Capital Markets Risk & Valuation Analyst

Exceed the expectations of our residential mortgage borrowers & business partners through superior service, simple processes, and effective communications.
We deliver on this mission by empowering our employees by encouraging and recognizing superior performance and innovative solutions, by promoting teamwork and divisional cooperation.
 

The Capital Markets Risk & Valuation Analyst will be a member of best execution and valuation team. The primary responsibility will be maintenance of our Mortgage Banking Risk Management System, Quantitative Risk Management (QRM), to ensure accurate loan pricing and mitigate interest rate risk. Additional responsibilities would include close coordination with other members of Capital Markets and cross-functional teams that rely on the downstream data provided by QRM for interest rate risk, hedge position, Profit & Loss Statement (P&L), and counterparty exposure.

Duties and Responsibilities

• Report on pipeline valuation analytics, P&L, best execution, and interest rate risk modeling.
• Mitigate interest rate risk through updating or building components of the QRM model.
• Work closely with trade desk for market pricing inputs and duration risk.
• Maximize loan execution decisions through proper setup of QRM’s best execution optimization.
• Test, document, and summarize impact from model assumption changes.
• Performs related duties as assigned by management.

Qualifications and Education Requirements

• Bachelor’s degree in Business or equivalent.
• 1-3 years’ experience with intermediate knowledge of Capital Markets concepts. Examples include, but are not limited to: Pricing, Hedging, Trading, Valuation, Pooling and Delivery.

Skills, Abilities, and Knowledge

• Strong business, analytical, quantitative, and communication skills.
• Strong attention to detail.
• Ability to multi-task, respond well to pressure and deadlines.
• Work well individually and in a collaborative environment.
• Fast learner – able to assimilate new ideas and thrive in a fast-paced environment.
• Strong skills in Excel (graphs, pivot tables, formulas).
• Experience with data mining and reporting software (SQL, Oracle, Snowflake, Tableau, etc.).
• Working knowledge of Mortgage Risk Management Software (QRM, Compass, MIAC, etc.).
• Mindset focused on process, automation, new opportunities, and continuous improvement.

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.

CA Privacy Policy

CA Notice at Collection