Detroit, MI, USA
10 days ago
MSR Analyst

The Rock Family of Companies is made up of nearly 100 separate businesses spanning fintech, sports, entertainment, real estate, startups and more. We’re united by our culture – a drive to find a better way that fuels our commitment to our clients, our community and our team members. We believe in and build inclusive workplaces, where every voice is heard and diverse perspectives are welcomed. Working for a company in the Family is about more than just a job – it’s about having the opportunity to become the best version of yourself.

As an MSR Analyst, you’ll analyze business information and trends to inform or make strategic and/or trading decisions. You’ll have a deep knowledge of the MSR asset and be responsible for improving MSR strategy and execution.

About the Role

Lead the development of quantitative/analytic models that measure and value our MSR assetDesign and implement improvements to MSR pricing valuation Analyze and summarize data, identify trends and concerns and recommend actions as necessary Drive MSR pricing strategies with limited direction Develop and calibrate prepayment and credit models used in MSR cash flow valuation Manage MSR interest rate risk models, formulating and recommending MSR hedge strategies Analyze daily MSR risk and P&L reports to ensure MSR hedges are performing as expected Develop and monitor controls related to the valuation of the MSR asset Serve as a mentor to junior analysts 

About You

Minimum Qualifications

5 years of experience in trading, reporting or a financial analysisBachelor’s degree in finance, math, computer science, a related field or equivalent experience Extensive experience with Microsoft Excel, including but not limited to, ability to utilize formulas, pivot tables, graphs and chartsAdvanced experience with financial data analysis and reporting Extensive experience with mortgage servicing rights (MSR) valuation Extensive experience in prepayment/default modeling and related third party models 

Preferred Qualifications

Experience using third-party MSR Cashflow tools (Compass, MIAC, QRM, Polypaths)Expert Knowledge of Excel ModelingAdvanced SQL Proficiency

What You’ll Get

Our team members fuel our strategy, innovation and growth, so we ensure the health and well-being of not just you, but your family, too! We go above and beyond to give you the support you need on an individual level and offer all sorts of ways to help you live your best life. We are proud to offer eligible team members perks and health benefits that will help you have peace of mind. Simply put: We’ve got your back. Check out our full list of Benefits and Perks.

About Us

Rocket Mortgage® was founded in 1985. Today, we’re a Detroit-based, publicly traded company with a mission to Help Everyone Home. At Rocket Mortgage, we believe that home is more than the house you live in. Our wide variety of home loan options, tools and resources empower our clients to achieve their homeownership dreams. We’re known as experts in the mortgage industry, but we’re also innovators – we strive to create the best experiences for our clients from beginning to end. And we’re not your typical employer. We’re insistently different in how we look at the world and are committed to an inclusive workplace where every voice is heard. Apply today to join a team that offers career growth, amazing benefits and the chance to work with leading industry professionals.

This job description is an outline of the primary responsibilities of this position and may be modified at the discretion of the Company at any time.  Decisions related to employment are not based on race, color, religion, national origin, sex, physical or mental disability, sexual orientation, gender identity or expression, age, military or veteran status or any other characteristic protected by state or federal law.  The Company provides reasonable accommodations to qualified individuals with disabilities in accordance with applicable state and federal laws.  Applicants requiring reasonable accommodations in completing the application and/or participating in the application process should contact a member of the Human Resources team at Careers@myrocketcareer.com.

The Company is an Equal Employment Opportunity employer, and does not discriminate in any hiring or employment practices. The Company provides reasonable accommodations to qualified individuals with disabilities in accordance with state and federal law. Applicants requiring reasonable accommodation in completing the application and/or participating in the employment application process should notify a representative of the Human Resources Team, The Pulse, at Careers@myrocketcareer.com.

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