Mortgage Secondary Market Pricing & Hedging Analyst

Veridian Credit Union

Waterloo, Northern (IA, KY)

Hybrid

USD 85,000 - 110,000

Full time

4 days ago

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Benefits offered by this job

Competitive salary & benefits

Medical, dental & vision insurance

401(k) and profit-sharing plans

Yearly incentive program

Job summary

Veridian Credit Union in Waterloo, IA, seeks a Secondary Market Financial Analyst to manage the mortgage pricing, rate locks, and pipeline risk with a focus on hedging and investor commitments. The role analyzes market activity and profitability, maintains reporting, and supports whole loan and participation transactions, delivering insights to Finance and Mortgage leadership.

The analyst will oversee daily rate lock processing, pricing adjustments, and hedge strategies, ensuring accurate data

Qualifications

Bachelor’s degree in finance, accounting, economics.
3+ years experience utilizing Microsoft Excel for advanced financial analysis, reporting, modeling, forecasting, or similar analytical activities.

Responsibilities

Oversee day-to-day residential mortgage pipeline and lock desk workflow from rate lock through secondary market sale.
Verify rate lock information, pricing, loan-level adjustments, investor selection, and related data in loan systems.
Administer daily mortgage rates and repricing activities in product and pricing systems with approved inputs.
Monitor mortgage pipeline exposure, hedge coverage, and risk measures; identify risks and gaps; recommend adjustments.
Execute pipeline hedging and investor commitment activities per policies and limits.
Analyze secondary market execution, hedge performance, and gain-on-sale margins; provide recommendations to Finance leadership.