AVP, Pricing and Trading

2 weeks ago


Westlake Village, California, United States AmeriHome Mortgage Company Full time

Job Title:

AVP, Pricing and Trading

Location:

CA - Westlake Village

What you'll do:

AmeriHome AVP, Pricing and Trading is responsible in monitoring day to day Lock Desk operational workflow. You and your team will be working with clients to ensure that loans adhere to the Amerihome Seller Guide and Lock Policy and Procedures. You and your team will monitor the loans are priced accurately and communicate price changes as needed for attribute changes, extensions, relocks and renegotiations. You and your team will support the Capital Markets Trading Desk and clients to ensure successful fulfilment of trades including and not limited to performing pairoffs, substitutions, and reinstatements. You and your team will gather and analyze competitive market information to make recommendations on pricing and margins. You will participate with loan program rollouts and ratesheet maintenance. You and your team will be responsible for responding to all email and phone inquiries within acceptable service level turn times.

What we are looking for:

Oversee day to day Lock Desk responsibilities Monitor and perform loan level pricing activities for the Correspondent and Retail Divisions Make post-trade adjustments including pricing updates, rolls, pair-offs, extensions, and substitutions Update, validate, and disseminate daily Best-Efforts pricing Perform competitiveness analysis and recommend updates to Best Efforts pricing to maximize company volume and revenue Work with internal and external groups such as client sellers, vendors, product and pricing engines. Lead, train and develop Lock Desk team members

What you need to have:

Minimum 3 years Lock Desk experience or knowledge of mortgage loan programs, guidelines and pricing Bachelor's degree in Business, Finance or related field Strong background in Excel is preferred, including ability to summarize data via formulas, lookups, Pivot Tables, etc. Must be able to clearly and effectively communicate with various groups within the company as well as various external business partners both verbally and in writing Demonstrated ability to perform well in a fast-paced environment Attention to detail and accuracy Ability to multitask and adhere to firm deadlines is critical Strong analytical and critical thinking skills Experience with SQL is a plus Compensation: Salary range for new hires is generally $76,405.00 - $94,379.00 for Westlake Village, CA. Salary amount is determined by specific job location. In addition, the role may be eligible for annual bonus/incentives earned.

Benefits you'll love:

We offer all the important things you'd want — like competitive salaries, an ownership stake in the company, medical and dental insurance, time off, a great 401k matching program, tuition assistance program, an employee volunteer program, and a wellness program. In addition, you'll have the opportunity to bolster your business knowledge, learning the ins and outs of how successful companies operate and manage their finances, giving you invaluable hands-on experience to help grow your career


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