The Rate Lock Desk Administrator is responsible for processing requests from production to lock commitments and terms such as rate/points as well as tracking such requests. This person will also research all incomplete or inaccurate data on existing pipeline of loans. This person will assist Management on various projects including Pipeline Risk Management and Credit Risk Management. The Rate Lock Desk Administrator is responsible for working in all business channels to include Wholesale, Retail and Correspondent.

ESSENTIAL DUTIES AND RESPONSIBILITIES:

The essential duties of each area of responsibility are:

• Lock Extensions and Renegotiations
• Ensure accuracy of data on systems
• Ensure timely and accurate reporting of key data to management
• Daily lock and funding volume with historical trending
• Log, track and document extensions, concessions, exceptions to pricing and any loan data deemed necessary by management.

Administrative Functions

Assist Director of Mortgage Lending and VP, Secondary Marketing in tracking and reporting critical rate data.

MINIMUM QUALIFICATIONS

Knowledge, Skills and Abilities:

• Analytical skills
• Multi-tasking skills
• Knowledge of mortgage lending preferred but not essential
• Communication skills, both oral and written
• Interpersonal skills

Education, Training and Experience:

Potential candidates for this position must meet the following requirements:

• High School or equivalent
• One to two years of related years.
• Analytical and project performing skills required.
• Some experience in pipeline or credit risk management preferred.
• Experience in pricing preferred.