market analytics counterparty management and execution support. The role partners closely with senior leadership to optimize profitability execution quality and production flow across Berkadias Agency lending platforms.

The Managing Director serves as a senior resource to mortgage banking underwriting and capital markets teams by providing market expertise execution guidance and analytical support while helping manage key investor dealer and Agency relationships.

We Innovate to shape the future of CRE so in this role you will:

Trading & Capital Markets Execution

  • Lead the day-to-day operations of the trading desk including supervision of trading personnel prioritization of workflow and oversight of pricing execution reporting and profitability management activities
  • Lead day-to-day trading desk activities supporting Berkadias Agency lending platforms
  • Assist with management of pricing strategy profitability monitoring and execution performance across Fannie Mae Freddie Mac and Ginnie Mae transactions
  • Monitor market conditions MBS spreads and investor pricing to identify execution opportunities and risks
  • Manage relationships with broker-dealers investors and trading counterparties
  • Seek out and arrange for the onboarding of new counterparties and capital sources
  • Assist in managing counterparty exposure and concentration limits
  • Resolve investor dealer and trade-related inquiries in a timely manner
  • Utilize expertise in Agency CMBS trading securitization and mortgage markets to improve execution outcomes
  • Support MBS settlement processes and resolution of trade-related operational issues
  • Directly manage and develop vice presidents assistant vice presidents analysts and other trading desk personnel

GSE Execution Support

  • Partner with Capital Markets and GSE leadership to support execution strategies across Agency platforms.
  • Assist in coordinating production flow pricing requests and execution priorities.
  • Monitor pricing performance and profitability trends across Agency executions.
  • Support management of pricing guardrails and execution standards.
  • Provide market insight and recommendations regarding product selection execution alternatives and competitive positioning.
  • Maintain strong working relationships with trading capital markets and production personnel at Fannie Mae Freddie Mac and Ginnie Mae.

Market Intelligence & Business Support

  • Produce market commentary regarding interest rates Agency spreads and broader capital markets developments.
  • Oversee creation and distribution of Agency Multifamily Rate Sheets.
  • Present market updates and economic commentary to mortgage banking and underwriting teams.
  • Assist in development and maintenance of reporting business intelligence and Power BI dashboards.
  • Identify and implement process improvements that enhance efficiency and reduce risk.
  • Assist in development and maintenance of Capital Markets policies and procedures.
  • Mentor analysts and junior team members while supporting a collaborative team environment.
  • Other duties as assigned.

We Stand for Excellence so to achieve success in this role you should have:

  • 7 years of experience in a similar role
  • Strong understanding of Agency lending programs mortgage-backed securities and commercial real estate finance.
  • Experience managing dealer investor and GSE relationships.
  • Advanced Excel Power BI and Bloomberg proficiency preferred.
  • Strong communication and presentation skills.
  • Demonstrated analytical and problem-solving abilities.

We believe People Matter so we offer benefits that go beyond:

  • Monthly paid volunteer hours and donation matching to benefit our communities
  • Employee Resource Groups that help you grow with us
  • Fertility and family planning services
  • Up to 12-weeks of fully paid parental leave
  • Mental health care including free counseling sessions:
  • Well help you fund your learning journey with generous tuition reimbursement
  • Pet insurance discounts
  • And more!

Be the Next Big Thing. Be Berkadia.

#LI-HF1 #LI-HYBRID

Berkadia as an equal opportunity employer celebrates our employees unique differences which we believe drives personal and company-wide innovation and creates a people-first culture where your career can take the long view. To achieve these goals we are committed to the full inclusion of all qualified individuals without regard to race religion age color national origin gender sexual orientation gender identity or expression marital status domestic partner status military and veteran status disability pregnancy parental status genetic information political affiliation or any other status protected by federal state and local laws.

In keeping with our commitment Berkadia takes the necessarysteps to provide a workplace free from harassment and discrimination as well as access and reasonable accommodations for individuals with you require reasonable accommodation to take part in the interview process please contact

You have rights under Federal and State employment laws. No question in this Application is intended to elicit information in violation of any such law nor will any information obtained in response to any question be used in violation of any such law. If you apply for this role you are acknowledgingBerkadias Application PolicyandBerkadias Privacy Policy. Please click the following links for more information about:EEOCEmployee Rights under the FMLAEPPA.


Required Experience:

Director