MSR Analyst, Sr.

Capital Markets | Remote, Remote


Description

Position at loanDepot

loanDepot, America's lender, matches borrowers through technology and high-touch customer care with the credit they need to fuel their lives. While there are many loan-touch career opportunities within loanDepot, we could not take care of our employees, nor our customers, without the amazing support of our corporate teams. From HR & Marketing to Finance & Compliance, #TeamloanDepot is always searching for the best talent out there. With over $100 billion in funded loans since inception, the evolution & enthusiasm is not slowing down anytime soon. Come join us!

loanDepot — We are America’s Lender.

Position Summary:

The MSR Analyst, Sr. is responsible for providing financial analysis, analytics & reporting, and quantitative modeling to support our mortgage servicing portfolio and other areas of interest in Capital Markets. He/she contributes to the success of the business by supporting Mortgage Servicing Rights (MSR) valuations, front end pricing & pipeline FV support, interest rate risk management & hedging, prepayment and credit risk modeling, MSR sales from bulk sales to co-issue and early buyout sales, portfolio performance reporting & benchmarking, asset return analysis, portfolio retention analytics, and servicing financial planning.  The position provides ample opportunity to work cross-functionally within Capital Markets and collaborates externally with multiple business groups.  The Capital Markets Analyst’s combination of finance, technical and analytical skills in conjunction with experience in fixed income finance & mortgage analytics will contribute to the success of the company while continuing to grow and advance his/her career with an industry leader.

Responsibilities:

  • Performs analysis of internal fair value against third-party marks & market trade color with variance research inclusive of modeling & assumptions differences
  • Compiles market intelligence analysis of Servicing Release Premium (SRP) versus industry capitalization grids and investor co-issue pricing
  • Develops financial reporting of MSR net position to executive management including mark-to-market, variance attribution, and roll forward
  • Supports risk analytics of the MSR portfolio and associated hedges
  • Supports MSR bulk sales & early buyout sales with pricing utilizing third-party models such as Compass Analytics & ADCO Prepayment Model and transaction coordination on the Capital Markets side
  • Participates in industry MSR surveys, assumption analysis, benchmarking and best practice development
  • Executes internal controls for audit and SOX compliance
  • Conducts surveillance of servicing portfolio such as prepayment and credit performances

Requirements:

  • Highly self-motivated and detail-oriented
  • Strong analytical and critical thinking skills
  • Ability to analyze and interpret complex data
  • Financial modeling and analysis skills
  • Good communication skills, ability to work both independently and collaboratively
  • Strong organizational skills, ability to execute on complex projects with autonomy and close attention to detail

Why work for #teamloanDepot:

  • Aggressive earning potential and 401K with robust company match           
  • Inclusive, diverse and collaborative culture where people from all backgrounds can thrive
  • Work with other passionate, purposeful and customer-centric people
  • Extensive internal growth and professional development opportunities including tuition reimbursement
  • Comprehensive benefits package including Medical/Dental/Vision
  • Wellness program to support both mental and physical health
  • Generous paid time off for both exempt and non-exempt positions

We are an equal opportunity employer and value diversity in our company. We do not discriminate based on race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.

 #LI-SS

PM17