We deliver on this mission by empowering our employees by encouraging and recognizing superior performance and innovative solutions, by promoting teamwork and divisional cooperation.
POSITION SUMMARY
The Senior Capital Markets Analyst will be a primary decision maker in the valuation, sales, and reconciliation of mortgage loans to the GSE’s and various investors. This would include regular Best Execution pooling, Agency Cash and third-party sales, and reporting on performance. The decisions and sales strategies employed by the Senior Capital Markets Analyst will have a direct impact on the profitability of the company. The Senior Capital Markets Analyst will also be responsible for maintaining mortgage commitments with various counterparties, improving processes, and selecting the best execution strategies for NewRez. A successful candidate would have a mindset focused on process, automation, new opportunities, and continuous improvement.
DESCRIPTION
Essential Functions, Duties, and Responsibilities
Regular pooling, cash, and third-party sales of At-Risk inventoryEnter into and manage cash contracts with Agencies and private investors.Maintain and run valuation and execution optimization engines and models.Generates sales and valuation information reporting for use within the company.Reconciles purchase advice from investors.Performs additional projects, duties, and generates ad-hoc reports as assigned.Document and maintain policies and procedures.Review and recommend revenue generating ideas.Continuous communication and collaboration with multiple departmentsQualifications and Education Requirements
Bachelor’s degree required with a specialization in Mathematics or Finance5+ Years in the industry, with a focus on Capital Markets or Secondary MarketingPrior oversight or facilitation of whole loan settlements or bulk salesUnderstanding of the full process from mortgage origination, funding, and sale to servicingSkills, Abilities, and Knowledge
Knowledge of GSE pooling and Agency Cash sale execution options and requirementsAbility to formulate, communicate and implement long and short-term vision and strategies.Proficient with MS Office Suite.Exposure to datamining and reporting software such as SQL, Oracle, SAS, Tableau, or ClickviewFamiliarity with Fanne Mae and Freddie Mac’s selling system for cash trade managementProficiency in analyzing large volumes of data.Strong analytical skills required to analyze, correct, and resolve discrepancies.Strong written and verbal communication skillsStrong organizational skills with the ability to multi-task in a deadline driven environmentAbility to interact with peers in a “team environment.”Ability to work independently with a hands-on approach.Work Environment and Physical Requirements
Working on-site at assigned office location.
Regular and punctual attendance adhering to schedule established by leadership.Flexibility to work occasional adjusted work schedules, overtime, and evening and/or weekend hours to meet deadlines or as business needs demand.Working in a cubicle hub, maintaining focus on phone calls in a noisy environment within earshot of multiple other conversations.Sedentary work in a stationary position at a cubicle for prolonged periods of time.Constant repetitive motions required for operating a computer, such as typing and managing phone calls.Constantly communicating effectively verbally in English, including accurately exchanging information with others following identification of correct procedures.Additional Information:
While this description is intended to be an accurate reflection of the position’s requirements, it in no way implies/states that these are the only job responsibilities. Management reserves the right to modify, add or remove duties and request other duties, as necessary.
All employees are required to have smart phones that meet Company security standards with the ability to install apps such as Okta Verify and Microsoft Authenticator. Employment will be contingent on this requirement.
Company Benefits:
Newrez is a great place to work but we are only as strong as our greatest asset, our employees, so we believe in rewarding them!
Medical, dental, and vision insurance
Health Savings Account with employer contribution
401(k) Retirement plan with employer match
Paid Maternity Leave/Parental Bonding Leave
Pet insurance
Adoption Assistance
Tuition reimbursement
Employee Loan Program
The Newrez Employee Emergency and Disaster Fund is a new program to support our team members
Newrez NOW:
Our Corporate Social Responsibility program, Newrez NOW, empowers employees to become leaders in their communities through a robust program that includes volunteering, philanthropy, nonprofit grants, and more
1 Volunteer Time Off (VTO) day, company-paid volunteer day where all eligible employees may participate in a volunteer event with a nonprofit of their choice
Employee Matching Gifts Program: We will match monetary employee donations to eligible non-profit organizations, dollar-for-dollar, up to $1,000 per employee
Newrez Grants Program: Newrez hosts a giving portal where we provide employees an abundance of resources to search for an opportunity to donate their time or monetary contributions
Equal Employment Opportunity
We're proud to be an equal opportunity employer- and celebrate our employees' differences, including race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, and Veteran status. Different makes us better.
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