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Manager of Secondary Market Loan Pricing and Product Development
Pittsburgh, PA · $110,000 to $118,000OPEN JOB: Manager of Secondary Market Loan Pricing and Product Development
LOCATION: Pittsburgh, Pennsylvania
***Relocation Assistance Available
SALARY: $110,000 to $118,000
INDUSTRY: Financial Services
IDEAL CANDIDATE:
Position Overview:
Primary Responsibilities:
REQUIREMENTS:
If you are interested in pursuing this opportunity, please respond back and include the following:
Upon receipt, one of our managers will contact you to discuss the position in full detail.
STEPHEN FLEISCHNER
Recruiting Manager
INTERMEDIA GROUP, INC.
EMAIL: sfleischner@intermediagroup.com
LOCATION: Pittsburgh, Pennsylvania
***Relocation Assistance Available
SALARY: $110,000 to $118,000
INDUSTRY: Financial Services
IDEAL CANDIDATE:
- Experience with GNMA, Fannie, Freddie, FHA and VA products
Position Overview:
- This position is primarily responsible for developing and executing pricing strategies and managing product development initiatives to drive profitability while aligning with the bank’s strategic objectives.
- Oversee mortgage pricing for held for sale and portfolio products, investor relationships, pricing exceptions and related policies and procedures with a focus on accuracy, and compliance to support informed decision-making.
- Lead pricing, pricing analytics, lock desk, and mortgage program administration teams while collaborating closely with Hedging and Residential Secondary/Capital Mkt Manager
Primary Responsibilities:
- Develop and manage pricing strategies across investor channels to optimize execution and profitability.
- Analyze market trends, investor pricing, and economic indicators to guide strategic decisions.
- Oversee daily pricing updates and margin management.
- Prepare and present reports to Senior Management on competitive positioning, market share, pricing analytics and overall profitability performance
- Directs the Supervisor of Secondary Market Operations to ensure lock desk associates effectively manage workflow and complete all lock desk tasks accurately and efficiently.
- Provide guidance to the Supervisor of Secondary Market Pricing and Analytics while aligning pricing strategies to support the bank’s fee income goals for held-for-sale loans and optimize net interest margin for portfolio products.
- Manages monthly pipeline inventory validations, loan-level pricing adjustments, and pricing calculations.
- Oversee data integrity between loan origination systems and pricing platforms.
- Direct technology solutions, including PPE and Market Data subscriptions to enhance pricing efficiency and accuracy.
- Serves as a backup to the Hedging Manager.
- Oversee annual investor recertification process and maintain active communication with investor representatives to assess pricing policies and explore new product and loan sale opportunities.
- Develops and expands investor relationships as needed to support strategic growth and market competitiveness.
- Lead product development through effective project coordination, partnering with stakeholders across impacted areas.
- Implement pricing and risk adjustment configuration within Secondary Market and loan origination system, ensuring accuracy, consistency, alignment with strategic objectives.
- Manage ongoing training and communication strategies for sales teams regarding lock policies, lock desk procedures and available products and services.
- Ensure alignment with departmental goals and compliance standards established by the Manager of Residential Secondary and Capital Markets. Maintain regular interaction with sales staff to receive pricing feedback.
- Direct the Mortgage Bond Program Administrators to ensures they are effectively managing workflow by researching and implementing Down Payment Assistance, Closing Cost Credit, Housing Finance Agencies and various other programs for key strategic initiatives for affordable lending.
- Partnering with stakeholders in the community lending team to meet the bank’s affordable lending initiatives.
REQUIREMENTS:
- Bachelors Degree
- 7+ Years of Job Related Experience
- Experience with GNMA, Fannie, Freddie, FHA and VA products
- Strong understanding of loan pricing and interest rate risk principles
- Proficiency in loan origination systems, pricing engines and mortgage workflow
If you are interested in pursuing this opportunity, please respond back and include the following:
- MS WORD Resume
- required compensation.
- Contact information.
- Availability
Upon receipt, one of our managers will contact you to discuss the position in full detail.
STEPHEN FLEISCHNER
Recruiting Manager
INTERMEDIA GROUP, INC.
EMAIL: sfleischner@intermediagroup.com