Whole Loan Trader recruitment

A top tier institution is currently seeking a trader to overlook 2 Residential Mortgage Whole Loan portfolios, with a view to disposing of those legacy positions. The trader will be responsible for marking the positions, modelling cash flow projections, analysing credit risk, improving servicing, marketing the holdings, and ultimately disposing of the performing and non-performing loans.

The expected duration of this specific role is approximately 18 months to 3 years, depending on the rate of portfolio downsizing. The position is part of a legacy asset group enjoying a great internal profile and a solid track record in de-risking. It provides a collegial and intellectual environment to focus on existing assets but also expand one’s knowledge of other assets in the portfolio.

As the ideal candidate you possess the skills and competencies of a Director / Executive Director level trader / structurer, including but not limited to:

You should also be able to demonstrate a successful track record of whole loan trading, cash flow modelling, asset pricing, and deal execution.