Kearny Bank · 1 day ago
Secondary Market Analyst
Fairfield, NJ
Full-time
Onsite
Entry Level
$65K/yr - $90K/yr
2+ years expKearny Bank is seeking a Secondary Market Analyst responsible for managing the first mortgage pipeline and reporting. The role involves interacting with the Bank’s pricing engine, processing loan locks, and monitoring market movements to provide timely updates and ensure adherence to lock policies.
BankingFinancial Services
No H1B
Responsibilities
Interact with the Bank’s pricing engine to maintain effective flow of information
Effectively manage the Bank’s first mortgage pipeline through detailed reporting / monitoring
Process all new loan locks received from the mortgage sales team
Secure new locks timely and report information accurately
Monitor market movement and provide timely information to department management and sales team
Work closely with residential staff including processing, underwriting and closing to provide timely updates on changes
Secure Best-Effort lock commitments based on the Bank’s margins
Provide accurate log entries
Communicate with lending partners to gain extensions, changes or relocks
Monitor market movements and assist in pipeline hedging strategies
Ensure adherence to lock policies and investor guidelines to maintain profitability
Communicate investor pricing policies and guidelines to internal teams
Qualification
Required
High school diploma or equivalent required
Minimum 2 years of related experience required
MS Office proficiency (Excel) required
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
Preferred
Encompass and Optimal Blue PPE proficiency strongly preferred
Company
Kearny Bank
Kearny Bank is a bank providing banking and lending services.
501-1000 employees
Funding
Current Stage
Late StageLeadership Team
K
Keith Suchodolski
Senior Executive VP & Chief Operating Officer
Recent News
2025-10-21
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