Associate, MSR Trading

Job Title

Reporting to the Vice President, Valuations, this position supports Fay's Mortgage Servicing Rights investment strategy by assisting with pricing, trading, valuation and portfolio management decisions.

The role is responsible for cash flow modeling and analytics that contribute to the effective valuation and risk management of the MSR portfolio. The position collaborates with internal departments including Finance, Capital Markets and Servicing to support investment execution and ongoing portfolio optimization.

Bachelor's degree in Finance, Economics, Mathematics, Engineering, Computer Science or related quantitative discipline

3+ years' experience in structured finance, trading or related financial field

1+ years' experience focused on Mortgage Servicing Rights (MSRs) or mortgage capital markets

Strong understanding of MSR valuation methodologies, cash flow modeling and discounted cash flow analysis

Experience with MSR valuation platforms and behavior models is strongly preferred

Expert in Microsoft Excel, with strong working knowledge of SQL and Power BI

Working knowledge of Python and R strongly preferred

Strong verbal and written communication skills

Ability to function in a pressure environment with defined times for deliverables

Strong interpersonal skills

Strong analytical and problem-solving skills

Solid decision-making abilities coupled with sound judgment

Strong time management skills

Ability to prioritize numerous tasks and manage shifting priorities

Client focused with strong execution skills and results orientation

High-level of precision with attention to detail and consistency

Flexible, open to change, ability to learn new things quickly

Ability to work in a collaborative environment and provide guidance for working groups

Medical, Dental and Vision Insurance Company Paid Life Insurance Disability Insurance Pet Insurance 401k Program with Employer Matching 3 Weeks Paid Time Off (PTO) Paid Holidays Wellness Initiatives Employee Assistance Program Eligible for Hybrid Work Schedule with Remote Flex Days

Compensation The hiring range for this position is between $92,500.00 - $ annually This position is eligible for an annual discretionary bonus