Mortgage Secondary Market Associate I (on site) - Griffin, Ga

United Bank

Who We Are:

United Bank offers exciting career opportunities and has a unique company mission and culture. We are an innovative and growing 120-year-old, $2.4 billion Community Bank, that proudly provides Signature Service to our customers, in 19 locations and 11 counties, throughout Middle Georgia.

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What We Offer:

• Career opportunities and growth.
• Competitive benefit package. Benefits include: paid employee health insurance, dental insurance, vision insurance, short-term disability insurance, paid long-term disability insurance, paid life insurance, 401(k) plan with employer contributions, Employee Stock Ownership Plan (ESOP) with employer contributions, flexible spending account (FSA), wellness program, employee assistance program, vacation time, sick time, paid federal holidays, and other unique perks.
• Flexibility
• Unique Culture

Job Title: Mortgage Secondary Market Associate I

Job Summary:

Assists Mortgage Division Manager in monitoring the 1-4 single-family mortgage loan pipeline. Executes best effort lock-in commitments with secondary market investors and in-house loans. Maintains investor approvals by completing required annual certification forms. Monitors various reports to help identify expiring locks, delays, timing issues, etc. Prepares and maintains management reports.

General Description/Duties:

Duties include but are not limited to the following:

• Monitors the rates throughout the day. Assists Loan Originators in special rate programs offered by investors (ie. HomePossible). Locks-in best effort commitments with secondary market investors.
• Monitors expiring locks to ensure loans are closed/shipped prior to expiration date. Makes adjustments, as needed, to ensure locks remain active.
• Responsible for completing annual certification forms required to retain the bank’s secondary market investor approval. These are: Freedom Mortgage, Citizen Bank, HUD, Freddie Mac and USDA.
• Research and answers questions posed by customers, internal department employees, external department employees, and investors.
• Assists Mortgage Division Manager with annual budget process and with tracking loan production and performance based on annual projections.
• Completes weekly Mortgage Division reports.

• Unclosed Locked Loans
• Closed & Scheduled to Close Loans
• Pipeline Report
• Online application reports
• Other reports, as assigned
• Completes monthly Mortgage Division reports.
• MTD YTD Mortgage Loan Production (By Investor)
• MTD YTD Mortgage Loan Production (By Lender w/NGOS tracking)
• MTD YTD Mortgage Loan Production (By Lender)
• MTD YTD Mortgage Loan Production (By Processor, Underwriter & Closer)
• MTD YTD Mortgage NGOS Tracking
• MTD YTD Unclosed Locked Loans
• MTD YTD Closed Loans
• Application volume Analysis
• MLO Pipeline Summary
• Cures
• FHA/VA Denied
• HomePossible and HomeOne Program Loans
• Other reports, as assigned

• Monitors online applications. Submits referrals and applications to an originator when the customer does not choose a specific lender.
• Performs other work-related duties as assigned by supervisor.
• Complies with all Federal and State banking laws and related regulations to include, but not limited to, the Bank Secrecy Act.

Requirements:

• High school education or equivalent required.
• Previous mortgage experience helpful.
• Reasoning skills required.
• Proficient in Excel, Word, PowerPoint
• Strong math skills
• Knowledge of investor and secondary market guidelines preferred.
• Strong written and verbal communication skills.