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Analyst, Mortgage Trading
PennyMac
Westlake Village, CA, United States
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Job Description
The Mortgage Trading Analyst will conduct extensive analysis on various mortgage portfolios & loan level data. This analyst will also act as a junior supervised trader on the trading desk.
Job Responsibilities:
• Analyze collateral data for whole-loan trading and securitization
• Maintain Mortgage Trading databases (NEC, pairoff, extensions)
• Mortgage Trading liaison to other departments (Financial Analysis and Valuation, Portfolio Strategy, Treasury, Servicing & Accounting)
• Review and analyze performance related metrics based on historical data gathered from portfolio position
• Ad hoc and project oriented requests related to pricing, reporting and data management
• Work with correspondents and PCG sales/analytics to optimally bid loan packages for sale
• Supervised trading ability for smaller size loan packages
• Assist traders in managing trade positions via dollar rolls and swaps
Preferred Qualifications
Skills & Abilities:
• Bachelor's Degree in Business Finance or related field.
• Candidate must be detail-oriented due to the significant and immediate financial impact on valuation/pricing/trading.
• Moderate knowledge of Microsoft Excel required; advanced skills with Microsoft Excel a plus.
• Knowledge of SQL a plus.
• Ability to work independently with minimal supervision.
• Ability to prioritize work and meet deadlines.
• Excellent organizational skills.
• Good communication skills.
• 0-2+ years of experience in mortgages
Education & Experience:
• 4 Year college degree (Bachelor) or equivalent work experience
• Less than 1 year