DescriptionWe are seeking an experienced Mortgage Trader to join our trading team. You will be responsible for the risk management and trading across a variety of mortgage products on the current derivatives desk. The ideal candidate must have a proven track record of disciplined trading, niche expertise in Mortgage markets, and exceptional risk assessment and management skills.
Responsibilities- Utilize mortgage expertise to manage risk and trade profitably
- Develop and maintain quantitative tools and analytics for strategy optimization.
- Contribute to the desk's automation and e-trading initiatives, including algo pricing
- logic and auto-hedging workflows
- Collaborate with fellow traders to share insights and refine trading strategies.
- Mentor junior traders on the desk
Requirements- 5+ years of experience trading mortgages for a proprietary book
- Demonstrated track record of profitable mortgage trading
- Deep understanding of mortgage pricing and risk metrics
- Spec Pool Trading experience is required
- Proficiency with trading and risk systems
- Strong quantitative aptitude; ability to reason quickly under pressure with sound judgment on risk
- Excellent communication skills and a collaborative approach with sales and clients
- Strong work ethic and a collaborative mindset.
- This position requires physical presence and is on-site (all 5 days) at our office in Chicago, IL.
BenefitsWe offer one of the most generous profit sharing programs in the industry because we believe our employees should be able to take part in our rapid growth and success. We are proud to offer more world-class benefits for our full-time employees and their families.
