Capital Markets Finance, Senior Manager

Capital Markets Finance, Senior Manager Full Time Management Glen Allen, VA, US The Opportunity The Capital Markets Finance Senior Manager owns the financial backbone of CapCenter's secondary marketing activity. The role is a finance role first — it builds and owns the gain-on-sale model, the hedge effectiveness analysis, the MSR valuation methodology, the secondary marketing P&L, and the financial planning that turns capital markets activity into board-grade reporting and forward-looking forecasts. It partners closely with corporate accounting on close, audit, and disclosure, and with FP&A on planning and strategic analysis. This is a hands‑on, build‑it role. The right person is equally comfortable in a hedge attribution model, a board financial package, a monthly close working paper, and a conversation with the external auditor. Reports to the Head of Capital Markets and Finance. Key Responsibilities Capital Markets Finance and Modeling Own and maintain the gain‑on‑sale model — pricing assumptions, expected execution, hedge cost, fallout, MSR value, fee income, and direct loan costs Produce hedge effectiveness analysis — coverage ratios, basis risk, P&L attribution, and slippage versus benchmarks; surface drivers in plain financial terms Own MSR valuation methodology — assumption setting (prepayment, cost‑to‑service, ancillary income, default), model governance, quarterly mark, and reconciliation against third‑party valuations Build and maintain the retain‑versus‑release financial framework that supports each loan‑level decision and tracks realized economics versus the model Stress‑test the pipeline, hedge book, and MSR portfolio against rate shocks, fallout shocks, and volume scenarios; quantify financial exposure for leadership Financial Reporting, Close and Accounting Partnership Produce the monthly capital markets financial reporting package: secondary marketing P&L, realized vs. locked margin, hedge P&L, MSR mark, secondary income by channel, and variance‑to‑plan with written commentary Partner with corporate accounting on month‑end and quarter‑end close for loan sales, derivative mark‑to‑market, MSR mark, fair value measurements, and hedge accounting elections Provide methodology documentation, source data, and analytical support for derivative accounting (ASC 815) and MSR accounting (ASC 860 / ASC 948) Lead capital‑markets‑related external audit support — methodology memos, model documentation, sample selections, walkthroughs, and disclosure draft review Author the board‑level capital markets financial narrative each cycle; ensure related disclosures, KPIs, and footnote inputs are accurate, consistent, and decision‑grade Strategic Finance, Planning and Controls Build the capital markets components of the annual budget, quarterly reforecasts, and long‑range financial plan; defend the assumptions to leadership Model forward‑looking secondary marketing revenue and MSR economics under varying rate paths, volume scenarios, and product mix; integrate into corporate forecasts Provide ad‑hoc financial analysis for strategic decisions — pricing changes, lock policy, MSR sales, channel expansion, retain‑vs‑release strategy, and capital allocation Partner with FP&A, Origination, and Servicing finance on margin sensitivity, runoff economics, product‑level profitability, and cross‑functional financial questions Recommend and implement financial controls, model governance, reconciliation cadences, and process improvements across capital markets financial activity What Success Looks Like in Year One A documented, version‑controlled gain‑on‑sale model that finance, the desk, and leadership all reference A monthly capital markets financial reporting package leadership can read in under fifteen minutes and act on A defensible, auditor‑ready MSR valuation methodology and retain‑vs‑release framework A clean, predictable monthly close for capital‑markets‑related accounts, with documented working papers A capital markets budget and rolling forecast integrated into the broader corporate financial plan Qualitifactions Bachelor's degree in Finance, Economics, Accounting, Mathematics, or related field; MBA, CFA, or CPA strongly preferred 7+ years in mortgage capital markets finance, secondary marketing analytics, or mortgage corporate finance, with at least 3 years in a senior or management capacity Deep working knowledge of TBA / MBS markets, agency execution, gain‑on‑sale economics, and MSR valuation Hands‑on experience with at least one pricing / hedging platform (Optimal Blue, Polly, Compass Analytics, or comparable) — sufficient to interpret outputs and reconcile to financial results Demonstrated ability to build and own production financial models — not just contribute to them Strong working knowledge of derivative accounting (ASC 815) and MSR accounting (ASC 860 / 948); ability to operate as a credible counterpart to accounting and external audit Experience producing financial reporting and forecasts that reach the executive team or board Clear writer and communicator — able to translate hedge P&L, MSR economics, and secondary performance into concise financial narratives for leadership We offer a competitive compensation package to include base salary, medical, dental and life insurance benefits, 401K, and paid vacation. We do not discriminate against applicants/employees on any protected basis and are an Equal Opportunity Employer: Veteran/Disability. #J-18808-Ljbffr