New York, United States of America
WHAT YOU WILL BE DOING
The Residential Whole Loan desk purchases and aggregates residential whole loans with the intent of selling/reconstituting those loans via Securitization (MBS) or Whole Loan Sale. The firm is seeking a full-time trader/structurer to join this desk. Interested candidates must have product knowledge and trading experience in the U.S. residential mortgage market. The position is high-touch, and the candidate will be expected to work effectively in a fast-paced and high pressure environment.
This position provides a unique opportunity to gain exposure across the entire range of the U.S. residential mortgage market, and involves collaborating closely with mortgage traders, contract finance, bankers, institutional sales teams, strategists, and quant teams. In this role, the candidate will be expected to be a key contributor the entire life cycle of a whole loan transaction from tape cracking, bidding, onboarding, asset management, hedging and eventual sale or securitization.
Essential Functions/Responsibility:
Qualifications:
Education:
Diversity & EEO Statements: At Santander, we value and respect differences in our workforce and strive to increase the diversity of our teams. We actively encourage everyone to apply.
Santander is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, genetics, disability, age, veteran status or any other characteristic protected by law.
Working Conditions: Frequent Minimal physical effort such as sitting, standing and walking. Occasional moving and lifting equipment and furniture is required to support onsite and offsite meeting setup and teardown. Physically capable of lifting up to fifty pounds, able to bend, kneel, climb ladders.
Employer Rights: This job description does not list all of the job duties of the job. You may be asked by your supervisors or managers to perform other duties. You may be evaluated in part based upon your performance of the tasks listed in this job description. The employer has the right to revise this job description at any time. This job description is not a contract for employment and either you or the employee.
For NYC Job Applicants: The base annual salary range for this position is $165,000-215,000. The exact compensation may vary based on skills, experience, training, licensure and certifications and location.
Primary Location: New York, NY, Madison Ave Corp
Other Locations: New York-New York
Organization: Santander US Capital Markets LLC
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