Home Lending Portfolio Performance Analysis

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 Chase’s pricing profile in the top half of the national and regional competition. Our team’s 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 HL Portfolio Manager, 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. Build, maintain, and analyze reporting on relative value and position re-slotting. Control period over period model performance and evaluate the differences and impacts.

Job responsibilities:

Attribution of Secondary Marketing P&L.

Support of Secondary Marketing risk reporting and attribution.

Perform financial analysis of trade desk model and positions.

Analyze the Trader’s 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 future. Streamline 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 and skills:

Financial Analysis/Accounting skills.

Interest in Markets, Valuation, and interest rates and their impact on fixed income assets, specifically mortgages.

Bachelor’s degree.

Preferred qualifications and skills:

Leadership capabilities, self-starter, and task oriented.

Excellent written and verbal communication skills.

Root cause analysis capabilities.

Ability to prioritize competing deliverables under tight deadlines.

Comfortable with programming logic working with large data sets.