Full-Time

Capital Markets Jr. Trading Analyst

Posted on 11/6/2024

Plaza Home Mortgage

Plaza Home Mortgage

501-1,000 employees

Mortgage lending and loan servicing solutions

Financial Services

Compensation Overview

$18 - $22Hourly

Entry, Junior

San Diego, CA, USA

This position is hybrid, requiring in-office presence.

Category
Quantitative Analysis
Quantitative Research
Quantitative Finance
Required Skills
SQL
Financial analysis
Data Analysis
Excel/Numbers/Sheets
Requirements
  • Bachelor’s degree in finance, business administration or related field.
  • Mortgage Banking experience and/or knowledge preferable
  • Financial analysis tools including, but not limited to MS Excel, Crystal Reports, MS Access, Visual Basic, Visual Basic for Applications, SQL, Relational Databases
  • Interpersonal communication skills
  • Ability to articulate complex ideas to management and sales staff
  • Ability to work with large amounts of data.
  • Strong attention to detail and ability to meeting deadlines
  • Excellent problem-solving skills
Responsibilities
  • Work directly with various wholesale, retail, and closed-loan purchase channels to provide feedback and suggestions to improve the bottom line.
  • Track market and lender activities.
  • Measure and monitor the market, liquidity and credit risk.
  • Develop and communicate tactical and strategic recommendations on portfolio activity to senior management.
  • Provide daily pricing and transactional support to Secondary Marketing department.
  • Work closely with Treasury department and warehouse lenders to ensure timely and complete settlement of loan sale proceeds.
  • Ensure trades are satisfied within the required deadlines.
  • Communicate with broker-dealers to confirm trade details and resolve any trade issues.
  • Assist in the daily capital markets activities of inputting trades, creating reports, and/or analyzing data.
  • Other duties as assigned.

Plaza Home Mortgage provides a range of mortgage products, including fixed-rate loans, adjustable-rate mortgages, FHA loans, VA loans, home equity loans, and reverse mortgages, primarily serving first-time homebuyers and seasoned homeowners. They operate through Wholesale lending, partnering with brokers for tailored solutions, and Correspondent lending, assisting banks in managing their loan portfolios. The company generates revenue from origination and servicing fees and has reintroduced the Solutions Non-QM program to help borrowers who may not meet traditional criteria. Plaza Home Mortgage aims to enhance client relationships through education and continuous improvement.

Company Stage

N/A

Total Funding

N/A

Headquarters

San Diego, California

Founded

2000

Growth & Insights
Headcount

6 month growth

-1%

1 year growth

-1%

2 year growth

-1%
Simplify Jobs

Simplify's Take

What believers are saying

  • Increased demand for Non-QM loans offers growth opportunities for Plaza Home Mortgage.
  • Growing interest in digital mortgage solutions can enhance Plaza's operational efficiency.
  • Expansion of remote work policies boosts demand for suburban homes, benefiting mortgage lenders.

What critics are saying

  • Increased competition in the Non-QM market could pressure Plaza's profit margins.
  • Rising interest rates may decrease refinancing activities, impacting Plaza's revenue.
  • Stricter regulatory requirements could increase operational costs for Plaza Home Mortgage.

What makes Plaza Home Mortgage unique

  • Plaza Home Mortgage offers a diverse range of loan products, including Non-QM loans.
  • The company operates through Wholesale and Correspondent lending channels for tailored solutions.
  • Plaza Home Mortgage emphasizes client education and technology enhancements for competitive advantage.

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