Hybrid Hedging Leader, Secondary Mortgage Markets

RZS Recruitment; Pittsburgh (Allegheny County); On-site; USD 160,000 - 200,000; Full time

Benefits offered by this job

Flexible work from home days

Relocation assistance possible

Job summary

A financial services firm is seeking a VP, Hedging Manager of Secondary Markets in Pittsburgh. This role requires a Bachelor's degree and 5+ years of related experience, focusing on hedge effectiveness and risk analytics. Responsibilities include modeling hedges for mortgage pipelines, developing performance monitoring frameworks, and managing MSR hedges. Ideal candidates must possess strong knowledge in interest rates and options trading. Excellent communication and project management skills are essential. Flexible work from home days may be available.

Qualifications

• BA or BS required.
• 5+ years of experience in relevant fields required.
• Must be based in Pittsburgh or willing to relocate.

Responsibilities

• Model hedge effectiveness of HFS Mortgage Pipeline.
• Develop performance monitoring and feedback mechanisms.
• Create frameworks for managing the MSR hedge.
• Apply advanced analytics & modeling for pricing analysis.
• Coordinate monthly market-to-market profitability.
• Manage trade to pool allocation and settlement processes.

Skills

Excellent communication skills, both written and verbal

Excellent management skills

Excellent project management skills

Detail-oriented

Ability to work and multi-task in a fast paced environment

Excellent organizational, analytical and interpersonal skills

Strong knowledge of secondary residential markets

Knowledge of derivatives, options trading and modeling

Experience in hedging mortgages and MSR

Understanding of MBS trading and specified pools

Education

Bachelor's Degree

Tools

MSR

Derivatives

Job description

A financial services firm is seeking a VP, Hedging Manager of Secondary Markets in Pittsburgh. This role requires a Bachelor's degree and 5+ years of related experience, focusing on hedge effectiveness and risk analytics. Responsibilities include modeling hedges for mortgage pipelines, developing performance monitoring frameworks, and managing MSR hedges. Ideal candidates must possess strong knowledge in interest rates and options trading. Excellent communication and project management skills are essential. Flexible work from home days may be available.