Secondary Markets Analyst

Finance of America•Saint Paul, MN

8d•$80,000 - $130,000

About The Position

The Secondary Markets Analyst manages the structuring, pricing, execution, and settlement of Home Equity Conversion Mortgage-Backed Securities (HMBS) pools. The role optimizes loan inventory, mitigates market risk, and supports liquidity and profitability objectives while collaborating with internal stakeholders to ensure accurate trade execution, regulatory compliance, and efficient secondary market operations. The analyst prepares recurring and ad hoc reporting on pool sales, loan inventory, channel margins, historical performance, and other loan- and portfolio-level analytics. The role develops an understanding of mortgage banking from origination through asset sale, monitors mortgage market trends, and performs other duties as assigned.

Requirements

A minimum of 4 years of experience in mortgage banking or a related financial services sector.
Proficiency in MS Office Suite, especially Excel.
Programming experience in SQL, Python, or VBA.
Mathematical acumen.
Consistently demonstrate very high attention to detail.
Excellent written and verbal communication skills.
Analytical, critical-thinking, and problem-solving skills.
Exceptional time-management and organizational skills.
Commitment to personal growth and enthusiasm to acquire an expanding skill set.
Bachelor's degree required, in Finance, Economics, or Mathematics.

Nice To Haves

Master's degree.
CFA certification.

Responsibilities

Prepare recurring and ad hoc reporting on pool sales, loan inventory, channel margins, historical performance, and other loan- and portfolio-level analytics.
Manage daily loan bidding, pricing, lock confirmations, and counterparty communication.
Develop a deep understanding of the mortgage banking industry, from mortgage origination to sale of the asset.
Execute trades in compliance with investor guidelines, optimizing execution and supporting liquidity and profitability goals.
Monitor the daily secondary market pipeline to assess and mitigate interest rate and market exposure.
Use financial models to structure and analyze HMBS pools and apply pricing methodologies based on current market conditions, investor demand, and internal capital requirements.
Coordinate and facilitate HMBS pool setup, trading delivery, and settlement in collaboration with internal stakeholders, including treasury, accounting, and operations, to ensure proper delivery and accounting of HMBS sales.
Develop and maintain SQL queries, Python scripts, Power Automate flows, and other automated processes to improve data accuracy, reporting efficiency, and pricing and execution workflows.
Maintain and distribute pricing grids to internal and external parties.
Monitor mortgage market trends.
Perform other duties as assigned.