VP, Capital Markets

Redwood Trust, Inc.; Columbus (OH); On-site; USD 170,000 - 194,000; Full time

Benefits offered by this job

Discretionary bonus

Health plans

401K matching

Job summary

Redwood Trust, Inc. seeks a visionary VP, Capital Markets (Risk Management) to steer enterprise-wide risk initiatives, transforming risk into a competitive advantage.

You will lead cross-functional teams, interact with senior leaders, and champion innovation and accountability. The ideal candidate brings 10+ years in capital markets, expertise in risk modeling, derivatives, and regulatory compliance, plus strong communication.

Qualifications

• Bachelor’s degree in finance or related field.
• 10+ years of experience in capital markets or finance.
• Strong problem-solving and attention to detail.
• Experience with risk models and derivatives a plus.
• Excellent communication and stakeholder management.

Responsibilities

• Set and execute the strategic vision for risk management, driving initiatives that position risk as a source of competitive advantage.
• Develop and maintain risk models for residential risk positions and associated metrics (RMBS, IOs, MSRs, AIOS, Derivatives).
• Refine interest rate risk trading strategies and perform regression analyses to tune models.
• Collaborate with IT to ensure data accuracy and integrity for risk models.
• Present to senior leadership and build strategic alliances across the organization and with external stakeholders.

Skills

Executive presence

Risk modeling

Data integrity

Excel modeling

Analytical thinking

Education

Bachelor's degree in Finance/Economics/Mathematics

Tools

Bloomberg terminal

Excel

Job description

As VP, Capital Markets (Risk Management), you will set the strategic vision for risk management, driving enterprise-wide initiatives that optimize risk as a competitive advantage. You will lead cross-functional teams, present regularly to senior leadership, and champion a culture of innovation and continuous improvement. This role requires strong executive presence, with regular interaction and influence over key decisions made by senior leaders, as well as building strategic alliances across departments and with external stakeholders including auditors, traders, and investors.

The ideal candidate is a change agent who embraces innovation and leads transformation in risk modeling, technology, and regulatory compliance. Experience with automation, AI, and machine learning in risk analytics is highly valued. You will mentor and develop junior talent, foster a culture of transparency and accountability, and promote risk awareness across the organization.

Responsibilities & Duties

• Set and execute the strategic vision for risk management, driving initiatives that position risk as a source of competitive advantage.
• Lead the development, maintenance, and enhancement of risk models for calculation and reporting of residential risk positions, including valuation and associated risk metrics for: Residential mortgages (primarily jumbo loans), RMBS: including bonds up and down the stack – including IOs, MSRs & AIOS and Derivatives
• Develop and refine interest rate risk trading strategies and do regression analysis of historical market patterns to fine-tune proprietary models.
• Assist in reconciliation of month-end reporting with the accounting department.
• Staying in lockstep with pricing desk of changes to pricing strategy and whole loan trades then implementing within risk modeling.
• Partner with IT team to ensure data accuracy and integrity for data flows into risk models.
• Responsible for maintaining a clean working model; constantly revisiting existing modeling to ensure accuracy and looking for efficiency improvements.
• Oversee loan data uploads and updates, ensuring data quality and timeliness.
• Present to senior leadership, influencing key decisions and building strategic alliances across the organization and with external stakeholders.
• Collaborate and work with other team members across all the business functions.

Required Experience & Education

• Bachelor’s degree in Business Administration with a focus on Finance, Economics, Mathematics, or similar.
• 10+ years of experience preferred in Capital Markets, Treasury, and/or Finance.
• Trading and derivatives experience a plus.
• High attention to detail with effective problem-solving skills with accuracy always at the forefront.
• Technologically savvy, with the ability to pick up new software quickly always with an eye towards efficiency and modernization.
• Proficiency with Microsoft Excel with a track record of modeling that is clean and easy to follow.
• Experience with Bloomberg and corresponding Excel interface a plus.
• Excellent oral and written communication skills.
• Analytical thinking ability, diplomacy and professionalism.
• Self-starter, not afraid to ask questions, and accountability are all key traits of the successful candidate.
• Has the ability to “see around corners”: not waiting for something to become a problem before raising the issue and getting in front of the problem.
• Mortgage Industry Knowledge: to include a general knowledge of mortgage banking and market dynamics as they apply to Redwood Trust.

A reasonable estimate of the base compensation range for this role is $170,000-$194,000. The actual salary offer to the successful candidate will be based on job-related education, geographic location, training, licensure and certification, and other factors. CoreVest also offers a competitive benefit package including discretionary corporate bonus program, multiple health plans, STD and LTD options, company sponsored life insurance, fitness reimbursement, paid parental leave, time to volunteer, Paid Time off, ESPP, and 401K matching.

At Redwood Trust, we are committed to fostering an inclusive workplace where diversity is valued, and everyone has the opportunity thrive. We welcome applications from individuals of all backgrounds and experiences. We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.