What are the responsibilities and job description for the Lock Desk Analyst position at Radian?
See yourself at Radian? We see you here too.
At Radian, we see you. For the person you are and the potential you hold. That’s why we’ve embraced a new way of working that lets our people across the country be themselves, be their best and be their boldest. Because when each of us is truly seen, each of us gives our best – and at Radian, we’ll give you our best right back.
See Yourself as a Lock Desk Analyst
Responsible for creating and publishing daily rate sheets made available to Radian mortgage lender partners, reviewing and pricing bulk loan pools for both bulk purchases and securitizations, distributing daily reports and completing lock and pricing review requests.
See the Primary Duties and Responsibilities
Leverage pricing model and margin targets provided by senior management to create and publish daily rate sheets to Radian mortgage lender partners. Generate updated rate sheets and publish/communicate mid-day pricing changes, as necessary.
Manage locks in process including any exceptions and repricing. Ensure that any issues with the lock pipeline are addressed in a timely manner.
Manage reporting and process for settlement of TBAs and other hedges. This includes confirming trades and ensuring inputs into Compass of trades is accurate.
Margin management with counter parties, ensure that reporting and all margins required are sent / received from trading counter parties.
Create and distribute other reporting as needed. Also manage daily reconciliation of positions and other operations for the secondary markets team.
Manage Pricing Engine and information output; serve as subject matter expert for the software application to support technology development related to the Pricing Engine. Contribute to the process of model and technology improvements across various analytic and database tools.
Perform other duties as assigned or apparent.
See the Job Specifications
Basic Education and Prior Work-Related Experience:
Degree Requirement: Bachelor's Degree or Equivalent Experience
Work Experience: No prior work-related experience
Additional Qualifications:
Clear and effective interpersonal skills, written and verbal communications skills
Must be able to clearly and effectively communicate with various groups within the company as well as various external business partners, both verbally and in writing
Highly motivated, self-starter, dependable, responsible and able to use good judgment
Ability to work in fast-faced, multi-tasking environment and to manage multiple deadlines
Strong organization and time management skills
Ability to work independently, with minimal oversight, and as a team player
Strong aptitude for detail and accuracy
Preferred Education Level: Bachelor’s Degree
Preferred Years of Prior Work-Related Experience: 2-4 years knowledge and analytical expertise in residential mortgage secondary marketing or financial services industry.
Other Qualifications, including any special skills, capabilities, and competencies:
Excellent technical skills with ability to design and maintain complex financial models
Experience with a scripting language (SQL, VBA, Python, R), a plus
Ability to perform highly detailed work in an environment of multiple interruptions
Strong background in Excel, including ability to summarize data via formulas, lookups, pivot tables…
General understanding of pricing/valuation concepts and method.
See Your Location
Radian is committed to a flexible work environment for many of our roles. This role is hybrid and will provide you the flexibility to work both in office and at your designated *Work From Anywhere* location each week.
- Work From Anywhere is subject to Radian’s Alternative Work Policy and business needs
See Why You Should Work With Us
Competitive Compensation: Competitive Compensation: anticipated hourly rate from $18.75 to $30.00 based on skills and experience. This position is eligible to participate in an annual incentive program.
Our Company Makes an Impact. We’ve been recognized by multiple organizations like Bloomberg’s Gender-Equality Index, HousingWire’s Tech 100, and The Forum of Executive Women’s Champion of Board Diversity. Radian has also pledged to PwC’s CEO Action for Diversity & Inclusion commitment.
Rest and Relaxation. Generous time off starting day one, 9 paid holidays 1 floating holiday in support of our DEI culture.
Health Benefits. Multiple medical plan choices, including HSA and FSA options, dental, and vision.
Prepare for your Future. 401(k) with a top of market company match (did we mention the company match is immediately vested?!)
Paid Parental Leave. An opportunity for all new parents to embrace this exciting change in their lives.
Employee Assistance and Discount Programs. From helping you navigate the healthcare system, to providing resources and assistance to parents and caregivers of children with development disabilities, to scoring discounts with thousands of retailers.
Pet Insurance. To help protect our furry family members.
See More About Radian
Radian is a fintech servicing the mortgage and real estate services industry. As a team, we pride ourselves on seeing the potential of every person, every idea and every day.
Seeing each other at Radian goes far beyond our open, flexible culture. It means seeing our people’s potential – and creating inspiring career paths that help them get there. Or seeing new pathways and innovating for the future of our industry. It means seeing each other for all that we are. And it means seeing our purpose as one that extends beyond the bottom line – having an impact on communities across the country to help more people achieve the American Dream of homeownership.
We hope you’ll see yourself at Radian. See more about us at Radian.com.
Defining Roles for Radian's Future
Understanding the qualities and characteristics that define a Leader and an Employee is important to building our future-fit workforce. Radian's future is only as bright as its people. For that reason, our People Plan includes profiles to support the qualities and characteristics that each Leader as well as each Employee should embody upon hire or via development.
EEO Statement
Radian complies with all applicable federal, state, and local laws prohibiting discrimination in employment. All qualified applicants will receive consideration for employment without regard to gender, age, race, color, religious creed, marital status, gender identity, sexual orientation, national origin, ethnicity, ancestry, citizenship, genetic information, disability, protected veteran status or any other characteristic protected by applicable federal, state, or local law.
Equal Opportunity Employer Details
Accommodation
Whether you require an accommodation for the job application or interview process, Radian is dedicated to a barrier-free employment process and encourages a diverse workforce. If you have questions about the accommodation process, please e-mail careers@radian.com.