MSR Hedging Trader – 2001941

Office Location / Address:  390 GREENWICH STREET 

Education Level:  Bachelor’s Degree 

Shift:  Day Job 

Employee Status:  Regular 

CitiMortgage prides itself in making the dream of homeownership come true for a wide range of customers and partners across the country every day. As a member of Citigroup, we are focused on providing the highest quality mortgage products as part of an expansive portfolio of financial services that includes banking, insurance, asset management, credit cards, and much more. CitiMortgage offers products to help first-time homebuyers, as well as those interested in building a new home, refinancing, or tapping into the equity of an existing home. 

Support all aspects of MSR trading and hedging Execute trades.

Perform analytics to improve hedge effectiveness and reduce hedge expenses Analyze mortgage prepayment model’s performance (historical speeds and long-term projections). Recommend calibration adjustments. Produce trade tickets and blotters Generate Risk reports, Hedge P&L and Attribution. Perform a variety of market driven analytical projects. Focus on market information around prepayment speeds. Focus on mortgage products (IOs, TBAs).

RequirementsBachelor’s degree in finance, economics, or similar field required.  Master’s degree preferred.

5 years financial services or banking experience required. Candidate must have been on a fixed income trading desk for at least one year.

Strong technical and analytical skills required.

Must be proficient with Microsoft Excel. Fixed Income modeling experience preferred.

Ability to effectively communicate complex topics to a broad audience