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Job Information

Stockman Bank of Montana SECONDARY MARKET SPECIALIST in Billings, Montana

Position General Responsibilities:

Responsible for assisting in the day-to-day operations of the department, providing customer service regarding loan programs, pricing and adjustments, structuring loans and assistance in negotiating pricing for correspondent loan programs. Assist with packaging, shipping, and delivery of loan files to investors. Requires a team approach with regular communication and interaction throughout the organization. Requires accurate data input into required systems.

Education, Experience and Certification Requirements

Note: Only minimum responsibilities are listed. Other responsibilities may be required as requested by management.

Minimum Qualifications:

  • High School diploma or equivalency

  • Strong commitment to providing exceptional customer service.

  • Strong problem-solving skills.

  • Must be able to work independently and to prioritize multiple tasks.

  • Strong written and verbal communication skills required.


  • Previous mortgage or professional office experience

Position Specific Responsibilities, Duties and Competencies

Locking and Hedged Loans duties:

  • Oversee, accept and confirm mortgage rate locks

  • Resolve mortgage rate and pricing issues

  • Assist in ensuring compliance with Federal regulations and fair lending policies.

  • Stay current on changes to investor and secondary marketing policies.

  • Process all lock requests and email confirmations to the requestor

  • Enter locked loan information in LOS, including price and lock expiration dates

  • Process extension requests, cancellations and revisions as requested

    For full description, which includes physical mental demands please see attachment.