Senior Vice President, Capital Markets & Margin Management

<p style="text-align: justify;"><span style="font-family: Arial, sans-serif;"><span style="font-size: 11pt;"><strong>POSITION TITLE:   Senior Vice President, Capital Markets</strong></span></span></p><p style="text-align: justify;"><span style="font-family: Arial, sans-serif;"><span style="text-decoration: none;"><strong><u> </u></strong></span></span></p><p style="margin-bottom: 6pt; text-align: justify;"><span style="font-family: Arial, sans-serif;"><span style="font-size: 11pt;"><strong>POSITION SUMMARY:</strong></span></span></p><p style="margin-left: 9pt;"> </p><p><span style="color: black; font-family: Arial, sans-serif;"><span style="font-size: 11pt;">The Senior Vice President (SVP), Capital Markets & Margin Management, oversees capital markets execution, margin management, pricing, hedging, and secondary market operations for a mortgage non-bank origination platform. Reporting to the Chief Investment Officer, this role requires a strong understanding of mortgage industry processes including origination, servicing, and trading for both Agency and Non-Agency executions. The SVP focuses on meeting targets for newly originated UPBs, pre-tax income, and cash yield. Collaboration with MSR, Sales, Operations, Growth, Servicing, Finance, Financial Planning, and Data Science Analytics teams is essential for advancing business growth, profitability, and efficiency.</span></span></p><p style="margin-left: 9pt; text-align: justify;"> </p><p style="margin-bottom: 6pt; text-align: justify;"><span style="font-family: Arial, sans-serif;"><span style="font-size: 11pt;"><strong>JOB FUNCTIONS AND RESPONSIBILITIES:</strong></span></span></p><p style="margin: 0in 0in 6pt 9.35pt; text-align: justify;"><span style="font-family: Arial, sans-serif;"><span style="font-size: 11pt;">To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. </span></span></p><p style="line-height: 15pt;"><span style="color: black; font-family: Arial, sans-serif;"><span style="font-size: 11pt;"><strong>Capital Markets Strategy & Execution</strong></span></span></p><ul style="list-style-type: disc;"><li style="color: black; line-height: 15pt;"><span style="font-family: Arial, sans-serif;"><span style="font-size: 11pt;">Lead all capital markets execution related to loan sales, securitizations, best execution analysis, and investor allocation strategies.</span></span></li><li style="color: black; line-height: 15pt;"><span style="font-family: Arial, sans-serif;"><span style="font-size: 11pt;">Develop and manage whole loan and bulk execution strategies across agency and non-agency channels, ensuring optimal pricing and liquidity.</span></span></li><li style="color: black; line-height: 15pt;"><span style="font-family: Arial, sans-serif;"><span style="font-size: 11pt;">Maintain strong relationships with investors, aggregators, dealers, and counterparties to support competitive execution and capacity.</span></span></li><li style="color: black; line-height: 15pt;"><span style="font-family: Arial, sans-serif;"><span style="font-size: 11pt;">Monitor market conditions and proactively adjust execution strategies in response to interest rate, volatility, and liquidity changes.</span></span></li></ul><p style="line-height: 15pt;"><span style="color: black; font-family: Arial, sans-serif;"><span style="font-size: 11pt;"><strong>Margin Management & Pricing Oversight</strong></span></span></p><ul style="list-style-type: disc;"><li style="color: black; line-height: 15pt;"><span style="font-family: Arial, sans-serif;"><span style="font-size: 11pt;">Own enterprise margin management, ensuring alignment between pricing strategy, hedging effectiveness, execution outcomes, and financial performance.</span></span></li><li style="color: black; line-height: 15pt;"><span style="font-family: Arial, sans-serif;"><span style="font-size: 11pt;">Ensure we are margining appropriately, working with the Data Science Analytics and Sales leadership teams to target the desired buy box.</span></span></li><li style="color: black; line-height: 15pt;"><span style="font-family: Arial, sans-serif;"><span style="font-size: 11pt;">Partner with Production, Sales, and Finance to balance competitive pricing, growth objectives, and profitability targets.</span></span></li><li style="color: black; line-height: 15pt;"><span style="font-family: Arial, sans-serif;"><span style="font-size: 11pt;">Oversee primary-secondary pricing spread analysis and ensure disciplined margin governance across channels and products.</span></span></li><li style="color: black; line-height: 15pt;"><span style="font-family: Arial, sans-serif;"><span style="font-size: 11pt;">Establish clear margin reporting, analytics, and performance metrics for executive leadership.</span></span></li></ul><p style="line-height: 15pt;"><span style="color: black; font-family: Arial, sans-serif;"><span style="font-size: 11pt;"><strong>Hedging & Risk Management</strong></span></span></p><ul style="list-style-type: disc;"><li style="color: black; line-height: 15pt;"><span style="font-family: Arial, sans-serif;"><span style="font-size: 11pt;">Direct hedging strategy for the loan pipeline and mortgage inventory, including oversight of models, assumptions, and trade execution.</span></span></li><li style="color: black; line-height: 15pt;"><span style="font-family: Arial, sans-serif;"><span style="font-size: 11pt;">Ensure robust controls around hedge effectiveness, exposure monitoring, and position limits.</span></span></li><li style="color: black; line-height: 15pt;"><span style="font-family: Arial, sans-serif;"><span style="font-size: 11pt;">Partner with Finance, Risk, and Treasury to align hedging practices with accounting, liquidity, and risk management frameworks.</span></span></li><li style="color: black; line-height: 15pt;"><span style="font-family: Arial, sans-serif;"><span style="font-size: 11pt;">Support governance and reporting for senior management, including market risk exposure and performance trends.</span></span></li></ul><p style="line-height: 15pt;"><span style="color: black; font-family: Arial, sans-serif;"><span style="font-size: 11pt;"><strong>Secondary Operations & Execution Infrastructure</strong></span></span></p><ul style="list-style-type: disc;"><li style="color: black; line-height: 15pt;"><span style="font-family: Arial, sans-serif;"><span style="font-size: 11pt;">Provide executive oversight of secondary marketing operations, ensuring scalable, compliant, and efficient processes.</span></span></li><li style="color: black; line-height: 15pt;"><span style="font-family: Arial, sans-serif;"><span style="font-size: 11pt;">Drive enhancements to capital markets analytics, reporting, and technology platforms.</span></span></li><li style="color: black; line-height: 15pt;"><span style="font-family: Arial, sans-serif;"><span style="font-size: 11pt;">Ensure alignment between lock desk, secondary operations, hedging, and investor delivery functions.</span></span></li><li style="color: black; line-height: 15pt;"><span style="font-family: Arial, sans-serif;"><span style="font-size: 11pt;">Own transaction management both agency and non-agency including negotiating MLPAs.</span></span></li></ul><p style="line-height: 15pt;"><span style="color: black; font-family: Arial, sans-serif;"><span style="font-size: 11pt;"><strong>Leadership & Enterprise Partnership</strong></span></span></p><ul style="list-style-type: disc;"><li style="color: black; line-height: 15pt;"><span style="font-family: Arial, sans-serif;"><span style="font-size: 11pt;">Serve as a key advisor to the EVP, Chief Investment Officer and executive leadership on market conditions, risk posture, and profitability drivers.</span></span></li><li style="color: black; line-height: 15pt;"><span style="font-family: Arial, sans-serif;"><span style="font-size: 11pt;">Build, lead, and mentor a high-performing capital markets and margin management team.</span></span></li><li class="ortl-align-justify"><p style="text-align: justify;"><span style="color: black; font-family: Arial, sans-serif;"><span style="font-size: 11pt;">Partner cross-functionally with Production, Finance, Treasury, Risk, Legal, and Compliance to support enterprise objectives.</span></span></p></li><li class="ortl-align-justify"><p style="text-align: justify;"><span style="color: black; font-family: Arial, sans-serif;"><span style="font-size: 11pt;">Support board-level and senior executive reporting as required.</span></span></p></li></ul><p style="text-align: justify;"><span style="font-family: Arial, sans-serif;"><span style="text-decoration: none;"><strong><u> </u></strong></span></span></p><p style="text-align: justify;"><span style="font-family: Arial, sans-serif;"><span style="text-decoration: none;"><strong><u> </u></strong></span></span></p><p style="margin-bottom: 6pt; text-align: justify;"><span style="font-family: Arial, sans-serif;"><span style="font-size: 11pt;"><strong>QUALIFICATIONS:</strong></span></span></p><p style="margin-bottom: 6pt; text-align: justify;"><span style="font-family: Arial, sans-serif;"><span style="font-size: 11pt;">To perform this job successfully, an individual must have the following education and/or experience:</span></span></p><ul style="list-style-type: disc;"><li style="color: black;"><span style="font-family: Arial, sans-serif;"><span style="font-size: 11pt;">A bachelor’s degree is required.</span></span></li><li style="color: black;"><span style="font-family: Arial, sans-serif;"><span style="font-size: 11pt;">An MBA is strongly preferred.</span></span></li></ul><p> </p><p><span style="color: black; font-family: Arial, sans-serif;"><span style="font-size: 11pt;"><u>Industry Experience</u></span></span></p><ul style="list-style-type: disc;"><li style="color: black;"><span style="font-family: Arial, sans-serif;"><span style="font-size: 11pt;">A minimum of 15 years in the mortgage industry, with at least 8 years in capital markets. This includes progressively increasing responsibilities and leadership roles, as well as experience with GNMA, Agency TBA (buy/sell sides), Non-Agency private placements, RMBS markets, and advanced proficiency in Microsoft Excel.</span></span></li><li style="color: black;"><span style="font-family: Arial, sans-serif;"><span style="font-size: 11pt;">At least 8 years of experience in analyzing, trading, and managing securitization products. Candidates should possess custom/specification trading expertise, preferably with exposure to MBS derivatives and Mortgage Servicing Rights, and have proven capability in addressing complex technical, administrative, and managerial challenges.</span></span></li></ul><p> </p><p><span style="color: black; font-family: Arial, sans-serif;"><span style="font-size: 11pt;"><u>Core Competencies and Skills</u></span></span></p><ul style="list-style-type: disc;"><li style="color: black;"><span style="font-family: Arial, sans-serif;"><span style="font-size: 11pt;">Exceptional analytical and critical thinking abilities.</span></span></li><li style="color: black;"><span style="font-family: Arial, sans-serif;"><span style="font-size: 11pt;">Outstanding interpersonal skills, with a demonstrated capacity to communicate complex information clearly.</span></span></li><li style="color: black;"><span style="font-family: Arial, sans-serif;"><span style="font-size: 11pt;">Advanced decision-making skills, with the ability to assess both short-term and long-term implications of pricing and market dynamics.</span></span></li><li style="color: black;"><span style="font-family: Arial, sans-serif;"><span style="font-size: 11pt;">Strong problem-solving aptitude, including experience developing solutions for non-standard issues.</span></span></li><li style="color: black;"><span style="font-family: Arial, sans-serif;"><span style="font-size: 11pt;">Self-motivated, with a demonstrated ability to operate independently.</span></span></li><li style="color: black;"><span style="font-family: Arial, sans-serif;"><span style="font-size: 11pt;">Established track record of multi-tasking and meeting deadlines in high-pressure, rapidly changing environments.</span></span></li><li style="color: black;"><span style="font-family: Arial, sans-serif;"><span style="font-size: 11pt;">History of cultivating strong relationships across various leadership functions, facilitating effective influence and organizational change.</span></span></li><li style="color: black;"><span style="font-family: Arial, sans-serif;"><span style="font-size: 11pt;">Excellent written and verbal communication skills.</span></span></li><li style="color: black;"><span style="font-family: Arial, sans-serif;"><span style="font-size: 11pt;">Ability to collaborate with all levels of management to ensure timely execution of initiatives and to identify areas for improvement.</span></span></li><li style="color: black;"><span style="font-family: Arial, sans-serif;"><span style="font-size: 11pt;">Skilled in facilitating meetings, preparing management reports, and conducting both micro- and macro-level data analysis.</span></span></li><li style="color: black;"><span style="font-family: Arial, sans-serif;"><span style="font-size: 11pt;">Capable of leading multiple departments and teams; committed to delivering prompt, constructive feedback and fostering employee development through challenging growth opportunities.</span></span></li><li style="color: black;"><span style="font-family: Arial, sans-serif;"><span style="font-size: 11pt;">Strong relationship management skills, confidently engaging with internal and external stakeholders and influencing individuals at all organizational levels—including senior executives—to drive results.</span></span></li></ul><p style="text-align: justify;"> </p><p style="margin-left: 9pt; text-align: justify;"><span style="font-family: Arial, sans-serif;"><span style="font-size: 11pt;"><strong>Training / Licensing Requirements: </strong></span></span></p><ul style="list-style-type: disc; padding-left: 30px;"><li><p style="line-height: 105%;"><span style="font-family: Arial, sans-serif;"><span style="font-size: 11pt; line-height: 105%;">Must pass the Company’s Background Screening process prior to beginning employment. Additionally, as a condition of employment, you may be required to pass client-specific background check requirements or Federal/State licensing requirements, if applicable.</span></span></p></li></ul> <br><p>Onity Group Inc. is a leading non-bank financial services company providing mortgage servicing and originations solutions through its subsidiary, Onity Mortgage, formerly known as PHH Mortgage. Onity Mortgage is one of the largest servicers in the country, focused on delivering a variety of servicing and lending programs to customers, clients and investors.</p> <p><br></p> <p>At Onity, we strive to earn our customers’ loyalty every day. We do this by consistently delivering exceptional service and building trust through reliability, integrity, and following through on our commitments. We operate through the lens of the customer, understand the importance of homeownership, and take pride in helping homeowners. Collectively this fosters long-term relationships, ensuring our customers feel valued and supported. We expect all employees to interact with and engage our colleagues and our customers with respect, courtesy and professionalism, and to achieve results consistent with our service delivery standards.</p> <p><br></p> <p>Onity is intensely focused on hiring, developing and retaining the best talent in the industry! Our commitment to inclusion and equal opportunity ensures that we sustain our reputation as an outstanding place to work, a great business partner and a valued community member. We are committed to equal employment opportunity regardless of race, color, ancestry, religion, sex, national origin, sexual orientation, age, citizenship, marital status, disability, gender identity or Veteran status. If you have a disability or special need that requires accommodation, please let us know.</p> <p><br></p> <p>Onity Group Inc. offers a comprehensive benefits package including medical, dental and vision; up to 3% match on 401(k) contributions; generous paid time off; company-paid life, accident and disability coverage; programs for mental, physical and financial wellness; and more. Visit jobs.onitygroup.com for details.</p> <p><br></p>

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