Mortgage Servicing Rights (MSR) Hedging Director
Core
Lead the development, execution, and ongoing management of the company's Mortgage Servicing Rights (MSR) hedging strategy to mitigate interest rate and market risks.
Role type
Director of MSR Hedging (Individual Contributor with team leadership responsibilities)
Builds
MSR hedging frameworks, governance processes, and daily hedging positions using derivatives
Domain
Mortgage banking, capital markets, interest rate risk management
Deliverable
production ML models | product features | dashboards & analysis | research | client delivery | infrastructure | physical/clinical work
Required skills
MSR valuation, hedging strategies, risk management, capital markets, governance frameworks, stakeholder influence, team leadership
Preferred skills
Building/transforming MSR hedging programs, presenting to executive committees (ALCO), advanced knowledge of valuation models
Technologies
Treasury futures, options, swaps, swaptions, TBAs
Responsibilities
Develop and implement MSR hedging framework and policies; Monitor hedge performance, effectiveness, and portfolio sensitivities; Collaborate with valuation teams on portfolio characteristics and market impact; Evaluate and recommend hedge adjustments; Develop risk metrics and reporting packages; Support budgeting and financial planning; Build and oversee a team of employees; Ensure risks are identified and controlled in accordance with policies.
Seniority
Director, strategic leadership with team management
