Secondary Marketing Analyst

Found in: Resume Library US A2 - 2 weeks ago


Lisle Illinois, United States Fairway Independent Mortgage Corporation Full time
Job Posting:
At Fairway, we are committed to cultivating, fostering, and preserving a culture of diversity, equity, inclusion, and belonging. We do this with dialogue and advocacy through voluntary employee-led resource groups and corporate-sponsored events. We strive to attract, recruit, hire, develop, and retain the very best employees at all levels. Fairway is committed to embracing talent and supporting a culture of inclusivity, reflective of Fairway's Core Values. 

This is a remote opportunity. 

What you will do:

The Secondary Marketing Analyst position on the Hedging and Analytics Team will assist in managing the interest rate risk on Fairway’s mortgage pipeline.  The role includes quantitative modeling; conducting ad hoc market research; and generating analytics and reporting for Fairway’s management that cover items such as overall profitability, margins, and pricing.

Use internal pricing models to review and calculate pricing on a daily basis based on corporate profit margins and in accordance with internal policy

Provide pricing and transactional support for agency co-issue transactions, specified pools, including issuing Fannie, Freddie, and Ginnie securities

Provide pricing and transactional support for loan servicing, including servicing retained, servicing released and correspondent bulk sales

Configures Secondary Marketing systems including investor pricing valuations, investor eligibility, and risk adjustments

Develop pricing models/tools to conduct best execution analysis and optimization to maximize profitability

Develop and implement Secondary Marketing strategic initiatives and projects including Secondary Market product development

Analyzes pull through and configures Secondary Marketing systems appropriately

Support daily trading activities with enhanced analysis and documentation

Contribute to the process of model and technology improvement across various analytic and database tools for managing risk and operational processes and makes recommendations

Broker Dealer, Correspondent, and Vendor Relationship Management

Provides ad-hoc analysis and reporting

What we are looking for:

Proficiency in Microsoft Excel (formulas, pivot tables) and SQL Server Management Studio

Strong financial modeling and analytical skills with the ability to extract, collect, organize, analyze and interpret complex data sets are essential

Comfortable in a fast-paced, heavily quantitative work environment

Demonstrated experience with attention to detail, written and oral communication, multi-tasking, and working in a team atmosphere adhering to strict deadlines

Knowledge and understanding of pricing structures and interest rate risk management

VBA skills a plus

Bachelor’s Degree in Finance, Mathematics, Economics, Business Administration, Computer Science, Information Systems, or a closely related field – advanced degree, or progress toward CFA, FRM, or other financial designation a plus

1 year Secondary Marketing experience

Possess an aptitude for the mortgage industry and a keen understanding of the overall Capital Markets

Knowledge of quantitative techniques and good understanding of pricing models preferred

Demonstrated experience or has interest in MBS trading and pipeline hedging techniques

Fairway is an equal opportunity employer & is committed to equal treatment and opportunity in all aspects of recruitment, selection, and employment without regard to gender, race, religion, national origin, ethnicity, disability, gender identity/expression, sexual orientation, veteran or military status, or any other category protected under the law.

 

What Fairway can offer YOU 

Competitive compensation

Benefits include medical and dental insurance.

Life and Disability insurance

Matching 401k

Employee Stock Ownership Plan

Paid Time Off plus company-paid holidays

Employee discounts for wellness, pet insurance, auto and homeowner’s insurance, and MORE

#LNI-DNI



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