GENERAL SUMMARY:

ESSENTIAL DUTIES AND RESPONSIBILITIES:

• Manages whole loan agency cash and MBS including coordinating the settlement process with the Accounting & Finance Departments.
• Process and review daily QRM position reports for cash window delivery
• Helps develop and maintain Secondary Marketing daily/monthly P/L attribution reporting.
• Manages QRM inputs of trades/commitments.
• Provides high level management and strategy on the implementation and integration of Optimal Blue with Encompass.
• Responsible of maintaining QRM monthly/Quarterly updates including system upgrades.
• Has in-depth knowledge of pipeline hedging concepts and can manage the secondary marketing hedge position with no supervision including the daily and monthly QRM position reconciliation and validation process.
• Experience with Tradeweb and is authorized to execute TBA hedge trades on Kinecta’s behalf.
• Responsible for managing pipeline MSR values in QRM including system and technology updates with Mountain view and QRM.
• Participates in managing counter-party risk with secondary market investors including annual investor certifications.
• Coordinates loan sale strategy in Accounting/Finance/Residential Lending
• Maintains counterparty TBA margin requirements including monthly TBA pair-off wires.
• Promotes best execution hedging and delivery strategies.
• Responsible for all aspects of agency (FNMA/FHLMC/FHLB/GNMA) loan delivery
• Manages the entire GNMA MBS process including the GNMA responsibilities with Loan Servicing, Accounting and Audit/Compliance.
• Ensures Department procedures are complete and updated.
• Meets with internal and external auditors to demonstrate compliance with department procedures
• Understand and maintains a thorough knowledge of Residential Lending Products and provides industry best practices feedback.
• Work independently on special project
• Ability to work under pressure

• Experience managing MBS delivery and pipeline management.
• Strong understanding of best execution strategies.
• Background or understanding of pricing and hedging concepts.
• Working Knowledge of QRM Risk Framework.
• High degree of PC literacy, including spreadsheet (including Excel VBA) and SQL database applications and programing.
• Excellent communication skills – phone, personal contact and written.
• Maintains effective communication and working relationship with manager, co-workers, branches, and home office departments.
• Able to work as part of a team as well as independently, and with people of diverse backgrounds.
• Possess good judgment, ability to accept responsibility and handle confidential information.
• Must be a self-starter, dependable, accurate in completing responsibilities with strong attention to detail.
• Professional in standards, skills, and manner of dealing with others.
• Ability to accept and facilitate change.
• Ability to work quickly and accurately under pressure.
• Ability to analyze information and make decisions.

• Bachelor’s degree in Business/Economics or related field of study or comparable experience.
• Minimum five years’ experience as a Secondary Marketing Manager.
• Excellent writing skills, detail oriented, and strong mortgage product knowledge including both government and conventional loans.
• Five to six years of experience as a financial analyst preferred.

WORKING CONDITIONS:

• The working environment is generally favorable. Lighting and temperature are adequate, and there are no hazardous or unpleasant conditions caused by noise, dust, etc.
• The job may require flexibility with regards to scheduling days, hours, and work location, depending on business needs.
• The job is typically sedentary but may require standing and walking up to 35% of the work time to transfer files, ask questions, and related activities.
• Required to travel to work sites or other sites for events

PHYSICAL ABILITIES, MENTAL DEMANDS, AND WORK ENVIRONMENT