Nextres, LLC · 4 hours ago
SVP of Capital Markets
United States
Full-time
Remote
Senior Level, Lead/Staff
$125K/yr - $160K/yr
8+ years expNextres, LLC is a versatile independent mortgage banker operating at the national level, and they are seeking a SVP of Capital Markets. The role involves managing secondary market activities, overseeing investor delivery, and defining pricing strategies to achieve profit margins.
Financial ServicesLendingReal Estate Investment
Responsibilities
Manage the secondary market activities and initiatives in the entire Nextres, LLC and its affiliates product line
Provide functional oversight of the lock desk, post-closing, and investor delivery
Manage Investor delivery of closed loan files and handle diligence clearing of conditions
Monitor and maximize pull-through rates
Define and carry out pricing and delivery strategy to achieve stable, targeted profit margins
Establish daily secondary market pricing for saleable products and work closely with other leadership to establish product pricing. Monitor pricing for competitive positioning taking advantage of investor price moves and owning the product and pricing eligibility engines
Manage secondary market investor trading relationships. Maximize profitability within established guidelines through best execution analysis (including whether to retain or sell servicing) and choice of investor delivery methods
Stay updated residential and NonQM and Fix and Flip/Bridge/GUC mortgage credit policy and standards
Assist with new product development, guideline review, and appropriate corresponding disclosures
Ensure quick and accurate file delivery to investors/GSEs to minimize warehouse dwell time
Conduct daily rate sheet distribution
Build product in the company’s technology platform
Qualification
Required
8+ years' experience specifically with private lending or non-bank financing is required
Senior experience in a Capital Markets/Lock Desk role
Advanced knowledge of secondary mortgage market product guidelines for Non-QM and Fix and Flip is required
Excellent knowledge and understanding of mortgage operations
Proficient with general office machines and programs to include Microsoft Office Word, Excel, Outlook, and other software that might be utilized in the department
Well-organized, accurate, and attentive to detail
Ability to work in continually changing environment
Ability to multitask and move quickly between required job functions
Great communication skills, self-motivation, positive attitude
Preferred
Bachelor's degree in a business-related field preferred
Benefits
Medical, Dental, Vision Insurance Options
Company paid Life Insurance, STD, and LTD
Paid time off and paid company holidays
Flexible Spending Account
Employee discounts and Employee Assistance Program
401(k) with employer match
Company
Nextres, LLC
Nextres, LLC is a wholesale mortgage lender. We are progressive, knowledgeable, and innovative, with advanced technology.
51-200 employees
Funding
Current Stage
Growth StageLeadership Team
Kirk Ayzenberg
Chief Executive Officer and President
Heather Consalvi
Executive Vice President, Chief Operating Officer
Company data provided by crunchbase