AVP, Market Risk

Western Alliance Bank•Westlake Village, CA

1d•$100,370 - $123,983•Onsite

About The Position

The AVP, Market Risk plays a supporting role in the valuation, risk management, and reporting on Amerihome’s Mortgage Servicing Rights (MSR) and GNMA Early Buyout (EBO) portfolios. This position is ideal for a candidate eager to contribute to Capital Markets, working alongside business lines across the company to assist with risk analytics, help optimize hedging strategies, and support transparent reporting on portfolio performance and risk exposures.

Requirements

3+ years of related experience in Market Risk Management or Capital Markets or similar field.
Bachelor's degree or equivalent experience required; Masters or MBA in related field preferred.
Intermediate knowledge of residential mortgage industry in Correspondent or Retail Lending; including sales, operations, capital markets and/or other residential mortgage products and services.
Intermediate knowledge of applicable regulatory and legal compliance obligations, rules and regulations, industry standards and practices.
Intermediate knowledge of fixed income markets, including mortgage cash flows, interest rate risk, prepayment and delinquency modeling.
Intermediate to advanced proficiency with Polypaths or comparable risk management platforms, as well as Bloomberg, SQL, VBA, and Python.
Hands-on experience trading TBAs, interest rate swaps, and futures.
Advanced speaking and writing communication skills.

Nice To Haves

CFA designation a plus but not required.

Responsibilities

Support the ongoing valuation, risk management and reporting on Amerihome’s MSR and EBO portfolios under the guidance of senior team members.
Assist in developing and implementing strategies to improve valuation accuracy, hedging effectiveness, and portfolio management, with opportunities for learning and skill development.
Help build statistical and quantitative models to measure and manage interest rate risk, participating in training and collaborative projects.
Assist with risk and performance reporting for senior management, learning to communicate portfolio dynamics, hedging effectiveness, and emerging risks clearly.
Participate in the continuous improvement of risk infrastructure, analytics, and reporting processes, gaining exposure to industry best practices.