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Kinecta Federal Credit Union · 2 hours ago

Secondary Marketing Analyst Sr

El Segundo, CA

Full-time

Onsite

Senior Level

$80K/yr - $100K/yr

5+ years exp

Kinecta Federal Credit Union is seeking a Secondary Marketing Analyst Sr to support their Secondary Marketing functions. The role involves managing pricing, pipeline management, loan delivery, and investor management, specifically focusing on Mortgage-Backed Securities (MBS).

Financial Services

Comp. & Benefits

Responsibilities

Manages daily Agency/Investor best execution pricing and TBA interpolations, including margin management

Manages Agency / Investor pricing strategy to ensure profitability and competitiveness in our focus market segments

Manages whole loan agency cash and MBS including coordinating the settlement process with the Accounting & Finance Departments

Process and review daily pipeline position reports for cash window delivery

Helps develop and maintain Secondary Marketing daily/monthly P/L attribution reporting for month end GOS reporting

Provides high level management and strategy on the implementation and integration of Polly Ex with Encompass

Has in-depth knowledge of pipeline hedging concepts and can validate the Secondary Marketing hedge position managed by our hedge advisory

Responsible for managing pipeline MSR values in Polly Ex and w/hedge advisory to ensure accurate MSR valuations through the pipeline life cycle

Participates in managing counter-party risk with Secondary Marketing investors including annual investor certifications

Coordinates loan sale strategy in Accounting/Finance/Residential Lending

Maintains counterparty TBA margin requirements including monthly TBA pair-off wires

Promotes best execution hedging and delivery strategies

Responsible for all aspects of agency (FNMA/FHLMC/FHLB/GNMA) loan delivery

Manages the entire GNMA MBS process including the GNMA responsibilities with Loan Servicing, Accounting and Audit/Compliance

Ensures Department procedures are complete and updated

Meets with internal and external auditors to demonstrate compliance with department procedures

Understand and maintains a thorough knowledge of Residential Lending Products and provides industry best practices feedback

Work independently on special projects

Ability to work under pressure

Qualification

MBS delivery managementPipeline managementPricing strategyHedging conceptsFinancial analysisCommunicationTeam collaborationAttention to detailDecision making

Required

Experience managing MBS delivery and pipeline management

Strong understanding of best execution strategies

Background or understanding of pricing and hedging concepts

Excellent communication skills – phone, personal contact and written

Maintains effective communication and working relationship with manager, co-workers, branches, and home office departments

Able to work as part of a team as well as independently, and with people of diverse backgrounds

Possess good judgment, ability to accept responsibility and handle confidential information

Must be a self-starter, dependable, accurate in completing responsibilities with strong attention to detail

Professional in standards, skills, and manner of dealing with others

Ability to accept and facilitate change

Ability to work quickly and accurately under pressure

Ability to analyze information and make decisions

Bachelor's degree in Business/Economics or related field of study or comparable experience

Minimum five years' experience as a Secondary Marketing Manager

Excellent writing skills, detail oriented, and strong mortgage product knowledge including both government and conventional loans

Preferred

Five to six years of experience as a financial analyst preferred

Company

Kinecta Federal Credit Union

Headquartered in Manhattan Beach, California, Kinecta Federal Credit Union is one of the country's largest credit unions, with assets of $6.8 billion and more than 270,000 members from coast to coast.

Founded in 1940

Alexandria, Virginia, USA

501-1000 employees