New Penn Financial

  • Mortgage Trader - Capital Markets

    Job ID
    Capital Markets
  • Overview

    The Mortgage Trader – Capital Markets is responsible for managing the day to day trading and hedging operations, maintaining our price/risk engines, and reconciling our reports and settlements.



    •  Run intraday risk position analysis and hedge risk as appropriate.
    •  Maintain warehouse lines and custodial accounts.
    •  Sell loans to their best execution through TBA, Cash, or Whole Loan trades.
    •  Create and maintain counterparty relationships.
    •  Manage pooling calendar and pooling allocation process.
    •  Perform and track investor and product pricing comparisons.
    •  Reconcile monthly Reg. Class Settlements and wire transfers.
    •  Manages GSE commitment/reservation process.
    •  Reconciles daily Risk, Pipeline, G/L, and Hedge Reports
    • Performs additional tasks and completes projects assigned by supervisor.


    • B.S. degree in Business or equivalent
    • Three years mortgage experience
    • One year MBS/WLS Trading, Pricing, or Treasury experience
    • Experience with rules engines, data mining, and programming
    • Experience with Bloomberg, Tradeweb, or Compass Analytics a plus
    • Proficient MS Office and SQL
    • Must have strong analytical and critical thinking skills
    • Strong organizational skills
    • Ability to work well in a group or as an individual
    • Ability to succeed in a fast paced, changing environment.


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