Home Lending Portfolio Manager II

Description

The Secondary Marketing Trading Group is responsible for hedging activity with the intent of reducing the risk inherent in the Mortgage Banking business while attempting to maintain Chases pricing profile in the top half of the national and regional competition. Our teams objective is to maximize the mortgage origination volume while protecting the fair market value of the loans originated for sale. This role is for the Capital Markets Group of Chase Mortgage Banking. This position directly supports the Secondary Marketing Trading Activities with visibility and interaction with Senior Executives within the Mortgage Bank.

As a Home Lending Portfolio Manager II within the Capital Markets Group of Chase Mortgage Banking you will maintain and update pricing and market inputs for a proprietary Best Execution and Pricing model while collaborating with traders and essential teams to optimize pooling mortgage-backed securities. You will build maintain and analyze reporting on relative value and position re-slotting and control period over period model performance to evaluate differences and impacts.

Job responsibilities

• Identify Secondary Marketing P&L.
• Support of Secondary Marketing risk reporting and attribution.
• Perform financial analysis of trade desk model and positions.
• Analyze the Traders daily positions and interface with them to fully optimize the position.
• Maintain and operate proprietary model to maximize portfolio value.
• Establish and enact strategies to optimize pooling MBS in the most value maximizing manner that meets relationship goals.
• Monitor position to prioritize and execute optimization of at-risk loans.
• Build and analyze reporting with a focus on trends historically and to forecast into the data processing and result analyzing visualization processes.
• Conduct testing on system and model updates to ensure the stability and consistency.
• Collaborate with IT to develop test and promote system / pooling enhancements / break fix issues.

Required qualifications capabilities and skills

Preferred qualifications capabilities and skills

Required Experience :

Manager

Key Skills

Project / Program Management,Project Portfolio Management,Portfolio Management,Credit Analysis,Banking,Pricing,Analysis Skills,Project Management,Financial Analysis,Budgeting,Property Management,Contracts

Employment Type : Full-Time

Experience : years

Vacancy : 1

Monthly Salary Salary : 138000 - 225000