Secondary Market Analyst

At Liberty, we are proud to integrate our Diversity, Equity, and Inclusion (DE&I) throughout all functions and areas of the Bank to maximize our impact and exceed goals. We believe deepening our DE&I strategies in the workplace and communities we serve creates a much better place to work for our teammates and a safe place where our customers are connected and supported. We take pride in promoting a socially responsible and sustainable future through initiatives and investment.  SUMMARY OF THE JOB: Reporting to the Secondary Market Manager, the incumbent is responsible for the successful delivery of loans to the secondary market within certain time frames and commitment dollar amounts as stated in the commitment agreement; perform closed loan audits of conventional, government and correspondent loans and manage documents within paperless environment. In addition, the incumbent is responsible for all processing for interest rate changes for mortgage and consumer loans.  ESSENTIAL FUNCTIONS:•    Prepares loans and reviews files for salability, ensuring that the loans meet investor requirements.•    Schedules deliveries within commitment deadline and allows time to correct any errors or replacements.•    Prepares and manages the delivery of all pertinent documents to document custodian.•    Follows up on any/all delivery problems, including research and resolution, clearing all problems ensuring complete funding and no monetary penalties.•    Ensures that all investor shipping software is current and tests for data integrity.•    Performs post-closing audits of loan files received from attorneys after closing and inputs data.•    Follows up on outstanding closing documents from closing attorneys. This includes the research and resolution of auditing issues within specified time frames to avoid repurchase or monetary penalties by insuring files comply with internal and external procedures/regulations.•    Scan, upload and index documents within the LOS Image Center•    Maintains effective working relationships with internal and external contacts including.•    customers, attorneys, appraisers, investors, secondary market personnel as well as other bank employees.•    Prepares daily and weekly rate analysis for management review.•    Makes all rate changes for mortgage and consumer rate products and distributes to all necessary bank personnel.•    Makes recommendations regarding workflow process. •    Evaluate mortgage loan portfolios, securities, and mortgage-related investments.•    Consider market trends and economic conditions to assess the risk and return of loan sales or purchases.•    Create reports and models to forecast asset performance.•    Ensure compliance with secondary market regulations and company protocols.•    Work with internal stakeholders to make informed recommendations.•    Analyze and audit reports related to pull-through, margins, daily pricing, and purchase advices to ensure accuracy. MINIMUM REQUIREMENTS:•    Bachelor’s degree in business administration or related field preferred or equivalent work experience.•    Two to Four years’ experience in secondary market, loan shipping or closing area. •    Product knowledge to include all types of mortgage loans. Ability to effectively navigate through the Loan Origination System and related programs including Microsoft products. •    Knowledge of Fannie/Freddie requirements, correspondent investor guidelines and procedures. •    Ensures adherence to and knowledge of applicable bank policies, state and federal regulations including but not limited to TRID, Fair Lending, RESPA, and HMDA.•    Ability to prioritize workload, work independently and effectively meet critical deadlines. •    Strong analytical skills, knowledge of secondary market underwriting requirements, and familiarity with state/federal compliance guidelines.PHYSICAL REQUIREMENTS: •    General Office Equipment•    Keyboard Dexterity•    Prolonged Sitting COMPLIANCE:Acts affirmatively in all activities under his/her control in conformance with the Bank’s Affirmative Action, Equal Employment Opportunity, and Fair Lending Programs to achieve the Bank’s goals and objectives. The Bank shall provide equal employment opportunity to all qualified persons, and continue to recruit, hire, train, and evaluate persons in all jobs without regard to race, color, religion, sex, national origin, or veteran status.  Liberty Bank is an Equal Opportunity employer. It is the policy of Liberty Bank to provide equal employment opportunities to all qualified applicants without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, protected veteran or disabled status, or genetic information.