Manager of Secondary Market Pricing and Product Development jobs in United States
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F.N.B. Corporation · 10 hours ago

Manager of Secondary Market Pricing and Product Development

F.N.B. Corp. is a financial services company, and they are seeking a Manager of Secondary Market Pricing and Product Development. This role is primarily responsible for developing pricing strategies and managing product development initiatives to drive profitability while ensuring compliance and accuracy in mortgage pricing operations.

BankingFinanceFinancial Services

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 FNB’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 FNB affordable lending initiatives
Performs other related duties and projects as assigned

Qualification

Loan pricing principlesPricing engines proficiencyMortgage workflow systemsMS Excel - IntermediateMS Word - IntermediateMS PowerPoint - IntermediateManagement skillsCustomer service skillsAnalytical skillsMulti-tasking abilityGNMAFannieFreddieFHAVA productsOrganizational skillsInterpersonal skillsCommunication skillsFast-paced environment

Required

BA or BS
7 years of job-related experience
Excellent management skills
Excellent customer service skills
Excellent organizational, analytical and interpersonal skills
Excellent communication skills, both written and verbal
Ability to work and multi-task in a fast paced environment
MS Excel - Intermediate Level
MS Word - Intermediate Level
MS PowerPoint - Intermediate Level
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

Company

F.N.B. Corporation

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F.N.B. Corporation (NYSE: FNB) is a diversified financial services company headquartered in Pittsburgh, PA.

Funding

Current Stage
Public Company
Total Funding
$500M
2024-12-04Post Ipo Debt· $500M
1986-09-12IPO

Leadership Team

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Vincent Delie
CEO
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Brian Mancos
Director of Human Resources and Corporate Services
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Company data provided by crunchbase