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HomeStreet Bank Analyst Capital Markets II, Treasury (Hybrid - Downtown Seattle, WA) in Seattle, Washington

Salary Range: $32.21 - $51.54 (Depending on knowledge, skills, abilities and location. Certain level jobs may be eligible for bonus, commission, and/or equity awards.) Posting Date: January 17, 2025 This job will be open and accepting applications for a minimum of three days from the date it was posted. Benefits* worth writing home about: Medical, dental, and vision coverage for employees and their families Life, disability and family Leave 401(k) and Roth 401(k) with employer match Wellness program, employee assistance program, "Commute Trip Reduction" (CTR) and various employee discounts Generous vacation, sick leave, 11 paid holidays, and 16 hours of paid leave every year for community service work Free employee checking account and employee home loan discounts *For eligible employees averaging 20 or more hours per week. EO/AA Employer including Vets and Disabled. Qualified applicants with arrest and conviction records will be considered in accordance with legal requirements. If you are a California resident, you may be entitled to certain rights regarding your personal information, which is information that identifies, relates to, or could reasonably be linked with a particular California resident or household. Additional information about our data collection practices and location specific notices is available on our privacy policy. California applicants may click this link Fair Chance Ordinance for Los Angeles County to see additional information. Job Description Summary: The Capital Markets Analyst II will be responsible for supporting key mortgage risk management functions within the bank's Capital Markets group, including the development and refinement of various reporting and monitoring functions. The Capital Markets Analyst II will also play a key role in development and optimization of pricing strategies and metrics. Additionally, Capital Markets Analyst II will need to utilize the following: *Microsoft Excel *Access and SQL *Compass Analytics *LOS systems (Encompass) and Pricing Engine (Optimal Blue) *3rd Party Applications and Tools as needed Job Details: PRIMARY FUNCTIONS: The Capital Markets Analyst II position is a key member of the mortgage risk management team. Team members' responsibilities include the setting of daily pricing, margin and profitability analysis, hedging mortgage pipeline risk, performance of quality control on loan pricing models, performance monitoring and back testing of risk models and management reporting. Maintain and develop various daily, weekly and monthly reports, as required, for management and related committees. Adheres to internal compliance policies. Conducts research and analysis of variances within relevant systems (Risk Management System, LOS, Pricing Engine, etc.) to ensure data accuracy. As directed, hedge single family mortgage rate locks and closed loans with TBAs and sell closed loans to investors through TBAs or whole loan sales. Prepare daily analytics for single family pipeline risk and p&l Assist in preparing monthly journal entries related to single family pipeline Assist in preparing monthly and quarterly presentations for ALCO and Finance Committee Participate in monthly forecasting meetings and prepare monthly mortgage servicing rights forecast. Assist in troubleshooting of risk models Keep up to date on capital market and risk management trends Manage large, long-term projects efficiently and independently Ensure maintenance of and compliance with an effective control environment including participation in Sarbanes-Oxley efforts Risk Management strategies established in the Secondary Marketing Policies & Procedures must be executed flawlessly. This position has high level of responsibility with low direct supervision; the work is completed within prescribed procedures and processe

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