Secondary Market Manager

Since 1973, East West Bank has served as a pathway to success. With over 110 locations across the U.S. and Asia, we are the premier financial bridge between the East and West. Our teams of experienced, multi-cultural professionals help guide businesses and community members on both sides of the Pacific looking to explore new markets and create new opportunities, and our sustained growth and expertise in industries like real estate, entertainment and media, private equity and venture capital, and high-tech help build sustainable businesses and expand our associates’ potential for career advancement. 

Headquartered in California, East West Bank (Nasdaq: EWBC) is a top-performing commercial bank with a strong foundation, an enterprising spirit and a commitment to absolute integrity. East West Bank gives people the confidence to reach further.

The Mortgage Loan Secondary Markets Manager will oversee the process of purchasing and/or selling closed mortgage loans to investors on the secondary market. The Mortgage Loan Secondary Markets Manager will analyze market conditions, develop pricing strategies, and ensure loans are bought and/or sold at optimal prices while adhering to regulations. This role also involves managing risk, building relationships with investors, and potentially developing hedging strategies to mitigate market volatility.

Pricing and Sales:
Determining the best price for mortgage loans based on market conditions and investor demand.
Risk Management:
Identifying and mitigating potential risks associated with loan sales, such as interest rate fluctuations.
Compliance:
Ensuring all secondary market activities adhere to relevant regulations and guidelines.
Hedging Strategies:
Developing and implementing strategies to protect against market volatility.
Reporting:
Providing regular reports to senior management on secondary market performance and activities.

• Knowledge of Mortgage Products: Understanding different types of mortgage loans and their characteristics.
• Secondary Market Expertise: Familiarity with the processes and regulations of the secondary mortgage market.
• Analytical Skills: Ability to analyze market data and identify trends.
• Communication Skills: Effectively communicating with investors, loan officers, and other stakeholders.
• Risk Management Skills: Identifying and mitigating potential risks in loan sales.
• Attention to Detail: Ensuring accuracy in loan pricing and documentation.

Educational Background and Experience:

• A bachelor's degree in finance, business, or a related field is typically required.
• Experience in the mortgage industry, particularly in secondary marketing, is highly valued.
• Supervisory experience may be required for some management positions.