Secondary Marketing Analyst

Company: United Nations Federal Credit Union
Location: New York
Posted on: May 28, 2023

Job Description:

This position is hybrid. NYC Salary range: $83,160- $93,000 annually; compensation is commensurate to geographic location. Responsible for participating in daily pricing and the execution of the profitability strategy of UNFCU mortgage products. Assist in the management of the investor, agency and vendor relationships associated with the development, pricing, securing, and selling of mortgage products. Responsible for creating, maintaining, and distributing the daily retail rate sheets. Assist in analyzing and managing interest rate and credit risk for mortgage loans related to maintaining loans in portfolio and selling loans into the secondary market. Participate in investor reporting requirements, including annual updates. Regardless of seniority or role, uphold UNFCU's mission, core values, and guiding principles by providing an exceptional service experience to colleagues and members alike through consistent demonstration of our service excellence behaviors.Prepare, maintain, and publish daily rate sheets including maintenance of Intranet and Mortgagebot/UNFCU Mortgage Centre site (UNFCU.org). Ensure distribution to all appropriate channelsPerform lock desk functions such as validate, accept, change, extend, and maintain all lock-in recordsMonitor compliance with each secondary agency's policies, guidelines and procedures. Interpret investor guidelines and apply them to the development of products, underwriting, and loan policies to ensure the saleability of loans in the secondary market. Maintain open communication and assist in the coordination of sales activities with Accounting, Mortgage Operations and Underwriting Departments to ensure saleable profitable loansAssist in providing training to staffAssist in the preparation of reports for Senior ManagementAssist as a liaison between UNFCU and investorsAssist in the sale of mortgage loans, ensuring best execution in the secondary marketSurvey, analyze, and recommend, on a daily basis, interest rate changes to all products, as required and indicated by market and risk conditionsInteract with internal and external audit examiners to discuss loan sale history and risk analysisAssist with roll out of new productsSupport Sales and Operations staff with all pricing related inquiriesBachelor's degree or equivalent with prior secondary marketing/lock desk experience preferredStrong mathematical / analytical skills and deductive reasoning Good working knowledge of Microsoft ExcelPDN-99253cf0-a5ee-4a59-ab14-ab5df599df21

Keywords: United Nations Federal Credit Union, New York , Secondary Marketing Analyst, Professions , New York, New York