Job Description

When you can find a greater purpose in your work, your potential is limitless. That’s the mindset that drives our team at Homepoint, as we strive to support the American dream of financially healthy, happy homeownership.

Homepoint is one of the fastest-growing mortgage lenders in the U.S. – already the third-largest wholesale lender and a Top-10 correspondent lender. Founded in 2015, we are headquartered in Ann Arbor, MI and offer positions throughout the nation – many of which are remote. Our team has grown to include more than 3,500 associates and we service more than 400,000 customers nationwide. 

If you thrive in a fast-paced environment and are looking for an opportunity to grow and develop your career, then we have the perfect opportunity for you! 

Essential Duties and Responsibilities: 

The Capital Markets Distribution Trader/Analyst will be responsible for managing the Conventional and Government loan positions as well as identifying and developing opportunities for better loan execution strategies into the Secondary Market to maximize loan level Gain on Sale (GOS).  The Capital Markets Distribution Trader/Analyst will also be responsible for developing and managing external relationships with Broker/Dealers as necessary to maximize the effectiveness of our execution and interaction with all approved counterparties.
• Manage the Conventional and Government loan positions by tracking “at-risk” lock commitments and loans held for sale, understanding position impact of market driven changes in fallout/pull-through ratios and duration ratios and entering into MBS TBA short positions or forward Cash Commitments to cover the current loan position
 
• Manage the position impacts of Best Execution model changes for multiple investors (FNMA, FHLMC, private) and delivery types (TBA securities vs. Cash, Servicing Retained vs Servicing Released) both within our Mortgage Pipeline Risk Management System and externally as necessary
 
• Research and develop specified pooling / commitment opportunities that will garner increased GOS loan execution in the Secondary Market. 
 
• Manage the position impacts of changes based on periodic analysis for security issue delivery timing based on origination channel, investor, lock period and week of month algorithm – making changes to pricing and valuation model inputs as necessary to ensure we are pricing to an accurate delivery. 
 
• Assist in managing the vendor relationship with current and prospective Broker/Dealer trading desks and monitor current credit line profile with each.
 
• Desire to take personal responsibility to complete tasks and solve problems. 
• Ability to perform tasks and complete projects with minimal supervision
• Perform related duties as assigned by manager.
• Maintain compliance with all company policies and procedures.
 
Education and/or Work Experience Requirements:
 
• 5-8 years' Capital Markets/Secondary Marketing experience and a degree in Finance,  Mathematic Analysis or related field; MBA is a plus. 
 
• Expertise in analytics, such as predictive modeling, regression analysis, segmentation, forecasting, demand planning, or promotion response analytics. 
 
• Expertise in MS Excel and ability to utilize Microsoft SQL Server Management Studio for data extracts is required. 
 
• Expertise in utilizing Mortgage Pipeline Risk Management systems (i.e. Compass Analytics, QRM, MIAC, etc.) is required.
 
• Mortgage industry and/or Financial Services experience is a plus. 
 
• Ability to drive strategy and serve as a thought leader in the Capital Markets organization, assisting in developing new analytics products and promoting growth of the overall department. 
 
• Solid written and verbal communication skills. 
• Ability to multitask and effectively manage time. 
• Desire to take personal responsibility to complete tasks and solve problems. 
• Ability to perform tasks and complete projects with minimal supervision. 
• Desire to have a basic understanding of the mortgage process/industry
Physical Requirements: 
• Ability to safely and successfully perform the essential job functions consistent with the ADA, FMLA and othe federal, state and local standards, including meeting qualitative and/or quantitative productivity standards.
 
• Ability to maintain regular, punctual attendance consistent with the ADA, FMLA and other federal, state, and local standards.
 
• Must be able to communicate effectively with others.
• Must be able to talk, listen and speak clearly on telephone 
• Able to sit for prolonged periods.