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Lock Desk Analyst

Job Details

Job Location

Linthicum MD Corporate - Linthicum, MD

Position Type

Full Time

Salary Range

$24.04 - $28.85 Hourly

Description

Position Summary:

The Lock Desk Analyst assists with daily Secondary functions which include daily pipeline hedging to ensure our company remains in an interest rate neutral position, Rate Sheet Distribution, Secondary System Audits, handling lock requests, extensions, loan parameter change requests, re-locks and other secondary functions.

Essential Job Functions:

Specific tasks will include, but are not limited to, the following:

+ Audit pricing system daily to ensure accuracy of published rates.

+ Ensure all pricing related data is accurately entered and maintained within Encompass,

+ Review and verify lock requests as they are received by the lock desk.

+ Handle lock maintenance requests such as extensions, re-locks, updates, renegotiations, etc.

+ Create daily rate sheets for various products as needed.

+ Assist with pricing related questions regarding policies, procedures and investor guidelines.

+ Assist with training of new branch managers and employees.

+ Manage and maintain Optimal Blue (automated pricing engine.)

+ Assist with mandatory trade data preparation, execution, and input.

+ Gather daily market commentary to share with Sales force daily.

+ Oversee the organization and completion of projects.

+ This position may require occasional overtime and travel.

+ The Lock Desk Analyst is expected to maintain satisfactory attendance and report to work on time every day.

+ Additional tasks as assigned.

Required Job Functions:Specific tasks will include, but are not limited to, the following:

+ Advanced Excel knowledge.

+ Experience using Encompass and Optimal Blue.

+ State Bond experience.

+ Agency (FNMA, FHLMC, GNMA) delivery experience.

+ Renovation loan draw experience.

The above statements are intended to describe the general nature and level of work being performed by people assigned to this job. They are not intended to be an exhaustive list of all responsibilities, skills, efforts, or working conditions associated with a job.

Additional Working Conditions Information:

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job.

Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

While performing the duties of this job, the employee is frequently required to sit and talk or hear. The employee is often required to walk; use hands to finger, handle, or operate computers, objects, tools, or controls; and reach with hands and arms. Specific vision abilities required by this job include close vision and the ability to adjust focus.

NFM Lending, Inc. is an equal-opportunity employer. We value diversity and do not discriminate based on race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status. NFM believes success is created by a diverse workforce of individuals with different ideas, strengths, interests, and cultural backgrounds.

Additional Information:

The range provided reflects the expected compensation for this role and is considered a general guideline. Actual compensation will be decided based on factors such as geographic location, skills, education, experience assessed during the interview process, and internal pay equity. Compensation may also include incentives such as per-file bonuses and discretionary bonuses as applicable to the role.

In addition to a competitive compensation package, qualifying employees are eligible to participate in our Total Rewards program. Additional information can be found by clicking on the following link: Benefits and Total Rewards (https://nfmlending.com/careers/benefits/)