Secondary Market Analyst-Remote

Are you ready to launch your career? What better way for your career to take flight than at one of the most financially solid credit unions in the nation. As a not-for-profit financial institution, we do what we do for all the right reasons. We are owned by our members, and therefore our primary focus is helping our members fulfill their financial dreams—and it all starts with our employees.

Our workforce reflects a team of diverse and creative individuals that are dedicated to working together, demonstrating a culture of inclusion and camaraderie to each other, and then giving our best to those that we serve. Come Join Our Team!

Summary of Primary Functions

The Secondary Market Analyst is responsible for selling long-term mortgage loans to various investor channels, ensuring that the overall loan sales process is well managed on a daily basis, while maintaining the profitability, efficiency, and quality of each loan sale transaction.

Position Requirements

Bachelor degree or equivalent work experience, Master’s degree preferred. Three to five years Secondary Market or mortgage loan sales related experience. Expert knowledge in hedging and managing hedging daily activities. Strong knowledge and proficiency of Microsoft Office Outlook, Word and Excel software. Expert knowledge of Fannie Mae/Freddie Mac underwriting guidelines and technology applications. Ability to deliver loan packages to both Fannie Mae and Freddie Mac. Expert knowledge of Encompass Mortgage LOS. Familiarity with Optimal Blue secondary pricing engine, or other industry leading pricing software. Working knowledge of compliance, legal documents, and appropriate lending regulation guidelines for mortgage loans. General knowledge of Secondary Market investor’s products and guidelines. Strong understanding and ability to comprehend investor rate sheet pricings, loan level price adjustments, and different product metrics. Must communicate and work well in a team environment. Must demonstrate willingness to learn new systems and adapt to new procedures. Must possess the ability to multitask and maintain an organized workflow. Must work well independently and be self-motivated. Must have strong communication skills (verbal, written, listening, presentation) and knowledge of general mortgage lending guidelines and compliance regulations.

NGFCU offers competitive compensation and a rich benefits package including medical, dental, vision, disability and life insurance, and a 401(k)-profit sharing plan with employer matching.

Compensation and Job Title is commensurate with experience and may fall under the following pay ranges:

Secondary Market Analyst Pay Range- $99,187 to $148,780 Annually

Please note that the salary information is a general guideline only. Northrop Grumman Federal Credit Union considers factors such as (but not limited to) scope and responsibilities of the position, candidate's work experience, education/training, key skills, internal peer equity, as well as market and business considerations when extending an offer. We offer a competitive total rewards package including a wide range of medical, dental, vision, financial, and other benefits.

We perform thorough background checks including verification of previous employment, education, credit checks and pre-employment drug screening. Any discrepancies in reported dates, titles, or degree information may result in an employment offer to be withdrawn.

NGFCU is an Equal Opportunity Employer

Pursuant to the Los Angeles Fair Chance Ordinance, we will consider for employment-qualified applicants with arrest and conviction records.