At Mr. Cooper Group, You Make the Dream Possible.
Our purpose is simple: Keeping the dream of homeownership alive. As a Mr. Cooper Group team member, you play a big role in making that dream possible. Around here, we know our roles and work together, volunteer to make a difference, and challenge the status quo when needed. Everything we do is in the care and service of our teammates and our customers.
Join us and make the dream of home ownership possible!
Mr. Cooper's summer internship program offers college students the chance to discover what it's like to work at a leading financial services organization. Our interns deliver innovative solutions to real business challenges and build enduring relationships with their manager and an assigned mentor. While gaining insight into the industry, interns are immediately part of Mr. Cooper's collaborative culture. Spend your summer at Mr. Cooper and gain a career where you can make a difference! Our summer internship program begins in June 2025 and ends in August 2025.
The Capital Markets Intern will engage in meaningful project work, such as process mapping current workflows within loan operations, pricing, and/or hedging. Develop and implement automated reporting dashboards using SQL and data visualization tools, providing key performance indicators to the team. Assist in the development and implementation of new processes for automation, streamlining workflows, and increasing efficiency. Conduct research and analysis to support pricing and hedging decisions. Analyze large datasets to identify trends and patterns, contributing to strategic decision-making as well as gain real-world experience in the mortgage-backed securities market.
Roles and Responsibilities
- Assist in daily loan operations tasks, gaining exposure to the lifecycle of mortgage loans within the capital markets context.
- Support the pricing team by learning and participating in the analysis of market data and pricing models.
- Observe and learn hedging strategies, understanding how financial instruments are used to mitigate risk.
- Assist in the pooling and securitization process, learning how mortgage loans are packaged for sale to investors.
- Shadow traders and analysts, gaining insight into the dynamic environment of capital markets trading.
- Participate in process improvement initiatives across various capital markets functions.
- Contribute to data analysis and reporting, utilizing SQL and other tools.
Basic Qualifications
- Be enrolled full-time and pursuing an undergraduate or graduate degree from an accredited college/university or have graduated within one year of start date (June 2025)
- Pursuing an undergraduate or graduate degree in Finance, Economics, Mathematics, Data Science, or a related quantitative field.
- Demonstrated proficiency in SQL, with the ability to write complex queries and manipulate large datasets.
- Strong analytical and problem-solving skills, with the ability to interpret data and draw meaningful conclusions.
- Candidates must have authorization to work permanently in the US without the need for sponsorship (Currently, our organization is unable to support candidates that are on OPT, CPT or candidates that will need sponsorship, now or in the future)
Mr. Cooper Group is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, or status as a protected veteran. EOE/M/F/D/V
Job Requisition ID:
023649
Job Category:
Administrative Services
Primary Location City:
Dallas
Primary Location Region:
Texas
Primary Location Postal Code:
75019
Primary Location Country:
United States of America
Additional Posting Location(s):
Home - Alabama, Home - Alabama, Home - Alaska, Home - Arizona, Home - Arkansas, Home - California, Home - Colorado, Home - Connecticut, Home - Delaware, Home - El Paso, Home - Fayetteville, Arkansas, Home - Florida, Home - Georgia, Home - Hawaii, Home - Idaho, Home - Illinois, Home - Indiana, Home - Iowa, Home - Kansas, Home - Kentucky, Home - Louisiana, Home - Maine, Home - Maryland, Home - Massachusetts, Home - Michigan {+ 25 more}
Pay Range: $36,000.00 - $43,000.00
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What We Do
With nearly 4 million customers, we are a proud leader in the home loan servicing industry. But are we content? No way. Every day we challenge convention and reimagine the home loan experience for the better. It’s what makes us who we are. We’re Challengers of Convention Challenging the status quo is in our DNA. We’re ditching the old ways and reimagining what homeownership should look like in the era of smart phones, Mars missions, and avocado toast. We’re Champions for Our Customers Giving homeowners the best experience possible is the reason we come to work. We believe in honesty, simplicity, and always having our customer’s back. We’re Cheerleaders for Our Team Transforming an industry takes a world-class team. Ours is over 9,000 Coopers strong. Creating a place where they love to work isn’t just an HR goal — it’s part of Mr. Cooper's mission. We’re here to keep the dream of homeownership alive. That means throwing out the old ways and revolutionizing the way people sell, buy and own their homes using the latest technology and good old fashioned customer service. At Mr. Cooper Mortgage we see a world where homeownership is less worrisome and more rewarding, where having a mortgage is no longer a burden but an opportunity, where homeowners feel 100% in control of their finances and future. Is Mr. Cooper Mortgage your kind of place? If so, we can't wait to hear from you.
