Key Areas of Responsibility
Processing locks, extensions, and re-locks to the Broker, ensuring accurate pricing is given.
Processing commitments - both Best Efforts and Mandatory - with investors, and ensuring that accurate pricing is in the system. Maintaining trade data with hedge analytics vendor.
Managing investor commitment expiration dates.
Shares in oversight of department activity in absence of Secondary Marketing EVP, including trading and interest rate risk hedging activity.
Responsible for pricing engine programming and maintenance, including understanding investor guidelines and pricing and loan level pricing adjusters. Takes a lead in working with support on technical issues related to the lock desk.
Primary responsibility for pricing all exceptions approved from Regional Underwriter
Participates in creation and distribution of rate sheet and mark-to-market of pipeline.
Accepts all other duties as assigned.
EVP, Secondary Marketing
Internal Departments within Parkside Lending
Ability to work collaboratively - including with peers, management, clients, subordinates, and outside contractors - to achieve departmental and enterprise-wide objectives. Ability to multi-task, be detail-oriented, and meet deadlines in high energy environment.
Strong analytical, problem solving, and organizational skills. Excellent verbal and written communication skills.
Extensive knowledge of mortgage industry, including technical knowledge of pricing strategies and models related to mortgages and hedging.
Advanced Excel skills, familiar with rest of the Microsoft Office Suite
Bachelor's degree or equivalent experience.