Secondary Marketing Analyst (Full Time) - Plano TX

Prosperity Bank; Plano (TX); On-site; USD 70,000 - 90,000; Full time

Job summary

Prosperity Bank is seeking a Secondary Marketing Analyst in Plano, TX, to assist with secondary marketing functions, including lock and pricing reviews, loan records maintenance, and compliance with investor conditions.

The ideal candidate will have a Bachelor's degree or at least 5 years of experience, with solid knowledge of mortgage loan processes and strong communication skills. Additional experience with Encompass and Optimal Blue is preferred.

Qualifications

• Solid understanding of technology used to support secondary marketing.
• Accurate and consistent work in a high-paced environment.

Responsibilities

• Completes locks in Encompass and Optimal Blue.
• Generates the Encompass lock confirmation.
• Ensures compliance with applicable regulations.
• Provides support for Mortgage Services and Correspondent Lenders.

Skills

Excellent verbal and written communications skills

Proficiency in Microsoft Office

Knowledge of lock desk and pricing

Strong organizational and critical thinking skills

Ability to multi-task in a high-paced environment

Excellent attention to detail

Education

Bachelor's degree or 5+ years of related experience

Tools

Encompass

Optimal Blue

Job description

If you are unable to complete this application due to a disability, contact this employer to ask for an accommodation or an alternative application process.

Secondary Marketing Analyst (Full Time) - Plano TX

Full Time Specialist Exempt Plano, TX, US

2 days ago Requisition ID: 10549

Prosperity Bank is an Equal Opportunity Employer.

POSITION PURPOSE

The Secondary Marketing Analyst assists the Secondary Marketing Manager with day‑to‑day secondary marketing functions, such as completing lock and pricing review request queues, updating loan records, re‑pricing loans, and maintaining investor lock policies and product knowledge.

ESSENTIAL FUNCTIONS AND BASIC DUTIES

• Completes locks in Encompass and Optimal Blue.
• Completes lock extensions.
• Completes the final price check.
• Submits lock and lock modification requests to Investors and secures lock confirmation.
• Locks loan with investor and secures lock confirmation.
• Generates the Encompass lock confirmation.
• Modifies lock and re‑prices loans after the initial lock.
• Assists all departments with general Secondary Marketing information.
• Answers rate lock, investor, and guideline‑related questions.
• Answers Lock Desk related call inquiries.
• Ensures Secondary Market operations are conducted in compliance with applicable regulations.
• Reports all pricing exceptions to the Secondary Marketing Manager for approval.
• Provides support to the Mortgage Loan Closing staff.
• Provides support to Mortgage Services and Correspondent Lenders to facilitate Secondary Mortgage Programs.
• Serves as a line of communication for Mortgage Services with the Secondary Market for issues that arise regarding committed and sold loans.
• Updates and maintains appropriate procedures to ensure compliance with Secondary Market guidelines and Federal/State regulations.
• Completes all other tasks, assignments, or functions as assigned and/or required.
• Originates new contracts in the Secondary Market for the sale of new and existing loans.
• Remains active in Prosperity Bank’s training programs and completes current curriculum, annual compliance training, and supplemental courses within prescribed time.
• Adheres to strict confidentiality policies and procedures due to handling confidential financial data.

SUPERVISORY RESPONSIBILITIES

This role has no supervisory responsibilities.

QUALIFICATIONS

Education/Certification: Bachelor (4‑year college) degree or 5+ years of experience or equivalent combination.

Required Knowledge: Solid understanding of technology used to support secondary marketing; excellent verbal and written communications skills; proficiency in Microsoft Office (Excel, PowerPoint, Word).

Experience Required: At least 5 years of related experience; knowledge of rules and regulations; knowledge of residential loan collateral documentation; ability to use a LOS, Encompass, and Optimal Blue.

Skills/Abilities: Knowledge of lock desk, pricing, and sales of mortgage loans into the secondary market; strong written and oral communication; accurate and consistent work; strong organizational and critical thinking; ability to multi‑task in a high‑paced environment; ability to interface with other departments; excellent attention to detail; excellent time management; ability to work independently.

PHYSICAL ACTIVITIES AND REQUIREMENTS

Typical office work. Sedentary; occasional lifting up to 10 lbs.

WORKING CONDITIONS

No hazardous conditions (typical office).

MENTAL ACTIVITIES AND REQUIREMENTS

• Reasoning ability: ability to deal with a variety of variables under limited standardization.
• Mathematics ability: compute discount, interest, profit, and loss; commission markup and selling price; ratios, proportions, percentages; ability to perform simple algebra.
• Language ability: read and prepare memos, reports, and essays using proper punctuation, spelling, and grammar; communicate distinctly with appropriate pauses and emphasis.

Work Schedule: Monday - Friday: 9:00AM - 5:00PM (40 hours).