Secondary Market Manager

CFBank • Columbus, OH

7d • Onsite

About The Position

The Secondary Market Manager position is responsible for developing and administering secondary market initiatives and managing the lock desk function. This position acts as a liaison to investors and works to maintain favorable relationships with internal and external partners, reporting directly to the President of Residential Mortgage Lending.

Requirements

• Manages mortgage investor relationships and related functions, while also managing the lock desk overall including loans that will be placed in the portfolio.
• Works with senior leadership to determine mortgage loan pricing strategy and administers related processes and systems.
• Provides input to strategic decisions that affect the functional area of responsibility.
• Ensures accurate and meticulous data input of lock information into our LOS (Encompass) database including trade and pricing information related to sales of mortgage loans.
• Locks loans with investors and monitors and maintains pipeline; researching and completing re-locks, lock revisions, and lock extension requests in a timely and professional manner.
• Provides support to shipping and post-closing departments.
• Offer recommendations and work collaboratively to streamline and improve processes and perform other related duties as assigned.
• Comply with internal security policies and procedures and maintain customer confidentiality at all times.
• Adhere to all regulations, policies, and record-keeping requirements.
• Complete all required training related to bank regulations and policies.
• Accept other responsibilities and projects as requested to add value for CFBank.

Responsibilities

• Manages mortgage investor relationships and related functions, while also managing the lock desk overall including loans that will be placed in the portfolio.
• Works with senior leadership to determine mortgage loan pricing strategy and administers related processes and systems.
• Provides input to strategic decisions that affect the functional area of responsibility.
• Ensures accurate and meticulous data input of lock information into our LOS (Encompass) database including trade and pricing information related to sales of mortgage loans.
• Locks loans with investors and monitors and maintains pipeline; researching and completing re-locks, lock revisions, and lock extension requests in a timely and professional manner.
• Provides support to shipping and post-closing departments.
• Offer recommendations and work collaboratively to streamline and improve processes and perform other related duties as assigned.
• Comply with internal security policies and procedures and maintain customer confidentiality at all times.
• Adhere to all regulations, policies, and record-keeping requirements.
• Complete all required training related to bank regulations and policies.
• Accept other responsibilities and projects as requested to add value for CFBank.

Benefits

• Dependent coverage
• Generous PTO
• Federal Holidays
• Paid Parental Leave
• 401k Plan and Employee Match of 50% of the first 8% deferred
• Employee Banking Products and Services
• Direct Deposit of payroll to CFBank Account
• Employee Assistance Program

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: No Education Listed