Mortgage-Backed Securities Trader and Pipelin
About the position
The MBS Trader & Pipeline Manager at Kind Lending is a pivotal role responsible for overseeing the Mortgage Pipeline Hedging and Loan Sale Execution processes. This position involves a comprehensive understanding of the mortgage secondary markets, where the trader will actively monitor market conditions and manage interest-rate risk associated with loans. The role requires the execution of loan sales to ensure optimal delivery into the secondary market, thereby maximizing profitability for the organization. As part of a dynamic team, the MBS Trader will engage in daily risk management activities, including reviewing the loan pipeline and risk management policies. The trader will also analyze exception reports to identify and resolve issues that may arise in the mortgage pipeline. Maintaining positive relationships with investors is crucial, as this facilitates the achievement of best execution asset sales. The trader will manage loan executions with various correspondent investors and agencies, including the issuance of securities through Fannie Mae, Freddie Mac, and Ginnie Mae. The ideal candidate will possess a strong analytical mindset, capable of conducting best execution analysis and optimization to enhance profitability. They will also be responsible for analyzing pull-through trends to inform decision-making processes. This role is integral to Kind Lending's mission of providing exceptional service and a diverse range of products to homebuyers, all while fostering a culture that prioritizes people over profits.
Responsibilities
Manage the interest rate risk of the mortgage pipeline with hedging, trading, and loan sale activities.
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Review loan pipeline, risk management policies, and exception reports to manage the mortgage pipeline, research and resolve issues.
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Maintain positive investor relations to facilitate achieving best execution asset sales to maximize profitability.
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Manage loan executions with correspondent investors and agencies, including issuing Fannie, Freddie, and Ginnie securities.
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Conduct best execution analysis and optimization to maximize profitability.
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Analyze pull-through trends.
Requirements
Bachelor's degree in Business Administration, Accounting, or Finance or 5 years equivalent work experience.
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3 to 5 years of experience in a previous MBS trader or Capital Markets SR Analyst position.
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Attention to detail with the ability to multitask in a fast-paced, elevated risk environment.
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Excellent verbal and written communication skills.
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Knowledge of the secondary market including relevant regulations, the economic environment, market trends, and the financial markets.
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Fundamental knowledge of mortgage banking, including key process flows and risk/reward relationships.
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Experience with Compass Analytics and Optimal Blue highly desired.
Nice-to-haves
Benefits
Work from home 1 to 2 days per week or fully remote within the 50 United States if residing more than 30 miles from the office.
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