Hedging & Pricing Analyst (Secondary Lock Desk)

Universal Lending; 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 lock desk operations. This dynamic role involves managing pricing models, executing loan sales in the secondary market, and analyzing competitor trends to refine pricing strategies. The ideal candidate will possess strong financial modeling skills and experience with mortgage pricing engines. Join a collaborative team that values diversity and inclusion, and contribute to a culture aimed at helping people achieve their dreams. This position offers a competitive salary and a comprehensive benefits package, making it an exciting opportunity for professionals in the field.

Benefits

Medical Insurance

Dental Insurance

Vision Insurance

Collaborative Culture

Qualifications

• 2-5+ years of experience in mortgage pricing and secondary markets.
• Proficiency in financial modeling and data analysis.

Responsibilities

• Manage lock desk operations and mortgage pricing models.
• Execute mortgage loan sales and audit hedge models.

Skills

Mortgage Pricing

Risk Management

Financial Modeling

Data Analysis

Market Analysis

Education

Bachelor’s degree in Finance

Bachelor’s degree in Economics

Bachelor’s degree in Mathematics

Tools

Optimal Blue

Excel

SQL

Encompass

Job description

Hedging & Pricing Analyst (Secondary Lock Desk)

FLSA Status: Non-Exempt

Job Location: Remote - CO

Position Summary

A Hedging & Pricing Analyst is responsible for managing mortgage loan pricing and loan locks, Optimal Blue configuration, ensuring hedge model data accuracy, developing secondary and post-closing reports, and backing up the EVP of Capital Markets on loan sales and hedging activities.

This role requires experience in capital markets, risk management, and financial modeling to ensure competitive mortgage pricing and efficient secondary market execution.

Specific Job Duties

Mortgage Pricing & Analysis

• Manage lock desk operations, update and import rates into Optimal Blue, configure and automate lock processes, and develop/maintain pricing models for mortgage products to ensure profitability and competitiveness.

Mortgage Trading & Secondary Market Execution

• Execute mortgage loan sales in the secondary market.
• Audit hedge models for data accuracy.
• Analyze loan sale execution and hedge interest rate risk using financial instruments such as TBAs.

Market & Competitor Analysis

• Monitor competitor mortgage rates and lending trends to refine pricing strategies.
• Conduct profitability analyses on loan sales and securitization structures.
• Provide data-driven insights and recommendations to senior management.

Reporting and Analytics

Develop and maintain reports and analytics related to loan sales and post-closing activities.

Managerial Responsibility

This position does not supervise other employees.

Position Qualifications

Education & Experience

• Bachelor’s degree preferred in Finance, Economics, Mathematics, or a related field.
• 2-5+ years of experience in mortgage pricing and secondary markets.
• Experience with loan sales and hedging is preferred.

Technical Skills

• Proficiency in Excel, SQL, and financial modeling.
• Experience with mortgage pricing engines like Optimal Blue, Encompass, or proprietary systems.
• Knowledge of trading platforms and hedging strategies.

Compensation

• The salary range is $70,000 - $90,000, paid bi-weekly.

Physical & Work Environment

• Requires physical ability to bend, lift 1-15 pounds, reach, see, stand, sit, walk, hear, type, and talk.
• Work is primarily in an office setting with low to moderate noise levels.

Additional Information

Universal Lending Corporation values diversity and inclusion, offering a comprehensive benefits package including Medical, Dental, and Vision insurance. We foster a collaborative culture aimed at helping people achieve their dreams.