Pricing Analyst

Western Alliance Bank; United States; On-site; USD 65,000 - 90,000; Full time

Benefits offered by this job

Competitive salary

Ownership stake in the company

Medical and dental insurance

401k matching

Tuition assistance program

Employee volunteer program

Wellness program

Job summary

AmeriHome Mortgage, a Western Alliance Bank company, seeks a Pricing Analyst in California to monitor loan pricing, support the Capital Markets Trading Desk, and ensure adherence to pricing policies and procedures. You will analyze market data, implement price changes, and respond to inquiries promptly.

The role involves day-to-day lock desk duties, post-trade pricing adjustments, and collaboration with internal and external teams to optimize pricing and revenue.

Qualifications

• Bachelor's degree required.
• Entry level knowledge of residential mortgage industry in Correspondent or Retail Lending.
• Entry level knowledge of applicable regulatory and legal compliance obligations.
• Intermediate experience with SQL, Excel, including ability to summarize data via formulas, lookups, Pivot Tables, etc.
• Intermediate speaking and writing communication skills.

Responsibilities

• Participate in day to day Lock Desk responsibilities.
• Monitor and perform loan level pricing activities for the Correspondent and Retail Divisions.
• Make post-trade adjustments including pricing updates, rolls, pair-offs, extensions, and substitutions.
• Update, validate, and disseminate daily Best-Efforts pricing.
• Perform competitiveness analysis and recommend updates to Best Efforts pricing to maximize company volume and revenue.
• Work with internal and external groups such as client sellers, vendors, product and pricing engines.

Skills

SQL

Excel

Pivot Tables

Communication

Education

Bachelor's degree in related field

Job description

Job Title

Pricing Analyst

Location

CA - Westlake Village

What you'll do

You will be working with clients to ensure that loans adhere to the Amerihome Seller Guide and Lock Policy and Procedures. You will monitor the loans are priced accurately and communicate price changes as needed for attribute changes, extensions, relocks and renegotiations. You will support the Capital Markets Trading Desk and clients to ensure successful fulfilment of trades including and not limited to performing pairoffs, substitutions, and reinstatements. You will gather and analyze competitive market information to make recommendations on pricing and margins. You will participate with loan program rollouts and ratesheet maintenance. You will be responsible for responding to all email and phone inquiries within acceptable service level turn times.

• Participate in day to day Lock Desk responsibilities
• Monitor and perform loan level pricing activities for the Correspondent and Retail Divisions
• Make post-trade adjustments including pricing updates, rolls, pair-offs, extensions, and substitutions
• Update, validate, and disseminate daily Best-Efforts pricing
• Perform competitiveness analysis and recommend updates to Best Efforts pricing to maximize company volume and revenue
• Work with internal and external groups such as client sellers, vendors, product and pricing engines.

What you'll need

• Bachelor's degree in related field required.
• Entry level knowledge of residential mortgage industry in Correspondent or Retail Lending including; sales, operations, capital markets and/or other residential mortgage products and services.
• Entry level knowledge of applicable regulatory and legal compliance obligations, rules and regulations, industry standards and practices.
• Intermediate experience with SQL, Excel, including ability to summarize data via formulas, lookups, Pivot Tables, etc.
• Intermediate speaking and writing communication skills.

Benefits you'll love

We offer all the important things you'd want — like competitive salaries, an ownership stake in the company, medical and dental insurance, time off, a great 401k matching program, tuition assistance program, an employee volunteer program, and a wellness program. In addition, you'll have the opportunity to bolster your business knowledge, learning the ins and outs of how successful companies operate and manage their finances, giving you invaluable hands‑on experience to help grow your career!

About the company

AmeriHome Mortgage is a Western Alliance Bank company. Western Alliance Bank, Member FDIC, is a wholly owned subsidiary of Western Alliance Bancorporation. Serving clients nationwide, Western Alliance Bank includes six legacy bank brands — Alliance Association Bank, Alliance Bank of Arizona, Bank of Nevada, Bridge Bank, First Independent Bank and Torrey Pines Bank — that remain part of the company’s heritage.

Western Alliance Bancorporation is committed to equal employment and will consider all qualified applicants without regard to race, sex, color, religion, age, nation origin, marital status, disability, protected veteran status, sexual orientation, gender identity or genetic information. Western Alliance Bancorporation is committed to working with and providing reasonable accommodations for individuals with disabilities. If you are an individual with a disability and require a reasonable accommodation to complete any part of the application process and/or need an alternative method of applying, please email [e-mail] or call 602-386-2488. When contacting us, please provide your contact information and state the nature of your accessibility issue. We will only respond to inquiries concerning requests that involve a reasonable accommodation in the application process.

© Western Alliance Bancorporation