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The role
SoFi is seeking a manager to join our Capital Markets group in the Home Loans team. In this
role, to you will be the point person working with a cross-functional internal team of capital
markets, treasury, margin management members together with external constituencies
including broker-dealers, investors, the GSE’s and third party vendors to execute home loan
sales, securitizations transactions.
What you’ll do:
● Manage rate-sheet generation via MBS pricing and coordination into the Product and
Pricing Engine. Emphasis on TBA pricing and Spec Pool pricing for rate-sheet
generation.
○ Understanding of MSR and BU-BD/XS Servicing pricing
● Work with margin management to determine best margin based on secondary
pricing, region, and/or current program, or marketing campaign.
● Familiar with Lock Desk procedures and policies.
● MBS pooling and loan delivery
● Pipeline hedging, trading and understanding of the roll market.
What you’ll need:
● 6+ years of relevant experience desired, primarily in home loan secondary markets.
● BS/BA in business, finance, accounting, economics or similar technical field
● Excellent work ethic and willingness to contribute broadly to achieve team and
company objectives
● Strong verbal and written communication as well as technical and organizational
skills
● Strong analytical skills with attention to detail
● Strong ability to read and interpret financial contracts and knowledge of core
documents and industry standard/best practices in transactional terms
● High level of proficiency with Microsoft Office suite (particularly in Excel, PowerPoint)
● Previous experience with lending or consumer credit products a plus: mortgages,
student loans, credit cards, personal loans, etc.
● Previous experience with asset-backed securitization data sets a plus: Bloomberg,
Intex, DV01, etc.
A Plus:
● Familiarity with Encompass LOS and OB pricing engine.
● Post Close experience.
● Resi Private Label Securities, structuring and securitization.
● Understanding of fixed income/MBS risk metrics and bond math.