Texas Capital is built to help businesses and their leaders. Our depth of knowledge and expertise allows us to bring the best of the big firms at a scale that works for our clients, with highly experienced bankers who truly invest in people’s success — today and tomorrow.
While we are rooted in core financial products, we are differentiated by our approach. Our bankers are seasoned financial experts who possess deep experience across a multitude of industries. Equally important, they bring commitment — investing the time and resources to understand our clients’ immediate needs, identify market opportunities and meet long-term objectives. At Texas Capital, we do more than build business success. We build long-lasting relationships.
Texas Capital provides a variety of benefits to colleagues, including health insurance coverage, wellness program, fertility and family building aids, life and disability insurance, retirement savings plans with a generous 401K match, paid leave programs, paid holidays, and paid time off (PTO).
Headquartered in Dallas with offices in Austin, Fort Worth, Houston, Richardson, Plano and San Antonio, Texas Capital was recently named Best Regional Bank in 2024 by Bankrate and was named to The Dallas Morning News’ Dallas-Fort Worth metroplex Top Workplaces 2023 and GoBankingRate’s 2023 list of Best Regional Banks. For more information about joining our team, please visit us at www.texascapitalbank.com.
Overview:
The Mortgage-Backed Securities (MBS) Loan Trader will be responsible for managing and executing trades of agency and non-agency MBS products, contributing to the bank's fixed income trading desk's profitability and risk management objectives.
Responsibilities:
Execute trades in various MBS products, including TBA mortgage-backed securities, specified pools, and whole loans.
Develop and maintain strong relationships with institutional clients, brokers, and internal stakeholders to facilitate trading activities.
Monitor market conditions, economic indicators, and regulatory changes relevant to the MBS market and provide timely insights to the trading team.
Analyze complex MBS structures, cash flows, and prepayment models to identify trading opportunities and assess risk.
Manage the desk's MBS inventory, hedging strategies, and exposure to interest rate and credit risk.
Collaborate with sales, financing, credit, ans risk teams to provide comprehensive client solutions.
Ensure compliance with all internal policies, risk limits, and regulatory requirements.
Contribute to the development and implementation of trading strategies and models.
Qualifications:
Bachelor's degree in Finance, Economics, Mathematics, or a related quantitative field. Master's degree or CFA designation preferred.
3+years of experience in MBS trading, preferably on an institutional trading desk.
Deep understanding of MBS market dynamics, pricing conventions, and trading protocols.
Proven track record of generating consistent trading profits while effectively managing risk.
Strong analytical and quantitative skills with proficiency in financial modeling and data analysis tools (e.g., Bloomberg, Intex, Excel, VBA, Python).
Excellent communication, negotiation, and interpersonal skills.
Ability to thrive in a fast-paced, high-pressure trading environment.
FINRA Series 7 and Series 63 licenses required.
The duties listed above are the essential functions, or fundamental duties within the job classification. The essential functions of individual positions within the classification may differ. Texas Capital Bank may assign reasonably related additional duties to individual employees consistent with standard departmental policy.Texas Capital is an Equal Opportunity Employer.