Senior Secondary Market Analyst

Kearny Bank•Fairfield, NJ

1d•Onsite

About The Position

Responsible for end-to-end first mortgage pipeline management, advanced reporting, and market analysis, including providing guidance and recommendations related to pricing, risk, and profitability.

Requirements

Bachelor’s degree in Finance, Business or related field preferred or equivalent experience.
Minimum of 3 years of related experience required.
Proficiency in Microsoft Office required, including advanced knowledge of Excel.
Encompass and Optimal Blue PPE proficiency strongly preferred.
Basic understanding of mortgage banking / loan pricing.
Knowledge of secondary market guidelines including government-sponsored enterprise (“GSE”)/ Federal Housing Administration (“FHA”).
Experience working with third party lenders and pricing services.
Excellent written and verbal communication skills.
Excellent customer service skills.
Acute attention to detail.

Responsibilities

Serve as a subject-matter resource for the Bank’s pricing engine, ensuring data integrity and effective flow of pricing and market information.
Oversee and manage the Bank’s first mortgage pipeline through advanced reporting, trend analysis, and proactive monitoring.
Review, validate, and process all new loan locks received from the mortgage sales team, resolving exceptions and complex scenarios as needed.
Ensure timely and accurate lock execution while identifying potential margin, pricing, or policy risks.
Monitor and analyze market movement and provide timely insights, analysis, and recommendations to department management and sales team.
Work closely with residential staff including processing, underwriting, and closing to provide timely updates on changes.
Independently secure and manage Best-Effort lock commitments, evaluating margin implications and profitability impact.
Ensure accuracy, completeness, and integrity of pipeline data, logs, and reporting tools.
Communicate with lending partners to gain extensions, changes, or relocks and negotiate terms when appropriate to mitigate risk or pricing exposure.
Monitor market movements and actively contribute to pipeline hedging strategies and risk management decisions.
Serve as a key resource for lock policy and investor guideline adherence, identifying gaps, trends, and opportunities to enhance profitability.
Interpret and communicate investor pricing policies and guidelines to internal teams, providing guidance on complex or non-standard scenarios.