The SVP-Capital Markets manages the Capital Markets operations supporting Secondary Marketing activities for the company, supporting both retail and MSR acquisition when necessary. This role will involve management of pricing, the mortgage pipeline, best execution analysis, hedging, trading, loan delivery, MSR acquisition, and reporting. The SVP-Capital Markets will have direct reports from the Secondary Marketing Division.
The SVP-Capital Markets reports to the CEO and Functional Reporting to Heads of Capital Markets at Freedom and must foster working relationships with other executives, direct reports, key stakeholders, vendors, investors, co-workers, and customers.
Manages the activities and operations of Capital Markets team.
Performs mortgage pipeline risk management activities to mitigate interest rate risk, including hedging with forward MBS trades and best effort commitments.
Sets daily rate sheet pricing and monitors competitive pricing landscape.
Responsible for best execution analysis that will optimize loan sale proceeds via whole loan, cash window or MBS pool delivery.
Oversight of the lock desk team and related activities.
Maintains the risk management and analytical framework (CompassPoint Analytics).
Manages existing investor relationships and responsible for sourcing and building new investor relationships.
Responsible for coaching, influencing and developing team members.
Implements strong controls and standards for all internal and external processes.
Ensures that unit meets government regulations by interpreting and executing all new regulatory and investor requirements,
Oversees and assists with internal and other audits of the functional area, including working closely with regulators, investors and attorneys.
Incumbent will be responsible for meeting RoundPoint’s commitment to compliance.
Bachelor’s Degree in Finance, Business Administration, Engineering or Mathematics.
8-10 years of experience in Capital Markets.
Flexible, action and results oriented, self-starting, and have strong analytical skills.
Proven track record in analyzing and compiling data from multiple sources.
Strong proficiency with the Microsoft Office Suite package including an expert knowledge of Excel.
High Proficiency in Excel & experience in SQL.
Demonstrated ability to effectively communicate with both internal and external customers, peers, and management.
Strong Knowledge of Capital Markets & Bond Math.
Experience with CompassPoint Analytics strongly preferred but not required.
Experience with Encompass and Optimal Blue is a plus.
Previous experience in Data Reporting a plus but not required.
RoundPoint’s Employee Value Proposition:
Grow. Make a difference. Have fun along the way.
Our mission is to serve our homeowners and all of their homeownership needs. We do this by embracing challenges, executing with excellence, and fostering a positive work culture that encourages personal and professional growth. We are on the fast track to becoming the premier marketplace for all things home, and the National Mortgage News and Best Companies Group just named us one of 2019's Best Mortgage Companies to Work For! Without a doubt, RoundPointers are what make this company a great place to work! That’s why we hire individuals who share our core values: Energy, Ethics, Execution, Everyone, and Earn it!
As a RoundPointer, we will empower you to innovate, provide meaningful solutions, set goals and crush them, play hard, and give back to the community! Our secret sauce is our mantra, All In. All Win. Together, we can achieve great things!
Physical Demands & Working Conditions
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this position. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. While performing the duties of this job:
The employee is regularly required to talk or hear.
The employee is required to sit for extended periods of time and is occasionally required to stand and walk.
The employee must regularly use hands to finger, handle, or feel objects and is regularly required to reach with hands and arms; the employee may occasionally climb or balance, and stoop, kneel, crouch, or crawl.
The employee must frequently lift and/or move up to 10 pounds and occasionally lift and/or move up to 25 pounds.
Specific vision abilities required by this job include close vision, distance vision, color vision, and ability to adjust focus.
The noise level in the work environment is usually quiet to moderate, and no extreme conditions are present.