Secondary Marketing Account Manager (Downtown)

Basic Function:

Responsible for risk management, trading and customer service of mortgage pipelines for multiple accounts.

Responsibilities:

- Responsible for hedging multiple client positions within specified risk tolerances.
- Manage the best execution and the profitability for each loan sale.
- Monitor daily fallout and manage daily risk positions.
- Speak daily to clients about the status of their pipeline, make trade recommendations and advise them of critical market and industry issues.
- Settlement of trades and deal reconciliation
- Review hedge analytics for accuracy
- Participate in the development and maintenance of investor relationships.
- Coordinate with clients to ensure timely delivery of all loans sales to investors.
- Interact with a Broker/Dealers and GSE’s.

Basic Qualifications:

- Bachelor’s degree or 3+ years equivalent work experience.
- Experience trading TBA’s with Broker Dealers
- Three (3) to five (5) years’ of secondary marketing experience
- Extensive knowledge of SQL, Excel, TradeWeb and Bloomberg
- Understand basic mortgage risk criteria such as fallout and Duration/Convexity
- Must be able to perform accurate work under intense time pressure

Ideal Qualifications:

- Excellent verbal and written communication skills.
- Strong mathematical and analytical aptitude.
- Strong customer service and leadership skills.
- Knowledge of investor guidelines pertaining to residential mortgages.
- Demonstrates attention to detail