Investor Reporting and Mortgage Pricing

WHAT YOU WILL DO EVERYDAY

As an Investor Reporting and Mortgage Pricing Specialist you will be responsible for managing the day-to-day locking of mortgages maintaining the integrity of the loan pricing system distributing daily hedging reports coordinating with investors to determine product eligibility and pricing and executing investor reporting and compliance functions across Freddie Mac Fannie Mae (FNMA) and FHLBI. You will be accountable for building and maintaining valuable relationships with outside vendors and managing secondary market operations and investor reporting for product lines including but not limited to FHLBI Fannie Mae and Freddie Mac Loans.

Direct Reports: None

HOW YOU WILL MAKE AN IMPACT

25% Manage preparation analysis and submission of financial and performance information to Secondary Market Investors. This includes generating and submitting reports collaborating with internal teams and maintaining detailed records.

25% Manage the sale of best effort/mandatory loan sales as defined by the secondary sales policy. Including but not limited to electronic delivery and updating commitment number investor loan information delivery date pricing etc.

15% Collaborate the day-to-day relationship with pricing engine hedging analytics partner Finance and Accounting team.

15% Works with Investors to reconcile loan and reporting issues buy-backs settlements etc.

10% Monitor Investor Guide for compliance updates via bulletins lender letters and advisories to ensure Interra is compliant to their standards.

10% Assist in the writing and revision of secondary market sales policy and procedures rate lock policy and procedures and hedging policy and procedures.

-- Must comply with all company policies and procedures applicable laws and regulations including but not limited to the Bank Secrecy Act the USA PATRIOT Act and the Office of Foreign Assets Control in addition to all Interra policies.

WHAT YOU WILL NEED TO SUCCEED

Experience

2 years experience in Mortgage Pricing and Market Sales within the finance industry preferred.

Education / Certifications / Licenses

Bachelors degree in Business Management Business Administration or related discipline. (Will consider additional years of experience in lieu of education requirement).

PREFERRED SKILLS

- Experience with Pricing and Product Eligibility engine (PPE) and Loan Origination System (LOS) preferred.

- The ability to motivate or influence internal or external senior level professionals is a critical part of the job requiring a significant level of influence and trust.

- Professional level of verbal and written communication skills are essential to the position.

- Proficiency in Microsoft Office (Outlook Word Excel PowerPoint).

- Strong organizational skills and ability to multi-task.

- Must be able to work in a team environment with the ability to interact in a positive manner with peers management and other departments.

- Ability to evaluate pros and cons risks and benefits of different solution options by asking the right questions and acquiring data from multiple and diverse sources when solving problems.

- Demonstrated ability to plan and prioritize work to meet commitments by breaking down objectives into appropriate actions and anticipate and adjust plans as needed.

- Ability to drive oneself to take initiative and action to pursue goals and complete tasks.

- Ability to execute on Interras vision mission and deliver on our Core Values.

INTERPERSONAL SKILLS

- A significant level of trust credibility and diplomacy is -depth dialogue conversations and explanations with members direct and indirect reports and outside vendors can be of a sensitive and/or highly confidential nature.

- Communications may involve motivating influencing educating and/or advising others on matters of significance.

- Typically includes subject matter experts as well as first level to middle managers.

COMPETENCIES

- Decision Making - Makes sound decisions in a timely manner using critical thinking problem solving insights and experience. Demonstrates sound judgment that proves to be accurate and correct over time.

- Drive Results - Consistently accomplishes goals even under adverse conditions. Has a strong bottom-line orientation. Pushes self and helps others achieve results.

- Functional Expertise - Possesses a sufficient level of technical and professional skill or knowledge in position-related areas; keeps up with current developments and trends in areas of expertise; actively seeks ways to grow and be challenged using both formal and informal development activities.

- Integrity and Trust- Is widely trusted; is seen as a direct truthful individual; has credibility within their areas of expertise; keeps confidences; doesnt misrepresent themselves for personal gain.

- Interpersonal Savvy - Relates to and can connect with diverse individuals and groups at all levels within the organization. Externally builds appropriate relationships and rapport with members and external partners.

- Manage Complexity - Makes sense of complex information processes and activities to effectively solve problems. Defines situations accurately before determining problems and formulating approaches to solutions; is able to accomplish complex tasks with minimal guidance or instruction.

ADA REQUIREMENTS

Physical Requirements

- Able to bend sit and stand in order to perform primarily sedentary work with limited physical exertion and occasional lifting of up to 10 lbs.

- Must be capable of climbing / descending stairs in an emergency situation.

- Must be able to operate routine office equipment including computer terminals and keyboards telephones copiers facsimiles and calculators.

- Must be able to routinely perform work on computer for an average of 6-8 hours per day when necessary.

- Must be able to work extended hours or travel off site whenever required or requested by management.

- Must be capable of regular reliable and timely attendance.

Working Conditions

- Must be able to routinely perform work indoors in climate-controlled shared work area with minimal noise.

Mental and/or Emotional Requirements

- Must be able to perform job functions independently or with limited supervision and work effectively either on own or as part of a team.

- Must be able to read and carry out various written instructions and follow oral instructions.

- Must be able to complete basic mathematical calculations spell accurately and understand computer basics.

- Must be able to speak clearly and deliver information in a logical and understandable sequence.

- Must be capable of dealing calmly and professionally with numerous different personalities from diverse cultures at various levels within and outside of the organization and demonstrate highest levels of customer service and discretion when dealing with the public.

- Must be able to perform responsibilities with composure under the stress of deadlines / requirements for extreme accuracy and quality and/or fast pace.

- Must be able to effectively handle multiple simultaneous and changing priorities.

- Must be capable of exercising highest level of discretion on both internal and external confidential matters.

ACKNOWLEDGEMENT

Nothing in the position description restricts managements right to assign or reassign duties and responsibilities to this job at any time. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. This Job description is not a contract and should not be constructed as a guarantee of employment for any period of time. Interra Credit Union is an Equal Opportunity Employer and does not discriminate against employees or applicants based on race color religion sex/gender national origin disability age or any other category protected by law.

Equal Employment Opportunity and Affirmative Action

Interra is an equal opportunity and affirmative action employer committed to creating a diverse workforce.
Qualified applicants will receive consideration without regard to their race religion color sex national origin age sexual orientation gender identity disability or status as a protected veteran among other factors.

Accessibility Accommodation

Interra Credit Union invites all qualified and interested applicants to apply for career opportunities. If you are a person with a disability and need a reasonable accommodation to use our search tools and/or apply for a career opportunity please contact and one of our Human Resources Consultants will contact you within 48 hours.

Why JoinIN

Culture: We believe that a positive work environment is key to success. Staying engaged informed and keeping it fun is how we achieve this.
Professional Growth: Our Learning and Development Team not only provide day 1 training but continuous improvement and career development for all levels.
Competitive Salary: Attractive compensation package with performance-based incentives and bonuses.
Benefits: Comprehensive health insurance 401(k) matching tuition reimbursement company holidays and generous PTO.
Community Involvement: Being an active member in communities that we are a part of is important to us. We live here work here and stay involved here!
Visit our Opportunities page for more information.