Capital Markets Operations Analyst
Western Alliance Bank, Westlake Village, CA, United States
Job Title
Capital Markets Operations Analyst
Location CA - Westlake Village
What You'll Do The Capital Markets Operations Analyst owns key post‑trade processes supporting mortgage‑backed securities (MBS), whole loan sales, and related hedging activity. This role is critical to ensuring accurate trade capture, pooling, settlement, and reconciliation while maintaining strong internal controls and regulatory compliance.
The analyst partners closely with Traders, Financial Engineering, Accounting, agency counterparts, dealer counterparties, and custodians to ensure timely and accurate execution across the full trade lifecycle, including the creation and delivery of GNMA, Fannie Mae, and Freddie Mac securities.
This role offers hands‑on exposure to securitization, agency execution, and capital markets risk within a large, bank‑owned mortgage platform.
Aggregate and pool eligible loans into GNMA, Fannie Mae, and Freddie Mac securities in accordance with agency guidelines
Own post‑trade processing for MBS, mortgage‑related derivatives (including TBAs, futures, and swaps), and whole loan transactions, including trade capture validation, position management, settlement, and reconciliation
Prepare, validate, and submit pool and delivery data to agencies and custodians
Maintain accurate loan and security position records and investigate data breaks, settlement fails, and other operational discrepancies across the trade lifecycle
Ensure compliance with SOX controls, documentation standards, and internal audit requirements
Partner with internal teams to resolve exceptions and improve operational processes
Support securitization data preparation by monitoring data quality, completeness, and lineage
Support margin/collateral processes as needed, including coordinating with counterparties and internal teams
What You’ll Need
3+ years of related experience.
Bachelor's degree in a related field required.
Entry‑level knowledge of residential mortgage industry in Correspondent or Retail Lending, including sales, operations, capital markets and/or other residential mortgage products and services.
Entry‑level knowledge of applicable regulatory and legal compliance obligations, rules and regulations, industry standards and practices.
SQL experience preferred.
Intermediate speaking and writing communication skills.
Benefits You’ll Love We offer all the important things you'd want — like competitive salaries, an ownership stake in the company, medical and dental insurance, time off, a great 401k matching program, tuition assistance program, an employee volunteer program, and a wellness program. In addition, you’ll have the opportunity to bolster your business knowledge, learning the ins and outs of how successful companies operate and manage their finances, giving you invaluable hands‑on experience to help grow your career!
Western Alliance Bancorporation is committed to equal employment and will consider all qualified applicants without regard to race, sex, color, religion, age, nation origin, marital status, disability, protected veteran status, sexual orientation, gender identity or genetic information. Western Alliance Bancorporation is committed to working with and providing reasonable accommodations for individuals with disabilities. If you are an individual with a disability and require a reasonable accommodation to complete any part of the application process and/or need an alternative method of applying, please email HR@westernalliancebank.com or call 602-386-2488. When contacting us, please provide your contact information and state the nature of your accessibility issue. We will only respond to inquiries concerning requests that involve a reasonable accommodation in the application process.
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Location CA - Westlake Village
What You'll Do The Capital Markets Operations Analyst owns key post‑trade processes supporting mortgage‑backed securities (MBS), whole loan sales, and related hedging activity. This role is critical to ensuring accurate trade capture, pooling, settlement, and reconciliation while maintaining strong internal controls and regulatory compliance.
The analyst partners closely with Traders, Financial Engineering, Accounting, agency counterparts, dealer counterparties, and custodians to ensure timely and accurate execution across the full trade lifecycle, including the creation and delivery of GNMA, Fannie Mae, and Freddie Mac securities.
This role offers hands‑on exposure to securitization, agency execution, and capital markets risk within a large, bank‑owned mortgage platform.
Aggregate and pool eligible loans into GNMA, Fannie Mae, and Freddie Mac securities in accordance with agency guidelines
Own post‑trade processing for MBS, mortgage‑related derivatives (including TBAs, futures, and swaps), and whole loan transactions, including trade capture validation, position management, settlement, and reconciliation
Prepare, validate, and submit pool and delivery data to agencies and custodians
Maintain accurate loan and security position records and investigate data breaks, settlement fails, and other operational discrepancies across the trade lifecycle
Ensure compliance with SOX controls, documentation standards, and internal audit requirements
Partner with internal teams to resolve exceptions and improve operational processes
Support securitization data preparation by monitoring data quality, completeness, and lineage
Support margin/collateral processes as needed, including coordinating with counterparties and internal teams
What You’ll Need
3+ years of related experience.
Bachelor's degree in a related field required.
Entry‑level knowledge of residential mortgage industry in Correspondent or Retail Lending, including sales, operations, capital markets and/or other residential mortgage products and services.
Entry‑level knowledge of applicable regulatory and legal compliance obligations, rules and regulations, industry standards and practices.
SQL experience preferred.
Intermediate speaking and writing communication skills.
Benefits You’ll Love We offer all the important things you'd want — like competitive salaries, an ownership stake in the company, medical and dental insurance, time off, a great 401k matching program, tuition assistance program, an employee volunteer program, and a wellness program. In addition, you’ll have the opportunity to bolster your business knowledge, learning the ins and outs of how successful companies operate and manage their finances, giving you invaluable hands‑on experience to help grow your career!
Western Alliance Bancorporation is committed to equal employment and will consider all qualified applicants without regard to race, sex, color, religion, age, nation origin, marital status, disability, protected veteran status, sexual orientation, gender identity or genetic information. Western Alliance Bancorporation is committed to working with and providing reasonable accommodations for individuals with disabilities. If you are an individual with a disability and require a reasonable accommodation to complete any part of the application process and/or need an alternative method of applying, please email HR@westernalliancebank.com or call 602-386-2488. When contacting us, please provide your contact information and state the nature of your accessibility issue. We will only respond to inquiries concerning requests that involve a reasonable accommodation in the application process.
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