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Genesee Regional Bank · 2 days ago

Lock Desk Analyst

Rochester, New York Metropolitan Area

Full-time

Onsite

New Grad, Entry Level

$24/hr - $27/hr

Genesee Regional Bank is seeking a Lock Desk Analyst responsible for daily pricing functions related to the Secondary Mortgage Market. The role includes supporting loan pricing, pipeline management, and the timely delivery and sale of residential mortgage loans to the Bank's investors.

AssociationCommunitiesNon ProfitReal Estate

Growth Opportunities

Hiring Manager

Danielle Wells

Responsibilities

Support the day-to-day Secondary Market/pricing functions including:

Assist with review and execution of Best Effort and Portfolio lock requests

Execute rate lock extension and relock requests

Review loan parameter changes for lock updates and reprices

Generate daily mortgage rate sheets and publish internally

Assist department with reporting and tracking related to pricing and profitability

Assist with administration of product and pricing engine. Provide internal support for system, product, and procedural inquiries to department

Maintain strong knowledge of GSE and investor requirements and changes as they relate to loan eligibility and pricing

Reconcile GSE and investor loan purchase advices and ensure proper loan status within MERS

Facilitate the set-up of new loan programs to ensure seamless processing flow and successful loan sale. Work closely with Management to implement and communicate any operational changes

Assist with investor follow up on disputable post close price adjustments and fees; tracking investor fees to identify and address trends

Maintain up to date knowledge of mortgage regulations

Interface regularly with Loan Originators, Operations staff, and outside vendors

Assist in mortgage related projects and initiatives as directed by management

Demonstrate the behaviors outlined in the ‘GRB Experience

Other duties as assigned

Qualification

Secondary market experienceMortgage industry knowledgeMath skillsAttention to detailCritical thinkingPC literacyClient experienceInterpersonal skillsTeam collaborationIndependent work

Required

Bachelor's degree (Business, Finance, or related field) or the equivalent combination of education and experience

Strong attention to detail, critical thinking, and math skills

Provide a remarkable client experience. Greet clients with warmth, genuine interest and a smile

Lead by example. Identify current or potential problems, take ownership and see them through to resolution

Act as a unified team. Possess strong interpersonal skills including the ability to proactively communicate with and help others, within and across departments

Ability to work independently. Seek and incorporate feedback on your performance from management, coworkers and clients

Demonstrated PC literacy