Analyst Capital Markets II, Treasury (Hybrid - Downtown Seattle, WA)

Salary Range:

(Depending on knowledge, skills, abilities and location. Certain level jobs may be eligible for bonus, commission, and/or equity awards.)

Posting Date:

This job will be open and accepting applications for a minimum of three days from the date it was posted.

Benefits* worth writing home about:

• Medical, dental, and vision coverage for employees and their families
• Life, disability and family Leave
• 401(k) and Roth 401(k) with employer match
• Wellness program, employee assistance program, "Commute Trip Reduction" (CTR) and various employee discounts
• Generous vacation, sick leave, 11 paid holidays, and 16 hours of paid leave every year for community service work
• Free employee checking account and employee home loan discounts

*For eligible employees averaging 20 or more hours per week.

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Qualified applicants with arrest and conviction records will be considered in accordance with legal requirements.

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Job Description Summary:

Job Details:

PRIMARY FUNCTIONS:

• The Capital Markets Analyst II position is a key member of the mortgage risk management team. Team members' responsibilities include the setting of daily pricing, margin and profitability analysis, hedging mortgage pipeline risk, performance of quality control on loan pricing models, performance monitoring and back testing of risk models and management reporting.
• Maintain and develop various daily, weekly and monthly reports, as required, for management and related committees.
• Adheres to internal compliance policies.
• Conducts research and analysis of variances within relevant systems (Risk Management System, LOS, Pricing Engine, etc.) to ensure data accuracy.

• As directed, hedge single family mortgage rate locks and closed loans with TBAs and sell closed loans to investors through TBAs or whole loan sales.
• Prepare daily analytics for single family pipeline risk and p&l
• Assist in preparing monthly journal entries related to single family pipeline
• Assist in preparing monthly and quarterly presentations for ALCO and Finance Committee
• Participate in monthly forecasting meetings and prepare monthly mortgage servicing rights forecast.
• Assist in troubleshooting of risk models
• Keep up to date on capital market and risk management trends
• Manage large, long-term projects efficiently and independently
• Ensure maintenance of and compliance with an effective control environment including participation in Sarbanes-Oxley efforts
• Risk Management strategies established in the Secondary Marketing Policies & Procedures must be executed flawlessly.
• This position has high level of responsibility with low direct supervision; the work is completed within prescribed procedures and processes as developed by management or required by investors or other entities; the Supervisor sets the direction of this position and develops action plans and procedures; specific authorities are outlined in the Secondary Marketing Policies & Procedures.
• Maintain detailed procedures

QUALIFICATIONS:

• Minimum 4 years of relevant experience.
• Experience in Secondary Market functions strongly preferred, including experience accurately forecasting and performing other pipeline analysis, establishing and monitoring interest rates and pricing, and a familiarity with interest rate risk concepts.
• Degree in Business/Economics or related field of study required/preferred or comparable experience.
• Advanced VBA, Access, and SQL knowledge preferred.
• Experience with Compass Analytics or similar mortgage risk management software preferred.
• Experience with mortgage pricing engine(s) and loan origination system(s) preferred.
• Work independently on delegated projects.
• Possess good judgment, ability to accept responsibility and handle confidential information.
• Must be a self-starter, dependable, accurate in completing responsibilities with strong attention to detail.
• Maintains effective communication and working relationship with manager, co-workers, branches and home office departments.
• Able to work as part of a team as well as independently, and with people of diverse backgrounds.
• Willingness to work overtime, when needed, as outlined by manager.
• Proficient in Word and Excel.
• Professional in standards, skills and manner of dealing with others.
• Excellent communication skills - phone, personal contact and written.
• Ability to accept and facilitate change.
• Ability to work quickly and accurately under pressure.
• Ability to analyze information and make decisions.

MENTAL AND PHYSICAL CONSIDERATIONS:

• Able to operate a Personal Computer and view information on a monitor.
• Must be able to sit for many hours each day.
• Must be able to communicate via telephone and possess dexterity to include filing documents, reaching and bending.
• May be required to stand for extended periods of time.
• Ability to lift or carry up to 10 pounds
• Ability to speak and understand English and express ideas and have difficult conversations in person and over the telephone
• Ability to listen and comprehend speech.
• Ability to problem solve, make decisions, interpret data and information, read, write and organize information in an orderly manner.
• Willing and able to travel occasionally as needed.

WORK ENVIRONMENT:

• Normal business office environment.
• Ability to work in artificial light for extended periods of time.

This Position Description may not be limited to the Functions and Requirements as outlined, now or in the future. For example, changes in corporate needs, position demands, or individual performance may result in changes to the Functions or Requirements of this position.

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