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Secondary Market Jobs (NOW HIRING)

Originate portfolio loans, secondary market conventional, FHA, VA and RD loans which are compliant with investor requirements and all State and Federal laws and regulations; Promote Bank products and ...

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Secondary Market information

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$43.5K

$54.5K

$70.5K

How much do secondary market jobs pay per year?

As of Aug 17, 2026, the average yearly pay for secondary market in the United States is $54,532.00, according to ZipRecruiter salary data. Most workers in this role earn between $49,000.00 and $58,500.00 per year, depending on experience, location, and employer.

What is the secondary market?

The secondary market refers to a financial market where investors buy and sell securities they already own, rather than purchasing them directly from the issuer. Common examples include stock exchanges like the NYSE or NASDAQ, where shares of companies are traded among investors. The secondary market provides liquidity, enabling investors to quickly buy or sell assets. It plays a crucial role in determining the market value of securities through supply and demand. This market is essential for the efficient functioning of the overall financial system.

What are some common challenges faced when working in the secondary market, and how can professionals effectively navigate them?

Professionals working in the secondary market often encounter challenges such as fluctuating asset values, limited liquidity for certain instruments, and the need to stay updated on market regulations. Navigating these challenges effectively requires strong analytical skills, adaptability to changing market conditions, and proactive communication with clients and colleagues. Building a robust professional network and staying informed through industry news and data platforms can also help secondary market professionals make informed decisions and identify new opportunities.

What are the key skills and qualifications needed to thrive as a secondary market specialist, and why are they important?

To thrive as a Secondary Market Specialist, you need strong analytical skills, a solid understanding of financial markets, and typically a degree in finance, business, or a related field. Familiarity with trading platforms, market analysis tools, and financial modeling software is crucial, along with relevant certifications such as FINRA licenses. Excellent communication, attention to detail, and the ability to make quick, informed decisions under pressure are essential soft skills. These competencies ensure effective market transactions, risk management, and the ability to maximize value for clients and organizations in a fast-moving environment.

What is the difference between Secondary Market vs Real Estate Agent?

AspectSecondary MarketReal Estate Agent
Required CredentialsVaries by asset type, often no formal license for tradingReal estate license required
Work EnvironmentFinancial markets, trading floors, online platformsReal estate offices, property sites, client meetings
Industry UsageFinance, investment, securitiesReal estate sales, property transactions
Search & Comparison IntentInvesting, trading, asset liquidityBuying/selling property, client representation

The Secondary Market involves trading existing financial assets or securities, often with less formal licensing, and is centered around investment and liquidity. In contrast, a Real Estate Agent focuses on property transactions, requiring specific licensing and working directly with clients to buy or sell real estate. While both roles operate within the broader financial and property industries, their functions, environments, and credentials differ significantly.

More about Secondary Market jobs

What cities are hiring for Secondary Market jobs?

Cities with the most Secondary Market job openings:

What are the most commonly searched types of Secondary Market jobs?

The most popular types of Secondary Market jobs are:

What states have the most Secondary Market jobs?

States with the most job openings for Secondary Market jobs include:

Infographic showing various Secondary Market job openings in the United States as of August 2026, with employment types broken down into 84% Full Time, 13% Part Time, and 3% Contract. Highlights an 86% Physical, 4% Hybrid, and 10% Remote job distribution, with an average salary of $54,532 per year, or $26.2 per hour.

$23.69 - $32.57/hr

Full-time

Posted 20 days ago


Job description

Description

Rollstone Bank and Trust is a community bank supported by the strength of our shared services organization, River Run, and banking affiliates Newburyport Bank and Pentucket Bank. Together, we shape the evolution of community banking through innovation and strong partnerships, while preserving the heartfelt service our customers value. Here, you will discover opportunities for professional growth, make a meaningful impact in your local community, and join a team that champions integrity, respect, teamwork, and continuous progress. Where you matter most. 


The Secondary Market Specialist administers and maintains the Bank's secondary market loan portfolio through accurate investor reporting, reconciliations and remittances. This role also researches and resolves reporting discrepancies, monitors account balances, and ensures compliance with investor and internal requirements, and performs a variety of residential loan servicing functions, including processing payoff quotes, payoffs, loan maintenance, and customer servicing requests.

 
 

Essential Job Functions

  • Prepare daily and monthly investor remittances, reporting, reconciliations, and ensure compliance for Fannie Mae, Freddie Mac, Federal Home Loan Bank, and other secondary market investors. 
  • Administer secondary market activities throughout the loan lifecycle, including reporting, investor compliance, transaction processing, and resolving reporting, investor account, and custodial balance discrepancies. 
  • Prepare General Ledger and Custodial account reconciliations, monitor internal accounts daily, and promptly resolve out-of-balance items. 
  • Process loan servicing requests, perform loan maintenance and research, and complete customer requests through the ticketing system and other channels. 
  • Serve as backup for critical residential and consumer loan servicing functions, including loan boarding, lien releases, and payment processing. 
  • Maintain current knowledge of bank products, services, policies, procedures, and regulatory requirements through ongoing training, ensuring compliance with federal and state regulations, the Bank Secrecy Act (BSA), and internal bank policies while safeguarding the Bank's interests.

Requirements

 Qualifications, Experience, and Education

  • High school diploma or equivalent. 
  • Minimum 5 years of loan servicing experience, including familiarity with Fannie Mae and/or Freddie Mac servicing requirements.
  •  Proficiency with Microsoft Office and other standard business applications. 
  • Strong customer service, attention to detail, organizational skills, and the ability to work independently and collaboratively in a team environment.

Rollstone Bank and Trust is an Equal Opportunity Employer and all qualified applicants will receive consideration for employment without regard to race, color, ancestry, national origin, gender, sexual orientation, marital status, religion, age, disability, gender identity, results of genetic testing or service in the military.


If you are an individual with a disability and require a reasonable accommodation to complete the application process, you may contact Human Resources at hr@riverrun.com or call 978-462-3136.


The salary range represents an estimate based on market data for this position. Final compensation decisions are made based on experience, skills, and internal equity to ensure fairness and consistency across our organization.