Secondary Marketing Analyst in Bethesda, Maryland at Presidential Bank FSB
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Job Description
Presidential Bank Mortgage, a division of Presidential Bank, FSB; an innovative, growing and well-respected mortgage banker is seeking a Secondary Marketing Analyst to contribute to our mortgage division.
The Secondary Marketing Analyst is responsible for a variety of activities relating to pricing, hedging, funding, purchase and sale of mortgage loans.
· Process new lock requests, lock extension requests, lock revisions, relocks, and rate renegotiations with investors
· Maintain appropriate service levels for requests received from internal staff
· Assist internal staff with questions regarding policies, procedures, scenarios, and guidelines
· Obtain investor purchase advice and research execution variances as needed
· Comply with all policies and procedures
· Complete MERS transfers
· Assist team with investor recertifications while managing the approved investor list
· Manage investor guidelines ensuring Guideline Guru is up to date with correspondent and wholesale partners
· Develop, update, and analyze key production and pipeline reports to support forecasting, capacity planning, and strategic decision making
· Provide cross-functional support by acting as backup for key team functions during absences or high-volume periods
· Other projects or duties as assigned
Requirements:· College graduate with background in business, economics, or finance preferred; or significant experience at the management level in a banking, mortgage banking, or credit union credit operation. Equivalent experience and formal training may substitute for degree.
· Experience with mortgage pricing engine(s) and loan origination system(s) preferred.
· Proficient in Excel
· Experience creating, maintaining, and analyzing reports for the business
· Demonstrated ability to make complex decisions regarding a variety of financial activities.
· Must be able to work effectively under pressure and tight deadlines.
· Must be a self-starter.