Trading and Pricing Analyst

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GENERAL FUNCTION:

Responsibilities include pricing model maintenance, trade-pool allocations, trade verification and operational support of risk management system. The incumbent will coordinate all daily rate-sheet publication, trade reconciliations, and QRM system maintenance.

Responsible and accountable for risk by openly exchanging ideas and opinions, elevating concerns, and personally following policies and procedures as defined. Accountable for always doing the right thing for customers and colleagues, and ensures that actions and behaviors drive a positive customer experience. While operating within the Bank’s risk appetite, achieves results by consistently identifying, assessing, managing, monitoring, and reporting risks of all types.

ESSENTIAL DUTIES & RESPONSIBILITIES:

Pricing Responsibilities

• Prepare and distribute rates for all Affiliates for all channels on a timely basis.
• Obtain market pricing for all pricing models. Working with senior trader(s) correct questionable price feeds as necessary.
• Document all model changes as per the secondary marketing risk policy.
• Update rate sheets as necessary to reflect new products, pricing strategies and/or market segments.
• Understands of all aspects of pricing and the rate sheet model ensuring products are priced in accordance with market prices and company policies.

Trade Support Responsibilities

• Executes trade clearance, including preparing and communicating pool information to dealers and 5/3 Custody Department.
• Confirms trades and communicates pair off and trade assignment information to dealers.
• Independently responds to inquiries and solves problems for the trading desk, forwarding issues to the appropriate person when necessary.
• Assists with monthly delivery, shipping, and settlements of Freddie Mac and Fannie Mae.

Financial Analysis Responsibilities

• Prepare daily risk reports including net position reports, fallout, and mark-to-market reports.
• Coordinate all trade verification, input and reconciliation.
• Obtain market pricing for the risk management models. Ensure pricing consistency between pricing and risk-management models.
• In cooperation with other financial analyst(s), coordinate publication of all daily, weekly and monthly reports of mortgage activity including monthly sales and securitization summaries, daily competitive rate surveys, Summit Packets, and Secondary Marketing Committee reports.
• Assist with annual internal or external audit and regulatory queries.

MINIMUM KNOWLEDGE, SKILLS AND ABILITIES REQUIRED:

• College degree in Finance, Business or related field or equivalent work experience.
• Minimum 3 years Secondary Marketing experience or 5 years Mortgage Banking or finance-related experience.
• Knowledge of mortgage banking, secondary marketing, mortgage market and investor requirements.
• Experience with Microsoft Office, Reuters, TradeWeb and QRM.
• Detail oriented.
• Effective communicator.
• Good analytic abilities.

Trading and Pricing AnalystTotal Base Pay Range 47,100.00 - 94,200.00 USD AnnualLOCATION -- Virtual, Ohio 00000

Fifth Third Bank, National Association is proud to have an engaged and inclusive culture and to promote and ensure equal employment opportunity in all employment decisions regardless of race, color, gender, national origin, religion, age, disability, sexual orientation, gender identity, military status, veteran status or any other legally protected status.