How much does a Secondary Market Analyst make in Kentucky? The average Secondary Market Analyst salary in Kentucky is $65,663 as of February 26, 2024, but the range typically falls between $52,130 and $76,495. Salary ranges can vary widely depending on the city and many other important factors, including education, certifications, additional skills, the number of years you have spent in your profession.

Secondary Market Analyst Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Secondary Market Analyst Salary $39,809 KY February 26, 2024
25th Percentile Secondary Market Analyst Salary $52,130 KY February 26, 2024
50th Percentile Secondary Market Analyst Salary $65,663 KY February 26, 2024
75th Percentile Secondary Market Analyst Salary $76,495 KY February 26, 2024
90th Percentile Secondary Market Analyst Salary $86,357 KY February 26, 2024
25% $52,130 10% $39,809 90% $86,357 75% $76,495 $65,663 50%(Median) Didn’t find job title? Click
Change Search Criteria

What skills does a Secondary Market Analyst need?

Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.

1.

Initiative: Taking decisive action and initiating plans independently to address problems, improve professional life, and achieve goals.

2.

Financial Risk Management: Financial risk management is the practice of economic value in a firm by using financial instruments to manage exposure to risk: operational risk, credit risk and market risk, foreign exchange risk, shape risk, volatility risk, liquidity risk, inflation risk, business risk, legal risk, reputational risk, sector risk etc. Similar to general risk management, financial risk management requires identifying its sources, measuring it, and plans to address them. Financial risk management can be qualitative and quantitative. As a specialization of risk management, financial risk management focuses on when and how to hedge using financial instruments to manage costly exposures to risk. In the banking sector worldwide, the Basel Accords are generally adopted by internationally active banks for tracking, reporting and exposing operational, credit and market risks.

3.

Mortgage Lending: A mortgage loan is a secured loan that allows you to avail funds by providing an immovable asset, such as a house or commercial property, as collateral to the lender.

Initiative 3.33%
Financial Risk Management 2.22%
Mortgage Lending 2.22%
Others 92.23%

Job Description for Secondary Market Analyst

Secondary Market Analyst administers all secondary mortgage market duties that aid in the selling and purchasing of loans. Analyzes mortgage loan portfolios, securities, and mortgage-related investments and considers market trends and economic conditions to evaluate the risk and return of a loan sale or purchase. Being a Secondary Market Analyst creates reports and models to forecast asset performance and works with internal stakeholders to make recommendations. Complies with secondary market regulations and company protocols. Additionally, Secondary Market Analyst may require a bachelor's degree in a related area. Typically reports to a manager. The Secondary Market Analyst occasionally directed in several aspects of the work. Gaining exposure to some of the complex tasks within the job function. To be a Secondary Market Analyst typically requires 2 -4 years of related experience. (Copyright 2024 Salary.com)... View full job description

Employers: Job Description Management Tool

See user submitted job responsibilities for Secondary Market Analyst.

Salary.com job board provides millions of Secondary Market Analyst information for you to search for. Click on search button below to see Secondary Market Analyst job openings or enter a new job title here.

Job Openings for Secondary Market Analyst in Kentucky

Select a city to view specific salary and bonus information for Secondary Market Analyst

Loading results...
Location Avg. Salary Date Updated
Location Aberdeen, KY Avg. Salary $62,244 Date Updated February 26, 2024
Location Adairville, KY Avg. Salary $63,282 Date Updated February 26, 2024
Location Adams, KY Avg. Salary $61,769 Date Updated February 26, 2024
Location Adolphus, KY Avg. Salary $64,570 Date Updated February 26, 2024
Location Ages Brookside, KY Avg. Salary $60,471 Date Updated February 26, 2024
Location Albany, KY Avg. Salary $63,535 Date Updated February 26, 2024
Location Alexandria, KY Avg. Salary $68,182 Date Updated February 26, 2024
Location Allen, KY Avg. Salary $61,769 Date Updated February 26, 2024
Location Allensville, KY Avg. Salary $63,056 Date Updated February 26, 2024
Location Almo, KY Avg. Salary $62,244 Date Updated February 26, 2024

Career Path for Secondary Market Analyst

A career path is a sequence of jobs that leads to your short- and long-term career goals. Some follow a linear career path within one field, while others change fields periodically to achieve career or personal goals.

For Secondary Market Analyst, the first career path typically starts with a Mortgage Loan Officer III position, and then progresses to Mortgage Lending Assistant Manager.

Additionally, the second career path typically progresses to Secondary Market Manager.

Not the job you're looking for? Search more salaries here:
See if your skills match up? Check skills for Secondary Market Analyst

Are you an HR manager or compensation specialist?

Salary.com's CompAnalyst platform offers:

  • Detailed skills and competency reports for specific positions
  • Job and employee pricing reports
  • Compensation data tools, salary structures, surveys and benchmarks.
Learn about CompAnalyst
Secondary Market Analyst Salary in Kentucky
Secondary Market Analyst Salary Graph, Regional Distribution and Summary