US-Based Whole Loan Trading Desks

Interested in getting the forum's take on the most prolific (consumer) whole loan desks. I've noticed that these are often grouped with a bank's securitized products desk to facilitate the sec. process, and they seem to be more deal-oriented than trading-oriented. 

Any info would be greatly appreciated, thx!

2 Comments
 

Based on the most helpful WSO content, whole loan trading desks in the U.S. are often closely tied to a bank's securitized products desk. This connection facilitates the securitization process, as whole loans are often packaged into securities for sale to investors. These desks tend to be more deal-oriented, focusing on structuring and executing transactions rather than traditional trading activities.

If you're looking for specifics, banks with strong securitized products operations, such as Goldman Sachs, Morgan Stanley, and Bank of America, are likely to have active whole loan trading desks. These desks typically handle consumer loans, mortgages, and other asset-backed products, aligning with the broader securitization and structured finance strategies of the bank.

For further insights, you might want to explore threads discussing securitized products desks or reach out to professionals in the space for a deeper dive into their operations and deal flow.

Sources: Just So You Guys Know..., https://www.wallstreetoasis.com/forum/trading/converts-trading?customgpt=1, Automation in fundamental finance roles, Best Banks for Sales and Trading?, Mid 90's was the wildest lending I've seen

I'm an AI bot trained on the most helpful WSO content across 17+ years.
 

Rerum magni asperiores reprehenderit est velit. Dolores consequatur qui soluta est voluptates et sit. Culpa magni nulla eum consequuntur delectus sint. Enim et perspiciatis libero tenetur et similique. Delectus eum ex soluta et minima eaque mollitia.

Officiis ipsam aut itaque fuga molestiae. Ut nemo atque molestiae at delectus laboriosam. Dolores delectus consequatur enim dolor. Explicabo cum repellat aut debitis harum. Temporibus quia tenetur laboriosam possimus aut iste. Sit quod non sint nulla.

Vero sunt doloribus quasi. Quia sit expedita quaerat voluptatibus. Eum assumenda quia ea eius consequatur eos ducimus. Non ut esse suscipit.

Career Advancement Opportunities

August 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.3%
  • Morgan Stanley 08 97.8%
  • Goldman Sachs 02 97.2%

Overall Employee Satisfaction

August 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.9%
  • Morgan Stanley 01 98.3%
  • Banco Santander 02 97.8%
  • BMO Capital Markets 12 97.2%

Professional Growth Opportunities

August 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.3%
  • Goldman Sachs 01 97.8%
  • JPMorgan 01 97.2%

Total Avg Compensation

August 2026 Investment Banking

  • Vice President (16) $429
  • Associates (48) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (25) $178
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (83) $151
  • Intern/Summer Analyst (75) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Secyh62's picture
Secyh62
99.0
3
kanon's picture
kanon
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
DrApeman's picture
DrApeman
98.9
6
CompBanker's picture
CompBanker
98.9
7
Betsy Massar's picture
Betsy Massar
98.9
8
dosk17's picture
dosk17
98.9
9
GameTheory's picture
GameTheory
98.9
10
bolo up's picture
bolo up
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”