VP, Mandatory Trade Desk Buyer/Trade Support Specialist

Citi • O’Fallon, MO

1d • $107,120 - $160,680 • Onsite

About The Position

The Mandatory Trade Desk Buyer is a Capital Markets function that facilitates the pricing, bidding and locking of loans for the Correspondent Lending Channel. Key responsibilities include high frequency execution of bulk bids, dynamically calculating and applying loan level mortgage pricing to facilitate the purchase of loans from Correspondent customers, troubleshooting and writing complex MS Excel formulae, mandatory commitment management including pair offs, extensions and rolls, and enhancements of pricing and reporting tools often using MS Excel and MS Access (VB & SQL at times). This role also involves creating reports that provide insight to competitive positioning/trends to senior management, communicating mandatory pricing mechanics to developers helping to improve pricing tools, and serving as a primary point of contact for Correspondent customers for pricing and Secondary Marketing related subject matter.

Requirements

• 6+ years of Mortgage Banking experience
• Exceptional analytical skills
• Thorough knowledge of Secondary Marketing, Correspondent Lending and pricing mechanics
• Self-motivator with ability to work in fast paced environment
• Demonstrated ability to work collaboratively across multiple stakeholders
• BS/BA degree or equivalent combination of education/experience

Responsibilities

• High frequency execution of bulk bids
• Dynamically calculate and apply loan level mortgage pricing to facilitate the purchase of loans from our Correspondent customers
• Troubleshooting and writing complex MS Excel formulae
• Mandatory commitment management including pair offs, extensions and rolls
• Enhancements of pricing and reporting tools often using MS Excel and MS Access (VB & SQL at times)
• Create reports that provide insight to our competitive positioning/trends to senior management
• Communicate mandatory pricing mechanics to developers helping to improve pricing tools
• A primary point of contact for our Correspondent customers for pricing and Secondary Marketing related subject matter

Benefits

• medical, dental & vision coverage
• 401(k)
• life, accident, and disability insurance
• wellness programs
• paid time off packages, including planned time off (vacation), unplanned time off (sick leave), and paid holidays

What This Job Offers

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