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Full-time
bachelor degree
Medical insurance, Dental insurance, Vision insurance, Short-term disability, Long-term disability, 401(k) plan
Posted 15d ago
~40 hrs/week
Responsibilities
The Hedging & Trading Specialist manages Non-QM loan committing, pricing, and hedging support on the capital markets desk. The role involves reconciling loan-level pipelines, preparing hedge packages, and tracking trade settlements and delivery performance.
Requirements
Candidates must have at least two years of mortgage banking or financial services experience and advanced Excel proficiency. A bachelor's degree in a relevant field or equivalent industry experience is required.
Full job description
Hedging & Trading Specialist
Position Overview:
The Hedging & Trading Specialist is a hands-on seat on the capital markets desk with a primary focus on Non-QM loan committing and hedging support. The role prices and commits Non-QM production to investors and aggregators, tracks those commitments through delivery, and maintains the daily data and reporting that support the Company's interest rate hedge.
Ideal candidates for this position will have (1) 2-3 years of mortgage banking or financial services experience; (2) strong Excel skills; and (3) demonstrated accuracy and attention to detail working to a market-driven schedule.
Essential Functions of the Role:
Price and commit Non-QM loans to investors and aggregators, entering commitments accurately and confirming terms.
Prepare the daily hedge package for the Senior Trader, summarizing exposure by coupon and product, current position, and pipeline changes.
Pull and reconcile the daily loan-level pipeline across the loan origination system, pricing engine, and hedge analytics platform.
Build and submit bid tapes, and track bid results, fill rates, and pricing by counterparty.
Maintain the commitment calendar, including delivery windows, expiration/extension deadlines, and roll or pair-off exposure.
Track committed loans through funding, including purchase advice reconciliation and resolution of price variance, delivery, and suspense issues.
Enter trades as directed and reconcile dealer confirms, settlements, and pair-offs.
Track daily lock volume, extensions, fallout, and pull-through, and maintain the underlying assumption history.
Support daily rate sheet production, validating investor price changes, margin updates, and product changes.
Run competitor pricing comparisons, flag anomalies, and support sales and the lock desk on pricing and lock-policy questions.
Produce recurring daily, weekly, and month-end secondary marketing, hedge reconciliation, and P&L reports.
Other duties as assigned.
Classification: Full Time, Non-Exempt
Hedging & Trading Specialist
Essential Knowledge/Skills/Abilities:
Advanced Excel skills, including pivot tables, XLOOKUP/INDEX-MATCH, and SUMIFS, with comfort working in large data sets.
Demonstrated accuracy and attention to detail, particularly working to a market-driven schedule.
Clear, direct written and verbal communication with internal teams and external counterparties.
Ability to work independently and proactively surface questions rather than guess.
Working knowledge of fixed income, derivatives, or financial market concepts.
Familiarity with mortgage-backed securities, TBA mechanics, and basic hedging concepts.
Strong analytical and problem-solving ability.
Technical proficiency in SQL, Power Query, VBA, or Python.
Experience Requirements:
Minimum of two (2) years of professional experience in mortgage banking or financial services (lock desk, secondary marketing, post-closing, loan delivery, capital markets operations, or a comparable analytical role) required.
Exposure to Non-QM products (Bank Statement, DSCR, 1099, non-agency Full Doc) preferred.
Exposure to a loan origination system, pricing engine, or hedge analytics platform preferred.
Education / Licensing Requirements:
Bachelor's degree in Finance, Economics, Mathematics, Accounting, Business, or a related field, or equivalent mortgage industry experience in lieu of a degree, required.
Coursework or self-study in fixed income, derivatives, or financial markets preferred.
Working Conditions:
Fast-paced, market-driven environment.
Requires normal vision (corrected) both close and distant.
Requires normal hearing levels (corrected).
Requires working at a desk to use a phone and computer for extended periods of time.
Requires sitting, bending.
Works effectively with frequent interruptions.
Lifting requirements of 10 lbs. occasionally.
Minimal travel <5%.
Along with a great culture and competitive pay, full-time employees are eligible to receive additional benefits:
A community of mortgage professionals delivering excellence in service since 1999.
Industry
Financial Services
Company size
501-1,000 employees
Founded
1999
Headquarters
Plano, TX
LinkedIn followers
7,202
A community of mortgage professionals
Benchmark is a full-service mortgage banker and seller-servicer. Founded in 1999, the company is headquartered in Plano, TX . We’re licensed in 48 states across the United States and service loans nationwide.
We are a community of mortgage professionals that are united by the Benchmark core values - success, relationship, dynamic, excellence, positive attitude. Everything we do comes back to these five defined beliefs. Adhering to these values dictates the way we think, manage our business, and treat our customers, as well as our attitude towards our business partners. We put our customers at the center of everything we do. We want to give them such outstanding service that they will honor us with repeat business and rave about us to their friends, families, and business associates. Moreover, Benchmark is committed to prudent, fair, and responsible lending and mortgage servicing. We believe in providing the customer with the financing that can benefit them, and not harm them.
Our accolades include:
• #8 Top 100 Places to Work (midsize company) in Dallas-Fort Worth for 2020
• #21 Top 100 Places to work (midsize company) in Dallas-Fort Worth for 2019
• #24 Top 100 Places to work (midsize company) in Dallas-Fort Worth for 2018
• #21 Top 100 Places to work (midsize company) in Dallas-Fort Worth for 2017
• Mortgage Executive Magazine Top 100 Mortgage Companies in America for 2012
• Ernst & Young Entrepreneur of the Year 2011 Finalist
• #57 in the Inc. 500 List of America’s Fasted Growing Private Companies
• # 139 in Entrepreneur Magazine’s Hot 500 - Fastest Growing Companies in America
• #12 in the prestigious Dallas 100
For licensing information go to https://nmlsconsumeraccess.org/
ARK-LA-TEX Financial Services, LLC dba Benchmark Mortgage & Benchmark Home Loans (Benchmark Lending in NY / NJ)
Company NMLS ID 2143
Equal Housing Opportunity
Offices: 5160 Tennyson Pkway, Suite 1000, Plano, TX 75024, US
How much do Data & Analytics jobs in Plano, TX pay?
Based on 277 listings with disclosed salaries, most data & analytics jobs in Plano, TX pay between $70k–$203k per year. Individual offers vary with seniority, company size, and specialization.
How many Data & Analytics jobs are open in Plano, TX right now?
There are currently 784 open data & analytics positions in Plano, TX listed on Clera. New openings are added daily as companies post roles.
Which companies are hiring for Data & Analytics roles in Plano, TX?
Companies currently hiring include JPMorganChase, Samsung Electronics France, PepsiCo, NTT DATA North America, Toyota Racing Development, among others. Browse the listings above to see every active employer.
Are there remote or hybrid Data & Analytics jobs in Plano, TX?
Yes — 223 of the 784 open data & analytics positions offer remote or hybrid work (50 remote, 173 hybrid).
How do I apply for Data & Analytics jobs in Plano, TX?
Each listing links directly to the employer's application page. Apply early — fresh listings get the most recruiter attention in the first two weeks.