17 Sep
AVP, Hedging, Pooling & Trading - 100% Remote
Pennsylvania, Philadelphia , 19113 Philadelphia USA

Reference #: RADIUSR20240167EXTERNALENUS

See yourself at Radian? We see you here too.At Radian, we see you. For the person you are and the potential you hold. That's why we've embraced a new way of working that lets our people across the country be themselves, be their best and be their boldest. Because when each of us is truly seen, each of us gives our best -and at Radian, we'll give you our best right back.Studies have shown that job seekers may hesitate to apply for jobs unless they meet every single qualification listed. We strive to see the potential in each applicant, so if you're excited about this role but your experience or education level doesn't align perfectly with every qualification in the job description, we encourage you to apply anyway. You may be just the right candidate for this or other roles.

See Yourself as a AVP, Hedging, Pooling & Trading

The AVP, Hedging, Pooling & Trading is responsible for daily monitoring of markets and executing trades to manage the mortgage pipeline interest rate risk. Interact with Wall Street, broker dealers and other investors in the capital markets to implement the Capital Markets business goals of managing risk within guidelines and delivering loans into securities. This role will also perform required activities to Secondary Marketing functions related to post-closing and loan delivery.PRIMARY DUTIES AND RESPONSIBILITIES:Implement hedging strategy. Assist in hedging the interest rate changes/volatility from lock-in to sale using various capital markets instruments and regularly present risk position to executive management.Partner with the trading team to manage mortgage pipeline position and execute agency and non-agency loan securitization trades. Partner with counterparts to review and price (bid) bulk loan pools for both bulk purchases and securitizations, ensuring all pooling parameters are met.Assist in whole loan trading, maintenance of best execution of pipeline hedging strategies and bulk loan package pricing and trading.Maintain hedging platform functionality and information output; support technology development related to the hedging platform. Contribute to the process of model and technology improvements across various analytic and database tools.Use internal valuation and risk models to assist with analysis.Perform daily trade counterparty reporting, including executing trade margin calls, trade settlement, and wire instructions.Write up market color commentary, position attribution to inform the wider team of changes in the portfolio and market conditions.Run and maintain existing reports to perform daily risk position analysis, pooling, and best execution decisions.Build new reports to support the risk management activities.Develop and build strong relationships with internal and external partners/customers through active engagement.Represent the company at both presentations and one-on-one meetings with external partners/customersPerform other duties as assigned or apparent.QUALIFICATIONS

Basic Education and Prior Work-Related Experience:

Degree RequirementBachelor's Degree or Equivalent Experience

Work Experience6 to 8 years of prior work related experienceAdditional Qualifications:Knowledge and demonstrated experience in residential mortgage secondary marketing, structured finance, post-closing/loan delivery, and MSR valuation.Awareness of mortgage lending Industry risk management principals and requirements.Working knowledge of current hedging software (QRM, Compass Analytics, etc.).Ability to partner and interact with all levels of staff and management to implement initiativesStrong background in Excel, including ability to summarize data via formulas, lookups, pivot tables, etc.Strong problem solving and analytic skillsExcellent verbal and written skills including the ability to communicate sophisticated and technical concepts clearly and prof ssionallyExcellent technical skills (including advanced Excel & SQL) with ability to design and maintain complex financial modelsAbility to prepare and produce quality presentations for executive management and other management level committeesExceptional data analysis skills at a detail level to provide insights, feedback and perspective on operational and financial performance.Other Qualifications, including any special skills, capabilities, and competencies:

Software:Excel/Bloomberg/Eikon/Intex/Tradeweb/TableauAdvanced SQL & Excel preferredSee Your LocationRadian is committed to a flexible work environment for many of our roles. This is a Work From Anywhere role meaning you have the flexibility to work from home (or another designated workspace that fits your needs).This role provides additional flexibility should you want to work on-site at a Radian office. Explore our office locations here and let your Talent Acquisition Partner know you would be interested in working on-site.Work From Anywhere is subject to Radian's Alternative Work Policy and business needs.See Why You Should Work With UsCompetitive Compensation:anticipated base salary from $103,200 to $169,500based on skills and experience. This position is eligible to participate in an annual incentive program.Rest and Relaxation.This role is eligible for 25 days of paid time off annually, which is prorated in the year of hire based on hire date. In addition, based on your hire date, you will be eligible for 9 paid holidays + 2 floating holiday in support of our DEI culture. Parental leave is also offered as an opportunity for all new parents to embrace this exciting change in their lives.Our Company Makes an Impact. We've been recognized by multiple organizations like Bloomberg's Gender-Equality Index,HousingWire'sTech 100, and The Forum of Executive Women's Champion of Board Diversity. Radian has also pledged to PwC'sCEO Action for Diversity & Inclusion commitment.Comprehensive HealthBenefits.Multiplemedical plan choices, including HSA and FSA options, dental, vision, and basic life insurance.Prepare for your Future.401(k) with a top of market company match (did we mention the company match is immediately vested?!)and an opportunity to participate in Radian's Employee Stock Purchase Plan (ESPP).Homebuyer Perks. Our Homebuyer Perks program helps employees navigate the home searching, buying, selling, and refinancing processes and provides valuable financial benefits to encourage, enable, and support home ownership.Additional Benefits. To learn more about our benefits offerings, visit our Benefits Page.#LI-NA1The application period for the job is estimated to be 20 days from the job posting date. However, this timeline may be shortened or extended depending on business needs and the availability of qualified candidates.See More About RadianRadian is a fintech servicing the mortgage and real estate services industry. As a team, we pride ourselves on seeing the potential of every person, every idea and every day.Seeing each other at Radian goes far beyond our open, flexible culture. It means seeing our people's potential - and creating inspiring career paths that help them get there. Or seeing new pathways and innovating for the future of our industry. It means seeing each other for all that we are. And it means seeing our purpose as one that extends beyond the bottom line - having an impact on communities across the cou


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