Hedging & Pricing Analyst (Secondary Lock Desk)
Remote
Full Time
Experienced
Position Job Title: 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, ensure hedge model data accuracy, Secondary and Post Closing report development, as well as back up the EVP of Capital markets on loan sales and hedging. 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:
1. Mortgage Pricing & Analysis:
Managerial Responsibility:
This position does not supervise other employees.
Position Qualifications
Education & Experience:
Physical Requirements
Requires the ability to bend, lift 1-15 pounds, reach, see, stand, sit, walk, hear, type and talk. The primary work location is an office setting with low to moderate noise level.
The above statements are intended to describe the general nature and level of work being performed by people assigned to this job. They are not intended to be an exhaustive list of all responsibilities, duties, and skills required. Universal Lending Corporation retains the discretion to add or change job duties at any time.
Why Work for Universal Lending Corporation
Universal Lending Corporation was founded nearly 40 years ago on the principle that our customers deserve individual and specialized attention throughout the mortgage process. We offer an inclusive, diverse, and collaborative culture where people from all backgrounds can thrive. At Universal Lending Corporation you can work with other passionate, purposeful, and customer-centric people all sharing the same goal of helping people achieve their dreams. Universal Lending Corporation offers an aggressive compensation package based on experience and skill, including a comprehensive benefits package inclusive of Medical, Dental, and Vision.
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, ensure hedge model data accuracy, Secondary and Post Closing report development, as well as back up the EVP of Capital markets on loan sales and hedging. 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:
1. Mortgage Pricing & Analysis:
- Lock desk management
- Update and import rates into Optimal Blue
- Configure and automate lock process using Optimal Blue
- Develop and maintain pricing models for mortgage products, ensuring profitability and market competitiveness.
- Price forwards
- Execute mortgage loan sales in the secondary market.
- Audit hedge models for data accuracy
- Loan sale execution analysis
- Hedge interest rate risk using financial instruments such as TBAs.
- Track competitor mortgage rates and lending trends to refine pricing strategies.
- Conduct profitability analysis on loan sales and securitization structures.
- Provide data-driven insights and recommendations to senior management.
- Develop and maintain Loan sale, pull through, reporting and analytics
- Support Post closing with report and analytics development
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 preferred.
- 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.
Base Salary: The compensation for this position is between $70,000 - $90,000. Base Salary is paid bi-weekly, every other Friday.
The physical demands described below are representative of those that must be met by an employee to successfully perform the essential functions of this job. Similarly, the work environment characteristics described are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.Physical Requirements
Requires the ability to bend, lift 1-15 pounds, reach, see, stand, sit, walk, hear, type and talk. The primary work location is an office setting with low to moderate noise level.
The above statements are intended to describe the general nature and level of work being performed by people assigned to this job. They are not intended to be an exhaustive list of all responsibilities, duties, and skills required. Universal Lending Corporation retains the discretion to add or change job duties at any time.
Why Work for Universal Lending Corporation
Universal Lending Corporation was founded nearly 40 years ago on the principle that our customers deserve individual and specialized attention throughout the mortgage process. We offer an inclusive, diverse, and collaborative culture where people from all backgrounds can thrive. At Universal Lending Corporation you can work with other passionate, purposeful, and customer-centric people all sharing the same goal of helping people achieve their dreams. Universal Lending Corporation offers an aggressive compensation package based on experience and skill, including a comprehensive benefits package inclusive of Medical, Dental, and Vision.
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