First Horizon National Corporation

Mortgage Secondary Market Trader

Plano, TX 75025In-Person
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree and 5+ years of relevant experience or equivalent education/experience
  • Proven experience with trading and hedging strategies
  • Strong grasp of risk management principles
  • Expertise in modeling, spreadsheets, and databases
  • Exceptional attention to detail and communication skills for stakeholder engagement

Responsibilities

  • Manage and analyze the mortgage secondary pipeline
  • Execute hedging and pool trading transactions
  • Monitor hedge performance and produce risk mitigation reports
  • Support loan pricing and fallout analytics with advanced modeling skills
  • Develop reports and feedback mechanisms for mortgage valuation analytics
  • Maintain relationships with secondary market investors and dealers
  • Perform additional duties as required

Benefits

  • Comprehensive medical, dental, and vision coverage with wellness incentives
  • Health Savings Account (HSA) with employer match
  • Generous maternity and parental leave policies
  • Tuition reimbursement program
  • Mentorship opportunities for professional development
  • 401(k) plan with a 6% matching contribution
  • Additional benefits available through company resources
Full Job Description
Location: On site at location listed in job posting.

Summary:

Key member of the Mortgage Secondary Marketing team within First Horizon Bank and will be responsible for the day-to-day activities related to the hedging of the mortgage secondary pipeline.

Essential Duties and Responsibilities:
• Manages and analyzes the mortgage secondary pipeline and executes hedging and pool trading transactions
• Manages and monitors hedge performance by reviewing reports to mitigate risk while providing accurate data
• Utilizes advanced analytic and modeling skills to support secondary marketing functions around loan pricing and fallout
• Assist with mortgage valuation analytics, report development, testing and feedback
• Complies with bank policies and procedures, regulatory requirements, and investor guidelines
• Establishes and maintains secondary market investor and dealer relationships
• Performs all other duties as assigned

Qualifications:

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. Additionally, the qualifications listed below are representative of the knowledge, skills, and/or abilities required in this position:
  • Bachelor (4-year college) degree and 5+ years of experience or equivalent combination of education and experience
  • Demonstrated experience with trading and hedging techniques.
  • Advanced understanding and application of risk management and operational risk.
  • Advanced modeling, spreadsheet, and database skills.
  • High attention to detail and excellent communication skills with stakeholders at all levels.

Systems:
  • Microsoft Office Suite
  • MIAC, QRM, Optimal Blue, Encompass, Bloomberg, Tradeweb

Benefit Highlights
• Medical with wellness incentives, dental, and vision
• HSA with company match
• Maternity and parental leave
• Tuition reimbursement
• Mentor program
• 401(k) with 6% match
• More -- FirstHorizon.com/First-Horizon-National-Corporation/Careers/Our-Benefits

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About First Horizon National Corporation

First Horizon National Corporation is a bank holding company headquartered in Memphis, Tennessee. First Horizon National Corporation operates as a financial services company, providing banking services, wealth management, and capital markets services. First Horizon National Corporation operates through its subsidiary, First Horizon Bank, which has locations in Tennessee, North Carolina, South Carolina, Virginia, Mississippi, Georgia, and Florida. First Horizon National Corporation is committed to providing high-quality financial services to its customers and to supporting the communities in which it operates.
Learn more about First Horizon National Corporation
Size
7,676 employees
Market Cap
$13.1 billion
Industry
Net Income
$845 million
5 Year Trend
+21.4%
NASDAQ

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