Secondary Market Analyst

Northern Mortgage Grandville, MI

Secondary Market Analyst is an integral part of successful mortgage lending.   This role is responsible for managing all secondary market and hedging activity.  Works with each department to disseminate allocation information, investor relations, and EPPS system management. Demonstrates NMS’s CHIP (Compliance, Honesty, Integrity, Professionalism) philosophy in all interactions with staff, customers, affiliated companies, and associated contacts.


  • This position formulates and maintains procedures, policies and guidelines to assure that the Company’s operations are current with secondary market and investor requirements and guidelines.
  • The position also coordinates efforts for new salable mortgage products and acts as the primary contact for the secondary market and liaison with correspondent lenders/investors.
  • Maintains and manages all secondary market functions in loan operating system and pricing engine.
  • Establishing and maintaining relationships with all necessary and appropriate vendors, trading partners, hedging services, etc. to insure best execution delivery of mortgage loans to the marketplace.
  • Work with management to establish pricing/profitability targets and tracking all related data.
  • Effectively manage the execution of loan sales to ensure applicable milestones are achieved to assist senior management in managing the Bank’s balance sheet and risk exposures.
  • Mange our reporting and allocation with hedge company for NMS pipeline, retrieving and analyzing color files and determining potential areas to improve future bids/trades as well as areas to improve secondary department 
  • Ongoing communication of department, transaction status and results with senior management.
  • Achieve short and long term strategic objectives as defined by senior management.
  • Maintains all reporting and balancing of daily secondary activity as well as watching daily market position
  • Work with management to continue planning for growth and development and expansion of the secondary market department and processes
  • Performs other duties and responsibilities as assigned. 

Required Qualifications:

·         Ability to read, analyze and interpret financial reports and/or legal documents as well as create reports, spreadsheets, communications, and trainings

·         Ability to effectively present information in one-on-one and small group situations, to customers, clients and other employees in the organization

·         Bachelor’s Degree preferred

·         2 or more years’ industry experience relevant to secondary marketing, transaction management, execution, post-closing, or underwriting.    

·         Critical thinker, self-starter that can adapt and problem solve in a variety of situations

·         Ability to work independently.

·         Strong organizational skills with attention to detail. 

·         Encompass experience is preferred.

Job Type: Full-time

Schedule:    Monday to Friday


  • 401(k) with match
  • Dental Insurance
  • Employee Assistance Program
  • Health Insurance
  • Paid time off
  • Vision Insurance

Northern Mortgage offers a friendly, family-like environment that values the communities in which we live and work.  We recognize our employees with many benefits and ongoing professional development and advancement opportunities.  We’re always looking for dependable professionals of all experience to help us continue our stable growth and ongoing success.


Northern Mortgage is an EEO employer - M/F/Vets/Disabled
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