MSR Analyst

Rocket Companies • Detroit, MI

393d

About The Position

As an MSR Analyst, you'll analyze business information and trends to inform or make strategic and/or trading decisions. You'll have a deep knowledge of the MSR asset and be responsible for improving MSR strategy and execution.

Requirements

• 5 years of experience in trading, reporting or a financial analysis
• Bachelor's degree in finance, math, computer science, a related field or equivalent experience
• Extensive experience with Microsoft Excel, including but not limited to, ability to utilize formulas, pivot tables, graphs and charts
• Advanced experience with financial data analysis and reporting
• Extensive experience with mortgage servicing rights (MSR) valuation
• Extensive experience in prepayment/default modeling and related third party models

Nice To Haves

• Experience using third-party MSR Cashflow tools (Compass, MIAC, QRM, Polypaths)
• Expert Knowledge of Excel Modeling
• Advanced SQL Proficiency

Responsibilities

• Lead the development of quantitative/analytic models that measure and value our MSR asset
• Design and implement improvements to MSR pricing valuation
• Analyze and summarize data, identify trends and concerns and recommend actions as necessary
• Drive MSR pricing strategies with limited direction
• Develop and calibrate prepayment and credit models used in MSR cash flow valuation
• Manage MSR interest rate risk models, formulating and recommending MSR hedge strategies
• Analyze daily MSR risk and P&L reports to ensure MSR hedges are performing as expected
• Develop and monitor controls related to the valuation of the MSR asset
• Serve as a mentor to junior analysts

Benefits

• Health benefits
• Family support programs
• Career growth opportunities
• Innovative work environment
• Inclusive workplace culture

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Industry: Management of Companies and Enterprises
• Education Level: Bachelor's degree
• Number of Employees: 5,001-10,000 employees