AVP, Pricing and Trading

Company: Disability Solutions
Location: Westlake Village
Posted on: September 2, 2024

Job Description:

Job Title:AVP, Pricing and TradingLocation:CA - Westlake VillageWhat you'll do:AmeriHome AVP, Pricing and Trading is responsible in monitoring day to day Lock Desk operational workflow. You will be working with clients to ensure that loans adhere to the Amerihome Seller Guide and Lock Policy and Procedures. You will monitor the loans, ensuring they are priced accurately and communicate price changes as needed for attribute changes, extensions, relocks and renegotiations. You will support the Capital Markets Trading Desk and clients to ensure successful fulfilment of trades including and not limited to performing pairoffs, substitutions, and reinstatements. You will gather and analyze competitive market information to make recommendations on pricing and margins. You will participate with loan program rollouts and ratesheet maintenance. You will be responsible for responding to all email and phone inquiries within acceptable service level turn times.What we are looking for:

• Oversee day to day Lock Desk responsibilities
• Monitor and perform loan level pricing activities for the Correspondent and Retail Divisions
• Make post-trade adjustments including pricing updates, rolls, pair-offs, extensions, and substitutions
• Update, validate, and disseminate daily Best-Efforts pricing
• Perform competitiveness analysis and recommend updates to Best Efforts pricing to maximize company volume and revenue
• Work with internal and external groups such as client sellers, vendors, product and pricing engines.
• Lead, train and develop Lock Desk team membersWhat you need to have:
  • Minimum 3 years Lock Desk experience or knowledge of mortgage loan programs, guidelines and pricing
  • Bachelor's degree in Business, Finance or related field
  • Strong background in Excel is preferred, including ability to summarize data via formulas, lookups, Pivot Tables, etc.
  • Must be able to clearly and effectively communicate with various groups within the company as well as various external business partners both verbally and in writing
  • Demonstrated ability to perform well in a fast-paced environment
  • Attention to detail and accuracy
  • Ability to multitask and adhere to firm deadlines is critical
  • Strong analytical and critical thinking skills
  • Experience with SQL is a plusCompensation: Salary range for new hires is generally $76,405.00 - $89,887.50 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 the company:AmeriHome Mortgage is a Western Alliance Bank company. Western Alliance Bank is a wholly owned subsidiary of Western Alliance Bancorporation. Alliance Bank of Arizona, Alliance Association Bank, Bank of Nevada, Bridge Bank, First Independent Bank, and Torrey Pines Bank are divisions of Western Alliance Bank; Member FDIC.Western Alliance Bancorporation is committed to equal employment and will consider all qualified applicants without regard to race, sex, color, religion, age, nation origin, marital status, disability, protected veteran status, sexual orientation, gender identity or genetic information. Western Alliance Bancorporation is committed to working with and providing reasonable accommodations for individuals with disabilities. If you are an individual with a disability and require a reasonable accommodation to complete any part of the application process and/or need an alternative method of applying, please email HR@westernalliancebank.com or call 602-386-2488. When contacting us, please provide your contact information and state the nature of your accessibility issue. We will only respond to inquiries concerning requests that involve a reasonable accommodation in the application process.-- Western Alliance Bancorporation

Keywords: Disability Solutions, Los Angeles , AVP, Pricing and Trading, Accounting, Auditing , Westlake Village, California