Mortgage-Backed Securities Trader and Pipelin
Apply NowCompany: KIND LENDING LLC
Location: Santa Ana, CA 92704
Description:
Position Summary:
The MBS Trader & Pipeline Manager will be responsible for facilitating activities related to Mortgage Pipeline Hedging and Loan Sale Execution. This includes monitoring mortgage secondary markets, hedging interest-rate risk on loans, managing daily risk positions, and selling to the best execution of loan deliveries into the secondary market.
The Team:
At Kind Lending, our family of diverse and talented Kind Ambassadors are the driving force behind our new approach to the mortgage experience. They're the heart and soul of the organization and our "People Before Profits" mentality shines through in every department. Kind Lending is growing and is looking for top mortgage professionals who value opportunity, lasting business partnerships, and who live out our KIND mindset. Kind Lending is determined to provide the best service in the industry while also providing homebuyers a great selection of products to enhance their buying experience. Backed by our trusted leadership team, Kind Lending's friendly and professional model puts the "fun" in funding.
Pay Disclosure:
The starting base salary range for this position is $80,000 - $90,000 annually. The actual base is dependent on many factors such as: work experience, business needs, market demands, and other compensation components. The base pay range is subject to change and may be modified in the future.
Work Location:
This position can be located in the Corporate Headquarters in Santa Ana, CA with the ability to work from home 1 to 2 days per week or Remote within the 50 United States if the successful candidate resides more than 30 miles from the office.
Responsibilities:
Education:
Competencies:
Work Authorization:
Must be able to verify identity and employment eligibility to work in the U.S. without a visa sponsorship.
Other Duties:
This job profile is not intended to be an all-inclusive list of job duties and responsibilities, as one may perform additional related duties as assigned to meet the needs of the organization.
Physical Demands:
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. Primary functions require sufficient physical ability and mobility to work in an office setting; to stand or sit for prolonged periods of time; to occasionally stoop, bend, kneel, crouch, reach, and twist; to lift, carry, push, and/or pull light to moderate amounts of weight; to operate office equipment requiring repetitive hand movement and fine coordination including use of a keyboard; and to verbally communicate to exchange information. VISION: See in the normal visual range with or without correction. HEARING: Hear in the normal audio range with or without correction.
Kind Lending is an Equal Opportunity Employer committed to workforce diversity. Qualified applicants will receive consideration without regard to race, religion, creed, color, orientation, gender, age, national origin, veteran status, disability status, marital status, sexual orientation, gender identity, or gender expression.
The MBS Trader & Pipeline Manager will be responsible for facilitating activities related to Mortgage Pipeline Hedging and Loan Sale Execution. This includes monitoring mortgage secondary markets, hedging interest-rate risk on loans, managing daily risk positions, and selling to the best execution of loan deliveries into the secondary market.
The Team:
At Kind Lending, our family of diverse and talented Kind Ambassadors are the driving force behind our new approach to the mortgage experience. They're the heart and soul of the organization and our "People Before Profits" mentality shines through in every department. Kind Lending is growing and is looking for top mortgage professionals who value opportunity, lasting business partnerships, and who live out our KIND mindset. Kind Lending is determined to provide the best service in the industry while also providing homebuyers a great selection of products to enhance their buying experience. Backed by our trusted leadership team, Kind Lending's friendly and professional model puts the "fun" in funding.
Pay Disclosure:
The starting base salary range for this position is $80,000 - $90,000 annually. The actual base is dependent on many factors such as: work experience, business needs, market demands, and other compensation components. The base pay range is subject to change and may be modified in the future.
Work Location:
This position can be located in the Corporate Headquarters in Santa Ana, CA with the ability to work from home 1 to 2 days per week or Remote within the 50 United States if the successful candidate resides more than 30 miles from the office.
Responsibilities:
- Manage the interest rate risk of the mortgage pipeline with hedging, trading, and loan sale activities.
- Review Loan pipeline, risk management policies, and exception reports to manage the mortgage pipeline, research and resolve issues.
- Maintain positive investor relations to facilitate achieving best execution asset sales to maximize profitability.
- Manage loan executions with correspondent investors, agencies with retained and co-issue options, agency specified pools, including issuing Fannie, Freddie, and Ginnie securities.
- Conduct best execution analysis and optimization to maximize profitability.
- Analyze pull-through trends.
Education:
- Bachelor's degree in Business Administration, Accounting, or Finance or 5yrs equivalent work experience.
Competencies:
- 3 to 5 years of experience in a previous MBS trader or Capital Markets SR Analyst position.
- Attention to detail focus with ability to multitask in a fast paced, elevated risk environment.
- Excellent verbal and written communication skills.
- Knowledge of the secondary market including relevant regulations, the economic environment, market trends, and the financial markets.
- Fundamental knowledge of mortgage banking in general, including key process flows, and risk/reward relationships.
- Experience with Compass Analytics and Optimal Blue highly desired
Work Authorization:
Must be able to verify identity and employment eligibility to work in the U.S. without a visa sponsorship.
Other Duties:
This job profile is not intended to be an all-inclusive list of job duties and responsibilities, as one may perform additional related duties as assigned to meet the needs of the organization.
Physical Demands:
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. Primary functions require sufficient physical ability and mobility to work in an office setting; to stand or sit for prolonged periods of time; to occasionally stoop, bend, kneel, crouch, reach, and twist; to lift, carry, push, and/or pull light to moderate amounts of weight; to operate office equipment requiring repetitive hand movement and fine coordination including use of a keyboard; and to verbally communicate to exchange information. VISION: See in the normal visual range with or without correction. HEARING: Hear in the normal audio range with or without correction.
Kind Lending is an Equal Opportunity Employer committed to workforce diversity. Qualified applicants will receive consideration without regard to race, religion, creed, color, orientation, gender, age, national origin, veteran status, disability status, marital status, sexual orientation, gender identity, or gender expression.