MBS and CMO Trader

Job not on LinkedIn

🔥 0 minutes ago

🇺🇸 United States – Remote

⏰ Full Time

🟡 Mid-level

🟠 Senior

🎯 Chief Marketing Officer (CMO)

👻 Ghost score 10%

What it means: how likely this posting is sitting open without active hiring.How to read it: 60% or higher means we think this is a ghost. Lower scores are less of a worry.How we score it: age, reposts, open roles vs team size, how fast jobs close, and whether pay is listed.Fine print: an estimate from public data, not a judgment of the company. Real jobs can score high, so treat it as a hint, not a fact.

Apply Now

Find Similar Remote Jobs

Set Up Email Alert For New Jobs

📊 Check your resume score for this job

Improve your chances of getting an interview by checking your resume score before you apply.

Upload Resume

Freedom Mortgage

WebsiteLinkedInAll Job Openings

5001 - 10000 employees

Founded 1990

💸 Finance

🏠 Real Estate

👥 B2C

💰 $500M Debt Financing - Freedom Mortgage on 2025-08

Finance • Real Estate • B2C

Freedom Mortgage is a U. S. -based residential mortgage lender and servicer that provides home loan products and related services to consumers. The company offers purchase and refinance mortgages (VA, FHA, USDA, and conventional), HELOCs, fixed- and adjustable-rate terms, cash-out and streamline refinances, online account management and payment tools, and customer support including loan advisors. Freedom Mortgage focuses on consumer (B2C) mortgage origination and servicing for homebuyers and homeowners.

📋 Description

• Manage Agency MBS security selection and portfolio performance within approved investment and risk parameters • Evaluate relative value across Fannie Mae, Freddie Mac, and Ginnie Mae securities, including specified pools, TBAs, and CMOs • Manage TBA exposures across coupons, agencies, rolls, and collateral types • Execute MBS and related hedging transactions while managing duration, curve, volatility, basis, liquidity, and financing risks • Develop, calibrate, and enhance Freedom's prepayment 'dials' model using loan and pool performance • Monitor actual versus modeled prepayment performance and update speed assumptions • Serve as Freedom's primary interface with dealer prepayment modelers and strategists • Provide market intelligence and analytical support for origination and secondary-market best execution • Identify opportunities involving specified pools and structured securities to improve carry, convexity, hedging efficiency, and risk-adjusted returns • Build and manage a CMO relative-value capability, including collateral acquisition, transaction evaluation, structuring, and issuance support • Evaluate sale or retention of CMO tranches and manage financing, valuation, and hedging of retained positions • Coordinate with Legal, Operations, Accounting, Finance, Valuation, Risk, dealers, and other counterparties • Maintain attribution of CMO realized and unrealized P&L, financing costs, and direct expenses • Develop reporting on portfolio positioning, risk, performance, and investment opportunities for senior management • Contribute to Freedom's Agency MBS investment, analytics, and risk-management platform • Perform other related duties as assigned • Comply with company policies and procedures • Maintain regular and punctual attendance • Provide guidance, leadership, or training to others as needed

🎯 Requirements

• Extensive experience trading or managing Agency MBS, CMOs, or mortgage-related relative-value strategies • Deep knowledge of Agency TBAs, specified pools, CMOs, mortgage derivatives, collateral analysis, and prepayment behavior • Experience developing, calibrating, or challenging Agency MBS speed assumptions • Demonstrated ability to identify and execute relative-value opportunities while managing market, liquidity, financing, and operational risks • Experience with CMO structuring, collateral selection, tranche analysis, or dealer-led CMO transactions • Strong understanding of MBS financing, hedging, valuation, risk measurement, and P&L attribution • Strong judgment, communication, and collaboration skills • Bachelor's degree in finance, economics, mathematics, engineering, or another quantitative field, or equivalent relevant experience • Preferred: track record managing profitable Agency MBS or CMO relative-value strategies • Preferred: proficiency with Yield Book or comparable mortgage analytics and advanced spreadsheet or quantitative-analysis tools • Preferred: established relationships with MBS dealers, traders, strategists, model providers, and financing counterparties • Preferred: experience building analytical tools, investment workflows, reporting, or trading infrastructure • Certificates, Licenses, Registrations: None Required