Mortgage Secondary Market Specialist

Tinker Federal Credit Union•Denton, TX

1d•$27 - $52•Onsite

About The Position

Tinker Federal Credit Union’s Real Estate Lending department has an immediate opening for a Secondary Market Specialist I,II,Senior. This is an exciting opportunity to join one of the nation’s leading credit unions! We offer competitive pay, a robust benefits package, a “smart casual dress code” and much more! We want you to work and grow at TFCU, so there will be many opportunities for professional development and growth through training and continued education. We value you at TFCU!

Requirements

Knowledge of secondary mortgage markets and investor requirements, including Fannie Mae, Freddie Mac, Federal Housing Administration (FHA), VA, and United States Department of Agriculture (USDA) programs, as well as mandatory versus best efforts execution strategies.
Knowledge of the mortgage loan life cycle, including origination, pricing, lock management, loan boarding, servicing, escrow administration, accounting interfaces, and loan sale execution.
Knowledge of real estate practices, mortgage lending regulations, and compliance requirements, including government lending programs and TILA‑RESPA (TRID) rules related to changed circumstances and fee tolerances.
Knowledge of loan pricing structures, margin management, and competitive market dynamics, with the ability to analyze investor pricing, competitor rates, fallout trends, and pipeline risk.
Strong analytical, problem solving, and decision-making skills to evaluate complex scenarios, pricing exceptions, and risk factors, and to recommend tactical margin or execution adjustments.
High level of accuracy, attention to detail, and ability to handle confidential information, supported by strong organizational and administrative skills.
Effective written and verbal communication skills, including the ability to explain complex pricing concepts and market movements to loan officers, management, and external partners.
Proficiency with mortgage and pricing systems and business tools, including Microsoft Office, Optimal Blue, Encompass, or similar pricing and loan origination platforms, and the ability to work collaboratively in a team environment.
NMLS License.
SAFE Act registration required.

Nice To Haves

Secondary market lock desk experience is preferred for Level I.
A professional designation such as an Accredited Mortgage Professional (AMP) or Certified Mortgage Banker (CMB) from the Mortgage Bankers Association (MBA) is preferred for levels I and II.

Responsibilities

Managing the secondary market process, including rate locks, loan commitments, and the sale of applicable mortgage loans to investors.
Maintains accurate investor records and provides monthly reports to management.
Pricing, hedging, and sale of mortgage loans to investors.