Senior Capital Markets Analyst (Detroit, MI)

| Detroit, MI
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Minimum Qualifications
  • 3 years of experience in trading, reporting or a relevant role
  • Experience with financial data analysis and reporting
  • Experience with mortgage servicing rate (MSR) valuation
  • Experience in prepayment and default modeling and related third party models
  • Knowledge of MSR interest rate risk management
  • Bachelor's degree in finance, math, computer science, a related field or equivalent experience

Preferred Qualifications
  • 5 years of experience in mortgage industry
  • Proficient in the Microsoft Office suite
  • Advanced knowledge of SQL skills
  • Advanced knowledge of Excel modeling

Job Summary

As a Senior Capital Markets Analyst, you will analyze business information and trends to inform or make strategic and/or trading decisions. To succeed in this role, you will need to have deep knowledge of financial analysis and default modeling and work to improve MSR hedge strategy while executing those strategies based on your findings.

  • Develop and maintain quantitative/analytic model or tools that estimate the changes in value of various mortgage assets
  • Design and implement improvements to MSR pricing valuation
  • Analyze and summarize data, identify trends and concerns and recommend actions as necessary
  • Create and publish daily team reports based on findings
  • Drive pricing decisions 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

Who We Are

Rocket Companies® is a Detroit-based company made up of businesses that provide simple, fast and trusted digital solutions for complex transactions. The name comes from our flagship business, now known as Rocket Mortgage®, which was founded in 1985. Today, we're a publicly traded company involved in many different industries, including mortgages, fintech, real estate, automotive and more. We're insistently different in how we look at the world and committed to an inclusive workplace where every voice is heard. And we're passionate about the work we do, and it shows. We've been ranked #5 on Fortune's list of the 100 Best Companies to Work For in 2021, as well as ranking #1 for Fortune's Best Large Workplaces in Financial Services and Insurance List in 2021.


This is an outline of the primary responsibilities of this position. As with everything in life, things change. The tasks and responsibilities can be changed, added to, removed, amended, deleted and modified at any time by the leadership group.

We are proud equal opportunity employers and committed to providing an inclusive environment based on mutual respect for all candidates and team members. Employment decisions, including hiring decisions, 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. We also provide reasonable accommodations to qualified individuals with disabilities in accordance with state and federal law.
More Information on Quicken Loans
Quicken Loans operates in the Financial Services industry. The company is located in Detroit, MI, Cleveland, OH, Charlotte, NC and Phoenix, AZ. Quicken Loans was founded in 2022. It has 14453 total employees. It offers perks and benefits such as Flexible Spending Account (FSA), Disability Insurance, Dental Benefits, Vision Benefits, Health Insurance Benefits and Life Insurance. To see all 77 open jobs at Quicken Loans, click here.
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