Western Alliance Bancorporation

AVP, Trader (Bulk Desk)

Western Alliance Bancorporation$107K — $136K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • 3+ years in Residential Mortgage Lending, Capital Markets, or related field; 1+ year with advanced degree (MBA or similar).
  • Bachelor's degree in a relevant field required.
  • Intermediate knowledge of residential mortgage industry operations and products.
  • Familiarity with regulatory compliance obligations and industry standards.
  • Advanced proficiency in Excel for data analysis and reporting.
  • Entry to intermediate skills in SQL for database management and analysis.
  • Strong verbal and written communication abilities.

Responsibilities

  • Support daily bulk bid processing and trade execution for correspondent acquisition.
  • Manage and validate the tape-cracking process for accurate data preparation.
  • Generate and deliver bids promptly in a fast-paced market environment.
  • Process trade confirmations and ensure accurate trade documentation.
  • Act as a point of contact for sellers regarding bid results and trade execution inquiries.
  • Analyze bid performance and execution trends to enhance profitability.
  • Prepare reports on trading activities and performance metrics for leadership.

Benefits

  • Competitive salary package with ownership stake in the company.
  • Comprehensive medical and dental insurance coverage.
  • Generous time-off policy.
  • 401k matching program to support retirement savings.
  • Tuition assistance program for continuing education.
  • Employee volunteer and wellness programs to promote well-being.
Full Job Description

Job Title:

AVP, Trader (Bulk Desk)

Location:

CA - Westlake Village

What you'll do:

The AmeriHome AVP, Trader is responsible for supporting the firm's correspondent mortgage trading and secondary marketing activities within one of the nation's leading bank-owned mortgage aggregators. This highly visible role provides regular interaction with senior management and executive leadership and plays an important part in the execution of the firm's loan acquisition and capital markets strategies. Working closely with sellers, investors, and internal business partners, this individual will oversee key trading workflows including tape-cracking, bid generation and delivery, trade confirmations, and post-trade performance analysis. The successful candidate will analyze loan-level data, monitor market conditions, evaluate execution opportunities, and support daily trading decisions across a dynamic correspondent platform. The ideal candidate will bring multiple years of mortgage capital markets and client-facing experience, or an advanced degree in a related field such as finance, economics, mathematics, or business administration. This position offers an exceptional opportunity to develop expertise across mortgage capital markets, pipeline management, risk management, and loan acquisition strategy while helping drive the firm's growth and profitability.
  • Support daily bulk bid processing and trade execution across a high-volume correspondent acquisition platform.
    • Manage the tape-cracking process to ensure loan-level data is accurately validated, analyzed, and prepared for pricing and execution.
    • Generate and deliver bids accurately and within established seller deadlines in a fast-paced market environment.
    • Process trade confirmations and ensure executed trades are accurately documented and communicated through downstream workflows.
    • Serve as a point of contact for sellers regarding bid results, trade execution, pricing inquiries, and operational requests.
  • Analyze bid performance, margin results, seller activity, and execution trends to identify opportunities to improve profitability and business performance.
  • Prepare and maintain reporting on bidding, trade execution, pull-through, and margin performance for desk leadership and key stakeholders

What you'll need:

  • 3+ years of related experience in Residential Mortgage Lending, Capital Markets or similar field, or 1+ years of related experience with an advanced degree, such as MBA or Master's in Finance, Master or similar field.
  • Bachelor's degree in related field required.
  • Intermediate knowledge of residential mortgage industry in Correspondent or Retail Lending including; sales, operations, capital markets and/or other residential mortgage products and services.
  • Intermediate knowledge of applicable regulatory and legal compliance obligations, rules and regulations, industry standards and practices.
  • Advanced Excel.
  • Entry level to intermediate SQL.
  • Advanced speaking and writing communication skills.

Compensation: Salary range for new hires is generally $107,395.00 - $136,529.00 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!

About Western Alliance Bancorporation

Western Alliance Bancorporation is a bank holding company that provides a range of banking and related services to businesses and individuals. The company was founded in 1994 and is headquartered in Phoenix, Arizona. Western Alliance Bancorporation operates through its subsidiary banks, which include Western Alliance Bank, Bank of Nevada, and Bridge Bank. The company offers a variety of products and services, including commercial and industrial loans, real estate loans, treasury management, and wealth management. Western Alliance Bancorporation is committed to providing exceptional customer service and has received numerous awards and recognitions for its performance and growth.
Learn more about Western Alliance Bancorporation
Size
3,139 employees
Market Cap
$6.2 billion
Industry
Net Income
$506.6 million
5 Year Trend
+18.8%
NASDAQ

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