Capital Markets Finance, Senior Manager

CAPITAL CENTER LLC•Glen Allen, VA

About The Position

At CapCenter, we help individuals and families achieve one of life’s most meaningful milestones—homeownership—while building careers that are just as rewarding. By bringing buying, selling, and home financing together in one place, we create a smarter, more human experience for our clients and a collaborative, high-impact environment for our team. Our mission is rooted in protecting our clients during life’s biggest decisions and making those moments more affordable, transparent, and empowering. The Capital Markets Finance Senior Manager owns the financial backbone of CapCenter's secondary marketing activity. The role is a finance role first — it builds and owns the gain-on-sale model, the hedge effectiveness analysis, the MSR valuation methodology, the secondary marketing P&L, and the financial planning that turns capital markets activity into board-grade reporting and forward-looking forecasts. It partners closely with corporate accounting on close, audit, and disclosure, and with FP&A on planning and strategic analysis. This is a hands-on, build-it role. The right person is equally comfortable in a hedge attribution model, a board financial package, a monthly close working paper, and a conversation with the external auditor. Reports to the Head of Capital Markets and Finance.

Requirements

Bachelor's degree in Finance, Economics, Accounting, Mathematics, or related field; MBA, CFA, or CPA strongly preferred
7+ years in mortgage capital markets finance, secondary marketing analytics, or mortgage corporate finance, with at least 3 years in a senior or management capacity
Deep working knowledge of TBA / MBS markets, agency execution, gain-on-sale economics, and MSR valuation
Hands-on experience with at least one pricing / hedging platform (Optimal Blue, Polly, Compass Analytics, or comparable) — sufficient to interpret outputs and reconcile to financial results
Demonstrated ability to build and own production financial models — not just contribute to them
Strong working knowledge of derivative accounting (ASC 815) and MSR accounting (ASC 860 / 948); ability to operate as a credible counterpart to accounting and external audit
Experience producing financial reporting and forecasts that reach the executive team or board
Clear writer and communicator — able to translate hedge P&L, MSR economics, and secondary performance into concise financial narratives for leadership

Responsibilities

Own and maintain the gain-on-sale model — pricing assumptions, expected execution, hedge cost, fallout, MSR value, fee income, and direct loan costs
Produce hedge effectiveness analysis — coverage ratios, basis risk, P&L attribution, and slippage versus benchmarks; surface drivers in plain financial terms
Own MSR valuation methodology — assumption setting (prepayment, cost-to-service, ancillary income, default), model governance, quarterly mark, and reconciliation against third-party valuations
Build and maintain the retain-versus-release financial framework that supports each loan-level decision and tracks realized economics versus the model
Stress-test the pipeline, hedge book, and MSR portfolio against rate shocks, fallout shocks, and volume scenarios; quantify financial exposure for leadership
Produce the monthly capital markets financial reporting package: secondary marketing P&L, realized vs. locked margin, hedge P&L, MSR mark, secondary income by channel, and variance-to-plan with written commentary
Partner with corporate accounting on month-end and quarter-end close for loan sales, derivative mark-to-market, MSR mark, fair value measurements, and hedge accounting elections
Provide methodology documentation, source data, and analytical support for derivative accounting (ASC 815) and MSR accounting (ASC 860 / ASC 948)
Lead capital-markets-related external audit support — methodology memos, model documentation, sample selections, walkthroughs, and disclosure draft review
Author the board-level capital markets financial narrative each cycle; ensure related disclosures, KPIs, and footnote inputs are accurate, consistent, and decision-grade
Build the capital markets components of the annual budget, quarterly reforecasts, and long-range financial plan; defend the assumptions to leadership
Model forward-looking secondary marketing revenue and MSR economics under varying rate paths, volume scenarios, and product mix; integrate into corporate forecasts
Provide ad-hoc financial analysis for strategic decisions — pricing changes, lock policy, MSR sales, channel expansion, retain-vs-release strategy, and capital allocation
Partner with FP&A, Origination, and Servicing finance on margin sensitivity, runoff economics, product-level profitability, and cross-functional financial questions
Recommend and implement financial controls, model governance, reconciliation cadences, and process improvements across capital markets financial activity