Broker Check

Job Posting: MBS & ABS Mortgage Sales Trader

Job Posting: MBS & ABS Mortgage Sales Trader

Position: MBS & ABS Mortgage Sales Trader

About the Position:

Cabrera Capital Markets seeks to supplement our Taxable Fixed Income desk with a MBS/ABS mortgage sales trader. The Mortgage Trader must have in-depth product knowledge, proven relationships with large, medium-sized or small ABS/CMBS/RMBS investors (government-related asset managers, money managers and insurance companies). Cabrera Capital has built our business by developing strong relationships with many of the nation’s largest institutional buyers.

Location - Chicago or New York

Responsibilities:

  • Sell loans to their best execution through TBA, Cash, or Whole Loan trades
  • Create and maintain counterparty relationships
  • Manage pooling calendar and pooling allocation process
  • Reconcile monthly Reg. Class Settlements and wire transfers
  • Manages GSE commitment/reservation process
  • Maintain and cultivate customer and broker relationships

Qualifications:

  • Active Series 7 and 63 licenses
  • 3 years of mortgage experience
  • Existing and active account base is a plus
  • Must be capable of working independently and collaboratively, as a leader, individual and as a team player
  • Must have strong analytical and critical thinking skills, be self-motivated, detailed oriented and organized
  • Excellent verbal communication skills
  • Proficient with Bloomberg and MS Office
  • All other duties as needed