Capital Markets Director

CapCenter; Glen Allen (VA); On-site; USD 150,000 - 225,000; Full time

Benefits offered by this job

Medical insurance

Dental insurance

Vision insurance

Life insurance

401(k) with company match

Paid vacation

Paid holidays

Job summary

CapCenter, founded to simplify homeownership, seeks an experienced capital markets leader to own pricing, hedging, and investor relationships for its loan portfolio. This role reports to the CFO and drives margin protection and best execution across the investor set.

The ideal candidate has 10+ years in mortgage secondary marketing, strong quantitative skills, and a track record of managing risk and counterparty relations. Located near Richmond, VA, with competitive compensation.

Qualifications

• 10+ years of capital markets or secondary marketing experience in mortgage lending.
• Deep pipeline hedging expertise, including TBA/MBS and forward commitments.
• Track record of loan sales, best execution, and investor delivery that protected gain-on-sale margin.
• Experience managing investor counterparty relationships.
• Strong quantitative and analytical skills, with fluency in pricing and hedge models.
• People leadership experience on a secondary or capital markets desk.
• Demonstrated ability to handle confidential financial information discreetly and with integrity.

Responsibilities

• Own CapCenter's rate sheets, pricing engine, and margin strategy.
• Run the lock desk and manage interest-rate risk in the pipeline; hedge positions day to day.
• Execute loan sales and ensure best execution across investors; minimize costs.
• Own investor approvals and counterparty relationships and MSR strategy.
• Report position, margin, and execution performance to the CFO; manage risk with policy; coordinate with Legal and Compliance.

Skills

Capital markets experience

Pipeline hedging

Pricing models

Investor relationships

Quantitative analysis

People leadership

Integrity & discretion

Tools

Optimal Blue

Polly

MCT

Encompass

Job description

Founded in Richmond, Virginia in 1997, CapCenter exists to help individuals and families achieve one of life's most meaningful milestones - homeownership. By bringing mortgage, realty, and insurance services together under one roof, we provide a simpler, more transparent experience designed to save clients time and money. Our commitment to innovation, including our Zero Closing Cost mortgage, has earned the trust of thousands of clients and fueled our growth through repeat business and referrals.

Job Overview

Own the revenue side. CapCenter originates the loans; you make sure every one is priced right, its interest-rate risk is hedged, and it sells for the best possible execution - and that the investor relationships behind the business are strong and well-managed. This is the seat that protects and grows CapCenter's gain-on-sale margin loan by loan, and it carries real strategic weight: you'll own pricing, the lock desk, pipeline hedging, loan sales, and the investor relationships, reporting directly to the CFO. It's a for a capital markets leader who wants the whole function, not just a desk.

Key Responsibilities

Pricing and Margin

Own CapCenter's rate sheets, pricing engine, and margin strategy. Set pricing that stays competitive at the point of sale while protecting profitability, and partner with Sales and Production on the tradeoff between winning the loan and the margin on it.

Lock Desk and Pipeline Hedging

Run the lock desk and manage the interest-rate risk in the pipeline. Hedge the position using TBA/MBS and forward commitments, manage it on a pull-through-adjusted basis, and protect margin against rate moves day to day.

Loan Sales and Best Execution

Execute loan sales and investor deliveries, and manage best execution across the investor set to maximize gain on sale. Minimize pair-off and fallout costs, and keep delivery clean and on time.

Investor and MSR Strategy

Own investor approvals and counterparty relationships, including contracts and reps and warrants. Set the strategy on mortgage servicing rights, including retain versus release, valuation, and any servicing-rights sales.

Risk, Reporting, and Partnership

Report position, margin, and execution performance to the CFO on a regular cadence, and manage interest-rate and counterparty risk within policy. Partner with the CFO and Finance, who own warehouse lines and financing, on funding and liquidity. Partner with Production on the pull-through inputs that drive hedging, with Legal on investor contracts, and with Compliance and Quality Control on repurchase and defect risk.

Qualifications

• 10+ years of capital markets or secondary marketing experience in mortgage lending
• Deep, hands-on pipeline hedging expertise, including TBA/MBS and forward commitments
• A track record of loan sales, best execution, and investor delivery that protected gain-on-sale margin
• Experience managing investor counterparty relationships
• Strong quantitative and analytical skills, and fluency with pricing and hedge models
• People leadership experience, having built or led a secondary or capital markets desk
• Demonstrated ability to handle confidential financial information discreetly and act with professionalism and integrity

Preferred

Experience with MSR valuation and retain-versus-release strategy; securitization or GSE delivery experience across Fannie Mae, Freddie Mac, and Ginnie Mae; fluency with pricing and hedge-advisory platforms such as Optimal Blue, Polly, or MCT; familiarity with the Encompass loan origination system; East Coast multi-state lending experience.

Compensation

The estimated range of $150,000 - $225,000 reflects the budgeted amount for this position. Individual compensation will be determined based on job-related business considerations, such as relevant qualifications, experience, location, education, certifications, skills, and other job-related reasons. Where applicable, this position is eligible for incentive compensation and/or discretionary bonus opportunities.

Benefits

CapCenter offers a comprehensive benefits package, including medical, dental, vision, life insurance, a 401(k) plan with company match, paid vacation, paid holidays, and other programs designed to support the well-being and professional growth of our employees.

Physical Requirements And Work Environment

Work is primarily performed in a professional office environment and may involve extended periods of sitting, computer use, keyboarding, and telephone or virtual communication. The position may require managing competing priorities, responding to time-sensitive matters, maintaining accuracy and attention to detail, and working effectively in a fast-paced environment.

Reasonable Accommodation

As required by law, reasonable accommodations may be made to enable qualified individuals with disabilities to perform the essential functions of the position.

Equal Opportunity Employer

CapCenter is an Equal Opportunity Employer (Veteran/Disability). All qualified applicants will be considered regardless of race, color, national origin, age, religion, sex, sexual orientation, gender identity, or any other status protected by applicable federal, state, or local law.