1. What is the average salary of a Secondary Market Analyst?
The average annual salary of Secondary Market Analyst is $71,053.
In case you are finding an easy salary calculator,
the average hourly pay of Secondary Market Analyst is $34;
the average weekly pay of Secondary Market Analyst is $1,366;
the average monthly pay of Secondary Market Analyst is $5,921.
2. Where can a Secondary Market Analyst earn the most?
A Secondary Market Analyst's earning potential can vary widely depending on several factors, including location, industry, experience, education, and the specific employer.
According to the latest salary data by Salary.com, a Secondary Market Analyst earns the most in San Jose, CA, where the annual salary of a Secondary Market Analyst is $89,172.
3. What is the highest pay for Secondary Market Analyst?
The highest pay for Secondary Market Analyst is $93,945.
4. What is the lowest pay for Secondary Market Analyst?
The lowest pay for Secondary Market Analyst is $45,048.
5. What are the responsibilities of Secondary Market Analyst?
Secondary Market Analyst administers all secondary mortgage market duties that aid in the selling and purchasing of loans. Analyzes mortgage loan portfolios, securities, and mortgage-related investments and considers market trends and economic conditions to evaluate the risk and return of a loan sale or purchase. Being a Secondary Market Analyst creates reports and models to forecast asset performance and works with internal stakeholders to make recommendations. Complies with secondary market regulations and company protocols. Additionally, Secondary Market Analyst may require a bachelor's degree in a related area. Typically reports to a manager. The Secondary Market Analyst occasionally directed in several aspects of the work. Gaining exposure to some of the complex tasks within the job function. To be a Secondary Market Analyst typically requires 2 -4 years of related experience.
6. What are the skills of Secondary Market Analyst
Specify the abilities and skills that a person needs in order to carry out the specified job duties. Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.
1.)
Initiative: Taking decisive action and initiating plans independently to address problems, improve professional life, and achieve goals.
2.)
Financial Risk Management: Financial risk management is the practice of economic value in a firm by using financial instruments to manage exposure to risk: operational risk, credit risk and market risk, foreign exchange risk, shape risk, volatility risk, liquidity risk, inflation risk, business risk, legal risk, reputational risk, sector risk etc. Similar to general risk management, financial risk management requires identifying its sources, measuring it, and plans to address them. Financial risk management can be qualitative and quantitative. As a specialization of risk management, financial risk management focuses on when and how to hedge using financial instruments to manage costly exposures to risk. In the banking sector worldwide, the Basel Accords are generally adopted by internationally active banks for tracking, reporting and exposing operational, credit and market risks.
3.)
Mortgage Lending: A mortgage loan is a secured loan that allows you to avail funds by providing an immovable asset, such as a house or commercial property, as collateral to the lender.