FVP Secondary Marketing

 ^{Be Proud. Be You. Be Independent!}  

Do you have a deep understanding of Mortgage Products and Secondary Market Guidelines and are looking to advance in your career? If so, we need you!

At Independent Bank we promote a culture that encourages professional growth and embraces the collective sum of your individual differences, life experiences, knowledge, innovation, self-expression, unique capabilities and talent. We value diversity of thought, ideas, and background. Our inclusive and collaborative culture helps us find the best solutions to meet the needs of our clients and company. 

About the Job:

As a Secondary Marketing Manager, you will be responsible for mortgage pipeline management, including the pricing, hedging, selling and delivery of mortgage loans to the secondary market.  In order to be set up for success, you should have a deep understanding of mortgage products, secondary market guidelines, market trends and risk management. 

Why You Should Apply:

• Comprehensive total rewards package.
• A knowledgeable, goal-driven, and exciting team of colleagues.
• Exposure to different areas of banking and the ability to work with leaders within the industry.
• Community-focused events and volunteer opportunities.

What You Will Do: 

• Develop and implement secondary marketing strategies and policies to maximize profitability and manage risk.
• Oversee the daily pricing of mortgage products including rate sheet development.
• Manage loan pipeline and lock desk operations to ensure adherence to lock policies and procedures.
• Analyze market conditions to make recommendations on hedging strategies and execution.
• Maintain relationships with investors, negotiate loan sale agreements and manage the delivery of loans to the secondary market.
• Ensure compliance with investor guidelines, regulatory requirements and company policies.
• Monitor and analyze market trends to respond to changes in the market.
• Executes trades of approved hedging instruments according to target coverage ratios.
• Coordinates funding activities between corporate accounting and mortgage servicing investor accounting areas.
• Responsible for reporting and presentations to executive management.
• Coordinates with Product Development for new product implementation.
• Maintains relationships with sales staff.
• Other duties as assigned.

Knowledge, Skills, and Abilities:

• Strong understanding of mortgage products, secondary market guidelines and hedging strategies.
• Proficient in using MS Excel as well as pricing and hedging systems - Experience with Encompass and Compass Point Analytics preferred.
• Excellent analytical, problem solving and decision-making skills.
• Ability to manage multiple priorities and work under tight deadlines.
• Strong communication and negotiation skills.
• Attention to detail and commitment to compliance and risk management.

                                                                                                                          Be Proud. Be YOU. Be Independent!