Secondary Marketing Trading Analyst I - United Wholesale Mortgage
Pontiac, MI 48340
About the Job
The Capital Markets Trading Analyst will support the day-to-day trading of Agency MBS specified pools and TBAs. The Trading Analyst create and implement new processes and procedures, identify data-driven opportunities to enhance our hedging and execution strategies, and support the continued growth of our trading operations.
WHAT YOU WILL BE DOING:- Utilizing data to ensure the Company’s mortgage loan pipeline is forecasted, tracked and hedged properly within the market
- Researching market data from our broker dealers, third party data vendors, and other sources to implement enhanced processes with our trading team
- Providing Management with ongoing information about relative value, market sentiment, trading environment, trading volume and price volatility
- Developing and provides metrics on trading and execution
- Provides Capital Market team members with daily market updates
- Performing business analysis to identify opportunities to make our processes more efficient and identify solutions to grow and evolve our trading strategy
- Overseeing secondary market duties that aid in the selling and purchasing of loans, streamlining existing processes to facilitate loan sales.
- Scheduling and participating in calls with broker dealers to build relationships and enhance profitability.
- Developing solutions to streamline/automate existing processes and recommend process improvements to improve the efficiency of the capital markets team
- Securing buy-in and influence change at all levels through gaining trust with excellent verbal communication, presentation, collaboration and teamwork skills
- Researching ad-hoc requests, develop proposals and work with necessary teams to implement solutions for programmatic resolution
- Bachelor’s degree in Economics, Finance, Mathematics or applicable area
- 2+ years of trading or modeling experience in Agency MBS specified pools & TBA
- Strong understanding of mortgage capital markets, mortgage-backed securities and whole loan purchases and sale
- Proficient in Microsoft Office Applications with Advanced Excel skills
- Strong organizational, written and verbal communication skills
- Strong work ethic, self-motivation and drive
- Familiarity with software programs and analytics used in mortgages; experience working with QRM a plus
- Experience with database and reporting software such as Hyperion or SQL
Ready to join thousands of talented team members who are making the dream of home ownership possible for more Americans? It’s all happening on UWM’s campus, where our award-winning workplace packs plenty of perks and amenities that keep the atmosphere buzzing with energy and excitement.
It’s no wonder that out of our six pillars, People Are Our Greatest Asset is number one. It’s at the very heart of how we treat each other, our clients and our community. Whether it’s providing elite client service or continuously striving to improve, our pillars provide a pathway to a more successful personal and professional life.
From the team member that holds a door open to the one that helps guide your career, you’ll feel the encouragement and support on day one. No matter your race, creed, gender, age, sexual orientation and ethnicity, you’ll be welcomed here. Accepted here. And empowered to Be You Here.
More reasons you’ll love working here include:
- Paid Time Off (PTO) after just 30 days
- Additional parental and maternity leave benefits after 12 months
- Adoption reimbursement program
- Paid volunteer hours
- Paid training and career development
- Medical, dental, vision and life insurance
- 401k with employer match
- Mortgage discount and area business discounts
- Free membership to our large, state-of-the-art fitness center, including exercise classes such as yoga and Zumba, various sports leagues and a full-size basketball court
- Wellness area, including an in-house primary-care physician’s office, full-time massage therapist and hair salon
- Gourmet cafeteria featuring homemade breakfast and lunch
- Convenience store featuring healthy grab-and-go snacks
- In-house Starbucks and Great Lakes Coffee Roasting Company
- Indoor/outdoor café with Wi-Fi