Associate, Mortgage Finance Structurer

Wells Fargo•New York, NY

1d•$167,000 - $260,000•Onsite

About The Position

Wells Fargo is seeking a Mortgage Structuring & Analytics Associate to join the Mortgage Finance Group (MFG), which provides financing and capital markets solutions to entities that own, originate, or service residential real estate loans and related assets. The Structuring & Analytics team handles front-office analysis, including transaction structuring, collateral credit underwriting, asset disposition advice, mortgage asset valuation, market monitoring, portfolio risk management, and management performance reporting. The Associate will report to an Executive Director on a four-person team and work directly on live transactions from day one. The role supports RMBS transactions across a variety of residential asset classes and involves client and internal coordination, mortgage asset valuation and financing solutions, warehouse line oversight, market and collateral monitoring, and collaboration across origination, capital markets, trading, sales, portfolio management, syndicate, and credit risk teams. The position is based at one of the listed Wells Fargo offices and requires onsite work under current office requirements, travel as needed, and additional hours as needed. Required FINRA licensing and related background and compliance requirements apply.

Requirements

2+ years of Investment Banking experience, or equivalent demonstrated through work experience, training, military experience, education.
Ability to travel as needed.
Willingness to work onsite in accordance with current office requirements, currently five days in office.
Ability to work additional hours as needed.
Obtain and/or maintain appropriate FINRA license(s) for ongoing employment; Series 79 and 63 examinations or equivalents may be required within 90 or 180 days following commencement, depending on licensing needs.
Meet applicable state law registration and licensing requirements and enhanced financial fitness and criminal background standards; successfully pass FINRA background screening prior to hire.
Meet ongoing regulatory obligations, including periodic screening and mandatory reporting of certain incidents.
Provide information to the Wells Fargo Personal Account Dealing Team and abide by applicable policies if subject to outside-activity or personal-investing requirements.

Nice To Haves

3+ years of structured finance experience, including direct transaction-structuring experience.
Direct experience with collateral tools and structuring software, including CAS, Intex, Bloomberg, Polypaths, and Yieldbook.
Proficiency with coding languages, databases, and visualization tools, including Python, SQL, and Power BI.
Strong understanding of capital markets and mortgage banking.
Excellent verbal, written, and interpersonal communication skills.
Strong analytical skills with high attention to detail and accuracy.
Ability to execute in a fast-paced, high-demand environment while managing multiple priorities.
Ability to work effectively in a team and across organizational levels, with flexibility, collaboration, and adaptability.
BS/BA degree or higher in a quantitative field such as mathematics, physics, or engineering, or equivalent experience.

Responsibilities

Support structuring and underwriting Residential Mortgage-Backed Securities (RMBS) transactions across asset classes including Prime Jumbo, Non-QM, CRT, RTL, SFR, second liens, and emerging residential asset classes.
Coordinate with clients, relationship managers, traders, syndicate, rating agencies, lawyers, and accountants to support transaction execution.
Use structuring and market knowledge to provide solutions and valuations for mortgage-related assets, including financing arrangements and client advisory activities.
Oversee mortgage warehouse financing lines, including borrowing-base maintenance, mark-to-market, risk monitoring, and reporting.
Monitor market conditions and collateral performance, report key metrics, and lead discussions with internal partners.
Collaborate with origination and capital markets, portfolio management, mortgage trading, syndicate, sales, and credit risk teams.
Travel as needed and work additional hours as needed.
Obtain and/or maintain appropriate FINRA license(s) for ongoing employment; comply with applicable state registration, licensing, screening, and regulatory obligations.