M/I Financial is part of the M/I Homes family. We help our homebuyers by providing a robust product set, competitive pricing, and world class customer service. The position works under the guidance of the SVP of Capital Markets and Risk Management of M/I Financial. This position has responsibility and accountability for managing the pricing, locking, pipeline management, and hedging functions of the Secondary Marketing department. In conjunction with subordinates, responsible for daily reporting, analysis, and trading of the mortgage pipeline. Works closely with the Underwriting, Warehouse and Post Closing departments to ensure loans meet secondary market requirements.
Duties and Responsibilities:
Directly supervises trains, and mentors the secondary marketing staff.
Actively watches financial markets and economic conditions and makes recommendations to senior management for hedging alternatives.
Keep informed of current marked trends in mortgage lending and market factors affecting mortgage lending and secondary market sales.
Responsible for the execution of securities trading with Wall Street firms
Conducts detailed analysis of mortgage delivery options, presents best execution guidance to executive management, and directs loan sale activities.
Must be familiar with financial accounting guidelines as they relate to derivatives to prepare mark-to-market reports and profit/loss projections.
Works closely with the SVP to negotiate favorable delivery contracts with secondary market investors.
Trains and develops secondary marketing personnel.
Assist with special projects as requested and perform additional duties as required.
Skills and Abilities:
Extensive knowledge of mortgage policies and practices. Knowledge of financial management. Excellent communication and organizational skills. Must have proven leadership ability. Strong technical and mathematical skills. Advanced proficiency in MS Office products. Acute attention to detail and accuracy of work.
College degree (Finance, Mathematics, Statistics, Computer Science, Economics) is preferred. 5+ years’ experience in secondary marketing. Supervisory and trading experience is a plus.
Some travel may be required.
M/I Homes offers a comprehensive benefits package, including medical, dental, vision, 401(k) profit sharing plan, employee stock purchase plan, employee home purchase plan and more.
We are proud to be an equal opportunity employer.
M/I Financial, LLC 4131 Worth Ave, Suite 460, Columbus, OH 43219. Company NMLS# 50684. For information on MIF licensing, please visit https://www.mihomes.com/financing
About M/I Homes
M/I Homes has been building new homes of outstanding quality and superior design for more than 40 years. Founded in 1976 by Irving and Melvin Schottenstein, and guided by Irving’s drive to always “treat the customer right,” we’ve fulfilled the dreams of over 130,000 homeowners and grown to become one of the nation’s leading homebuilders.