Analyst - Pricing (Capital Markets)

  • Competitive
  • New York, NY, USA New York NY US
  • Permanent, Full time
  • Hunt Mortgage Group
  • 22 Mar 18 2018-03-22

Analyst - Pricing (Capital Markets)

Position Summary
The Analyst / Associate (Pricing) is responsible for providing assistance and support to the Capital Markets pricing desk with activities related to pricing, trading, and funding of GSE MBS/Whole-loans, FHA multifamily MBS, and CMBS Whole-loans originated by the company to the secondary market, and will provide various sales support activities to the firm's origination platform. The Analyst / Associate will undergo training to provide full time back-up duties to the trading platform. The Analyst / Associate must demonstrate a keen ability for organization, focus on details, and a sharp analytical orientation, and possess the initiative to work in a fast pace environment in a reliable manner.

Essential Job Functions

  • Use internal pricing models to calculate mortgage rates daily in accordance with internal policy.
  • Post daily pricing internally and distribute to organization.
  • Research and obtain current bond market information via Bloomberg and other tools:
    • Current treasury yields
    • Swap spreads
    • DUS/GNMA MBS & CMBS spreads
    • Agency Debentures
    • Recent economic news & commentary
  • Calculate and deliver customized pricing quotes to originators and underwriters.
  • Assist in providing full time phone and email coverage of the pricing desk.
  • Track quotes in excel based database & Maintenance of Trade Logs.
  • Create and maintain both hard and electronic "pricing" files for all loans in the pipeline.
  • Responsible for assembling the documentation and approvals from internal parties required for rate lock and follow up and review on Trade and rate lock confirmations.
  • Responsible for wire transfer tracking on deposits, broker fees, and other.
  • Assist in creating and updating weekly and monthly marketing material for originations staff.
  • Perform other duties as assigned.

Bachelor's degree in Finance, Accounting, or Business Administration required.

Experience and Qualifications
  • Minimum of one to two year for the Analyst level and three to four years for the Associate level of related experience in pricing, trading, and funding of loans.
  • Possess an aptitude for finance and a keen understanding of the overall Capital Markets.
  • Knowledge of Bloomberg software is a plus, with a proficiency in Microsoft Excel required.
  • Financial Modeling capability required.
  • The ability to perform financial analysis including interest calculations, Servicing and Loss Sharing calculations, and arbitrage modeling required.
  • Ability to solve practical problems and analyze a variety of concrete variables where only limited standardization exists.
  • Ability to analyze and interpret general business periodicals, professional journals, technical procedures, and industry guidelines.
  • Strong presentation skills and the ability to respond to questions from groups of managers, clients, and the general public is required.
  • Willingness to work longer hours as required.
  • Proficient knowledge of Microsoft Office suite.

Other Skills
Requires a self-motivated individual who pays close attention to detail and who can prioritize in a fast-moving environment and demonstrate business pricing knowledge and skills. Resourceful team player who excels at building trusting relationships with clients and colleagues and can effective communicate with all levels of the organization.