AVP, Trader (Trading Desk)

Western Alliance Bank; United States; On-site; USD 110,000 - 170,000; Full time

Benefits offered by this job

Competitive salaries

Ownership stake in the company

Medical and dental insurance

Time off

401k matching program

Tuition assistance program

Employee volunteer program

Wellness program

Job summary

AmeriHome Mortgage, a Western Alliance Bank company, seeks an AVP, Trader for its CA trading desk. You will support hedging, pooling, and whole loan strategies, working with seasoned capital markets professionals and enhancing agency pipeline execution.

The role requires mortgage markets knowledge, strong analytics, and advanced degree may be preferred. A dynamic, fast-paced environment offers growth and exposure to leading mortgage-originator practices.

Qualifications

• Bachelor’s degree in a related field required.
• Advanced Excel proficiency required.
• SQL at entry to intermediate level acceptable.
• Strong written and verbal communication skills essential.
• Mortgage capital markets knowledge or related experience preferred.

Responsibilities

• Provide analytical support for trading desk activities, including hedging agency mortgage pipelines.
• Support pool auction processes and evaluate execution opportunities.
• Assist with whole loan trade execution and desk workflows.
• Monitor MBS markets, trade activity, and relative value opportunities.
• Assist pooling activities and agency delivery execution; collaborate with operations to resolve issues.
• Confirm trades and maintain accurate trade blotter records.

Skills

Advanced Excel

SQL

Strong communication

Education

Bachelor's degree in related field

MBA or Master’s in Finance

Job description

Job Title: AVP, Trader (Trading Desk)

Location: CA - Westlake Village

What you'll do:

The AVP, Trader role within Capital Markets is an exciting opportunity to join AmeriHome's high-performing mortgage secondary marketing trading desk. This fast-paced environment offers direct exposure to seasoned capital markets professionals and the opportunity to learn best practices across hedging, MBS sales, pooling, and whole loan trading for AmeriHome's agency pipeline. The ideal candidate will bring mortgage capital markets experience, strong analytical skills, or an advanced financial degree such as a master's in finance or an MBA. This position provides hands-on experience with sophisticated loan and MBS execution strategies at one of the nation's leading bank-owned mortgage originators.

Responsibilities:

• Provide analytical and operational support for core trading desk activities, including: Assisting with agency mortgage pipeline hedging activities in a dynamic market environment.
• Supporting specified pool auction processes and helping evaluate execution opportunities.
• Assisting with whole loan trade execution and related desk workflows.
• Monitor specified pool MBS markets, trade activity, and relative value opportunities.
• Assist with pooling activities and agency delivery execution.
• Partner with operations teams to resolve pooling, delivery, or trading issues quickly and accurately.
• Confirm trades and maintain accurate trade blotter records

What you'll need:

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

Benefits you’ll love:

• 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
• a wellness program

In addition, you'll 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, Member FDIC, is a wholly owned subsidiary of Western Alliance Bancorporation. Serving clients nationwide, Western Alliance Bank includes six legacy bank brands - Alliance Association Bank, Alliance Bank of Arizona, Bank of Nevada, Bridge Bank, First Independent Bank and Torrey Pines Bank - that remain part of the company’s heritage.

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 [e-mail] or call 602-386-2488. 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.