11 days old

Sr.Trader-Capital Mkts Anlst

Austin, TX 78703
*D.R. Horton, Inc., the largest homebuilder in the U.S.*, was founded in 1978 and is a publicly traded company on the New York Stock Exchange. It is engaged in the construction and sale of high quality homes designed principally for the entry-level and first time move-up markets. The Company also provides mortgage financing and title services for homebuyers through its mortgage and title subsidiaries. Please visit our website atwww.drhorton.comfor more information.

D.R. Horton, Inc. is currently looking for a*_Senior Trader_***for theirSecondary Marketing Department. The right candidate willanalyze and manage the portfolio of customer interest rate lock commitments and mortgage-backed security contracts to ensure reasonable protection and stability of the fair value of the portfolio and maintain an approximately balance status between lock commitments and security positions.
*Essential Duties and Responsibilities*



* Conduct such mortgage-backed security transactions as needed to ensure that the value of the customer interest rate lock commitment portfolio is reasonably protected from adverse market conditions for the duration of the price exposure
* Issue mandatory delivery commitments to investors of available product as needed to ensure price optimization and to assign or purchase such mortgage-backed securities as are necessary to maintain a balance and risk-controlled portfolio
* Design and maintain numerical processes with which to verify that product prices are optimized and that the risk management strategies and positions are efficient and effective
* Research and analyze new loan sale opportunities
* Review, maintain and recommend procedures for efficiency improvements
* Develop, test and implement new processes using internal models or external technologies used to manage the hedge portfolio and loan sale decisions
* Maintain advanced knowledge of products and services and regulatory requirements
* Maintain knowledge on financial accounting required for hedging and financial reporting
* Coordinate with accounting to develop and maintain hedge accounting financial reports
* Act as an expertise and knowledge focal point for the team members
* Routinely meet with management to review hedge results and trading exposure
* Create, maintain and audit internal rate sheets
* Perform analyses as are needed from time to time to ensure that the security and rate lock positions are appropriately structured to minimize risk and maintain a stable net market value status
* Consult with outside consultants or research with outside vendors to help solve business needs
* Establish mortgage interest rate structures and product prices as needed, consistent with volatile market conditions
* Conduct all business in a professional and ethical manner to serve customers and increase the goodwill and profit of the company
* Able to travel overnight





*Education and/or Experience*
Bachelor's (B.A.) from a four year college or university; or four to ten years related experience and/or training; or equivalent combination of education and experience

*Preferred Qualifications*
* Master's degree (M.A.) preferred
* Strong communication skills
* Ability to multi-task and attention to detail
* *
Come join a winning team with a Fortune 500 company! We are growing fast and are looking for enthusiastic attitudes and team players to join our success. We offer an excellent benefits package including vision, medical and dental./*Build YOUR future with D.R. Horton, America's Builder.*/


**Job:** **Financial Services*

**Organization:** **Mortgage*


**Title:** *Sr.Trader-Capital Mkts Anlst*

**Location:** *TX-Austin*

**Requisition ID:** *2103574*
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Industry

  • Residential
Posted: 2021-06-10 Expires: 2021-07-11

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Sr.Trader-Capital Mkts Anlst

D.R. Horton, Inc
Austin, TX 78703

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