Description
Who We Are
First Fed is a local community bank on an exciting growth trajectory with 18 locations including 12 full-service branches in Western Washington. First Fed was recognized by the Puget Sound Business Journal as a Best Workplace for the last 3 years and a Top Corporate Philanthropist in 2023. By popular vote, First Fed received 2023 awards for Best Bank in The Best of the Northwest, Best Banker in Readers’ Choice by Cascadia Daily News, and Peninsula Daily News named us Best Bank on the Olympic Peninsula. We also received a Best-In-State bank award from Forbes in 2021.
For over 100 years First Fed has served our customers and communities throughout the PNW. We’ve donated over $9 million to non-profit organizations in the past 8 years through our foundations, sponsorships, direct donations, and matched employee donations. Our amazing team has volunteered over 25,000 hours in the past 5 years – many by using our benefit of 3 paid volunteer days per year!
We welcome applicants from all backgrounds – our diversity makes us stronger. Join our award-winning team!
Our Values
Optimism: We are positive and decisive. We believe the future will be better than the past. Our attitude demonstrates persistence which leads to success.
Initiative: We are self-starters and find innovative solutions. We are courageous, entrepreneurial, and passionate. We take action for good.
Respect: We include individuals from diverse backgrounds and with different perspectives. We are committed to honoring and serving others.
Growth: We learn and adapt so we can continually improve. We believe in personal growth through grit and determination.
Ownership: We are invested in our endeavors. We are accountable and take responsibility for our actions and decisions.
Position Purpose:
The Mortgage Lending Analyst, working directly with the Director of Mortgage Lending will provide production and operational support to the lending team and take a leadership role with secondary market and portfolio pricing, loan systems optimization, management reporting and department projects.
Essential Functions:
Lead projects to affect continued optimization and automation of LOS, POS, and CRM systems in the mortgage department.
Collaborate with other Bank departments such as Appraisal and Construction to improve processes that impact lender workflow and customer experience.
Serve as primary liaison for loan systems by providing business and technical knowledge to complete LOS system developments.
Lead and manage Primary Mortgage Secondary Markets functions, including rate locks, extensions, loan deliveries, purchases and any other mortgage loan sale activities.
Manage relationships with all secondary market investors including system access/updates and annual recertifications.
Accurately update and track portfolio pricing/rate sheets with any approved changes.
Work with the reporting team to provide management reports reflecting accurate data and effective tracking of progress toward goals on an individual and departmental basis.
Provide management assistance through administrative tasks and overall lender management.
Onboard new mortgage lenders and provide initial systems training and support on process/workflow.
Support Mortgage Operations, Underwriting, and Lending Teams with loan level assistance in production and non-production activities.
Demonstrate a commitment to professional ethics in the performance of all lending activities and ensure compliance with all Federal and State compliance policies and regulations.
Develop and maintain a sound knowledge of Bank policies, procedures, documentation and compliance requirements.
Participate in continuing education to stay up to date with industry, regulatory and operational changes.
Perform related duties and responsibilities as required and other duties as assigned.
Qualifications:
Three years of demonstrated and effective experience in mortgage operations or lending.
Experience with mortgage systems such as Encompass and Blend
Experience in project management
Knowledge of mortgage industry compliance, guidelines, and regulations governing mortgage lending
Knowledge of processing, underwriting, and closing procedures
Demonstrated ability to meet established goals through effective time management
Proficiency with PC applications including MS Office Suite.
High School Diploma or equivalent required.
Physical Requirements:
The work requires the ability to operate office machines and equipment, such as personal computers, printers, copying machines and telephones. The work requires the ability to communicate clearly with customers, coworkers, and others in person and on telephones. Work activities involve combinations of sitting/standing for extended periods.
Pay Range
The pay range for this position is $26.45- $44.96 per hour
The typical hiring range for this position is $26.45 – $30.35 per hour
The incentive plan for this position is the Mortgage Support Incentive plan. It is paid out quarterly based on closed loan volume.
Employees will be eligible for our benefits package including medical, dental, and vision insurance, paid time off, retirement plans (401k with company match and Employee Stock Ownership Plan), gym membership reimbursement, discounts on our banking products, and more! Additional information on our benefits package can be viewed at https://www.ourfirstfed.com/careers
Qualifications
Education
Required
Experience
Required
- 3 years: Three years of demonstrated and effective experience in mortgage operations or lending.
Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities
The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor’s legal duty to furnish information. 41 CFR 60-1.35(c)