Description

Summary/Objective

This position is responsible for providing broad based administrative, accounting and reporting support to department management, coordinating the processes for secondary market operations and executing and monitoring all lock desk and loan pricing activities in a timely and accurate manner.

Essential Functions

Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

• Retrieve pricing files and upload to Affiliate and the LOS each morning or at the time of a pricing change.
• Confirm and monitor incoming rate locks.
• Monitor expiring rate locks.
• Reconcile rate locks from the previous day.
• Commit loans to Investors.
• Prep, prepare, and ship committed loans for Certification and funding.
• Verify Investor numbers match MMS morning of loan funding.
• Change Investor on loans day of funding on servicing system.
• Update info in LOS.
• Inventory Promissory Note drawer each month.
• Verify trade settlement numbers each month.
• Confirm daily trades via email
• Perform other related duties as assigned.
• Works with Secondary Marketing Analyst on MBS Pools.
• Creates and monitors department policies and procedures for approval.

Competencies

• Ensure maintenance of confidentiality and compliance regulations.
• Maintain a professional, friendly and helpful relationship with all staff and members.
• Performs all essential job functions and responsibilities in a timely and professional manner.
• Observes all MMS guidelines and policies.

Work Environment

This job operates in a professional office environment. This role routinely uses standard office equipment such as computers, phones, and photocopiers.

Physical Demands

While performing the duties of this job, the employee is regularly required to stand or sit, talk, hear, and use hands and operate a computer, telephone, and keyboard. Light to moderate lifting may occasionally be required.

Disclaimer

This job description is designed to provide a general overview of the requirements of the job and does not entail a comprehensive listing of all activities, duties, or responsibilities that will be required in this position.

Qualifications

Required Education and Experience

• AA degree
• Six months to two years of related experience preferred.
• Strong mathematical aptitude.
• Proficient in Microsoft Word and Excel.
• Ability to uphold professionalism when interacting with members and coworkers.
• Exceptional verbal and written communication abilities with a proven track record of maintaining confidentiality.