Mortgage Secondary Market Specialist in Plano, TX at First Horizon National Corporation

Date Posted: 8/24/2020

Job Snapshot

  • Employee Type:
    Full-Time
  • Location:
    2500 Dallas Parkway
    Plano, TX
  • Job Type:
  • Experience:
    Not Specified
  • Date Posted:
    8/24/2020
  • Job ID:
    MORTG02360

Job Description

First Horizon Bank has an exciting opportunity to join the Secondary Marketing group as a lock desk analyst! In this role, you will be involved in a variety of activities within the department, including a key role supporting the Iberia sales teams on the Secondary lock desk.

PRIMARY RESPONSIBILITIES:
• Retrieves investor rates, publishes and distributes rate sheets on a daily basis.
• Price and lock loans submitted by the sales teams.
• Discuss loan scenarios with sales teams and provide recommendations to capture business.
• Actively manage pricing changes for locks in pipeline based on loan attribute updates.
• Interact with and maintain relationships with Secondary Market investors.
• Lock loans with investors based on Best Efforts commitments.
• Monitor rate fluctuations in marketplace and recommend price changes to the SVP of Secondary.

In addition to lock desk, engage in a variety of other activities, including:
• Develop and analyze reporting to drive business decisions, including daily lock activity, daily lock pricing margin tracking, monthly price exception tracking and other ad hoc situations.
• Participate in annual investor reviews and assist SVP of Secondary with providing re-certification documents as requested by investors.
• Support periodic bulk mandatory loan sales by providing ULDD information to Fannie and Freddie.
• Complete all required bank training on a timely basis.
• Comply with bank policies and procedures, regulatory requirements and investor guidelines.
• Various other duties that may be assigned from time to time to support the department.

SUPERVISORY RESPONSIBILITIES:
No supervisory responsibilities

QUALIFICATIONS:
• Bachelor’s degree from an accredited college or university.
• At least six months related experience and/or training is preferred by not required.

COMPUTER AND OFFICE EQUIPMENT SKILLS (preferred but not required):
• Intermediate+ experience with Microsoft Excel, Word and Powerpoint.
• Experience navigating and working with Ellie Mae Encompass.
• Experience with Compass Analytics or Optimal Blue pricing engine.



Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities

The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor’s legal duty to furnish information. 41 CFR 60-1.35(c)