Job Description
Job Description PrimeLending is a leading national home lender focused on empowering the pursuit of homeownership. We are seeking a Secondary Markets Assistant to provide support to the secondary markets department in the areas of mortgage trading, pricing (locking and scenario quotes), loan maintenance, pricing engine administration, etc. Additional responsibilities include policy, procedure and loan product education, interpretation and application.
Responsibilities - Accept and review rate lock requests from the sales staff
- Research pricing requests and update system with appropriate and required pricing changes
- Develop, implement and administer policies and procedures related to locking and pricing of loans
- Provide guidance and serve as a resource to appropriate branch office staff regarding common practices for lock-in policies and procedures through various methods of communication (including, but not limited to, a phone queue and email inbox)
- Prepare and monitor various management level reports
- Act as liaison for the company between outside investors and other internal departments regarding the sale and delivery of closed loan transactions
- Maintain a professional image and adheres to standards consistent with company policies and procedures
- Other duties as assigned or required
Qualifications - High School Diploma required, Bachelor's Degree preferred
- Minimum 2 years' experience in the mortgage banking or financial services industry
- Working knowledge of mortgage loans and an understanding of pricing required
- Experience in Capital/Secondary Markets or lock desk preferred
- Demonstrated knowledge and understanding of commonly-used concepts, practices, and procedures within the Secondary Marketing field
- Excellent communication skills, both verbal and written
- Demonstrated ability to interact effectively with various levels and groups within the organization
- Excellent detail orientation and analytical skills
- Ability to meet deadlines and adapt quickly to a rapidly changing environment
- Excellent PC skills, including Microsoft Office Suite
- Demonstrated judgment and decision making ability
- Strong customer service orientation
- Excellent time management, organizational and problem-solving skills
The above statements are intended to describe the general nature and level of work being performed by individuals in, or assigned to, the above position and are not intended to be construed as an exhaustive list of all responsibilities, duties and skills required, and may be changed at the discretion of the Company.
About Us PrimeLending, a PlainsCapital Company®, is a people-first company on a mission to make the home loan process simple and stress-free. Since 1986, we've been working together as a team to support our customers, co-workers and communities and make a positive impact on all the lives of all we serve. Whether on the frontline working directly with customers in our branches or behind the scenes supporting our loan officers, our team members each play a vital role in delivering an outstanding customer experience.
Award-Winning Culture Known for having an empowering, supportive culture, PrimeLending is a place where each individual has an important voice, can be themselves and thrives. Our organization exudes an infectious spirit of optimism and humanity, making PrimeLending a great workplace.
- #7 2023 Energage Top Workplaces in the USA1
- # 11 2023 Energage Top Workplaces in Financial Services1
- Top 25 2023 Fortune Best Workplaces for Women™2
- Top 25 2023 Fortune Best Workplaces in Financial Services™2
- Top 50 2023 Fortune Best Workplaces for Millennials™2
- #11 2023 Fortune Best Workplaces in Texas™2
- Scotsman Guide 2024 Top Workplaces3 (Editor's Pick)
- #7 2023 Dallas Morning News Top Workplaces4
Key Facts About PrimeLending - Established in 1986
- Part of Hilltop Holdings Inc. (NYSE: HTH) a diverse financial services company
- #11 2023 Top Retail Volume, Scotsman Guide
- #15 2023 Top Overall Volume, Scotsman Guide3
- 400+ purchase, renovation, refinance and reverse mortgage products
- National lender with coverage in all 50 states
- 2023 Best-in-Class Lender in 4 categories by MortgageCX5
- Branches located in 42 states
- 96% customer satisfaction rating6
- 4.9 national average star rating on Google
- 22,000+ five star Zillow reviews
1Energage Top Workplaces Awards
2Great Place to Work
3Scotsman Guide
4The Dallas Morning News
5MortageCX
6Survey administered and managed by an independent third party following loan closing. PrimeLending received an overall 96% Customer Satisfaction Rating for the period 1/1/23-12/31/23.
About the Team PrimeLending's Secondary department is a vital component of our organization's operations. We are dedicated to managing the secondary market activities, which involve the buying and selling of mortgage loans after they have been originated to investors such as government-sponsored enterprises (GSEs), institutional investors, and other financial institutions. These activities help PrimeLending manage our loan portfolios, generate liquidity, and maintain a steady flow of funds for lending operations. Our department plays a crucial role in maximizing profitability, minimizing risk, and maintaining strong relationships with investors and other market participants.
Job Tags
Work at office, Day shift,