Job Title: 650 FT Secondary Market Supervisor - Jasper, IN
About Us:
German American Bancorp and its family of financial services companies employ talented, compassionate people throughout the organization, truly making German American special. Delivering genuine, customized, personal service with a focus on truly serving customers and communities well, our employees bring the Shield of Excellence commitment to life with each and every interaction.
Summary of Duties:
We are looking for a passionate go-getter like you to drive the future of our business in the communities we serve. As a Secondary Market Supervisor, you are a leader who brings your team together to grow and exercise expertise, meeting and exceeding departmental goals. Your experience in the mortgage industry will be put to use as you create strategic business plans to achieve accurate and timely closings that will assist in getting additional market share while maximizing profitability. You will review data to track departmental performance, manage operational risks, interest rate risks from loan commitments, develop vendor relationships and hold vendors accountable to SLA’s. Communication skills will be essential as you develop and maintain relations with investors. This unique role calls for an emphasis on quality, speed and compliance, matched with the soft skills that support team development and growth.
What You'll Do:
- The Daily Grind - You will be responsible for management of the secondary market function, including monitoring trade activities, loan level monitoring, and reporting to ensure the overall loan manufacturing and servicing process is congruent with Freddie Mac, FHA, VA, USDA and FHLB standards. This position will oversee and manage the lock process, monitor 3rd party QC reports and adjust processes as needed. In general, the position manages the loan life cycle including, Regulatory Disclosures, Loan Processing, Loan Closing Documents, Loan Funding, Post-Closing, Loan Shipping, and Loan Sales.
- You're Part of a Team - As the Secondary Market Supervisor, you are part of the Mortgage Operations Team. You lead a team of Secondary Marketing Analysts through monitoring, training, motivating and coaching. You also work closely other leaders in the department to align goals. Finally, you will work closely with Risk Management to identify regulatory changes and participate in updating procedures and processes to ensure mortgage loan compliance.
- And you have to be able to juggle - Multiple and conflicting priorities will come up under specific time constraints. In concert with your leader and other team members, you have to be quick to act when issues arise.
What it Takes:
- Bachelor’s Degree in related Business Field or 5+ years in the Mortgage Services Industry
- Maintains accurate staffing model to achieve established service levels
- Assist personnel with more complex issues that may disrupt work flow
- Strong analytical and problem solving skills
- Understanding of management procedures - ability to plan department activities; effectively staff department; directing employees towards the desired objectives; controlling the function (developing performance standards, measuring results, taking corrective action and rewarding employees as appropriate)
- Displays enthusiasm and self-motivation to complete complex tasks
- Advanced level of knowledge in Microsoft Excel
- Demonstrated skill set in developing rapport with people and working in collaborative, team-oriented environment.
Bonus Points:
- 3+ year’s Fair Lending Experience
- 2+ year’s Pricing Experience and/or Secondary Marketing Experience
- 1+ years Trading Experience, Capital Markets Experience, Optimal Blue experience and/or MortgageBot LOS Experience
- 3+ years supervisory experience
What we can offer you:
- Medical, dental, vision, STD, LTD, Life insurance, etc.
- 17 days paid time off, 11 paid holidays and bereavement leave
- Tuition reimbursement
- Wellness benefits
- Life event coverage
- Service awards
- Financial benefits including 401(k) match, stock purchase plan and more
- Great deals on both national and local discounts on everything from computers and vacations to phones and retail shopping
- Logo wear discounts
- Free checking account, checks and discounted bank services
This position will be located at:
Operations Center
1311 West 12th Ave
Jasper, Indiana, 47546
United States
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