Secondary Market Analyst administers all secondary mortgage market duties that aid in the selling and purchasing of loans. Analyzes mortgage loan portfolios, securities, and mortgage-related investments and considers market trends and economic conditions to evaluate the risk and return of a loan sale or purchase. Being a Secondary Market Analyst creates reports and models to forecast asset performance and works with internal stakeholders to make recommendations. Complies with secondary market regulations and company protocols. Additionally, Secondary Market Analyst may require a bachelor's degree in a related area. Typically reports to a manager. The Secondary Market Analyst occasionally directed in several aspects of the work. Gaining exposure to some of the complex tasks within the job function. To be a Secondary Market Analyst typically requires 2 -4 years of related experience. (Copyright 2024 Salary.com)
Position: Secondary Market Director | Division: Res Mortgage Lending |
Work Days: Monday - Friday | Hours of Operation: 8:00am - 5:00pm
Why Broadway Bank:
We are one of the largest independently owned banks in Texas with offerings in personal and private banking, wealth management, business banking and mortgage lending.
Position Overview:
The Secondary Market Director is responsible for driving the strategy and execution for selling loans originated by the Residential Lending team into the Secondary Market as well as driving product structure and pricing on portfolio loans. The position plays a critical role in managing relationships with investors for loans sold in the Secondary Market and is instrumental in developing new products and services to adapt to the competitive landscape, thereby boosting net interest and non-interest income This position will drive the pricing strategy for all products and collaborate with other departments on the overarching product and pricing strategy for all Consumer Real Estate products.
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This job description is not designed to be a comprehensive listing of duties, responsibilities, or activities that are required for this job. Duties, responsibilities, and activities may change at any time with or without notice.
Broadway Bank is proud to be an Equal Opportunity and Affirmative Action Employer. Broadway Bank is a drug-free and tobacco-free workplace, with a nicotine-free hiring policy. All qualified applicants will receive consideration for employment without regard to race, color, ethnicity, religion, sex, sexual orientation, gender identity, national origin, disability, protected veteran status, genetic data or other legally protected status.
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