Address
We’re always looking for bright individuals to join our growing organization. As a part of the First Financial Family, we will invest in your development and provide a dynamic work environment where you’re challenged, valued and empowered every day. We strive to be the best destination for the industry’s top talent, creating a diverse, collaborative workplace that celebrates innovation and change. We are one team, working together to get things done.
Job Description:
Office Location:
Abilene, Texas, United States
*This is an in-office position in Abilene, Texas.
SCOPE/CONTACTS:
Serves as the right-hand support to our SVP of Secondary Marketing and the Head of Mortgage Lending. This is an entry-level career-track position. You will be deep in the data, learning how to manage a multi-million dollar loan pipeline and how interest rate hedging works in real-time. This role requires a high tolerance for repetitive, detail-oriented tasks and a passion for financial mathematics.
ESSENTIAL FUNCTIONS:
- Provide direct administrative and analytical support to the SVP and CEO on high-level secondary marketing projects.
- Prepare daily market briefings and internal reports used for executive decision-making.
- Manage the daily flow of rate lock requests from our sales team.
- Ensure every lock is mathematically accurate and meets specific program guidelines.
- Assist in troubleshooting pricing discrepancies with Loan Officers and branch managers.
- Act as the primary data entry and reconciliation specialist within the MCT (Mortgage Capital Trading) system.
- Monitor the pipeline for "fallout" (loans that won't close) and ensure the data in our Loan Origination System matches our hedge reports.
- Learn the mechanics of interest rate risk management by assisting the SVP in daily hedging activities.
- Run daily reports to track lock expirations and extension requests.
- Perform repetitive but vital audits of loan files to ensure pricing "adjustors" (triggers that change the interest rate) are applied correctly.
MINIMUM QUALIFICATIONS:
- A Bachelor’s degree in Finance or Accounting is required. We are looking for someone with a strong grasp of financial equations.
- You are based in or willing to relocate to Abilene, TX, and are looking for a stable, long-term professional home.
- You can explain complex pricing rules to sales staff in a way that is professional and helpful, even when the market is volatile.
- You are highly proficient in Excel. If you know how to use VLOOKUPs or P