Market Risk Manager

Job Title:

Market Risk Manager

Location:

CA - Westlake Village

What you'll do:

As a Market Risk Manager, you'll play a critical role in the valuation, risk management, and reporting on Amerihome’s Mortgage Servicing Rights (MSR) and GNMA Early Buyout (EBO) portfolios. This role sits within Capital Markets and partners business lines across the company to enhance risk analytics, optimize hedging strategies, and provide transparent reporting on portfolio performance and risk exposures.

• Help lead the ongoing valuation, risk management and reporting on Amerihome’s MSR and EBO portfolios. 
• Develop and implement innovative strategies to improve valuation accuracy, hedging effectiveness, and overall portfolio management.
• Build statistical and quantitative models to measure and manage interest rate risk.  Produce high quality risk and performance reporting for senior management, clearly communicating portfolio dynamics, hedging effectiveness, and emerging risks.
• Contribute to the continuous improvement of risk infrastructure, analytics, and reporting processes.

What you'll need:

• 5+ years of related experience in Market Risk Management or Capital Markets or similar field.
• Bachelor's degree or equivalent experience required; Masters or MBA in related field preferred.
• Intermediate to advanced knowledge of residential mortgage industry in Correspondent or Retail Lending; including sales, operations, capital markets and/or other residential mortgage products and services.
• Intermediate to advanced knowledge of applicable regulatory and legal compliance obligations, rules and regulations, industry standards and practices.
• Intermediate to advanced knowledge of fixed income markets, including mortgage cash flows, interest rate risk, prepayment and delinquency modeling.
• Intermediate to advanced proficiency with Polypaths or comparable risk management platforms, as well as Bloomberg, SQL, VBA, and Python. 
• Hands-on experience trading TBAs, interest rate swaps, and futures.
• Advanced speaking and writing communication skills.
• CFA designation a plus but not required.

Compensation: Salary range for new hires is generally $130,400.00 - $161,000.00 for Westlake Village, CA. Salary amount is determined by specific job location. In addition, the role may be eligible for annual bonus/incentives earned.

Benefits you’ll love:

We offer all the important things you'd want — like competitive salaries, an ownership stake in the company, medical and dental insurance, time off, a great 401k matching program, tuition assistance program, an employee volunteer program, and a wellness program. In addition, you’ll have the opportunity to bolster your business knowledge, learning the ins and outs of how successful companies operate and manage their finances, giving you invaluable hands-on experience to help grow your career!

About the company:

AmeriHome Mortgage is a Western Alliance Bank company. Western Alliance Bank, Member FDIC, is a wholly owned subsidiary of Western Alliance Bancorporation. Serving clients nationwide, Western Alliance Bank includes six legacy bank brands — Alliance Association Bank, Alliance Bank of Arizona, Bank of Nevada, Bridge Bank, First Independent Bank and Torrey Pines Bank — that remain part of the company’s heritage.

Western Alliance Bancorporation is committed to equal employment and will consider all qualified applicants without regard to race, sex, color, religion, age, nation origin, marital status, disability, protected veteran status, sexual orientation, gender identity or genetic information. Western Alliance Bancorporation is committed to working with and providing reasonable accommodations for individuals with disabilities. If you are an individual with a disability and require a reasonable accommodation to complete any part of the application process and/or need an alternative method of applying, please email HR@westernalliancebank.com or call 602-386-2488.  When contacting us, please provide your contact information and state the nature of your accessibility issue.  We will only respond to inquiries concerning requests that involve a reasonable accommodation in the application process.

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