AVP, Trader (Bulk Desk)

Posted 2 Days Ago
Be an Early Applicant
Westlake Village, CA, USA
In-Office
107K-137K Annually
Mid level
Fintech • Software • Financial Services
The Role
Supports correspondent mortgage trading and secondary marketing activities, including bulk bid processing, tape cracking, bid generation, trade confirmations, seller communication, and post-trade analysis. Evaluates loan-level data, market conditions, execution opportunities, margins, pull-through, and seller activity to improve profitability. Maintains reporting for desk leadership and stakeholders while applying mortgage capital markets knowledge, regulatory compliance expertise, advanced Excel, and SQL.
Summary Generated by Built In

Job Title:

AVP, Trader (Bulk Desk)

Location:

CA - Westlake Village

What you'll do:

The AmeriHome AVP, Trader is responsible for supporting the firm's correspondent mortgage trading and secondary marketing activities within one of the nation's leading bank-owned mortgage aggregators. This highly visible role provides regular interaction with senior management and executive leadership and plays an important part in the execution of the firm's loan acquisition and capital markets strategies. Working closely with sellers, investors, and internal business partners, this individual will oversee key trading workflows including tape-cracking, bid generation and delivery, trade confirmations, and post-trade performance analysis. The successful candidate will analyze loan-level data, monitor market conditions, evaluate execution opportunities, and support daily trading decisions across a dynamic correspondent platform. The ideal candidate will bring multiple years of mortgage capital markets and client-facing experience, or an advanced degree in a related field such as finance, economics, mathematics, or business administration. This position offers an exceptional opportunity to develop expertise across mortgage capital markets, pipeline management, risk management, and loan acquisition strategy while helping drive the firm's growth and profitability.
  • Support daily bulk bid processing and trade execution across a high-volume correspondent acquisition platform.
    • Manage the tape-cracking process to ensure loan-level data is accurately validated, analyzed, and prepared for pricing and execution.
    • Generate and deliver bids accurately and within established seller deadlines in a fast-paced market environment.
    • Process trade confirmations and ensure executed trades are accurately documented and communicated through downstream workflows.
    • Serve as a point of contact for sellers regarding bid results, trade execution, pricing inquiries, and operational requests.
  • Analyze bid performance, margin results, seller activity, and execution trends to identify opportunities to improve profitability and business performance.
  • Prepare and maintain reporting on bidding, trade execution, pull-through, and margin performance for desk leadership and key stakeholders

What you'll need:

  • 3+ years of related experience in Residential Mortgage Lending, Capital Markets or similar field, or 1+ years of related experience with an advanced degree, such as MBA or Master's in Finance, Master or similar field.
  • Bachelor's degree in related field required.
  • Intermediate knowledge of residential mortgage industry in Correspondent or Retail Lending including; sales, operations, capital markets and/or other residential mortgage products and services.
  • Intermediate knowledge of applicable regulatory and legal compliance obligations, rules and regulations, industry standards and practices.
  • Advanced Excel.
  • Entry level to intermediate SQL.
  • Advanced speaking and writing communication skills.
     

Compensation: Salary range for new hires is generally $107,395.00 - $136,529.00 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, Member FDIC, is a wholly owned subsidiary of Western Alliance Bancorporation. Serving clients nationwide, Western Alliance Bank includes six legacy bank brands — Alliance Association Bank, Alliance Bank of Arizona, Bank of Nevada, Bridge Bank, First Independent Bank and Torrey Pines Bank — that remain part of the company’s heritage.

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 [email protected] 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

Skills Required

  • 3+ years of related experience in residential mortgage lending, capital markets, or a similar field
  • Alternatively, 1+ year of related experience with an advanced degree such as an MBA or Master's degree in finance or a related field
  • Bachelor's degree in a related field
  • Intermediate knowledge of the residential mortgage industry, including correspondent or retail lending, sales, operations, capital markets, or related products and services
  • Intermediate knowledge of applicable regulatory and legal compliance obligations, rules, regulations, industry standards, and practices
  • Advanced Microsoft Excel skills
  • Entry-level to intermediate SQL skills
  • Advanced verbal and written communication skills

Western Alliance Bank Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Western Alliance Bank and has not been reviewed or approved by Western Alliance Bank.

  • Strong & Reliable Incentives Feedback suggests annual bonuses are broadly available and can materially lift total compensation when business conditions are favorable. Participation spans many roles beyond executives.
  • Equity Value & Accessibility Equity grants are described as widely accessible to employees at multiple levels, adding long‑term value to the package. This breadth helps align employees with company performance.
  • Retirement Support The 401(k) program is positioned as a standout with an employer match structure viewed as stronger than common offerings. Automatic enrollment reinforces accessibility and participation.

Western Alliance Bank Insights

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The Company
HQ: Phoenix, Arizona
4,045 Employees

What We Do

Western Alliance Bancorporation (NYSE: WAL) is one of the country’s top-performing banking companies. Its primary subsidiary, Western Alliance Bank, Member FDIC, offers a full spectrum of tailored commercial banking solutions and consumer products, all delivered with outstanding service by banking and mortgage experts who put customers first. Serving clients across the country wherever business happens, Western Alliance Bank operates individual, full-service banking and financial brands with offices in key markets nationwide.

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