About Our Company
Arch Mortgage Insurance Company is the flagship U.S.-based mortgage insurer of Arch Capital Group Ltd., a leading insurance and reinsurance company operating through its subsidiaries worldwide. Based in Greensboro, North Carolina, our company is committed to our employees and our customers. Our Total Rewards package offers competitive pay and valuable benefits. Plus you’ll have access to a variety of programs supporting your professional development and a culture that encourages innovation, collaboration and professional growth.
JOB SUMMARY
The Senior Analyst, Secondary Markets will be responsible for the implementation of existing secondary marketing pricing, trading, and hedging tools. Contributes to the development of additional instruments to price loan products and facilitate portfolio management decisions.
Applies fixed income and portfolio risk management philosophies to enhance trading strategies, improve pricing analytics, and improve the efficiency of current processes.
ESSENTIAL RESPONSIBILITIES & ACCOUNTABILITIES
1. Production of daily rate sheets for AMF non-agency mortgage products.
2. Produce daily position reports for loans, retained securities, hedge positions, market surveillance and pipeline activities.
3. Assist with reporting to constituents on AMF pricing needs.
4. Develops internal pricing model in partnership with other team members.
5. Designs and maintains collateral analysis reporting to ensure data integrity and facilitate the management of AMF’s loan position.
6. Collaborates with operations and finance departments to assess impacts of secondary/credit market changes.
7. Partners with multiple platform vendors to accomplish secondary market goals including fulfillment, servicing, custodian and trustee.
JOB SPECIFICATIONS
Knowledge & Skills:
1. Technical skills include programming (VBA, R, SQL other languages)
2. Advanced proficiency utilizing Microsoft Office products, especially Excel.
3. Familiarity with advanced analytical tools including Bloomberg, Intex Desktop/ADCo Loan Kinetics or similar models.
4. Prior experience applying technical skills to fixed income portfolio management.
5. Understanding of the mortgage financing chain from origination to securitization.
6. Strong, customer-focused communication skills.
Education & Experience:
1. 2-5 Years of experience at a financial institution with exposure to capital markets and/or residential mortgage credit.
2. Exposure to private-label RMBS, including securitizations, cash flow modelling, deal structures, and the related bond mathematics is a plus.
3. Deep analytical skills as applied to financial, economic, collateral, and credit analysis.
4. Familiarity with residential mortgage credit and pricing constructs.
5. Ability to prioritize and meet deadlines.
6. Meaningful written and oral communication skills
WORKING CONDITIONS/ENVIRONMENT & PHYSICAL DEMANDS:
1. Normal office environment – The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this Job. Reasonable accommodations will be made to enable qualified individuals with disabilities to perform the essential functions of the Job.
2. Attendance/Punctuality – Is consistently at work and on time; Ensures work responsibilities are covered when absent.
3. Travel; 0% – 15% as required.
DISCLAIMER
Incumbent may be asked to perform other duties as required.