Managing Director - Securities Trading
Berkadia
| Company | Berkadia |
| Category | Finance |
| Location | Ambler |
| Remote | On-site (inferred) |
| Employment | Not stated |
| Level | Director |
| Salary | Not stated by the employer |
| Posted | 16 Jul 2026 |
| Last verified | 7 Aug 2026 |
| Source | Employer ATS (greenhouse) |
Description
Are you looking for the opportunity to make an impact?
Berkadia’s mortgage banking platform is consistently ranked among Fannie Mae, Freddie Mac and HUD’s top lenders and is seamlessly integrated with our investment sales and servicing platforms to provide superior client service. Let the strongest research, technology, capital relationships, and a nationwide network of industry professionals propel you to the next stage of your commercial real estate career. Be Backed by the Best. Be Berkadia.
The Managing Director – Securities Trading is responsible for leading Berkadia's securities trading and Agency capital markets activities, including loan pricing, securities trading, market analytics, counterparty management, and execution support. The role partners closely with senior leadership to optimize profitability, execution quality, and production flow across Berkadia's Agency lending platforms. The Managing Director serves as a senior resource to mortgage banking, underwriting, and capital markets teams by providing market expertise, execution guidance, and analytical support while helping manage key investor, dealer, and Agency relationships.
We Innovate to shape the future of CRE, so in this role you will:
Trading & Capital Markets Execution
Lead the day-to-day operations of the trading desk, including supervision of trading personnel, prioritization of workflow, and oversight of pricing, execution, reporting, and profitability management activities
Lead day-to-day trading desk activities supporting Berkadia’s Agency lending platforms
Assist with management of pricing strategy, profitability monitoring, and execution performance across Fannie Mae, Freddie Mac, and Ginnie Mae transactions
Monitor market conditions, MBS spreads, and investor pricing to identify execution opportunities and risks
Manage relationships with broker-dealers, investors, and trading counterparties
Seek out and arrange for the onboarding of new counterparties and capital sources
Assist in managing counterparty exposure and concentration limits
Resolve investor, dealer, and trade-related inquiries in a timely manner
Utilize expertise in Agency CMBS trading, securitization, and mortgage markets to improve execution outcomes
Support MBS settlement processes and resolution of trade-related operational issues
Directly manage and develop vice presidents, assistant vice presidents, analysts, and other trading desk personnel
GSE Execution Support
Partner with Capital Markets and GSE leadership to support execution strategies across Agency platforms.
Assist in coordinating production flow, pricing requests, and execution priorities.
Monitor pricing performance and profitability trends across Agency executions.
Support management of pricing guardrails and execution standards.
Provide market insight and recommendations regarding product selection, execution alternatives, and competitive positioning.
Maintain strong working relationships with trading, capital markets, and production personnel at Fannie Mae, Freddie Mac, and Ginnie Mae.
Market Intelligence & Business Support
Produce market commentary regarding interest rates, Agency spreads, and broader capital markets developments.
Oversee creation and distribution of Agency Multifamily Rate Sheets.
Present market updates and economic commentary to mortgage banking and underwriting teams.
Assist in development and maintenance of reporting, business intelligence, and Power BI dashboards.
Identify and im