About the Position

Location: Lexington, SC

The Secondary Marketing Lock Desk and Analytics Specialist will be responsible for the day-to-day duties of the rate lock desk and periodic analytical reports as a part of the mortgage department. Primary responsibilities are:

• Reviewing, processing, locking, extending, and revising mortgage loan rate lock requests, and
• Developing and generating mortgage department analytics to be shared with senior executives of the Bank, and
• Performing ad hoc duties assigned while maintaining a customer service focus in an extremely fast, multi-tasking, and deadline-driven environment.

• Lock, update, and extend loans in investors’ websites, the mortgage pricing engine, and the loan origination system (LOS)
• Maintain the pricing engine with desired investors, products, and gain-on-sale margin.
• Ensure that secondary marketing locks submitted by loan officers meet the Mortgage Department’s required profit margin.
• Ensure that revisions to loans are re-priced to meet margin by monitoring pricing and appraisal alerts in the LOS. Notify the Disclosure Desk and Loan Officer of revised pricing.
• Record pricing exceptions and revenue leaks including extension fees and secondary marketing operating errors, in the appropriate logs. Ensure that pricing exceptions have been approved per Mortgage Policy
• Process investor purchase advices ensuring accuracy. Upload and input data into LOS and into Gain on Sale log.
• Write and maintain job duty procedures.
• Support Loan Officers with pricing scenarios and questions.
• Transfer purchased loans in MERS and assist supervisor with quarterly reconciliation reviews between the servicing and MERS systems.
• Perform SOX reviews ensuring that new borrower data input into the servicing system is accurate. Document review in ImageCentre.
• Develop and generate extensive reporting and analytics for the mortgage department to be shared with executive leadership and the Bank’s Board of Directors.
  

• Bachelor’s degree in business or related field and 3-5 years of mortgage banking experience, or an equivalent combination of education and experience.
• Knowledge of rate desk workflow and lock related systems.
• Intermediate to advanced knowledge of Microsoft Excel
• Effective oral and written communication skills.
• Ability to compute basic to moderately complex math calculations.
• Proficiency in using personal computers and office products (e.g., Word, Excel, PowerPoint). 
• Ability to multi-task.
• Experience using Encompass and Optimal Blue preferred.