Landmark Credit Union · 1 day ago
Secondary Market Specialist
Brookfield, WI
Full-time
Onsite
Entry Level
2+ years expLandmark Credit Union is dedicated to putting people first, fostering a culture of inclusion and collaboration. The Secondary Market Specialist supports the secondary mortgage market activities and loan sale execution, focusing on post-closing document review, pipeline accuracy, and administrative functions to ensure timely and complete loan files.
Financial Services
Responsibilities
Receives all incoming loan packages and organizes them into clearly labeled loan folders
Verifies presence and proper execution of all required documentation (notes, mortgages, riders, disclosures, insurance policies, title policies, etc.)
Identifies and resolves post-closing deficiencies by communicating with settlement agents, third parties and internal departments, as needed
Prepares complete, accurate investor submission packages (electronic uploads and physical deliveries), and completes all applicable Encompass data entry and uploads to investor portals
Reviews Fannie Mae and other investor websites to monitor loan sales status and activity. Uploads trailing documentation for review, as required to facilitate loan sale
Reconciles investor purchase advice and notifies management of any discrepancies. Works with investors to clear deficiencies and procure payment restitution as required
Tracks all required trailing documents and post-closing conditions, ensures timely receipt, and marks completion to prepare files for long-term storage
Reviews title policies, documents completion in Encompass, and researches/clears title exceptions when identified
Monitors department reports and pipeline analytics to ensure timely loan delivery and escalates unresolved deficiencies
Assists secondary mortgage leadership processing all interest rate changes, using multi-point analysis to ensure accuracy to meet regulatory requirements. Distributes the rate changes to applicable areas of sales and marketing. Maintains historical records for compliance/audit
Qualification
Required
High school diploma or equivalent and a minimum two years of Landmark mortgage or consumer lending experience, or minimum two years of any mortgage loan experience
Demonstrated knowledge of multiple mortgage functions to include reviewing closing documents, private mortgage insurance requirements, and understanding of the different types of mortgage products
Experience or ability to develop proficiency in all programs and systems used for this job, especially Microsoft Suite. Experience with Encompass LOS required; familiarity with Fannie Mae delivery requirements strongly preferred
Strong verbal and written communication skills, problem solving skills, organization skills and the ability to work independently
Strong mathematical and analytical skills
Ability to manage multiple priorities in a fast-paced environment with high attention to detail
Must have the ability to use independent judgement and discretion in various situations while maintaining a high degree of confidentiality
Must develop a thorough understanding of company policies and procedures as they relate to the position. Must comply with all company policies and procedures and all job related state and federal laws and regulations
Preferred
Familiarity with Fannie Mae delivery requirements strongly preferred
Company
Landmark Credit Union
Landmark Credit Union is a not-for-profit financial cooperative owned by our customers/members.
1001-5000 employees
Funding
Current Stage
Late StageLeadership Team
David Powers
Chief Financial Officer
Recent News
2025-10-02
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