Description

The assistant vice president (AVP) for Secondary Marketing oversees the secondary market's activities, which include the trading and hedging of mortgage-backed securities. They devise and implement strategies to maximize the profitability of their business and reduce the risk of interest rates. The AVP works with teams within the company and external partners to ensure the smooth operation of operations and compliance with the regulations. They study market trends and make suggestions to the senior management. An undergraduate degree in finance, or another related area is usually required as well as several years ' experience working in secondary marketing as well as excellent leadership abilities.

Roles & Responsibilities

As an Assistant Vice President AVP of Secondary Marketing in India with 3-6 years of experience, your main responsibilities include:

  • Oversee the execution of secondary marketing strategies and initiatives to optimize loan sales and profitability. You will be responsible for managing and implementing various strategies and initiatives related to secondary marketing activities. Your goal is to maximize loan sales and profitability for the organization.
  • Monitor and analyze market conditions to support pricing decisions and risk management. You will closely monitor and assess market conditions, including interest rates and competitor activities. Based on your analysis, you will provide recommendations for pricing decisions and risk mitigation strategies.
  • Collaborate with internal teams, such as sales, underwriting, and operations, to ensure seamless execution of secondary marketing activities. You will work closely with cross-functional teams within the organization to ensure effective coordination and execution of secondary marketing activities. This involves regular communication, analysis, and troubleshooting to address any operational challenges.
  • Develop and maintain relationships with investors, brokers, and other external stakeholders.

Qualifications & Work Experience

For an Assistant Vice President (AVP) of Secondary Marketing job role, the following qualifications are required:

  • Proven expertise in secondary marketing operations, including experience in managing mortgage pipeline risk, hedging, pricing, and loan sales.
  • In-depth knowledge of financial markets, interest rates, and mortgage-backed securities to make informed decisions regarding risk management and pricing strategies.
  • Strong analytical and problem-solving skills to analyze market trends and optimize secondary marketing strategies, maximizing profitability and reducing risk.
  • Excellent leadership and team management abilities to lead a team of secondary marketing professionals, providing guidance, training, and development opportunities to achieve departmental objectives.

Essential Skills For Assistant Vice President (AVP) of Secondary Marketing

1

Market Analytics

2

Marketing Strategy

3

Leadership Management

4

Marketing Management

Career Prospects

The role of Assistant Vice President AVP of Secondary Marketing in India is a valuable position for professionals with 3-6 years of experience. If you're considering alternative roles within a similar domain, here are four options to explore:

  • Operations Manager: A role that oversees and optimizes operational processes, ensuring efficiency and effectiveness.
  • Risk Analyst: A position focused on assessing and managing potential risks, implementing strategies to mitigate financial risks within the organization.
  • Business Development Manager: A role that involves identifying and pursuing new business opportunities, creating partnerships, and driving growth within the market.
  • Portfolio Manager: A position responsible for managing investment portfolios, analyzing market trends, and making strategic investment decisions to maximize returns.

How to Learn

The role of Assistant Vice President (AVP) of Secondary Marketing in India is projected to experience significant growth in the market. Through a 10-year analysis, the job role has shown consistent expansion and is expected to continue its upward trajectory. With the evolving financial landscape, the demand for professionals in this field is expected to rise. As a result, there will be a substantial number of employment opportunities available in the future. This growth can be attributed to factors such as the increasing complexity of financial markets, rising demand for mortgage products, and the need for strategic insights in managing secondary market operations.