AVP, Trader

Western Alliance Bank; Westlake Village (CA); On-site; USD 107,395 - 132,661; Full time

Benefits offered by this job

401(k) matching

Medical and dental insurance

Paid time off

Tuition assistance

Employee volunteer program

Wellness program

Job summary

Western Alliance Bancorporation in Westlake Village, CA seeks an AVP, Trader to support pricing, hedging and loan trading of non‑agency pipelines. You will learn non‑agency loan executions and capital‑markets functions at a leading bank‑owned originator.

Ideal candidates have 3+ years in mortgage/Capital Markets and strong Excel/SQL skills, plus excellent communication. Role offers growth and a competitive compensation package.

Qualifications

• 3+ years of related experience in Residential Mortgage Lending, Capital Markets or a related field, or 1+ year with an advanced degree.
• Bachelor’s degree in a related field required.
• Intermediate knowledge of the residential mortgage industry, including capital markets and mortgage products.
• Advanced Excel skills and SQL skills (entry to intermediate).
• Advanced speaking and writing communication skills.

Responsibilities

• Assist in pricing, hedging, loan trading and securitization of non-agency loan pipeline.
• Daily rate sheet pricing and hedging the non-agency pipeline.
• Execute whole loan trades and manage trade documentation.
• Monitor the non-agency securitization market and maintain workflow tools.
• Prepare daily, weekly and monthly trading reports.
• Collaborate with operations and transaction-management teams on trading issues.

Skills

Advanced Excel

SQL

Communication skills

Mortgage industry knowledge

Education

Bachelor’s degree in a related field

Tools

Excel

Job description

AVP, Trader

Location: CA – Westlake Village

What You’ll Do

The AVP, Trader will assist in pricing, hedging, loan trading, and securitization of AmeriHome’s non‑agency loan pipeline. The role provides an opportunity to learn non‑agency loan executions, hedging, and other capital‑markets functions while growing this production channel at the largest bank‑owned originator in the country.

Trading Activities

• Daily rate sheet pricing
• Hedging the non‑agency pipeline
• Executing whole loan trades
• Trade documentation

Additional Duties

• Monitoring the non‑agency securitization market
• Maintaining workflow tools
• Daily, weekly and monthly reporting
• Collaborating with operations and transaction‑management teams on trading issues
• Confirming trade and blotter accuracy
• Additional duties as assigned

What You’ll Need

• 3+ years of related experience in Residential Mortgage Lending, Capital Markets or a similar field, or 1+ years with an advanced degree (MBA, Master’s in Finance, etc.)
• Bachelor’s degree in a related field required
• Intermediate knowledge of the residential mortgage industry in Correspondent or Retail Lending, including sales, operations, capital markets and/or other mortgage products and services
• Intermediate knowledge of applicable regulatory and legal compliance obligations, rules, regulations, industry standards and practices
• Advanced Excel skills
• Entry‑level to intermediate SQL skills
• Advanced speaking and writing communication skills

Compensation

Salary range for new hires is generally $107,395.00 – $132,661.00 for Westlake Village, CA. Salary is determined by specific job location and may be eligible for annual bonus or incentives.

Benefits

Competitive salaries, a 401(k) matching program, medical and dental insurance, paid time off, tuition assistance, an employee volunteer program, and a wellness program.

Equal Employment Opportunity

Western Alliance Bancorporation is committed to equal employment and will consider all qualified applicants without regard to race, sex, color, religion, age, nation of origin, marital status, disability, protected veteran status, sexual orientation, gender identity or genetic information. We also provide reasonable accommodations for individuals with disabilities.