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Momentum Loans
Sandy, UT | Full Time
$50k-71k (estimate)
3 Weeks Ago
Mortgage Lock Desk - Secondary Specialist
$50k-71k (estimate)
Full Time 3 Weeks Ago
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Momentum Loans is Hiring a Mortgage Lock Desk - Secondary Specialist Near Sandy, UT

We are a mortgage company that does things a little bit differently. We love technology, we love great people and we are relentless in our drive to deliver the best value possible to our customers. Join our team today!

The Lock Desk & Secondary Specialist will interface across departments and with investors and banks to ensure loans are locked, funded and sold correctly, loans are reconciled, and lock commitments are appropriately hedged. The candidate must be a team player and have an aptitude for customer service. The position requires strong attention to detail, self-initiative and time management, and a friendly and professional interaction with employees, clients, and vendors. Responsibilities include but are not limited to:

· Locking loans, managing pricing concessions, and facilitating lock changes and updates

· Maintaining the company’s product pricing engine

· Selling loans to investors and managing the company’s interest rate risk exposure

· Improving pricing and loan operating systems’ connectivity and flows

· Monitoring hedging reports to ensure interest rate risk is appropriately mitigated

· Overseeing loan settlement, servicing and transfers, as well as ensuring all funds due are received/paid

· Reconciling funded and sold loans and posting entries to the loan operating system and general ledger

· Streamlining and automating accounting and operational processes while improving controls

· Providing outstanding borrower experience by providing outstanding service to our sales team

· Coordinating with and assisting the production, operations, and other departments as necessary

Qualifications and Education Requirements

· 1-3 years’ related experience in a lock desk / secondary role

· Associate or Bachelor’s degree (preferably in accounting/business/finance)

· Expertise in secondary administration in OptimalBlue is a MUST

· Proficient in MS Excel; comfortable leveraging technology

· Detail oriented, dependable, efficient, and self-motivated

· Able to handle competing priorities effectively within established timeframes

· Excellent interpersonal and communication skills to effectively deal with employees, clients and vendors – must be able to work as part of a team

· Punctual, motivated, positive, and hard working with an ability to embrace change

· This is NOT a remote opportunity. Individuals hired must work out of our Sandy, Utah location

Preferred Skills

· Knowledge and experience with accounting and secondary market mortgage products and pricing

Additional Notes

My Move Mortgage is an Equal Opportunity Employer that hires and promotes individuals solely on the basis of their qualifications for the job to be filled regardless of race, color, religion, national origin, gender, sexual orientation, age, marital status or disability. We expect and require the cooperation of all associates in maintaining a discrimination and harassment free environment.

Job Type: Full-time

Benefits:

  • 401(k)
  • Dental insurance
  • Flexible spending account
  • Health insurance
  • Life insurance
  • Paid time off
  • Retirement plan
  • Vision insurance

Grade levels:

  • High school

Schedule:

  • Monday to Friday

Education:

  • Bachelor's (Preferred)

Experience:

  • Lock/Secondary: 3 years (Required)
  • Optimal Blue: 2 years (Required)

Work Location: In person

Job Summary

JOB TYPE

Full Time

SALARY

$50k-71k (estimate)

POST DATE

04/24/2024

EXPIRATION DATE

08/20/2024

WEBSITE

momentumloans.com

HEADQUARTERS

Sandy, UT

SIZE

25 - 50

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