Capital Markets Associate (Risk Management/Hedging)

Job Description

Job Description

As Associate, Capital Markets (Risk Management), you will implement the strategic vision for risk management, driving enterprise-wide initiatives that optimize risk as a competitive advantage. You will lead cross-functional teams, present regularly to senior leadership, and champion a culture of innovation and continuous improvement. This role requires strong executive presence, with regular interaction and influence over key decisions made by senior leaders, as well as building strategic alliances across departments and with external stakeholders including auditors, traders, and investors.

 

The ideal candidate is a change agent who embraces innovation and leads transformation in risk modeling, technology, and regulatory compliance. Experience with automation, AI, and machine learning in risk analytics is highly valued. You will foster a culture of transparency and accountability, and promote risk awareness across the organization.

 

Responsibilities & Duties

 

• Execute the strategic vision for risk management, driving initiatives that position risk as a source of competitive advantage.
• Contribute to the development, maintenance, and enhancement of risk models for calculation and reporting of residential risk positions, including valuation and associated risk metrics for:
  • Residential mortgages (primarily jumbo loans)
    • RMBS: including bonds up and down the stack – including IOs
    • MSRs & AIOS
    • Derivatives
• Inform and refine interest rate risk trading strategies and do regression analysis of historical market patterns to fine-tune proprietary models.
• Assist in reconciliation of month-end reporting with the accounting department.
• Staying in lockstep with pricing desk of changes to pricing strategy and whole loan trades then implementing within risk modeling.
• Partner with IT team to ensure data accuracy and integrity for data flows into risk models.
• Responsible for maintaining a clean working model; constantly revisiting existing modeling to ensure accuracy and looking for efficiency improvements.
  • Oversee loan data uploads and updates, ensuring data quality and timeliness. 
  • Present to senior leadership, influencing key decisions and building strategic alliances across the organization and with external stakeholders.
• Collaborate and work with other team members across all the business functions.

 

Required Experience & Education

 

• Bachelor’s degree in Business Administration with a focus on Finance, Economics, Mathematics, or similar.
• 4+ years of experience preferred in Capital Markets, Treasury, and/or Finance.
• Trading and derivatives experience a plus.
• High attention to detail with effective problem-solving skills with accuracy always at the forefront.
• Technologically savvy, with the ability to pick up new software quickly always with an eye towards efficiency and modernization.
• Proficiency with Microsoft Excel with a track record of modeling that is clean and easy to follow.
• Experience with Bloomberg and corresponding Excel interface a plus.
• Excellent oral and written communication skills.
• Analytical thinking ability, diplomacy and professionalism.
• Self-starter, not afraid to ask questions, and accountability are all key traits of the successful candidate.
• Has the ability to “see around corners”: not waiting for something to become a problem before raising the issue and getting in front of the problem.
• Mortgage Industry Knowledge: to include a general knowledge of mortgage banking and market dynamics as they apply to Redwood Trust.

A reasonable estimate of the base compensation range for this role is $100,000-$115,000. The actual salary offer to the successful candidate will be based on job-related education, geographic location, training, licensure and certification, and other factors. Redwood Trust also offers a competitive benefit package including discretionary corporate bonus program, multiple health plans, STD and LTD options, company sponsored life insurance, fitness reimbursement, paid parental leave, time to volunteer, Paid Time off, ESPP, and 401K matching. At Redwood Trust, we are committed to fostering an inclusive workplace where diversity is valued, and everyone has the opportunity thrive. We welcome applications from individuals of all backgrounds and experiences. We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.