Dart Bank · 2 months ago
Director of Capital Markets
Lansing, MI, USA
Full-time
Onsite
Mid, Senior Level
7+ years expDart Bank is a community bank that has been serving its community since 1925, specializing in innovative financial services. The Director of Capital Markets will oversee the Capital Markets team, managing operations such as pipeline management, interest rate risk, and investor relationships while ensuring compliance with policies and regulations.
BankingCommunitiesFinancial Services
Responsibilities
Oversee secondary operations which include but may not be limited to:
Create, compile, review daily, monthly and quarterly loan volume and hedge reports
Manage interest rate risk exposure within the predefined policy risk limits
Pipeline management of locked and held for sale, analysis, and reconciliation
Optimize and efficiently execute loan sales/commitments
Purchase advice reconciliation (i.e. purchased loans and servicing transfers)
Monitor TBA settlements, wires, and margin calls
Responsible for maintaining all capital markets policies as well as directing the team’s creation of procedures, job aids, and training materials
Responsible for investor relationships, new approvals, and annual recertifications
Secondary Marketing Committee member responsible for creating and presenting quarterly secondary marketing performance and trend reports
Manage broker/dealer relationships and line limits
Present aggregated market intelligence to Senior Management with profit margin recommendations and executes on decisions made
Lead team with scoping, defining, and implementing projects including but not limited to system configuration, testing and maintenance of hedging platform and product & pricing engines
Oversee the lock desk, lock policies and related procedures
Manage accounting and servicing operations related to loan originations:
Accounting and reconciliation of tax bills and insurance payments (escrows)
Oversee loan funding activities to ensure revenue integrity, including but not limited to following up on funding shortages, preparation of various funding checks and payables
Monitor and reconcile loan funding and misc. general ledger entries
MERS Administrator, complete user setup and ensure all required reporting is completed
Understand and follow all regulatory compliance policies and procedures
Adhere to all Federal and State laws and regulations, including the Bank Secrecy Act
All other duties as assigned
Qualification
Required
Minimum 7 years combined accounting G/L reconciliation and secondary marketing experience required
Minimum of bachelor's degree in business related field
Understanding and experience with mortgage origination processes, products, pricing, hedging, loan sales, loan delivery, best execution, and securitization
Experience with Loan Origination and Product/Pricing Engines
Proficient with Microsoft products with advanced ability in Microsoft Excel, including complex formulas, pivot tables, and data analysis tools
Ability to perform math calculations including percentages, ratios, and prorations
Strong analytical skills, attention to detail, time management
Works well under time constraints, is well organized
Strong interpersonal, verbal, and written communication skills
Demonstrated ability to solve practical problems
Preferred
Direct experience with Encompass and Optimal Blue configuration settings
Direct experience with Optimal Blue Secondary Services
Experience managing multiple business channels
Benefits
Medical Benefits
Dental
Vision
401(K) Employee Stock Ownership Plan
Paid vacation & sick time
Flexible scheduling
Employee Assistance Program
Dart Bank University
Company
Dart Bank
Dart Bank is a primary purpose to meet the financial needs of its banking communities. It is a sub-organization of Dartbank Wealth.
201-500 employees
Funding
Current Stage
Growth StageTotal Funding
$0.99M2020-10-08Seed· $0.99M
Leadership Team
Bill Hufnagel
President/CEO
Peter Kubacki
Retired President and CEO. Member of the board of directors.
Recent News
2025-06-30
GlobeNewswire News Room
2023-09-09
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