CD Underwriter

PrimeLending • Dallas, TX

1d

About The Position

Hilltop Securities is currently looking to hire an Underwriter, Sr. in Dallas, Texas. The Underwriter, Sr. manages and expands the Hilltop Securities brokered CD business. They lead new issue CD underwriting, maintain relationships with depository customers, and collaborate with various teams to ensure competitive pricing and balance sheet solutions. They also develop and execute funding strategies for bank clients through different market conditions.

Requirements

• Bachelor’s degree in finance, economics, business, or a related field preferred.
• Minimum 5 years’ experience in underwriting CDs and building relationships with bank clients.
• Active Series 7 and 63 licenses.
• Proven history of managing a book of existing depository bank business.
• Strong analytical and decision-making skills.
• Excellent communication and interpersonal skills.
• Ability to work independently and as part of a team.
• Ability to travel as required.

Nice To Haves

• Advanced degrees or certifications (e.g., CFA) could be advantageous.

Responsibilities

• Underwrite brokered Certificates of Deposit (CDs) by assessing risk and viability of CD issuers, reviewing financial statements, conducting due diligence, and ensuring compliance with regulatory standards.
• Develop and execute funding strategies that attract & maintain bank clients.
• Negotiate terms, resolve issues and ensure customer satisfaction.
• Collaborate with the trading desk to ensure that the pricing of brokered CDs is competitive and aligns with Hilltop’s balance sheet strategies.
• Analyzing market trends, pricing models, and financial data.
• Work closely with the Financial Strategies Team to develop and enhance relationships with internal issuers.
• Approve or deny business based on underwriting assessments, which involves making informed decisions on whether to accept new issuers or continue relationships with existing ones.
• Travel required to visit existing clients and potential clients to understand their needs, present solutions, and build relationships. This includes attending industry conferences, conducting site visits, and holding meetings.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level