Onity Group Inc. is a leading non-bank financial services company providing mortgage servicing and originations solutions. The Senior Vice President (SVP), Capital Markets & Margin Management, will oversee capital markets execution, margin management, pricing, hedging, and secondary market operations, focusing on collaboration across various teams to drive business growth and profitability.
Responsibilities:
- Lead all capital markets execution related to loan sales, securitizations, best execution analysis, and investor allocation strategies
- Develop and manage whole loan and bulk execution strategies across agency and non-agency channels, ensuring optimal pricing and liquidity
- Maintain strong relationships with investors, aggregators, dealers, and counterparties to support competitive execution and capacity
- Monitor market conditions and proactively adjust execution strategies in response to interest rate, volatility, and liquidity changes
- Own enterprise margin management, ensuring alignment between pricing strategy, hedging effectiveness, execution outcomes, and financial performance
- Ensure we are margining appropriately, working with the Data Science Analytics and Sales leadership teams to target the desired buy box
- Partner with Production, Sales, and Finance to balance competitive pricing, growth objectives, and profitability targets
- Oversee primary-secondary pricing spread analysis and ensure disciplined margin governance across channels and products
- Establish clear margin reporting, analytics, and performance metrics for executive leadership
- Direct hedging strategy for the loan pipeline and mortgage inventory, including oversight of models, assumptions, and trade execution
- Ensure robust controls around hedge effectiveness, exposure monitoring, and position limits
- Partner with Finance, Risk, and Treasury to align hedging practices with accounting, liquidity, and risk management frameworks
- Support governance and reporting for senior management, including market risk exposure and performance trends
- Provide executive oversight of secondary marketing operations, ensuring scalable, compliant, and efficient processes
- Drive enhancements to capital markets analytics, reporting, and technology platforms
- Ensure alignment between lock desk, secondary operations, hedging, and investor delivery functions
- Own transaction management both agency and non-agency including negotiating MLPAs
- Serve as a key advisor to the EVP, Chief Investment Officer and executive leadership on market conditions, risk posture, and profitability drivers
- Build, lead, and mentor a high-performing capital markets and margin management team
- Partner cross-functionally with Production, Finance, Treasury, Risk, Legal, and Compliance to support enterprise objectives
- Support board-level and senior executive reporting as required
Requirements:
- A bachelor's degree is required
- A minimum of 15 years in the mortgage industry, with at least 8 years in capital markets
- Experience with GNMA, Agency TBA (buy/sell sides), Non-Agency private placements, RMBS markets
- Advanced proficiency in Microsoft Excel
- At least 8 years of experience in analyzing, trading, and managing securitization products
- Custom/specification trading expertise, preferably with exposure to MBS derivatives and Mortgage Servicing Rights
- Proven capability in addressing complex technical, administrative, and managerial challenges
- Exceptional analytical and critical thinking abilities
- Outstanding interpersonal skills, with a demonstrated capacity to communicate complex information clearly
- Advanced decision-making skills, with the ability to assess both short-term and long-term implications of pricing and market dynamics
- Strong problem-solving aptitude, including experience developing solutions for non-standard issues
- Self-motivated, with a demonstrated ability to operate independently
- Established track record of multi-tasking and meeting deadlines in high-pressure, rapidly changing environments
- History of cultivating strong relationships across various leadership functions, facilitating effective influence and organizational change
- Excellent written and verbal communication skills
- Ability to collaborate with all levels of management to ensure timely execution of initiatives and to identify areas for improvement
- Skilled in facilitating meetings, preparing management reports, and conducting both micro- and macro-level data analysis
- Capable of leading multiple departments and teams; committed to delivering prompt, constructive feedback and fostering employee development through challenging growth opportunities
- Strong relationship management skills, confidently engaging with internal and external stakeholders and influencing individuals at all organizational levels—including senior executives—to drive results
- Must pass the Company's Background Screening process prior to beginning employment
- As a condition of employment, you may be required to pass client-specific background check requirements or Federal/State licensing requirements, if applicable
- An MBA is strongly preferred
