First Technology Federal Credit Union
Director, Secondary Market
First Technology Federal Credit Union, Hillsboro, Oregon, United States, 97104
Description
The Director of Secondary Market leads a team responsible for delivery, pricing, and audit functions, while ensuring strategy and goals align to the business plan. In this position you will work closely with internal partners such as, mortgage, accounting, and external vendors such as, Fannie Mae, Freddie Mac, Redwood Trust to develop proposals for risk-management strategies employing secondary market investment tools and techniques. You will monitor and maintain history of market activity, conditions, and trends to generate and market forecasts and manage post-closing and investor delivery.
Here's what you can expect from the job and what you need to be successful:
Job DutiesDirect, develop, and implement respective standards and processes to effectively sell certain assets providing added flexibility in managing balance sheet structure, liquidity, and earningsProvide scenario modeling on strategies, including funding sources for the organization, various impacts on pricing proposals, and hedging strategiesActively collaborate with appropriate business units on evaluating the credit union portfolioManage and assess investor programs and products changes and inform internal lending partnersProvide oversight of gain on sale goals for the annual planEnsure teams work efficiently and quickly to meet aggressive service/production level timelines, while still providing exceptional service and maintaining quality of workCreate and deliver executive-level presentations to report results or propose changes in operations, products and programsWork collaboratively with senior leadership to engineer continuous process improvementMonitor staff performance by providing coaching and feedback via meetings, one-on-ones and performance reviewsRecognize and manage risk within business unit/functional areaAssist staff with problem resolution and issue escalationEssential Skills
Minimum 8 years of mortgage lending and secondary marketing experienceMinimum 5 years of experience leading a diverse team including hiring, coaching and performance managementKnowledge of Credit Union, FHLMC, FNMA, and FHA mortgage products, processes and systemsExpert knowledge in secondary market operations including delivering mortgage loansExpert knowledge in loan rate lock process and systemsDemonstrated ability to establish credibility and rapport with internal and external stakeholdersStrong business communication skills; able to write/speak clearly and professionally for a variety of stakeholdersAbility to deliver effective stakeholder presentations to both peer and executive level audiencesStrong analytical, problem solving and strategic thinking skillsBroad knowledge of, and practical experience with, financial institution operating areas, functions, products and services and the laws and regulations that apply to credit unionsProject Management experience; familiarity with Six Sigma/DMAIC methodologiesMinimum Education:
Bachelor's degree in Business Administration, other related fields of study or equivalent experienceLocation:
Hillsboro, OR 97124 (HYBRID)
Target Compensation in Hillsboro, OR:
$150k - $165k annually + annual bonus
Benefits options include:
Traditional medical, dental, and vision coverage401K matching up to 5% per pay periodAccrue up to 17 days of Paid Time Off your first year of employment11 paid federal holidaysSpecial employee pricing on lending products such as mortgage, auto, and personal loans (eligibility for special employee pricing is subject to standard account requirements and underwriting criteria)
What makes First Tech different? Click
here
to learn more!
First Tech is not currently offering Visa transfer/ sponsorship for this position
#LI-KW1
The Director of Secondary Market leads a team responsible for delivery, pricing, and audit functions, while ensuring strategy and goals align to the business plan. In this position you will work closely with internal partners such as, mortgage, accounting, and external vendors such as, Fannie Mae, Freddie Mac, Redwood Trust to develop proposals for risk-management strategies employing secondary market investment tools and techniques. You will monitor and maintain history of market activity, conditions, and trends to generate and market forecasts and manage post-closing and investor delivery.
Here's what you can expect from the job and what you need to be successful:
Job DutiesDirect, develop, and implement respective standards and processes to effectively sell certain assets providing added flexibility in managing balance sheet structure, liquidity, and earningsProvide scenario modeling on strategies, including funding sources for the organization, various impacts on pricing proposals, and hedging strategiesActively collaborate with appropriate business units on evaluating the credit union portfolioManage and assess investor programs and products changes and inform internal lending partnersProvide oversight of gain on sale goals for the annual planEnsure teams work efficiently and quickly to meet aggressive service/production level timelines, while still providing exceptional service and maintaining quality of workCreate and deliver executive-level presentations to report results or propose changes in operations, products and programsWork collaboratively with senior leadership to engineer continuous process improvementMonitor staff performance by providing coaching and feedback via meetings, one-on-ones and performance reviewsRecognize and manage risk within business unit/functional areaAssist staff with problem resolution and issue escalationEssential Skills
Minimum 8 years of mortgage lending and secondary marketing experienceMinimum 5 years of experience leading a diverse team including hiring, coaching and performance managementKnowledge of Credit Union, FHLMC, FNMA, and FHA mortgage products, processes and systemsExpert knowledge in secondary market operations including delivering mortgage loansExpert knowledge in loan rate lock process and systemsDemonstrated ability to establish credibility and rapport with internal and external stakeholdersStrong business communication skills; able to write/speak clearly and professionally for a variety of stakeholdersAbility to deliver effective stakeholder presentations to both peer and executive level audiencesStrong analytical, problem solving and strategic thinking skillsBroad knowledge of, and practical experience with, financial institution operating areas, functions, products and services and the laws and regulations that apply to credit unionsProject Management experience; familiarity with Six Sigma/DMAIC methodologiesMinimum Education:
Bachelor's degree in Business Administration, other related fields of study or equivalent experienceLocation:
Hillsboro, OR 97124 (HYBRID)
Target Compensation in Hillsboro, OR:
$150k - $165k annually + annual bonus
Benefits options include:
Traditional medical, dental, and vision coverage401K matching up to 5% per pay periodAccrue up to 17 days of Paid Time Off your first year of employment11 paid federal holidaysSpecial employee pricing on lending products such as mortgage, auto, and personal loans (eligibility for special employee pricing is subject to standard account requirements and underwriting criteria)
What makes First Tech different? Click
here
to learn more!
First Tech is not currently offering Visa transfer/ sponsorship for this position
#LI-KW1