Owns the pricing engine, product eligibility, rate locks, and secondary market execution, including automated best execution across agency cash and MBS, aggregators, and whole loan buyers. Builds pricing models, writes and ships code in the pricing engine, and works with the capital markets team on hedging and pipeline risk. Requires SQL and Python fluency.
About Pylon
America’s $13T mortgage market is one of the most important financial systems in the world. It underwrites the middle class and is the mechanism through which millions of families build wealth. But while every other financial instrument has been simplified to an API call, mortgages are still assembled by hand.
We started from zero and created the first vertically integrated mortgage platform that turns origination into a single API.
Publicly traded companies and the country’s largest originators are already building on Pylon. Revenue is compounding monthly. We’re backed by Peter Thiel, Conversion Capital, QED, Citi, Fifth Wall, and the founders of Ramp, Blend, and Mercury.
Working at Pylon isn’t for those seeking comfort. The people who thrive here have high agency, strong opinions, and a track record of delivering outcomes without direction. Many of us are former founders. We move quickly, challenge each other directly, and take full ownership of results. It’s hard work, but it will be worth it.
Join us in building America’s mortgage rails.
Pricing is where mortgage deals are won or lost. A few basis points can decide whether a borrower gets the loan and whether our customers win the business. Our goal is the best pricing in the market, and we want to approach it with the rigor of a top hedge fund, using data, models, and a constant read on what the market is doing.
We’re hiring a Lead PM to own Capital Markets and Pricing. You’ll own how loans get priced, locked, and sold, from the rate a borrower sees to how the loan is executed in the secondary market. Because Pylon is vertically integrated, we can cut out a lot of the manual work and margin leakage that traditional lenders just accept, and pass those savings on to borrowers.
You’ll also build products that set us apart. That means finding gaps in the market, designing loan programs for borrowers others underserve, and launching them with our capital partners.
We don’t expect you to be a capital markets expert on day 1. We’ll bet on people who are hungry and learn fast. Over time, though, you’ll need to become one of the people the whole company trusts on pricing and execution.
Must live in or be willing to relocate to Palo Alto (CA) or New York City.