Secondary Marketing Manager Mortgage

Summary:

The Manager of Secondary Marketing develops and executes strategies to maximize loan sales and profitability by managing relationships with investors, processes and oversees loan pricing, and monitoring market trends. The Manager involves leading cross-functional teams, ensuring regulatory compliance, managing risk and using data analytics to make strategic pricing and securitization decisions for loan products.

Responsibilities:

· Develop and implement strategies for optimizing loan sales and maximizing profitability in the secondary market.

· Oversee the pricing, packaging, and execution of originated mortgage loans for sale to investors.

· Manage, lock, relock and extension request functions to secure investor commitments and manage interest rate risk.

· Monitor and analyze market conditions, including interest rates and competitors’ activities, to inform pricing decisions. Support Fair Lending initiatives and participate in Fair Lending Committee

· Utilize financial models and technology platforms for quantitative analysis, trading and loan securitization.

· Develops and implements strategic direction and process improvements for the Secondary Marketing department

· Develop and maintain strong relationships with mortgage investors, correspondent partners, and other stakeholders.

· Collaborate with teams (stakeholders, sales, operations) to ensure seamless execution of secondary marketing activities.

· Ensure compliance with secondary market requirements and applicable laws and regulations.

· Coordinate the development and launch of new technology and products to meet market needs.

· Provide leadership to the secondary marketing team and operate daily operations

· Create and analyze data to report on market activities, financial performance and risk mitigation strategies to senior management

Qualifications:

· Strong knowledge of mortgage loan products and secondary mortgage market.

· Proficiency in market analysis, data analytics and financial modeling

· Optimal Blue configuration experience required.

· Experience understanding the difference between brokered and correspondent loans.

· Knowledge of loan level price adjustments (LLPA’s)

· Enter new lenders into Optimal Blue

· Manage multiply rate sheets and manually price loans

· Execute concessions and track it in the system

Education:

• High School diploma or equivalent.

• Bachelor’s degree preferred

Other Duties: This job profile is not intended to be an all-inclusive list of job duties and responsibilities, as one may perform additional related duties as assigned to meet the needs of the organization.

Job Type:

Full-time – Onsite

Schedule:

8-hour shift M-F

Weekends when needed.

Payment frequency:

· Paid semi-monthly

Benefits:

· Health insurance

· Dental insurance

· Vision insurance

· Paid time off

· Holiday

· 401k

· Complimentary gym membership

Work Authorization: Must be able to verify identity and employment eligibility to work in the U.S.

WeLoan is proud to be an Equal Employment Opportunity employer. It is our intent to maintain a work environment which is free of harassment, discrimination and retaliation due to age, race religious creed, color, national origin, ancestry, physical disability, mental disability, medical condition, genetic information, marital status, sex (including pregnancy, childbirth, breastfeeding and/or related medical conditions), gender, gender identity, gender expression, sexual orientation, military or veteran status, or any other status protected by federal, state or local laws. Should you require assistance or accommodation due to a disability, you may contact us at (714)-714-755-3600

Job Type: Full-time

Pay: $35.00 - $40.00 per hour

Benefits:

• 401(k)
• Dental insurance
• Health insurance
• Paid time off
• Vision insurance

Experience:

• Secondary Marketing: 5 years (Required)
• Brokered Loans : 3 years (Required)
• Optimal Blue : 3 years (Required)
• Loan Level Price Adjustments: 3 years (Required)

Work Location: In person