Residential Mortgage Operations and Capital Markets Specialist
7 days ago
About the Role
We are seeking a highly skilled Residential Mortgage Operations and Capital Markets Specialist to join our team at City National Bank.
As a key member of our Secondary Marketing Operations team, you will be responsible for ensuring the smooth operation of our collateral management, margining, balance sheet reconciliations, and trade management within the Secondary Marketing infrastructure.
Responsibilities
- Perform daily margining, collateral management, and position reconciliations;
- Work closely with traders and risk managers to centralize assumptions on pricing, trading, and hedging considerations in alignment with Secondary's policies, processes, and procedures;
- Communicate and align investor reporting and fulfillment requirements at the direction of the Secondary Marketing Manager and/or Traders;
- Provide ad-hoc reporting requests within the Secondary Marketing channel;
- Collaborate with 2nd LOD partners on all-communication needs, reporting, and strategy metrics;
- Establish financial metrics within the LOB and track performance thereof; communicate with key partners in the Bank;
- Contribute to collateral performance and review for sales and purchases of residential mortgage loans;
- Support other team members in performing necessary job functions and create procedures for variety of team members and Bank partners.
Requirements
- Bachelor's Degree or equivalent;
- 5-10 years broad-based residential mortgage origination, servicing, operations, and underwriting competencies, including capital markets experience with investors/counterparties and business partners;
- Skills and knowledge in Capital Markets, Secondary Marketing, Origination, Servicing, Product Guidelines, and secondary marketing investors/liquidity measures in a Loans Held for Sale/Investment multi best execution platform;
- Experience in Residential Mortgage within an OCC/FDIC/Federal Reserve/CFPB US Bank;
- Knowledge of Investor Delivery/Fulfillment, Contract Finance, Transaction Management, Secondary Marketing/Capital Markets.
Compensation and Benefits
The estimated salary for this role is $78,970 - $126,140 per year. This job is eligible for bonus and/or commissions. As a valued member of our team, you will also enjoy a comprehensive benefits package, including [insert details].
About City National Bank
City National Bank is a leading bank headquartered in Los Angeles with $92.03 billion in assets. Founded in 1954, we provide personalized banking, investment, and trust services in select markets across the United States. Our company is dedicated to strengthening communities and making charitable contributions to nonprofits that support the communities we serve.
EQUAL OPPORTUNITY EMPLOYER & REASONABLE ACCOMMODATION
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