Manager of Secondary Market Pricing and Product Development (Mortgage)
Pittsburg, Pennsylvania
We are seeking an experienced Manager of Secondary Market Pricing and Product Development to lead mortgage pricing strategy and product execution. This role is responsible for optimizing profitability across held-for-sale and portfolio products by overseeing pricing analytics, lock desk operations, investor relationships, and product configuration within secondary market and loan origination systems.
The ideal candidate brings deep expertise in mortgage secondary markets, including GNMA, Fannie Mae, Freddie Mac, FHA, and VA products, along with strong knowledge of loan pricing and interest rate risk principles. This leader will manage cross-functional teams, partner closely with Capital Markets and Hedging, and drive data integrity, compliance, and strategic pricing initiatives in a fast-paced, on-site environment.
Key Responsibilities
• Develop and execute mortgage pricing strategies across investor channels to optimize profitability and execution
• Oversee pricing for held-for-sale and portfolio loan products, including daily pricing updates and margin management
• Lead pricing, pricing analytics, lock desk, and mortgage program administration teams
• Analyze market trends, investor pricing, and economic indicators to guide strategic decisions
• Present competitive positioning, pricing analytics, and profitability reports to senior management
• Manage pipeline inventory validations, loan-level pricing adjustments, and pricing calculations
• Ensure data integrity between loan origination systems and pricing platforms
• Oversee investor recertification processes and maintain strong investor relationships
• Partner with Hedging and Capital Markets leadership to align pricing and risk strategies
• Lead product development initiatives, including pricing configuration within secondary market and LOS systems
• Support affordable lending initiatives, including Down Payment Assistance, Housing Finance Agency programs, and related bond programs
• Ensure compliance with regulatory requirements and internal risk management standards
Key Qualifications
• Bachelor's degree required
• 7+ years of experience in mortgage secondary market, pricing, or capital markets
• Prior management experience required
• Experience with GNMA, Fannie Mae, Freddie Mac, FHA, and VA products
• Strong understanding of loan pricing, margin management, and interest rate risk principles
• Experience with loan origination systems, pricing engines, and mortgage workflow platforms
• Proficiency in Microsoft Excel, Word, and PowerPoint
• Strong analytical, organizational, and communication skills
• Ability to work in a fast-paced, on-site environment