Mortgage Secondary Market Trader
Job Summary
Location: On site at location listed in job posting.
Summary:
Key member of the Mortgage Secondary Marketing team within First Horizon Bank and will be responsible for the day-to-day activities related to the hedging of the mortgage secondary pipeline.
Essential Duties and Responsibilities:
Manages and analyzes the mortgage secondary pipeline and executes hedging and pool trading transactions
Manages and monitors hedge performance by reviewing reports to mitigate risk while providing accurate data
Utilizes advanced analytic and modeling skills to support secondary marketing functions around loan pricing and fallout
Assist with mortgage valuation analytics report development testing and feedback
Complies with bank policies and procedures regulatory requirements and investor guidelines
Establishes and maintains secondary market investor and dealer relationships
Performs all other duties as assigned
Qualifications:
To perform this job successfully an individual must be able to perform each essential duty satisfactorily. Additionally the qualifications listed below are representative of the knowledge skills and/or abilities required in this position:
- Bachelor (4-year college) degree and 5 years of experience or equivalent combination of education and experience
- Demonstrated experience with trading and hedging techniques.
- Advanced understanding and application of risk management and operational risk.
- Advanced modeling spreadsheet and database skills.
- High attention to detail and excellent communication skills with stakeholders at all levels.
Systems:
- Microsoft Office Suite
- MIAC QRM Optimal Blue Encompass Bloomberg Tradeweb
About Us
First Horizon Corporation is a leading regional financial services company dedicated to helping our clients communities and associates unlock their full potential with capital and counsel. Headquartered in Memphis TN the banking subsidiary First Horizon Bank operates in 12 states across the southern U.S. The Company and its subsidiaries offer commercial private banking consumer small business wealth and trust management retail brokerage capital markets fixed income and mortgage banking services. First Horizon has been recognized as one of the nations best employers by Fortune and Forbes magazines and a Top 10 Most Reputable U.S. Bank. More information is available at .
Benefit Highlights
Medical with wellness incentives dental and vision
HSA with company match
Maternity and parental leave
Tuition reimbursement
Mentor program
401(k) with 6% match
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About Company
First Horizon offers a variety of financial services nationwide. See how we serve our customers through personal, small business, commercial banking, and more.