What are the responsibilities and job description for the Product Development Specialist position at JBA International?
Your Role: As a Product Development Specialist, you will be responsible for maintaining and updating underwriting guidelines, analyzing competitor products and supporting the rollout of new product offerings. This role will also work to ensure our products stay competitive and compliant. The position will provide support to the Exception & Scenario and Credit Team and the Secondary Department as needed. This role will report to the Senior Transaction Manager.
Key Responsibilities:
- Maintain and update underwriting guidelines across all origination channels, including proprietary products and investor programs
- Ensure timely and accurate distribution of updated guidelines, checklists, and related materials to internal teams and product pricing engines
- Manage new product and investor rollouts in collaboration with Compliance, Underwriting, Secondary, Closing, and Training teams
- Support training efforts with clear materials for Sales and Operations
- Conduct competitor and market analysis to identify gaps and recommend enhancements
- Coordinate guideline revisions with internal teams and maintain internal databases
- Support the Exception & Scenario team on loan-specific questions
- Assist with guideline analysis for bulk bidding and investor comparisons
- Perform additional duties as assigned by management
- Ad hoc responsibilities as determined by management from time to time and in its sole discretion
Qualifications:
- Bachelor’s Degree in finance or related field preferred
- Minimum five years’ work experience either in the lending industry or related field.
- Industry experience preferred but not required
- Proficiency in Microsoft Office
- Strong analytical and communication (written/oral) skills
- Must be flexible and adaptable to change
- Strong attention to detail
- Proximity to Stamford (CT) or Irvine (CA) for occasional travel to the office preferred
PERKS and BENEFITS
At LMC we believe our employees are our greatest asset. We know that happy employees are productive employees, which is why we offer a comprehensive benefits package and perks including:
- A flexible work environment offering remote and hybrid opportunities
- Paid vacation, sick and personal days
- Medical, dental & vision plans
- 401k with employer matching contribution
- Short- and long-term disability plans
- Voluntary Life & AD&D insurance
- Pet Insurance options
- Healthcare, Dependent Care and Transit FSA
- PTO/parental leave
- Free parking when onsite
- Casual dress code when in office (Dress for Your Day)
- Free financial counseling, health coaching and employee assistance program
We are building a diverse and inclusive workforce where we provide equal opportunities to all employees and applicants for employment without regard to race, religion, color, age, sex, national origin, sexual orientation, gender identity, genetic disposition, disability, veteran status or any other protected category under federal, state or local law.
The salary range for this role is $70,000.00 to $90,000.00. Salary offered may vary based on factors, including, but not limited to, the successful candidate’s relevant knowledge, skills, experience and location.
Salary : $70,000 - $90,000