The Capital Markets Summer Internship offers students a unique opportunity to gain hands-on experience in the financial services industry, specifically within the capital markets sector. The Capital Markets team will provide students an understanding of capital markets operations, including trading, investment analysis, risk management, and financial instruments. The Capital Markets team is made up of five main areas: Trading, Pricing, Pooling & Delivery, Lock Desk, and Warehouse.

TRADING

The Trading Team at UWM is focused on executing efficient trading strategies that maximize liquidity and enhance the company's competitive position in the mortgage market.

 

WHAT YOU WILL BE DOING:

• Gain Exposure to the daily trading and hedging process through access to Bloomberg.
• Manage daily reconciliation and margin movements with trading counterparties.
• Analyze trade performance and create reporting to present this data to the team and senior leadership.
• Work on ad-hoc projects as they arise to support trading and the broader Capital Markets teams.

 

PRICING

The Pricing Team at UWM specializes in developing and implementing pricing strategies that optimize market opportunities and drive profitability for our mortgage products.

 

WHAT YOU WILL BE DOING:

• Run daily Best Execution analyses.
• Generate weekly investor price comparisons.
• Write our weekly Market Watch UZone articles.
• Collaborate with Marketing team to redesign Market Watch.
• Process Change of Circumstance requests for Non-Agency Pipeline team.
• Complete ad-hoc reporting requests.
• Participate in huddles and team activities.

 

POOLING & DELIVERY

The Pooling & Delivery Team at UWM ensures the accurate and timely securitization of mortgage loans, optimizing cash flow and enhancing portfolio performance.

 

WHAT YOU WILL BE DOING:

• Working with JPM to fund our GNMA pools.
• Building pools in QRM and tying out the data prior to funding.
• Daily excel reports for pipeline volume and best execution.

 

LOCK DESK

The Lock Desk Capital Markets Team at UWM efficiently manages interest rate locks, ensuring optimal pricing and risk management for our mortgage products.

 

WHAT YOU WILL BE DOING:

• Assist in processing and monitoring interest rate lock requests to ensure accuracy and compliance with company policies.
• Collaborate with team members to analyze market trends and pricing strategies.

• Support the preparation of reports and documentation related to locked loans and market conditions.
• Help maintain and update the lock desk database and ensure timely communication with internal and external stakeholders.

 

WAREHOUSE

The Warehouse Team at UWM specializes in managing and providing short-term financing solutions that support the liquidity needs of our mortgage lending operations.

 

WHAT YOU WILL BE DOING:

• Reconcile daily Bank files for financial reporting.
• Execute on an Audit project to ensure all Banking access is accurate and precise.
• Work with 10 different Warehouse banks to learn daily disbursements and settlements.
• Accordant an audit review of all job process guides.
• Collaborate on initiatives with the finance and treasury teams.

 

• Graduating with a bachelor’s degree in 2025 or 2026 (current junior/senior status)
• The ability to work Monday thru Friday, 40-hours a week, fully on-site in Pontiac, MI from the end of May to mid-August
• Excellent written and verbal communication skills
• Strong analytical skills and attention to detail 
• Proficiency in Microsoft Excel; experience with financial modeling is a bonus but not needed
• Ability to thrive in a team environment
• A strong work ethic

Ready to join thousands of talented team members who are making the dream of home ownership possible for more Americans? It’s all happening on UWM’s campus, where our award-winning workplace packs plenty of perks and amenities that keep the atmosphere buzzing with energy and excitement.

 

It’s no wonder that out of our six pillars, People Are Our Greatest Asset is number one. It’s at the very heart of how we treat each other, our clients and our community. Whether it’s providing elite client service or continuously striving to improve, our pillars provide a pathway to a more successful personal and professional life.

 

From the team member that holds a door open to the one that helps guide your career, you’ll feel the encouragement and support on day one. No matter your race, creed, gender, age, sexual orientation and ethnicity, you’ll be welcomed here. Accepted here. And empowered to Be You Here.

 

More reasons you’ll love working here include:

• Paid training and career development
• Medical, dental, vision and life insurance
• 401k with employer match
• Mortgage discount and area business discounts
• Free membership to our large, state-of-the-art fitness center, including exercise classes such as yoga and Zumba, various sports leagues and a full-size basketball court
• Wellness area, including an in-house primary-care physician’s office, full-time massage therapist and hair salon 
• Gourmet cafeteria featuring homemade breakfast and lunch
• Convenience store featuring healthy grab-and-go snacks
• In-house Starbucks and Dunkin
• Indoor/outdoor café with Wi-Fi

All the above duties and responsibilities are essential job functions subject to reasonable accommodation and change. All job requirements listed indicate the minimum level of knowledge, skills and/or ability deemed necessary to perform the job proficiently. Team members may be required to perform other or different job-related duties as requested by their team lead, subject to reasonable accommodation. This document does not create an employment contract, implied or otherwise. Employment with UWM is "at-will." UWM is an Equal Opportunity Employer. By selecting “Apply for this job online” you provide consent to UWM to record phone call conversations between you and UWM to be used for quality control purposes.