Lock Desk Analyst

BREAK GROUND ON A REWARDING CAREER WITH US!

At MDC Holdings, Inc./Richmond American Homes, we encourage a company culture that promotes professionalism, teamwork, health & wellness and work-life balance. If you are a results-driven professional with a passion for success, consider building a career with us. We’re proud to be one of the most established builders in the industry, with over 45 years of experience and 250,000+ homes to our credit.

We also take great pride in being a member of Sekisui House, a global leader in homebuilding. This impressive, 60+ year old company has built over 2.6 million new homes designed to reflect and adapt to the changing needs of today's homebuyers. Drawing on Sekisui House's unparalleled history and superior service, we commit ourselves to a future where people around the world can live joyful lives in homes that are safe, secure, stylish and comfortable.

Position Summary

We are seeking a qualified Lock Desk Analyst/ Junior Trader to join our HomeAmerican Mortgage (HMC) team. This position is responsible for administering the lock process, including processing rate locks, updating pricing when locked loans have changed, administering extension requests and committing loans to appropriate investors. This position will also assist in maintaining the product and pricing engine, performing investor and product research and trading as required.

Responsibilities

• Review and process lock requests, lock confirmations, change requests, relocks, renegotiations and extension requests
• Assist loan originators with pricing scenarios and product inquiries as needed
• Manage locked pipeline (extensions, expirations, relocks, etc.)
• Maintain accuracy of lock and commitment information in hedge model and loan origination system
• Assist with the maintenance of the product and pricing engine
• Assist with pricing training for new employee onboarding
• Review loan sale purchase advices for accuracy
• Provide high level of service to customers consisting of loan officers, processors, underwriters, management and other office support staff and business partners
• Provide back up support to the Senior Secondary Marketing Analyst by assisting with trading and maintenance of the hedge position and reporting.
• Update pools and pool reports
• Willingly perform other job-related projects and duties as assigned, self-initiating assistance to team members when appropriate.

Requirements

Education: Bachelor’s degree or equivalent work experience

Experience: Two (2)-years experience in mortgage banking, preferably in Secondary Marketing. 

Skills: Strong verbal and written communication skills. Knowledge of mortgage banking principles, investor underwriting guidelines, and various federal regulations pertaining to mortgage lending. Familiarity with Encompass, Optimal Blue and/or Compass Analytics a plus. 

This position will not be working in a remote capacity.

Benefits & Perks!

While we value hard work, we also recognize the importance of having fun! Our employees enjoy a collaborative environment where they can freely bounce ideas off one another and participate in exciting teambuilding activities and outings, like trips to the ballpark, holiday celebrations, regular office socials and much more.

• Positive, collaborative team culture
• Competitive compensation structure
• Comprehensive benefits package includes: Medical, Dental, Vision, HSA/FSA accounts, 401K, Life Insurance, Short Term Disability, Long Term Disability, and EAP
• Time Off benefits include: Vacation, Sick, Holiday, Bereavement, Jury Duty, FMLA, and Military leave
• Discounted pet insurance
• Home purchase discounts & more!

*All benefits are subject to qualification and hire dates. Not all benefits apply to commissioned sales people. 

Compensation

• Base Salary: $65,000-$80,000
• FLSA Status: Non-Exempt
• Bonus Type: Year-end Discretionary

If you are ready for more than a job and seek a career with one of the most respected organizations in a top industry then we want to hear from you. Please also visit our website at www.richmondamerican.com for more information.

MDC Holdings, Inc. / Richmond American Homes is an Equal Opportunity Employer.