Secondary Market Analyst I
Redstone Federal Credit Union - Huntsville, AL
Hiring: Secondary Market Analyst I Company: Redstone Federal Credit Union Location: Huntsville, AL Job Posted Time: 2026-09-10 11:39:23 Target Skills & Keywords : Capital Markets, Fixed Income, Microsoft Excel, Regulatory Compliance, Workday About the job Experience: •To perform this job satisfactorily, an employee must be able to carry out each essential duty competently. The requirements listed below are representative of the education, experience, skills and abilities required. •An equivalent combination of education and experience may be considered. Required Skills: •Processes new mortgage interest rate lock requests and administers post-lock changes in accordance with established rate lock policy. •Assists mortgage loan originators with loan pricing questions and issues; provides front-line support on pricing engine use and scenarios. •Assists with mortgage investor reporting, submitting loan files to external investors and reconciling discrepancies. •Monitors mortgage interest rate locks and secondary market commitments to ensure successful sale and hedging of secondary market pipeline. •Works extensively with mortgage lending departments and external mortgage loan investors to maintain functionality of multiple origination/processing platforms. •Researches general ledger accounts to identify discrepancies and communicates findings to management. •Conducts activity surveys with department management to derive a standard cost of labor for loan origination activity; reviews and records new loans; works closely with Cost Accountant to compile statistical results into an analysis to determine when to expense or amortize origination income/expense. •Conducts various financial analyses and research on credit union operations as directed by management, including but not limited to: ROI calculations, profitability, marginal cost, loan pricing, and gain on sale projections. Qualifications: •4 Year / Bachelors Degree - Finance, Accounting, Economics or other Business related field - Required •2 Years - Financial Institution experience. - Required •Secondary marketing, mortgage banking, or capital markets experience - Preferred •Effectively apply internal and external customer service practices and processes to meet quality service standards and achieve member satisfaction. •Learn and apply information, on a wide range of credit union products, services, and regulatory compliance requirements, in order to assess member situations and develop solutions. •Superior skills with Microsoft Excel. •Operational familiarity with fixed income investments and the effect of macro and microeconomic influences on economic environments. •Attention to detail and accuracy required. •Utilize knowledge and experience in performing job functions. •Communicate in a professional manner and deliver information clearly and effectively. Actively listen to questions, opinions, and ideas of others. Use tact and diplomacy in sensitive and confidential situations. Interested candidates, please apply directly through the job posting on company's career page or try via AI auto apply on this platform. Don't miss this opportunity to join a forward-thinking team!