Senior Manager, Mortgage Secondary Markets

City National Bank; California (MO); On-site; USD 196,000 - 364,000; Full time

Benefits offered by this job

Healthcare coverage

401(k) matching

Tuition reimbursement

Paid time off

Career development

Job summary

City National Bank seeks a senior leader for Mortgage Banking Secondary Marketing to oversee product design, pricing, hedging, and trading of Held for Sale and Held for Investment residential loans. You will own segment P&L across origination, processing, sale, securitization, and servicing.

You will build investor and counterparty relationships, drive profitability through best execution, and ensure compliance with policy, risk, and regulatory requirements while guiding Treasury and product

Qualifications

• Bachelor's Degree or equivalent.
• 20+ years of experience in residential mortgage secondary marketing.
• 10+ years of experience dealing with Fannie/Freddie affordability programs (Home Ready/Home Possible).
• 15+ years of experience with delivery to Fannie Mae / Freddie Mac.
• 10+ years of experience with sales of non-Agency / non-QM loans.
• 10+ years of experience with structuring private-label residential mortgage-backed securities.
• 15+ years of mortgage pricing engine software implementation experience.

Responsibilities

• Develop and lead mortgage secondary market activities and initiatives.
• Develop and manage product, investor, trading/counterparty relationships.
• Identify and develop new investors with high liquidity and safe banking execution.
• Optimize profitability through best execution analysis.
• Consistently execute with best-in-class benchmarks to Agencies and private investors.
• Coordinate with Treasury on balance sheet management and hedging as needed.
• Execute pooling commitments and cash loan sales; oversee sales/pools with related teams.

Skills

Leadership

Collaboration

Data analysis

Critical thinking

Education

Bachelor's Degree or equivalent

Tools

Mortgage pricing engine software

Job description

City National Bank seeks a senior leader for Mortgage Banking Secondary Marketing to oversee product design, pricing, hedging, and trading of Held for Sale and Held for Investment residential loans. You will own segment P&L across origination, processing, sale, securitization, and servicing.

You will build investor and counterparty relationships, drive profitability through best execution, and ensure compliance with policy, risk, and regulatory requirements while guiding Treasury and product