Lock Desk Specialist

Parkside Lending Phoenix , AZ 85002

Posted 2 months ago

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.

Consults With

  • EVP, Secondary Marketing

  • Internal Departments within Parkside Lending

  • Management team


  • 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.

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Lock Desk Specialist

Parkside Lending