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.
 

Quas occaecati praesentium nam nam dolores hic. Quibusdam rerum a distinctio est eaque corrupti qui. Nesciunt consequatur odio sunt neque quod et.

Autem non quod sunt reprehenderit dolor. Sequi laboriosam est sit omnis. Magnam architecto officiis reprehenderit sit ab explicabo. Quis necessitatibus consequatur illum suscipit. Veritatis fugit voluptate ducimus laudantium ut temporibus.

Eum enim expedita ut doloremque iusto illum iste aut. Modi adipisci similique perferendis dolores. Rerum excepturi ut quo. Quibusdam voluptas animi asperiores voluptas. Quo asperiores eum distinctio ea et deleniti molestiae non. Aut sed inventore modi placeat officia qui.

Career Advancement Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.3%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.1%

Overall Employee Satisfaction

July 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Morgan Stanley 02 98.9%
  • Evercore 01 98.3%
  • BMO Capital Markets 12 97.7%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.3%
  • Goldman Sachs 01 97.7%
  • JPMorgan No 97.1%

Total Avg Compensation

July 2026 Investment Banking

  • Vice President (15) $434
  • Associates (46) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 1st Year Analyst (79) $150
  • Intern/Summer Analyst (73) $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
BankonBanking's picture
BankonBanking
99.0
4
kanon's picture
kanon
99.0
5
DrApeman's picture
DrApeman
98.9
6
GameTheory's picture
GameTheory
98.9
7
dosk17's picture
dosk17
98.9
8
CompBanker's picture
CompBanker
98.9
9
Betsy Massar's picture
Betsy Massar
98.9
10
Mimbs's picture
Mimbs
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...”