Secondary Markets Analyst

This is a fully remote position, open to applicants in Minnesota.

📋 Description

• Oversee the structuring, pricing, execution, and settlement of Home Equity Conversion Mortgage-Backed Securities (HMBS) pools.

• Generate regular and on-demand reports regarding pool sales, loan inventory, channel margins, historical performance, and analytics at both loan and portfolio levels.

• Handle daily loan bidding, pricing, lock confirmations, and communication with counterparties.

• Cultivate a deep understanding of the mortgage banking sector, from mortgage origination to asset sale.

• Execute trades in alignment with investor guidelines, while optimizing execution to support liquidity and profitability objectives.

• Observe the daily secondary market pipeline to evaluate and minimize interest rate and market exposure.

• Utilize financial models to structure and evaluate HMBS pools and implement pricing strategies based on market conditions, investor demand, and internal capital requirements.

• Collaborate on HMBS pool setup, trading delivery, and settlement with treasury, accounting, operations, and other internal stakeholders.

• Develop and sustain SQL queries, Python scripts, Power Automate flows, and various other automated processes.

• Distribute and maintain pricing grids for internal and external stakeholders.

• Track trends in the mortgage market.

• Execute additional duties as assigned.

• Report directly to the Director of Secondary Markets.

⛳️ Requirements

• A minimum of 4 years of experience in mortgage banking or a relevant financial services field.

• Proficiency in the MS Office Suite, with a strong emphasis on Excel.

• Programming experience in SQL, Python, or VBA.

• Strong mathematical skills.

• Proven ability to consistently exhibit a high level of attention to detail.

• Excellent written and verbal communication abilities.

• Strong analytical thinking, problem-solving, and critical thinking skills.

• Outstanding time management and organizational capabilities.

• Dedication to personal development and eagerness to expand skill sets.

• Bachelor's Degree in Finance, Economics, or Mathematics.

• A Master's Degree is preferred.

• CFA certification is preferred.

🏝️ Benefits

• Health insurance

• Dental insurance

• Vision insurance

• Life insurance

• Paid time-off benefits

• Flexible spending account

• 401(k) with employer match

• Employee Stock Purchase Plan (ESPP)