Secondary Market Manager jobs in Wilmington, NC
Secondary Market Manager helps develop, manage, and improve a company's secondary mortgage market operations. Leads a team of analysts to ensure timely and accurate work and provides research and solutions to complex questions or tasks. Being a Secondary Market Manager oversees the company's loan purchases and sales on the secondary market and manages mortgage loan portfolios to balance risk. Reviews performance indicators and utilizes economic data and market trends to determine risk. Additionally, Secondary Market Manager maintains relationships with investors, brokers, and originators to identify and develop new leads and opportunities. Requires a bachelor's degree in a related area. Typically reports to a director. The Secondary Market Manager manages subordinate staff in the day-to-day performance of their jobs. True first level manager. Ensures that project/department milestones/goals are met and adhering to approved budgets. Has full authority for personnel actions. To be a Secondary Market Manager typically requires 5 years experience in the related area as an individual contributor. 1 - 3 years supervisory experience may be required. Extensive knowledge of the function and department processes. (Copyright 2024 Salary.com)
Recently Added Secondary Market Manager jobs
Associate Secondary Market Analyst
- Live Oak Banking Company
-
Wilmington, NC
FULL_TIME
- About Us Live Oak Bank is a digital bank that serves small business owners across the country. Our groundbreaking spin on service and technology has fueled our mission to be America’s Small Business Bank. Our products help customers buy, build, and expand their business, and our high-yield savings and CD products help them grow their hard-earned money. At Live Oak, we never lose sight of the well-being of our people. We believe our employees are the heart of our company. Our commitment to our customers and culture is intertwined, and we seek those who embody and embrace what it takes to empower the American dream. How This Role Impacts Live Oak and its People As an Associate Secondary Market Analyst, your role is crucial in safeguarding the accuracy and integrity of our core data through your knowledge of Live Oak loan products. Your role will directly impact the Bank’s financials by supporting the Secondary Markets team in the execution of any secondary market and participation loan activities. What You’ll Do at Live Oak Processes/maintains secondary market loan activities, including coordinating the sale of loans, booking the sold/participated portion of loans, filing appropriate reports, processing payments, and maintaining the loans and the relationship with participatory banks. Gives notification to SBA/USDA regarding participations, makes requests for data changes in the SBA database to facilitate secondary market sales, and interfaces with SBA’s Fiscal Transfer Agent, Participants & USDA investors for loan requests/modifications. Reviews the applicable terms of the Note, Authorization, and SBA systems for accuracy during the loan bidding process. Processes daily 1502 for secondary market investors. Executes Data Analysis using Fiserv Premier Business Analytics. Tracks sold and settled loans and income derived from those sold. Makes proper general ledger entries to account for transactions related to the settlement of sold loans. Reconciles general ledger accounts for disbursements on future advancing loans. Tracks sold and settled loans and income derived from those sold. Makes proper general ledger entries to account for transactions related to the settlement of sold loans. Reconciles general ledger accounts for participation payments, loan suspense, and disbursements on future advancing loans. Supports Secondary Market Analyst in filing and record keeping of sale documents and participation agreements at time of sell and repurchase, when applicable. Support Secondary Market Analyst in fielding loan-specific questions received from secondary market investors or participants as it relates to loan activity. Support Secondary Market Analyst in the loan modification process as it relates to secondary market-related activities. Update core data to align with approved loan modification documents. How You’ll Do It Utilizing detailed-oriented data organization skills, assist in the loan sale settlement and servicing functions Extensive knowledge of Excel will assist you in facilitating secondary market transactions. Develops an understanding of Bank systems, including Fiserv Premier, Salesforce, Prism, and more. Develops an understanding of bank policies and procedures. Develops an understanding of the Bank’s sold and participated portfolio Develops an understanding of the Bank’s loan products (SBA, USDA, and participations) Take ownership of primary responsibilities Required and Preferred Experience Bachelor’s degree in Finance, Business, Applied Mathematics, Computer Science, Statistics, Data Science or another related field Proficiency in Microsoft Office (Advanced Excel) Fluency with Excel formulas and functions Strong interpersonal skills and ability to communicate effectively Analytical and data-gathering skills Learning, thinking, concentration, creativity The ability to remain flexible and willing to get involved in a variety of ad-hoc projects The ability to interact with others and exercise self-control The ability to exercise discretion when necessary To Thrive at Live Oak Gravitate to Growth – Shows adaptability and support for changes to improve organizational effectiveness. Communicate and Collaborate – Communicates clearly and thoughtfully, demonstrating empathy in teamwork. Eye of the Tiger – Gets positive results by taking personal responsibility for actions and team outcomes. Know Your Business – Curates and maintains a depth of knowledge and skill to perform one’s job effectively. Customer at the Center – Provides customers with a personalized experience to achieve exceptional outcomes. For a detailed overview of our employee benefits please visit: http://www.liveoakbank.com/careers/ At Live Oak Bank, we are passionately focused on creating an inclusive and genuine environment! We encourage you to apply for roles that you believe you’d be a great fit for, even if you feel your past experience does not perfectly match every requirement. As we continue to grow, our People Team will match the skillsets of current and prior applicants with open roles within our organization. As we say at Live Oak, "Paint the Target!" and go after your goals!" More than just a job, a career at Live Oak is an opportunity to mold the future of the banking industry. Live Oak Bank would not be the top SBA 7(a) and USDA lender in the country without our people. We focus on hiring folks who are dedicated to living our values, every single day. Together, we’re on a mission to be America’s small business bank. At Live Oak we never lose sight of focusing on the wellbeing of our folks. We believe our employees are the heart of our company and drive our commitment to our customers. As part of the Live Oak team, you’ll have the chance to shape the next chapter of banking while supporting the backbone of our nation – small businesses.
- 6 Days Ago
Restaurant Manager
- Chick-fil-A - Market Street
-
Wilmington, NC
FULL_TIME,PART_TIME
- Thank you for your interest in a great career opportunity with Chick-fil-A. Here, you are taking the first step towards a very rewarding career. Every job at Chick-fil-A will prepare you to be the bes...
- 1 Month Ago
ADT Sales Market Manager
- Smart Home Security, LLC.
-
Wilmington, NC
FULL_TIME
- Smart Home Security is one of the fastest growing ADT Authorized Dealer in the Country. We are currently operating in all of VA, MD, KY, NC, SC, PA, OH, AL, GA and IN. We are currently looking for a F...
- 13 Days Ago
Assistant Meat Market Manager
- Harris Teeter
-
Morehead, NC
FULL_TIME
- Assist to manage and supervise up to 15 associates in the Meat/Seafood Department. Is responsible for assisting the Meat/Seafood Manager with the overall direction, coordination, and evaluation of thi...
- 1 Month Ago
Assistant Manager(08944) 7208 Market St
- Domino's Franchise
-
Wilmington, NC
FULL_TIME
- Job Description Assistant General Manager Position Description Department: Store Operations Job Title: Assistant General Manager FLSA Classification: Non-Exempt Reports To: General Manager Regional Op...
- 1 Month Ago
Assistant Manager(08944) 7208 Market St
- Domino's
-
Wilmington, NC
FULL_TIME
- Job DescriptionAssistant General Manager Position Description Department: Store OperationsJob Title: Assistant General Manager FLSA Classification: Non-Exempt Reports To: General Manager Regional Oper...
- 1 Month Ago
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0 Secondary Market Manager jobs found in Wilmington, NC area
Controls Engineer
- Global Laser Enrichment
-
Wilmington, NC
- Reporting to the Engineering Manager and working closely with the various engineering teams, this position will work wit...
- 4/18/2024 12:00:00 AM
Traveling DC Electrician
- CRITICAL ENERGY SERVICES INC
-
Wilmington, NC
- Job Description Job Description Our Story: Our Company has been offering a wide range of electrical services to their cu...
- 4/18/2024 12:00:00 AM
KFC General Manager
- KFC
-
Wilmington, NC
- At KFC, we feed the world. But we do more than fill people up. We fulfill their life. Our meals matter, and when we serv...
- 4/18/2024 12:00:00 AM
Director of Operations
- AEG
-
Wilmington, NC
- POSITION:Director of Operations TEAM:Wilmington Sharks LOCATION:Wilmington, NC START DATE:Immediate DESCRIPTION:The Wilm...
- 4/18/2024 12:00:00 AM
Solar Engineering Manager 5 - US Hybrid
- Black & Veatch
-
Wilmington, NC
- **Solar Engineering Manager 5 - US Hybrid** Date: Apr 4, 2024 Location: Overland Park, KS, US Burr Ridge, IL, US Charles...
- 4/17/2024 12:00:00 AM
Retail Mortgage Loan Originator
- BB&T
-
Wilmington, NC
- Primary Location : Wilmington, NC US : **Retail Mortgage Loan Originator** Job Description : **The position is described...
- 4/16/2024 12:00:00 AM
University of North Carolina Wilmington - Manager
- University of North Carolina Wilmington
-
Wilmington, NC
- As manager, you'll be responsible for overseeing daily operations of the restaurant. You should prioritize outstanding g...
- 4/15/2024 12:00:00 AM
Assistant General Manager
- Transdev Inc.
-
Wilmington, NC
- Assistant General Manager Become a part of our Transdev team as an Assistant General Manager in Wilmington, NC. This pos...
- 4/15/2024 12:00:00 AM
About Wilmington, North Carolina
Wilmington is a port city and the county seat of New Hanover County in coastal southeastern North Carolina, United States.
With a population of 119,045 in 2017, it is the eighth most populous city in the state. Wilmington is the principal city of the Wilmington Metropolitan Statistical Area, a metropolitan area that includes New Hanover and Pender counties in southeastern North Carolina, which has a population of 263,429 as of the 2012 Census Estimate.
Wilmington was settled by the English along the Cape Fear River. The city was named after Spencer Compton who was the Earl of Wilmington. Its ...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Secondary Market Manager jobs
$87,823 to $153,075
Wilmington, North Carolina area prices
were up 1.5% from a year ago
were up 1.5% from a year ago
What does a Secondary Market Manager do?
Secondary Market Manager in Reading, PA
Knowing how the primary and secondary markets work is key to understanding how stocks, bonds, and other securities trade.
December 24, 2019
Secondary Market Manager in Charlotte, NC
The private equity secondary market features dozens of dedicated firms and institutional investors that engage in the purchase and sale of private equity interests.
December 09, 2019
Secondary Market Manager in Beaumont, TX
CHICAGO (CBS) — It’s a billion dollar industry and growing, but so are the challenges for consumers buying tickets on line from secondary brokers.
January 25, 2020