Job Description

At U.S. Bank, we're passionate about helping customers and the communities where we live and work. The fifth-largest bank in the United States, were one of the country's most respected, innovative and successful financial institutions. U.S. Bank is an equal opportunity employer committed to creating a diverse workforce. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability or veteran status, among other factors.

Job Description

Responsibilities include bidding loan packages from correspondent lenders including direct interaction with peer secondary market staff from participating lenders. Bidding procedures will involve analysis of loan level bid tapes, applying attribute pricing adjusters, updating applicable market changes, and communication of the bid. Upon execution, bid confirmations, loan level reconciliations, and creation of loan commitments on the loan origination system will be required.

Analysis will prepare a variety of management presentations and Ad hoc financial reporting requests.

* Actively calculate loan level mortgage pricing throughout the day

* Apply SRP and LLPA adjusters to base rate pricing

* Understand and incorporate overlays and product eligibility rules into pricing engine

* Process hits with hedge team, understanding impacts of TBA pricing and market fluctuations

* Maintain the Loan Origination System, calculate extensions and pair offs

* Use Excel, SQL, VBA or similar technologies to enhance and automate tasks/reports

* Work directly with Correspondent clients in a relationship-manager capacity

* Think innovatively to improve pricing, reporting, automation, and the customer experience

Key attributes to success

* Thorough understanding of MBS and Capital Markets at a super-regional bank

* Intellectually curious; ability to learn and build through reverse engineering

* Thrive in a fast paced environment

* Use logic, intuition, problem reduction and critical thinking to solve complex problems

* Trust ones judgement to make quick decisions under duress

* Supporting coworkers and processes to meet deadlines a must

Basic Qualifications
- Bachelor's degree
- Eight or more years of experience in financial analysis activities

Preferred Skills/Experience

- Advanced Microsoft Office skills in Excel (Macros and Visual Basic), Access database development and programming, QRM, SAS

- Advanced knowledge of financial analysis techniques and general accounting procedures
- Well-developed mathematical and analytical skills
- Considerable knowledge of financial analysis, forecasting, and planning
- Expert ability to identify and resolve exceptions and to interpret data

Salary Range: $80,400.00 - $98,200.00

Salary range reflected is an estimate of base pay and is for the primary location. Base pay range may vary if an offer is made for work in a different location.

** Position is a telecommute role open to all applicants throughout the United States. Candidates residing near the Earth City or Hopkins locations will be asked to work in the office once it is safe to do so.

Benefits:
Take care of yourself and your family with U.S. Bank employee benefits. We know that healthy employees are happy employees, and we believe that work/life balance should be easy to achieve. That's why we share the cost of benefits and offer a variety of programs, resources and support you need to bring your full self to work and stay present and committed to the people who matter most - your family.

Learn all about U.S. Bank employee benefits, including tuition reimbursement, retirement plans and more, by visiting usbank.com/careers.

EEO is the Law
Applicants can learn more about the companys status as an equal opportunity employer by viewing the federal EEO is the Law poster.

E-Verify

U.S. Bank participates in the U.S. Department of Homeland Security E-Verify program in all facilities located in the United States and certain U.S. territories. The E-Verify program is an Internet-based employment eligibility verification system operated by the U.S. Citizenship and Immigration Services. Learn more about the E-Verify program.

Salary range reflected is an estimate of base pay and is for the primary location. Base pay range may vary if an offer is made for work in a different location. Pay Range: $75,905.00 - $89,300.00 - $98,230.00