Secondary Marketing Manager

Cambria•Eden Prairie, MN

4d•$80,000 - $120,000

About The Position

Cambria has an excellent opportunity for a motivated, enthusiastic individual seeking a challenging and rewarding opportunity in a fast-paced environment. At Cambria Mortgage we are committed to providing the highest level of customer service. All inquiries will be confidential. The Secondary Market Manager will be responsible for the development and administration of secondary loan market and funding initiatives including individual loan sales as a correspondent, bulk sales, wholesale funding and liquidity management. This role will act as a liaison to investors and funding sources and works to maintain favorable relationships and will also be responsible for all aspects of pricing, loan locking and delivery. The Secondary Market Manager will be involved in all aspects of managing the loan production pipeline to ensure loans are produced, shipped, and delivered in an efficient manner.

Requirements

Demonstrated analytical skills
Proven flexibility and adaptability
Possess high energy and positive attitude
Strong, influential leadership skills and experience
High attention to detail and ability to problem solve
Exceptional interpersonal, verbal and written communication skills
Ability to work extended hours and outside the office as necessary
Strong PC skills (Google, Microsoft Word, Excel)
Bachelor’s Degree in a related field preferred
Minimum 5 years’ relevant experience
Office position requiring telephone and computer use

Responsibilities

Manage the daily mortgage pricing for portfolio and correspondent investors
Confirm lock requests as needed on best efforts pipeline and maintain all lock request changes, reconciliations and extension requests
Monitor rate lock information for data integrity and expiration dates; communicates discrepancies to the Loan Officer or Operations
Provide expertise and serve as a resource to all loan officers regarding common practices for lock-in policies and procedures in the mortgage banking industry
Coordinate and execute all aspects of bulk loan sales including pool creation, due diligence requests, closing and funding and post-sale servicing
Perform analysis and assessment regarding liquidity requirements, contractual obligations, contingent risks, as well as cash flow forecasting and stress testing
Oversee cash positioning, liquidity reporting and forecasting, short-term borrowing, hedging and bank relationship management.
Prepare periodic management reporting and ensure compliance with liquidity policies and guidelines
Maintain an understanding and competency with respect to software and other systems required to perform the duties of the position