Hedging & Pricing Analyst (Secondary Lock Desk)

Universal Lending Home Loans; Denver (CO); Remote; USD 70,000 - 90,000; Full time

Job summary

An established industry player is seeking a Hedging & Pricing Analyst to oversee mortgage loan pricing and manage lock desk operations. This role is crucial for ensuring competitive mortgage pricing and efficient secondary market execution. You will leverage your expertise in capital markets and risk management to support loan sales and hedging activities. The position offers a comprehensive benefits package and the flexibility of remote work, allowing you to thrive in a collaborative environment focused on helping customers achieve their homeownership dreams. If you are passionate about financial analysis and market strategy, this opportunity is perfect for you.

Benefits

Medical Insurance

Dental Insurance

Vision Insurance

Remote Work Flexibility

Qualifications

• 2-5+ years of experience in mortgage pricing and secondary markets.
• Proficient in Excel and SQL for data analysis and financial modeling.

Responsibilities

• Manage lock desk operations and develop pricing models for profitability.
• Execute loan sales and analyze loan sale data to hedge interest rate risk.

Skills

Mortgage Pricing

Financial Modeling

Risk Management

Data Analysis

Excel Proficiency

SQL Proficiency

Education

Bachelor’s degree in Finance

Bachelor’s degree in Economics

Bachelor’s degree in Mathematics

Tools

Optimal Blue

Encompass

Job description

Hedging & Pricing Analyst (Secondary Lock Desk)

Join to apply for the Hedging & Pricing Analyst (Secondary Lock Desk) role at Universal Lending Home Loans.

Position Overview

The Hedging & Pricing Analyst is responsible for managing mortgage loan pricing, loan locks, Optimal Blue configuration, hedge model data accuracy, and developing secondary and post-closing reports. The role also involves supporting loan sales and hedging activities, requiring experience in capital markets, risk management, and financial modeling to ensure competitive mortgage pricing and efficient secondary market execution.

Key Responsibilities

1. Mortgage Pricing & Analysis: Manage lock desk operations, update and import rates into Optimal Blue, configure and automate lock processes, and develop pricing models for profitability and competitiveness.
2. Mortgage Trading & Secondary Market Execution: Execute loan sales, audit hedge models, analyze loan sale data, and hedge interest rate risk using financial instruments like TBAs.
3. Market & Competitor Analysis: Monitor competitor mortgage rates, conduct profitability analyses, and provide insights and strategic recommendations to senior management.
4. Reporting & Analytics: Develop and maintain reports related to loan sales, profitability, and analytics to support decision-making.

Qualifications

• Bachelor’s degree in Finance, Economics, Mathematics, or related field (preferred).
• 2-5+ years of experience in mortgage pricing, secondary markets, loan sales, and hedging.
• Proficiency in Excel, SQL, financial modeling, and mortgage pricing systems like Optimal Blue or Encompass.

Compensation & Benefits

Salary range: $70,000 - $90,000 annually, paid bi-weekly. The role is remote, based in Colorado, with a comprehensive benefits package including medical, dental, and vision insurance.

Additional Details

This is a mid-senior level, full-time position within the Marketing and Sales function. The physical demands include typical office activities, and accommodations are available for individuals with disabilities.

Universal Lending Corporation values diversity and inclusion, fostering a collaborative environment aimed at helping customers achieve their homeownership dreams.