SVP, Trader

Western Alliance Bank

  • Westlake Village, CA
  • Permanent
  • Full-time
  • 9 days ago
Job Title: SVP, TraderLocation: CA - Westlake VillageWhat you'll do: As the SVP, Trader (CRA and Whole Loan), you will lead the CRA and other whole loan business lines within AmeriHome’s Capital Markets Team. Key responsibilities include prospecting new clients, managing existing inquiries, and determining acquisition margins and pay-ups to optimize P&L performance.You will represent AmeriHome professionally in interactions with trading counterparties on both the buy and sell sides. This role offers a unique opportunity to leverage your expertise in mortgage loan exits and deal-making to directly impact production P&L at one of the nation's top bank-owned originators.Manage CRA and loan trading activities including inventory and pricingMaintain targeted CRA pay-up areas and criteriaRun best-execution models to determine if trading loans or securitization is more profitableProspect for new clientsExecute loan trades and required documentationMonitor settlementsAssist in trade documentation negotiations when neededWhat you'll need:
  • 10+ years of related experience in Residential Mortgage Lending, Capital Markets or similar field.
  • Bachelor's degree in related field required; Masters or MBA in related field preferred.
  • Previous leadership experience required.
  • Advanced knowledge of residential mortgage industry in Correspondent or Retail Lending including; sales, operations, capital markets and/or other residential mortgage products and services.
  • Advanced knowledge of applicable regulatory and legal compliance obligations, rules and regulations, industry standards and practices.
  • Advanced in Capital Markets functions including trading, hedging, best execution calculations and margin management.
  • Intermediate in VBA and/or SQL.
  • Advanced speaking and writing communication skills.
  • CFA preferred.
Compensation: Salary range for new hires is generally $207,535.00 - $240,000.00 for Westlake Village, CA. Salary amount is determined by specific job location. In addition, the role may be eligible for annual bonus/incentives earned.Benefits you’ll love:We offer all the important things you'd want — like competitive salaries, an ownership stake in the company, medical and dental insurance, time off, a great 401k matching program, tuition assistance program, an employee volunteer program, and a wellness program. In addition, you’ll have the opportunity to bolster your business knowledge, learning the ins and outs of how successful companies operate and manage their finances, giving you invaluable hands-on experience to help grow your career!About the company:AmeriHome Mortgage is a Western Alliance Bank company. Western Alliance Bank is a wholly owned subsidiary of Western Alliance Bancorporation. Alliance Bank of Arizona, Alliance Association Bank, Bank of Nevada, Bridge Bank, First Independent Bank, and Torrey Pines Bank are divisions of Western Alliance Bank; Member FDIC.Western Alliance Bancorporation is committed to equal employment and will consider all qualified applicants without regard to race, sex, color, religion, age, nation origin, marital status, disability, protected veteran status, sexual orientation, gender identity or genetic information. Western Alliance Bancorporation is committed to working with and providing reasonable accommodations for individuals with disabilities. If you are an individual with a disability and require a reasonable accommodation to complete any part of the application process and/or need an alternative method of applying, please email or call 602-386-2488. When contacting us, please provide your contact information and state the nature of your accessibility issue. We will only respond to inquiries concerning requests that involve a reasonable accommodation in the application process.© Western Alliance Bancorporation

Western Alliance Bank