About the Company
Valon’s mission is to empower every homeowner. We believe the journey of home ownership starts when you get your keys, but lasts far beyond. We’re creating a world where home ownership comes with ease, security, and financial know-how. Our growing team of engineers, operators, product enthusiasts, and experienced servicing professionals are leveraging technology to fundamentally improve the homeownership experience. Through mortgage servicing—the process of paying off one’s mortgage—Valon is taking the first step in transforming the industry one homeowner, and lender, at a time.
Valon Lending
Valon is currently scaling up its mortgage lending business, which aims to provide the ability to access low-cost, streamlined mortgage credit to Valon borrowers and tools to retain borrowers in their portfolio for Valon partners. We leverage our unique relationships with our borrowers and technology to deliver an easier and cheaper home loan experience. We are looking for experienced and innovative individuals to help build our team and business who are eager to change the mortgage industry for the better.
Responsibilities :
Manage the company's secondary marketing activities, including loan pricing, locking, hedging, and investor relations.
Develop and maintain relationships with investors, trade advisory firms, and other market participants.
Build out and manage improvements to Valon’s delivery strategy, including ramping up mandatory delivery with internal hedging.
Monitor market conditions and trends to make informed decisions about loan pricing and hedging strategies.
Analyze data and market information to identify opportunities for improving profitability.
Monitor and manage pipeline risk, including interest rate risk, fallout risk, and pipeline hedging.
Collaborate with internal teams, including sales, operations, and underwriting, to ensure seamless execution of secondary marketing activities.
Collaborate with operations on the execution of loan sales and delivery to investors.
Ensure compliance with all regulatory requirements related to secondary marketing activities.
Continuously improve and optimize secondary marketing strategies and processes.
As Valon expands, manage a team of secondary marketing analysts.
Minimum Qualifications
5+ years of experience in secondary marketing in the residential mortgage industry, including experience working with Fannie Mae, Freddie Mac, and other investors.
Deep understanding of mortgage loan pricing, hedging, and delivery.
Strong analytical and quantitative skills.
Excellent communication and interpersonal skills.
Ability to work in a fast-paced, dynamic environment.
Strong attention to detail and ability to manage multiple priorities.
Familiarity with industry-standard secondary marketing tools and technologies.
Ideal Background
Bachelor's degree in finance, economics, or a related field
Experience with Encompass
Experience with managing a Pricing and Product Engine
Benefits List
What we can offer:
Compensation: competitive salary with a meaningful stake in the company via equity and our performance bonus program and 401k plan
Health & well-being: we’ll invest in your physical and mental well-being with comprehensive medical, dental, & vision benefits, One medical membership, and Talkspace to provide mental health support
Food & meals: in-office snacks and drinks, and $400 monthly stipend towards your lunches or groceries
Commuter benefits: We offer pre-tax deductions for public transportation, rideshare services, and parking expenses to make your commute more affordable and convenient.
Grow together: Company wide orientation for you to successfully onboard and other learning & development opportunities including regular review cycles that feature 360 degree feedback
Play together: quarterly budgets for team and company outings. Use it for team swag, cooking classes or team dinners!
Generous time off: flexible paid time off, sick days, and 11 company holidays
Baby bonding time!: 3 months off for birthing parents and 2 months off for non-birthing parents - fully paid so you can focus your energy on your newest addition
Throughout the interview process, please remember that emails will only be from valon.com emails. We won't ever be asking for any personally identifiable information during the interview process itself. Please reach out to talent@valon.com if you have any requests to verify the authenticity of an outreach.
Valon is an equal opportunity employer that is committed to diversity and inclusion in the workplace. We prohibit discrimination and harassment of any kind based on race, color, sex, religion, sexual orientation, national origin, disability, genetic information, pregnancy, or any other protected characteristic as outlined by federal, state, or local laws. Valon makes hiring decisions based solely on qualifications, merit, and business needs at the time.
View Original Job Posting