Mortgage Hedging Operations Analyst
USAA
full-time
Posted on:
Location Type: Hybrid
Location: Arizona • Florida • United States
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Salary
💰 $93,770 - $168,790 per year
About the role
- Work with USAA’s Hedging, Servicing Valuation, Loan Delivery, Pricing, Lock Desk, and Product Development teams
- Conduct data analysis in support of mortgage pipeline activities, warehouse risk management and secondary marketing loan sale executions/data delivery, and settlements
- Ensure all activities are completed within applicable regulatory policies and requirements
- Provide support and assistance with oversight and execution of complete real estate interest rate pricing models
- Evaluate mandatory, best efforts, whole loans, MBS (agency and private label), servicing retained, and servicing released for mortgage loans in the pipeline and warehouse
- Monitor and make recommendations for improvements to trading and hedging policies and processes
Requirements
- Bachelor's degree in Finance, Economics, or a related field required (4 additional years of related experience beyond the minimum required may be substituted in lieu of a degree)
- Minimum 6 years’ experience in hedging mortgage origination pipelines with secondary marketing risk management systems
- Advanced experience with AOT, MBS, and cash sales
- Advanced knowledge and understanding of secondary market loan delivery and settlement systems and understanding of financial markets, interest rate/price risks and secondary mortgage markets
- Strong knowledge and application of federal mortgage lending regulations and compliance.
Benefits
- Comprehensive medical, dental and vision plans
- 401(k)
- Pension
- Life insurance
- Parental benefits
- Adoption assistance
- Paid time off program with paid holidays plus 16 paid volunteer hours
- Various wellness programs
- Career path planning and continuing education
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard Skills & Tools
data analysishedgingrisk managementreal estate interest rate pricing modelsmandatory loansbest efforts loanswhole loansMBSsecondary market loan deliverysettlement systems
Soft Skills
communicationcollaborationanalytical thinkingproblem-solvingrecommendation making